Colorado firearms magazine maker leaving state due to new gun laws

[Tyr-Ziu Saxnot]

Colorado firearms magazine maker leaving state due to new gun laws

http://news.yahoo.com/colorado-firea...--finance.html

Colorado firearms magazine maker leaving state due to new gun laws

Reuters
By Jim Forsyth
January 2, 2014 7:19 PM
By Jim Forsyth
SAN ANTONIO (Reuters) - Magpul Industries, a manufacturer of ammunition magazines, is moving its corporate headquarters to Texas, making good on its threat to leave its base in Colorado because of new restrictions on guns.

"Moving operations to states that support our culture of individual liberties and personal responsibility is important," Magpul Chief Executive Richard Fitzpatrick said in a statement on Thursday.

Magpul threatened last year to leave in response to new state laws that ban ammunition magazines that hold more than 15 rounds, require universal background checks for gun buyers and force gun buyers to pay for their own background checks.

The company, which employs about 250 people in Colorado, will move its corporate headquarters to a yet-to-be determined site in Texas.

Most of its jobs will be moved to Wyoming, where manufacturing and distribution will take place, the Denver Post quoted spokesman Duane Liptak as saying.

"This relocation will also improve business operations and logistics as we utilize the strengths of Texas and Wyoming in our expansion," Fitzpatrick said.

Colorado has seen two of the deadliest mass shootings in U.S. history.

The state implemented the new legislation in March 2013, about nine months after a gunman opened fire in a packed theater in the Denver suburb of Aurora, killing 12 people and wounding 58 others.

Texas Governor Rick Perry welcomed Magpul to the state, with his office saying Texas has been trying to woo other firearms companies facing restrictive regulations in their home states.

"In Texas, we understand that freedom breeds prosperity, which is why we've built our economy around principles that allow employers to innovate, keep more of what they earn and create jobs," Perry said in a statement.

(Reporting by Jim Forsyth; Writing by Jon Herskovitz; Editing by Steve Orlofsky)

Bravo!! Good move and picked the right state too. Leave the dumbass people behind says I.. Tyr

[gabosaurus]

If Perry wants to improve economic conditions and aid growth, he should legalize pot. Colorado could increase its revenue by millions of dollars through new taxes and businesses.

[Tyr-Ziu Saxnot]

If Perry wants to improve economic conditions and aid growth, he should legalize pot. Colorado could increase its revenue by millions of dollars through new taxes and businesses.

Hell Obama showed the way. Just tax anything any amount and presto make hundreds of millions. Damn people just love air, so tax air! SCOTUS will rule it not a tax to hear the case then rule it a tax to uphold it as Constitutional! Never has been such an outrageous injustice as that in the entire history of this nation and most Americans are too stupid, too sold out or too socialistic to even get it! Welcome to Obama world, where corruption reigns supreme. I guess he is the damn messiah because never before has the SCOTUS been so corrupted.. MUST HAVE BEEN A MIRACLE AND ROBERTS MUST HAVE BEEN BLESSED...-Tyr

[Voted4Reagan]

Hell Obama showed the way. Just tax anything any amount and presto make hundreds of millions. Damn people just love air, so tax air! SCOTUS will rule it not a tax to hear the case then rule it a tax to uphold it as Constitutional! Never has been such an outrageous injustice as that in the entire history of this nation and most Americans are too stupid, too sold out or too socialistic to even get it! Welcome to Obama world, where corruption reigns supreme. I guess he is the damn messiah because never before has the SCOTUS been so corrupted.. MUST HAVE BEEN A MIRACLE AND ROBERTS MUST HAVE BEEN BLESSED...-Tyr

Obama will never tax you on taking a breath of air...

Air is free.

But he will put a Carbon tax on you exhaling as you are increasing carbon emissions.

[Tyr-Ziu Saxnot]

Obama will never tax you on taking a breath of air...

Air is free.

But he will put a Carbon tax on you exhaling as you are increasing carbon emissions.

Let him seize more power and he will do both with the same arrogance that he now sticks his middle finger up to SCOTUS
and Congress. His entire Presidency has been an overthrow of the government as it was founded.... He just has to do it slower to avoid the dumbed down citizens becoming alarmed enough to toss his traitorous ass out! And I am talking about marching there and doing that , not trying to impeach him and get him to resign. That's what he has to avoid causing so he has a long range plan and has been carrying it out ! Dictators do not resign. He is a dictator because he attacks that which he is sworn to defend, the Constitution, the Citizens and the Nation.. FACT...-Tyr

[Arbo]

The only problem with this story, is they didn't leave soon enough. Before the legislation was passed they (and many other) companies said they would leave if it was… it's taken them quite a while to make a move to make good on their word, they were actually starting to get some serious bad press.

But those that pay attention knew this was in the works for a long time.