|
REPLY TO THREAD
|
|
Subject
|
MA loses and East Tennessee gains - Smith & Wesson moving HQ to TN - UPDATE page 3 - GLPer published Op-Ed piece local paper
|
|
User Name
|
|
|
|
|
|
|
| Font color:
Font:
|
|
|
|
|
|
Original Message
|
yippee!
Blue bleeds
Red leads...
[link to www.wamc.org (secure)]
Smith & Wesson, the gun manufacturer that has been based in Springfield, Massachusetts since before the Civil War, announced Thursday that it plans to move its headquarters to Tennessee, costing the region hundreds of jobs.
In a conference call with reporters and stock analysts, company President and CEO Mark Smith cited legislation pending on Beacon Hill that would, if passed, prohibit the manufacturing of certain firearms in the state as the key reason for the move.
"While we are certainly hopeful this arbitrary and damaging legislation will be defeated in this session, these products made up over 60 percent of our revenue last year," he said. "And the unfortunate likelihood that such restrictions would be raised again, led to a review of the best path forward for Smith & Wesson."
The Exodus from Libtardia continues...
|
|
Pictures (click to insert)
|
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | | | Next Page >> |
|
