Skip to comments.Connecticut Gun Company Turns to Texas
Posted on 07/13/2014 5:01:51 PM PDT by 2ndDivisionVet
Americas oldest family owned and operated gun manufacturing company O.F. Mossberg & Sons, has its eye on Texas. The company was founded in Connecticut in 1919; however, after Gov. Dannel Malloy (D) passed one of the strictest gun-control legislations in the nation last April, Mossberg & Sons is looking to expand in a more gun-friendly state.
CEO Iver Mossberg told Forbes:
Investing in Texas was an easy decision. Its a state that is not only committed to economic growth but also honors and respects the Second Amendment and the firearm freedoms it guarantees for our customers.
The gun company will still be headquartered in New Haven, however, all expansion will take place in Texas. Senior vice president of sales and marketing Tom Taylor explained:
Were moving all wood gun stock production to our Texas facility. More of our product lineslike our modern sporting riflesmight move to Texas in the future. Texas has been very good to us. Also, our gun sales have been so dynamic over the last number of years. Weve outgrown our facilities. This major expansion will help us keep up with demand.
Texas Gov. Rick Perry (R) has encouraged and even recruited businesses to come to his state, where taxes are low and economic growth is rampant. Recently the car manufacturing company Toyota and the firearm accessories company Magpul Industries, decided to relocate to Texas from the states of California and Colorado. The Tax Foundation ranked Texas at eleven in the 2014 State Business Climate Index. Connecticut placed at almost the very bottom of the list at 42.
but why does Texas want to spend tax dollars on bringing these companies here? That is hypocritical. I oppose corporate welfare, period.
If it makes sense for them to move their business here, then they can do it without welfare.
Its called the freemarket
It’s the way things are done in all 50 states and internationally. If Texas didn’t play the game they’d lose out.
One of my oldest and dearest friends lives in Robertson County--DEEP in the heart of Texas. I visit her frequently.
LOVE it there! I feel very much at home.
a shame. CT was the heart of precision mfg in the US once upon a time.
Just as Michigan was once the center of large scale automotive and other manufacturing.
How is there a free market if taxpayers are footing the bill?
There. Fixed it. You can bet that it is only a matter of time before the suits, shirts and ties follow the production lines.
Because the taxpayers of Texas benefit by having jobs move to Texas. Even with the breaks its a net increase in tax revenue.
“but why does Texas want to spend tax dollars on bringing these companies here? That is hypocritical. I oppose corporate welfare, period.
If it makes sense for them to move their business here, then they can do it without welfare.”
I’m guessing by the way you wrote your comment you’re not from Texas? If correct, why do you care what Texas does? God Bless Texas
Call it paying forward. It expands the working tax base spreading out to more so each pays less. What problem do you have with paying less because more contribute?
consider it a signing bonus, a moving stipend, etc. texas will still collect sales taxes and eventually other business taxes when these temporary incentives run out.
I am not from Texas, but got here as fast as I could! God BlessED Texas.
Come on down, Mossberg, Y’ALL! :)
I’m surprised they are not moving their headquarters as well.
Why stay in New Haven?
The family that owns the company probably has deep roots there.
Sigh... from 1998 to 2004 I was fortunate enough to live in Texas. I lived on Padre Island (North part near Corpus Christi). What a pleasure that was.
While we were there we bought a house, a boat an RV and a cargo trailer and each time we made the offer and when it was agreed we shook hands and that was that. It was a pleasure doing business with people who had a sense of honor and what was right and what was wrong.
It was worth putting up with the heat and humidity but I still wonder, before they invented air conditioning, how Texans reproduced during the sweaty season.
My old Mossberg 500 is one of my most reliable shotguns.
Glad to see their corporate is wising up and moving to good country!
gotta luv da Mossy!
I love my .270 bolt action Mossberg. Very smooth action and have never missed. One shot, one deer in the freezer. And that’s with the stock scope the rifle came with.
There are many medium-sized cities in Texas that would welcome Mossberg. Avoid the large cities. They are being over run by out of state Libs who have ruined their former home states and will attempt to do the same in Texas.
I am starting to worry about all the gun manufacturers collecting in a small number of states. If they every turn blue (by hook or by crook) a few lefty governors could close down the entire industry. The old eggs in one basket warning.
Almost forgot, welcome to Texas, Mossberg!
I will be quite happy to welcome Mossberg to Texas. As will all other Texans.
It might make business sense and it might be a good thing to do, but if government provides incentives that are coercively funded, it isn’t a free market.
The gun mfgs are escaping the northeast for more 2nd amendment friendly states.
Texas will turn blue when h3ll freezes over!
Everything is coercively funded including that property you paid for but really rent from the county.
Where is the coercive funding when a farmer sells oranges from his own orchard at a roadside stand?
Hopefully they aren’t all being heavily subsidized
6th generation Texan here!
Must be an I-35 Texan.....
“The gun mfgs are escaping the northeast for more 2nd amendment friendly states.”
More likely they are fleeing the high costs (payrolls and taxes). The costs of doing business in the socialist havens are simply too high; these minimum-wage increase pushes are taking place in them because nobody can afford to live there, and it is impossible to motivate somebody to work for minimum wage when an hour’s pay wouldn’t get you two gallons of gas, a plain pizza, or a pack of cigarettes.
Turns out that it’s a 10:1 or higher payback in tax revenue. San Antonio’s economy has benefited hugely from the Toyota plant there - and Toyota is moving their US HQ to Plano without any additional incentive because they liked what they found after they set up the truck plant here.
Because I don’t think business should all be on the taxpayer dime I can’t be a real Texan?
“Because I dont think business should all be on the taxpayer dime I cant be a real Texan?”
No, not at all. I have a Libertarian streak too. But, incentivizing businesses to relocate to Texas is ok with me. Besides, something about you causes me to think you may not be a Texan. Come on, fess up, lol :)
Very true. The world's most famous milling machine (the Bridgeport) was first produced in Bridgeport, Connecticut.
Our folks in the oilfield are leading the nation in pay, particularly here in Houston. At a previous employer (10 years ago) we had many machinists making over $100K.
Cheap labor it ain’t.
I don’t have a libertarian streak.
I was under the impression we were bringing businesses here because this is a better place to do business. Not because we decided to subsidize them better than the commies.
Texas Two Step. Move production to TX, claim that you’re not really going to leave state X so they don’t try to screw you. Then later move the HQ and explain it as a common sense move ‘to be near the production line.’ It avoids all sorts of unpleasantness with unions.
Toyota just did that for their US operations.
It’s both, but dangling a carrot helps. Also, the amount of money getting paid is neither permanent nor terribly large usually. Unfortunately, it is how the game is played at the national level now, with the economy in the shambles it is in - employers have the whip hand in deciding where to go.
It is when you compare output to salary. NE union idiots make as much if not more, but what they output is often crap. Not so much here.
I want to own a business. Will Rick Perry spot me a few million bucks?
“I was under the impression we were bringing businesses here because this is a better place to do business. Not because we decided to subsidize them better than the commies.”
Got a question for you; what Texas hero is buried at the Alamo? No fair Googling :)
It might be Karl Marx at this rate
“It might be Karl Marx at this rate”
Figures; all hat and no cattle :)
Not unless you’re an already established one from out of state that has over 500 jobs coming.
Keep in mind that the TEF is a direct reaction to what happened to the Texas economy in the mid to late 80s after the oil crash. Its entire purpose is to bring in out of state jobs in many different sectors so that the crash of any one sector won’t screw the state again.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.