Gun-maker cited state’s « unwavering support of the Second Amendment » in saying it would relocate in 2023.
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.
