Gun makers flee Northeast for ‘true blood Second Amendment’ states

by Cheryl K. Chumley-The Washington Times  |  published on July 1, 2014

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Gun manufacturers are leaving the Northeast in droves, seeking out new production homes in the comparatively low-tax, Second Amendment-friendly South — and at a time when firearms sales have skyrocketed, industry data showed.

“Everybody who is looking to expand in new factory space is looking outside the Northeast,” said Brian Ruttenbur, an analyst with CRT Capital Group, in Reuters. “The reasons are taxes, labor and laws.”

One of the latest is PTR Industries Inc., a firearms maker that was based in Connecticut but left for South Carolina in the wake of hefty regulations that legislators enacted after the Newtown school shootings.

This week, company executives presented a commemorative rifle to the governor of South Carolina during a brief ceremony to mark their new partnership, which includes an $8 million initial PTR investment and the creation of 45 new jobs, Reuters reported.

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