gun makers

Gun Makers Packing Their Bags as States Consider Bans

by Matthew Rocco, Fox Business  |  published on March 13, 2013

As some states move to enact stricter gun regulations, manufacturers of firearms, ammunition and magazines are looking to take their businesses elsewhere.

States including Colorado, Maryland and Connecticut are debating new restrictions on gun ownership, while New York will face a battle in court beginning this month after passing one of the strictest laws in the country.

Those states have something else in common. Each of them is home to some of the firearms industry’s most well-known names, who are promising to move operations to more gun-friendly states.

Firearms businesses, responsible for making and selling guns, magazines and other related products, have cited business interruptions and added costs as reasons to move. Meanwhile, several manufacturers like Maryland’s Beretta USA already have operations outside of their home states, making an entire move a bit easier.

Given the added economic activity and in-state jobs those companies could bring, Texas Republican Gov. Rick Perry and politicians from Missouri, Tennessee, Wyoming and others are courting gun manufacturers, as well as other businesses like Colorado magazine maker Magpul.

“The last thing companies want to do is move, but the laws are forcing their hand,” said Jake McGuigan, Director of State Affairs for National Shooting Sports Foundation, a firearms industry trade group.

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