On Thursday, the Wyoming Business Council voted unanimously to support a $13 million economic development package for Magpul Industries. The company announced earlier this year that it would relocate its manufacturing, distribution, and shipping activities to Cheyenne, Wyoming. This includes the construction of a 100,000-square-foot facility in Wyoming’s capital, as well as the temporary lease of a 58,000-square-foot building.

Magpul initially announced its departure from Colorado last March, after the state passed a package of strict new gun control laws. At the time the company voiced criticism of the new laws, which included a ban on “assault weapons” and limited magazine size.

“Moving operations to states that support our culture of individual liberties and personal responsibility is important,” said Richard Fitzpatrick, Magpul’s chief executive officer, in a press release.

While Magpul intends on setting up its corporate headquarters in Texas, the bulk of its manufacturing capability is headed for Wyoming. The move will occur in phases to affect distribution as little as possible, but the company is expecting some big expenses. According to the Associated Press, the Wyoming Business Council hopes that $13 million in aid will help to lessen that burden.

The aid package consists of $5 million in loans and an $8 million grant. The Wyoming Tribune Eagle reported that the grant funds will go towards the buying and refurbishing of the temporary manufacturing facility, while the loans will provide a head start for the construction of the permanent location. The proposal was also approved by the Laramie County Commission on Tuesday.

The Wyoming Business Council estimated that the total return to the state as a result of Magpul’s relocation will be around $20.6 million. Local leaders also hope that the company will bring in more jobs and additional manufacturing capability.

The economic development proposal now moves to the State Land and Investment Board, which will review it at the board’s next meeting in February.

Image from www.shootjoec.com on the flickr Creative Commons

What's Your Reaction?

Like Love Haha Wow Sad Angry

15 thoughts on “Wyoming Welcomes Magpul with $13 Million in Proposed Relocation Aid

      1. Shhhh, quiet Alan, don’t muddy the beautifully pristine waters with actual, easily verifiable facts.

        Nobody likes those, silly man.

      2. It does provide some balance to the false market created by the ban on sale or purchase of the product the company in question produces…

  1. Awesome, now when I go visit my family up in Casper I can pick up a few mags. This is good for Wyoming, they really need businesses like this for their economy. Very happy for my home state.

    1. I’m sorry you are sorely misinformed… (I’m from Casper btw). If this plant was being placed in almost anywhere other than Cheyenne I might agree. The plant is being built in Cheyenne so the company doesn’t already lose its workforce from CO. Cheyenne is close enough that people can commute back and forth. These jobs are also some of the lower paying jobs in the state of WY, not something I can get behind.

      1. I am sorry you live in Casper. Sure some will stay and commute back and forth. Some others will get jobs somewhere else. Either way Cheyenne is getting a new company so some jobs are better than no jobs.

  2. I’m glad that Magpul has relocated to a city and state nearby making logistics easier. One question I have is did Utah even try to get them moved to their state?

      1. Must be the weed you smoke…The US military has “NOT” won a single war since adopting the 556.

      1. Well, why don’t you go stand 300 yds. away from a Marine Marksman, let him take a shot at you, and then you can discuss coefficiency or un-coefficiency over a beer all day long?

  3. this will be a great return on that investment for the state of Wyoming. Even though they do not have state income tax, employees will be paying property and sales taxes. I’ll even drive there to buy my standard capacity 20 and 30 round magazines and bring them back into Colorado.

Leave a Reply

Your email address will not be published. Required fields are marked *