That’s the case with Smith & Wesson Brands, Inc., which recently announced it will move its headquarters and a large portion of its manufacturing from Springfield, Mass., to Marysville, Tenn. The company has been rooted in western Massachusetts since it was founded in 1852. In 2023, it will open the doors to its new manufacturing facility and headquarters nearly 900 miles south.
That’s not an easy decision. The company will invest hundreds of millions to build a new production plant. It will consolidate warehousing from Missouri to the Tennessee location. That’s where Smith & Wesson will transition the production of semiautomatic pistols and rifles, while revolvers will continue to be produced in Massachusetts. That move will require transferring 750 jobs.