Current:Home > InvestSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -WealthTrail Solutions
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
View
Date:2025-04-26 19:24:11
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! (5927)
Related
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- North Carolina lawmakers say video gambling machine legislation could resurface this year
- What's the best restaurant near you? Check out USA TODAY's 2024 Restaurants of the Year.
- 'Jeopardy' contestant answers Beyoncé for '50 greatest rappers of all time' category
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- EA Sports drops teaser for College Football 25 video game, will be released this summer
- The 2024 Met Gala Co-Chairs Will Have You on the Floor
- Verdict in Donald Trump’s civil fraud trial expected Friday, capping busy week of court action
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- Prison deaths report finds widespread missteps, failures in latest sign of crisis in federal prisons
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Man accused of killing deputy makes first court appearance
- Kansas City mass shooting is the 50th so far this year, gun violence awareness group says
- MLB power rankings: From 1 to 30, how they stack up entering spring training
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- The Excerpt podcast: At least 21 shot after Kansas City Chiefs Super Bowl parade
- Migrating animals undergo perilous journeys every year. Humans make it more dangerous
- North Carolina lawmakers say video gambling machine legislation could resurface this year
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
The Voice Alum Cassadee Pope Reveals She's Leaving Country Music
Championship parades likely to change in wake of shooting at Chiefs Super Bowl celebration
At least 7 Los Angeles firefighters injured in explosion, multiple in critical condition
What to watch: O Jolie night
Jon Hamm spills on new Fox show 'Grimsburg,' reuniting with 'Mad Men' costar
2 former Didion Milling officials sentenced to 2 years in Wisconsin corn plant blast
Pennsylvania courts say it didn’t pay ransom in cyberattack, and attackers never sent a demand