Magpul Industries has made it official. Their company’s new home will be in both Wyoming and Texas. Back in February, Magpul drew their line in the sand and said they would be leaving Colorado if House Bill 1224 which limited magazine size passed the State Legislature and was signed by Gov. John Hickenlooper (D-CO). The Democrats passed the bill, Hickenlooper signed it, and Magpul is making good on their intention to move all their operations out of the state.
Magpul will be moving their manufacturing and distribution facilities to Cheyenne, Wyoming. Their company headquarters will be to one of three North Central Texas sites under consideration. Both the states of Wyoming and Texas have put together grant and tax relief packages to lure Magpul to their states. Moreover, both Gov. Matt Mead (R-WY) and Gov. Rick Perry (R-TX) were involved in the pursuit of Magpul.
HiViz Sights moved to the Laramie area earlier this year. Alfred Manufacturing and Lawrence Tool & Molding, both of whom are suppliers to Magpul, had announced their intention to leave Colorado along with Magpul. I cannot find any news on whether they plan to move their facilities to Wyoming along with Magpul.
Magpul’s official announcement is below:
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 Magpul’s 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.”