Skip to comments.In Case You Missed It: Magpul Industries to Move Headquarters to Texas
Posted on 01/02/2014 2:56:48 PM PST by Texas Fossil
Office of the Governor
For Immediate Distribution
Jan. 2, 2014
Governors Press Office: 512-463-1826
Lucy Nashed: firstname.lastname@example.org
In Case You Missed It: Magpul Industries to Move Headquarters to Texas
AUSTIN Firearm accessories manufacturer Magpul Industries has announced it is relocating its corporate headquarters from Colorado to Texas. Magpul began a nationwide relocation search following the passage of anti-2nd Amendment legislation in Colorado this summer that made it difficult for the company to do business.
In Texas, we understand that freedom breeds prosperity, which is why weve built our economy around principles that allow employers to innovate, keep more of what they earn, and create jobs, Gov. Perry said. Im proud that Magpul is the latest employer to join the ranks of companies that call Texas home.
Excessive government regulation undermines a culture based on personal responsibility and creates a detrimental business environment, Magpul CEO Richard Fitzpatrick said. Texas supports personal freedoms and our company will thrive in that environment.
Gov. Perry has reached out to more than 30 firearm manufacturers in states across the country that are considering restricting sales and manufacturing in the industry. Magpul cited the Lone Star States business-friendly environment, predictable regulations and consistent respect for the Second Amendment as key elements in its decision to relocate.
Governor Perry really likes this part of his job.
Now our brothers in CO can finish the job they started with the recall elections and vote CO Governor Chickenpooper out of office. Put the ComDem Gun Grabbers on the run and their criminals in Jail.
Perry has earned the right to rub it in.
I already checked Monster. They haven’t advertised any jobs yet.
Yes, indeed. Go Rick.
I so love it.
Now we need an ammo loading line and a bullet manufacturer.
They haven’t decided on the exact location. Think I read there were 3 possible locations being considered.
I am really happy about this.
I heard production is going to Cheyenne, Wyoming. Just corporate HQ will be in TX. I’m not sure if that’s accurate.
“They havent decided on the exact location. Think I read there were 3 possible locations being considered.”
That’s okay. I can spend a few weeks in Colorado getting them ready to move.
Most jobs will move to Wyoming.
And your compensation would be? LOL!
MAGPUL INDUSTRIES ANNOUNCES PLANS FOR RELOCATION
Company Is Moving Operations to Wyoming and Texas
Magpul Industries announced today that it is relocating its operations to Wyoming and Texas.
The company is relocating manufacturing, distribution and shipping operations to Cheyenne, Wyoming. Magpul is leasing a 58,000 square foot manufacturing and distribution facility during the construction of a 100,000 square foot build-to-suit facility in the Cheyenne Business Parkway. The Wyoming relocation is being completed with support from Governor Matt Mead, the Wyoming Business Council and Cheyenne LEADS.
Magpul is moving its corporate headquarters to Texas. Three North Central Texas sites are under final consideration, and the transition to the Texas headquarters will begin as soon as the facility is selected. The Texas relocation is being accomplished with support from Governor Rick Perry and the Texas Economic Development Corporation.
Magpul made the decision to relocate in March 2013 and has proceeded on an aggressive but deliberate path says Doug Smith, Chief Operating Officer for Magpul Industries. These dual moves will be carried out in a manner that ensures our operations and supply chain will not be interrupted and our loyal customers will not be affected.
The company began a nationwide search for a new base of operations after legislation was enacted in Colorado that dramatically limits the sale of firearms accessories the core of Magpuls business. Magpul plans on initially transitioning 92% of its current workforce outside of Colorado within 12-16 months and will maintain only limited operations in Colorado.
"Moving operations to states that support our culture of individual liberties and personal responsibility is important, says Richard Fitzpatrick, Chief Executive Officer for Magpul Industries. This relocation will also improve business operations and logistics as we utilize the strengths of Texas and Wyoming in our expansion.
Founded in 1999, Magpul was launched to manufacture an innovative device to aid in the manipulation of rifle magazines while reloading under stress. The companys name comes from the original product called the Magpul. Over the last decade Magpul has continued to grow and develop into additional product areas using much the same mission and process with a focus on innovation, creativity, and efficiency.
No surprise that neither state has an income tax.
“And your compensation would be? LOL!”
Negotiable. I’m an enthusiastic supporter. I’m ready to move to Texas.
I am sure that is true initially.
Now why would they move “only” the headquarters to TX? I am sure they plan to expand production to TX too.
I had previously read that they had decided to have multiple production locations to avoid the mess they had in CO.
And it may be that TX will assist with some product expansion plans that were already in discussion while in CO.
Net effect will be good.
Colorado’s message to businesses seems to be:
Drugs and high taxes, yes.
Haaa haaaa haaaaa!!!!!
Welcome to the republic of Texas.
Colorado Governor’s message. People of CO (away from Denver & Lib bastions) feel totally different.
Lots of hunters and sportsmen. They despise the ComDems as much as we do. Not sure how many FR members there are in CO, but they are here.
Welcome to Texas, Magpul. What can we build for you?
How would you like to be the guy who walks out on the factory floor where people are making guns and announce “We’re closing down and moving to Texas. I advise you to start looking for a job.”
as long as they stay away from Austin