Gunmakers aim for greener pastures as states pass new firearms laws Published April 29, 2013 FoxNews.com
Arms manufacturers in at least two states with strict new gun laws are making good on their promise to move their operations -- along with thousands of jobs and millions in tax revenues -- to locales they deem friendlier to the industry.
In Connecticut, where venerable gunmakers like Colt and Sturm, Ruger & Co. have been joined in the last decade or so by upstarts like Stag Arms and PTR, reform of gun laws in the wake of the Sandy Hook school shootings has left the industry feeling unwelcome. Bristol-based high-end rifle manufacturer PTR Industries announced this month via Facebook that it would be taking its 40 jobs and $50,000 weekly payroll to an unspecified new state, widely believed to be Texas.
“With a heavy heart but a clear mind, we have been forced to decide that our business can no longer survive in Connecticut – the former Constitution state.”- Gunmaker PTR INdustries, in Facebook statement