Saturday, February 15, 2014

Remington Moving?

I don't know how trustworthy the source is, but Yellowhammer is reporting that Remington Arms Company is opening a new facility in Alabama.
High level sources have informed Yellowhammer News that Remington, one of the world’s largest gun manufacturers, will on Monday join Alabama Gov. Robert Bentley in announcing that they are bringing over 2,000 jobs to Alabama.The company is viewing the move into Alabama as an expansion, but it will likely impact their Ilion, NY plant as well. The New York facility currently employees around 1,200 people. It is expected to stay open, but with a reduced workforce.
New York isn't very gun friendly these days, and smart companies are looking at alternatives.  Labor, capital, and creativity are mobile.  If a political climate is toxic to a business, it makes sense to move to a place that is welcoming the jobs and paychecks.

We'll be waiting for the announcement on Monday.

Hat tip to The Gun Counter.

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