SIGforum
S & W Moving to TN
September 30, 2021, 12:54 PM
redstoneS & W Moving to TN
I know they settled with the parents from sandy hook out of court. But I wonder if that case had any bearing on the decision as well?
Just thinking out my butt
This business will get out of control. It will get out of control and we'll be lucky to live through it. -Rear Admiral (Lower Half) Joshua Painter Played by Senator Fred Thompson September 30, 2021, 12:57 PM
18DAIAnd maybe they will hire some "gun guys" and make guns worth buying again. Regards 18DAI
7+1 Rounds of hope and change
September 30, 2021, 01:32 PM
Il Cattivoquote:
Originally posted by HRK:
Imagine they have to move in pieces anyway.
Yep. It's kind of hard to tell the difference between a partial move and a staged move when all you see is what's on the surface, and nobody in their right mind would tell Massachusetts up front that they're leaving entirely until they've got minimal assets to move.
September 30, 2021, 01:37 PM
GraniteguyOnce they get up and running in TN they will do the math and move whatever is remaining in MA south. (and as previous OP mentioned - after current Union contract(s) expire)
September 30, 2021, 02:00 PM
BBMWI bet the could if they wanted to, but...
Moving the metalworking operation, with it's huge and sometimes very old machinery (I've seen where they're still using machinery from the '30s) would be a daunting task. And I bet they have a lot of highly skilled, experience workers driving that machinery they need. This is probably especially true for their older product lines (thinking specifically about the all metal revolver lines.)
They could probably close the Springfield plant and lay off the workers. But reproducing that operation in TN would likely be tough and expensive. Of course, I could be wrong. But the fact that they're keeping that plant going suggests otherwise.
quote:
Originally posted by ElToro:
They probably can’t fully close up shop due to union contracts. As soon as the contracts run out the choice will be here’s a generous package to come relocate to a non union shop in TN or good luck with your life.
September 30, 2021, 02:01 PM
BBMWThat would go to where the attack happened, not where the gun was made.
quote:
Originally posted by redstone:
I know they settled with the parents from sandy hook out of court. But I wonder if that case had any bearing on the decision as well?
Just thinking out my butt
September 30, 2021, 03:48 PM
iron chefquote:
Originally posted by redstone:
I know they settled with the parents from sandy hook out of court. But I wonder if that case had any bearing on the decision as well?
S&W had nothing to do w/ Sandy Hook. It was Remington who settled w/ the victim families of Sandy Hook. The only guns fired at Sandy Hook were a Bushmaster XM-15 and a Glock 20. At the time, Remington was the parent company to Bushmaster.
September 30, 2021, 04:21 PM
GT-40DOCI wonder if the Mass. bean counters have sat down and figured out just how many tax dollars are moving South? It has to be a bunch!!
September 30, 2021, 05:53 PM
BBMWAs companies go, S&W is not particularly big. In total it has 2,200 employees (in all it's locations), and it sounds like 1,000 will be staying in MA. They have income of about $320 million on sales of about $1.1 Billion. MA's corporate tax rate seems to be 8%. So that would make their total corporate tax about $25 million. And, of course, since the entire operation isn't moving, MA will likely still get some part of that. For comparison MA's total state revenues (including federal money) is about $50 billion.
And, of course, the bean counters don't make political decisions, politicians do. and given the fact that S&W's tax revenue is a small drop in a large bucket, and that the state government is rabidly anti-gun, they're probably more than happy to see S&W leave.
One last point, as far as I've seen, the anti "assault rifle" manufacturing law as been proposed, but not passed. So I'm wondering if that's what's behind this, or if it's just a cost cutting measure.
quote:
Originally posted by GT-40DOC:
I wonder if the Mass. bean counters have sat down and figured out just how many tax dollars are moving South? It has to be a bunch!!
September 30, 2021, 07:14 PM
GraniteguyYou can't only look at S&W's revenue when evaluating the impact in MA. All those employees buy cars in MA, own homes in MA, buy food and consumer goods in MA. In addition, hundreds of other companies service S&W daily/weekly. This all adds up. And by late 2023 I can almost guarantee that all of S&W will be in TN/South.
September 30, 2021, 07:16 PM
parabellumquote:
Originally posted by Graniteguy:
And by late 2023 I can almost guarantee that all of S&W will be in TN/South.
From your mouth, to God's fitty cal.
September 30, 2021, 07:55 PM
RileyRevolvers available with no lock in the near future I hope?
Do not send me to a heaven where there are no dogs.
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Expectations are premeditated disappointments. September 30, 2021, 08:01 PM
wrangler5The hostile laws may not have been passed, but it doesn't take much of a crystal ball to see that they're coming. It's only good business to get out before the hammer drops.
And some machinery and equipment is easier to move than other. Again, it's probably good business to do it in stages. Move the easier stuff, and get settled in the new facility and community. When things are built and running smoothly, there will be more corporate energy to concentrate on moving the tough stuff.
September 30, 2021, 09:13 PM
BBMWI actually went onto their Facebook page and brought up the subject. I got a "maybe we'll think about it" type of answer. If enough people ping them about it, maybe doing so will get on their radar.
quote:
Originally posted by Riley:
Revolvers available with no lock in the near future I hope?
September 30, 2021, 09:14 PM
parabellumRemoving the lock would be lawsuits waiting to happen. Once they put that stupid shit on their revolvers, taking it off would be considered reckless behavior, disregarding the safety of their customers.
September 30, 2021, 09:15 PM
PASigIt will eventually happen to every gun manufacturer stuck in a libtard anti-gun blue state. Kahr left NY state a few years ago for PA over the same bullshit.
September 30, 2021, 11:49 PM
10X-ShooterWelcome S&W, bring forth your production into these hills. Maryville is a beautiful town on the outskirts of Knoxville and only an hour away. Glad to see another company moving to free America.
October 01, 2021, 07:26 AM
CCRThey will be welcomed here with open arms and less then an hour away.
Cummings Custom Refinishing offers Quality Craftsmanship at affordable prices. Fully Lic FFL's for over 30 years
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www.ccrrefinishing.com October 01, 2021, 08:21 AM
redstonequote:
Originally posted by iron chef:
quote:
Originally posted by redstone:
I know they settled with the parents from sandy hook out of court. But I wonder if that case had any bearing on the decision as well?
S&W had nothing to do w/ Sandy Hook. It was Remington who settled w/ the victim families of Sandy Hook. The only guns fired at Sandy Hook were a Bushmaster XM-15 and a Glock 20. At the time, Remington was the parent company to Bushmaster.
Thanks, I don't normally miss things like that.
This business will get out of control. It will get out of control and we'll be lucky to live through it. -Rear Admiral (Lower Half) Joshua Painter Played by Senator Fred Thompson October 01, 2021, 08:33 AM
CQB60Revolvers will continue to be manufactured in the current facilities in Springfield Ma. HQ & everything polymer or pistol related is relocating to the Knoxville area in Tennessee.
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