Current:Home > StocksSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -StockPrime
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
View
Date:2025-04-12 11:49:47
MARYVILLE, Tenn. (AP) — Gun manufacturer Smith & Wesson hosted a grand opening of its new Tennessee headquarters Saturday after moving from its longtime home in Massachusetts to a more gun-friendly state.
The company built a new 650,000-square feet (60,387-square meters) headquarters in Maryville, Tennessee, as part of a $125 million relocation plan announced in 2021. Tours were offered at the new facility on Saturday.
The gunmaker had been located in Springfield, Massachusetts, since the mid-19th century, but company officials have said legislative proposals in that state would prohibit them from manufacturing certain weapons. Massachusetts is known to have some of the country’s strictest gun laws.
Smith & Wesson President and CEO Mark Smith spoke at the event Saturday, which drew a large crowd to the new facility, The Daily Times reported.
“From where I stand, the next 170 years of Smith & Wesson are looking pretty good,” Smith said. “It is something special here in Tennessee.”
He cited a welcoming regulatory environment and close collaboration with the Tennessee state government as a crucial piece of the plan to relocate. The company has said the new facility would create hundreds of jobs.
Tennessee has moved to loosen gun restrictions in recent years under Republican leadership. In 2021, the state passed a law to allow most adults 21 and older to carry handguns without a permit that requires first clearing a state-level background check and training.
veryGood! (594)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Trump says states should decide on prosecuting women for abortions, has no comment on abortion pill
- Tinder, Hinge release new protective features to keep users safe
- Midtown Jane Doe cold case advances after DNA links teen murdered over 50 years ago to 9/11 victim's mother
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Columbia protesters seize building as anti-war demonstrations intensify: Live updates
- The Georgia Supreme Court has thrown out an indictment charging an ex-police chief with misconduct
- Bird flu risk prompts warnings against raw milk, unpasteurized dairy products
- Military service academies see drop in reported sexual assaults after alarming surge
- Perspective: What you're actually paying for these free digital platforms
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- 15 hurt by SUV crashing into New Mexico thrift store
- Marjorie Taylor Greene threatens vote on ousting Mike Johnson after Democrats say they'll block it
- Mississippi lawmakers quietly kill bills to restrict legal recognition of transgender people
- Sam Taylor
- Powerball winning numbers for April 29 drawing: Jackpot rises to $178 million
- 2-year-old boy killed while playing in bounce house swept up by strong winds in Arizona
- Sara Evans Details Struggle With Eating Disorder and Body Dysmorphia
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Walmart is launching a new store brand called Bettergoods. Here what it's selling and the cost.
Louisiana rapist sentenced to physical castration, 50 years in prison for assaulting teen
Mississippi Medicaid expansion plan could struggle for bipartisan support, Democratic leader says
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Taylor Swift and Travis Kelce's Vegas PDA Will Have You Feeling So High School
Baby Reindeer Creator Richard Gadd Calls Out Speculation Over Real-Life Identities
2 die when small plane crashes in wooded area of northern Indiana