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Economy
Smith and Wesson to move headquarters from Massachusetts to Tennessee
2021-10-01
[CBSNEWS] Smith & Wesson is moving its headquarters from Massachusetts to Tennessee, citing the southern state's "unwavering support of the Second Amendment" as well as its lower cost of living. The decision to depart New England was "an extremely difficult and emotional" one, Mark Smith, the gun-maker's president and CEO, said Thursday in a statement. The company, based in Springfield, Massachusetts, since 1852, will spend $125 million on the relocation, it said.

As many as 750 jobs will move from Massachusetts, Connecticut and Missouri to Maryville, Tennessee, by the summer of 2023, according to Smith & Wesson.



Posted by:Fred

#6  Don't worry. They'll get sued anyway.
Posted by: ed in texas   2021-10-01 16:40  

#5  Tennessee becoming the arsenal of democracy?
Posted by: JohnQC   2021-10-01 10:10  

#4  ^ as intended. More proles to add to the UBI rolls.
Posted by: Burn Loot Murder   2021-10-01 09:50  

#3  700 jobs gone, just like that.
Posted by: Raj   2021-10-01 09:49  

#2  Seem to remember S&W was the 1st to bail during the Obama or was it the Clinton push for gun maker lawsuits.
Posted by: NN2N1   2021-10-01 08:35  

#1  Smith & Wesson announces $120M move to Tennessee from Massachusetts - where it has been headquartered since 1856 - because of BAN on production of assault rifles that account for 60% of revenue
Posted by: Skidmark   2021-10-01 07:17  

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