“Prior to introduction of this legislation, the three Beretta Holding companies located in Maryland were experiencing growth in revenues and jobs and had begun expansion plans in factory and other operations,” the company said. “The idea now of investing additional funds in Maryland and thus rewarding a Government that has insulted our customers and our products is offensive to us so we will take steps to evaluate such investments in other States.”
Maryland’s law goes into effect in just a few weeks and Beretta seems to be holding true to its promise. Georgia’s Upson County is developing incentive packages to attract a new Beretta plant that could house 400 employees, the Atlanta Business Chronicle recently reported. Georgia and North Carolina are among the seven states Beretta says it’s considering expanding to.
Kahr Firearms Group of New York told the Associated Press in early August that a new gun-control measure there played a role in the decision to open an 80- to 100-employee plant in Pennsylvania instead of New York.
Connecticut gun manufacturers made similar threats when that state considered and passed gun-control measures this year. One of those companies, PTR Industries, recently announced plans to create a factory in South Carolina that it says would employ nearly 150 people. Another Connecticut gunmaker, Stag Arms, is considering opening a factory there that would employ more than 100 people, according to reports.
In announcing PTR’s relocation, state Rep. Alan Clemmons read from a concurrent resolution passed in the state that stated “prospects need not fear legislative or regulatory actions that would make them feel unwelcome.”