170 Years Later, Smith & Wesson Escapes Massachusetts Weapons Education Holsters

Published on January 23, 2022
Duration: 6:41

This video discusses Smith & Wesson's decision to relocate their headquarters from Springfield, Massachusetts, to Maryville, Tennessee. The move is attributed to new state laws in Massachusetts that would prohibit the production of semi-automatic rifles, which constitute 60% of Smith & Wesson's business. The relocation is presented as a strategic move to a more business-friendly state, creating jobs in Tennessee while Massachusetts loses them.

Quick Summary

Smith & Wesson is relocating its headquarters from Springfield, Massachusetts, to Maryville, Tennessee, in 2023. This move is a direct response to new legislation in Massachusetts that would ban the production of semi-automatic rifles, which account for 60% of the company's business.

Chapters

  1. 00:01Introduction
  2. 00:15Major Gun Manufacturer Relocation News
  3. 00:26170 Years in Massachusetts
  4. 00:35Impact of Changing Laws
  5. 00:52Smith & Wesson's Move
  6. 01:10Springfield, MA to Maryville, TN
  7. 01:27New State-of-the-Art Facility
  8. 01:39Job Losses in Massachusetts
  9. 01:57Massachusetts Law Impacting Production
  10. 02:04Ban on Semi-Automatic Rifles
  11. 02:22Visuals: 1911 Pistols
  12. 02:41Holster Advertisement
  13. 03:18Benefits of Moving to Tennessee
  14. 03:27Employee Severance and Relocation
  15. 03:56New Employee Hiring in Tennessee
  16. 04:12Massive Move Announcement
  17. 04:31Continued Production of Semi-Automatic Rifles
  18. 04:40Improved Distribution and Hiring
  19. 04:52Overall Benefit for the Company
  20. 05:01Critique of Massachusetts Lawmakers
  21. 05:18Good News for Gun Owners
  22. 05:21Bad News for Massachusetts
  23. 05:45Smith & Wesson Improving
  24. 05:49Future Video Teaser
  25. 06:00Conclusion on Smith & Wesson's Move
  26. 06:10Ability to Make Semi-Automatic Rifles
  27. 06:18Call to Action: Share and Subscribe
  28. 06:25Closing Remarks

Frequently Asked Questions

Why is Smith & Wesson moving its headquarters?

Smith & Wesson is relocating its headquarters from Springfield, Massachusetts, to Maryville, Tennessee, primarily due to new state laws in Massachusetts that would prohibit the production of semi-automatic rifles, which constitute a significant portion of their business.

When is Smith & Wesson moving its headquarters?

The move is scheduled to occur in 2023. The company has been based in Springfield, Massachusetts, for 170 years, since 1852, before deciding to relocate to Tennessee.

What impact will the Smith & Wesson move have on jobs?

The relocation is expected to create approximately 750 new jobs in Maryville, Tennessee. Conversely, Massachusetts is anticipated to lose a substantial number of jobs and tax revenue as a result of the company's departure.

What types of firearms are affected by the Massachusetts law?

The impending Massachusetts law specifically targets the production of semi-automatic rifles. This category of firearms represents about 60% of Smith & Wesson's business, making the law a critical factor in their decision to relocate.

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