Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe, and Smith & Wesson Brands Inc. officials today announced Thursday, Sept. 30, the U.S.-based leader in firearms manufacturing and design will relocate its headquarters and other major operations from Springfield, MA, to Maryville, TN.
Smith & Wesson Brands Inc. President and CEO Mark Smith said, “The strong support we have received from the state of Tennessee and the entire leadership of Blount County throughout this process, combined with the quality of life, outdoor lifestyle, and low cost of living in the Greater Knoxville area has left no doubt that Tennessee is the ideal location for Smith & Wesson’s new headquarters. We would like to specifically thank Governor Lee for his decisive contributions, and the entire state legislature for their unwavering support of the Second Amendment and for creating a welcoming, business friendly environment.”
In addition to its headquarters, Smith & Wesson will relocate its distribution, assembly, and plastic injection molding operations to Tennessee. The project represents an investment of approximately $125 million and is expected to create 750 new jobs.
Gov. Bill Lee said, “Our pro-business reputation, skilled workforce, and commitment to the Second Amendment make Tennessee an ideal location for firearms manufacturing. We welcome Smith & Wesson to The Volunteer State and are proud this U.S.-based brand has chosen to relocate from Massachusetts. Thanks for your significant investment in Blount County and for creating 750 new jobs.”
Smith & Wesson will locate in Partnership Park North in Blount County, where the company plans to break ground before the end of the year.
TNECD Commissioner Bob Rolfe said, “Tennessee is known by the brands that call our state home, and Smith & Wesson adds an enormous boost to our portfolio. We know that Smith & Wesson could have chosen anywhere in the world to relocate its operations and headquarters, and the fact they chose Tennessee underscores our state’s business-friendly environment and highly skilled workforce.
“The magnitude of this project will have a lasting impact on our state for years to come, and we appreciate the company for its significant investment in East Tennessee.”
Founded in 1852, Smith & Wesson is one of the world’s leading manufacturers and designers of firearms. They manufacture a wide array of handguns, long guns, handcuffs, suppressors, and other firearm-related products for sale to a wide variety of customers, including firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the United States and throughout the world.
Smith & Wesson joins more than 20 small arms and ammunition manufacturers located in Tennessee. Tennessee ranks No. 1 in the nation for employment in the small arms and ammunition sector, with employment increasing by 54% over the last five years.
National Shooting Sports Foundation notes that Smith & Wesson’s announcement to move their headquarters and a large portion of their operations to Tennessee is just “the latest of a series of firearms and ammunition manufacturers moving to states with strong Second Amendment traditions.”