Current:Home > MarketsSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -WealthFlow Academy
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
View
Date:2025-04-17 03:04:39
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! (2873)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- AP Week in Pictures: Global
- Residents clean up and figure out what’s next after Milton
- NCAA pilot study finds widespread social media harassment of athletes, coaches and officials
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Guy Gansert of 'Golden Bachelorette' speaks out as ex-wife's restraining order request is revealed
- Sean “Diddy” Combs to Remain in Jail as Sex Trafficking Case Sets Trial Date
- Sean 'Diddy' Combs trial date set for sex crimes charges: Live updates
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Chicago Fed president sees rates falling at gradual pace despite hot jobs, inflation
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Yankees get past Royals to reach ALCS, seeking first World Series since 2009
- One Tech Tip: Here’s what you need to do before and after your phone is stolen or lost
- Abortion has passed inflation as the top election issue for women under 30, survey finds
- Meta donates $1 million to Trump’s inauguration fund
- US House control teeters on the unlikely battleground of heavily Democratic California
- Guardians tame Tigers to force winner-take-all ALDS Game 5
- Sean “Diddy” Combs to Remain in Jail as Sex Trafficking Case Sets Trial Date
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
RHOSLC's Jen Shah Gets Prison Sentence Reduced in Fraud Case
Influencer Cecily Bauchmann Apologizes for Flying 4 Kids to Florida During Hurricane Milton
Asylum-seeker to film star: Guinean’s unusual journey highlights France’s arguments over immigration
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Rihanna Reveals What Her Signature Scent Really Is
Influencer Cecily Bauchmann Apologizes for Flying 4 Kids to Florida During Hurricane Milton
The Fate of Nobody Wants This Season 2 Revealed