Econ 101.
Businesses tend to locate in places where they are welcomed.
American Outdoor Brands Corp., the parent company of gun maker Smith & Wesson, has announced they are closing their New England warehouse operation.
The publicly-traded company will be moving their distribution center to a new facility in Columbia, Missouri later this year. The news came as AOBC announced their financial results for the third quarter which overall saw sales increase by about 3 percent in the wake of announcing more than 250 new products from across the corporation’s varied divisions.
“The ramp-up of initial operations at our new Logistics & Customer Services facility in Missouri is well underway and on track,” said James Debney, AOBC’s CEO. “This 633,000 square foot, state-of-the-art facility will serve as our centralized logistics, warehousing, and distribution operation for all of our products, facilitating our growth, enhancing our efficiencies, and allowing us to better serve customers across our entire organization.”
1 comment:
Plus, Missouri would be more centrally located to serve customers in the interior states. It makes excellent sense. Massachusetts doesn't want guns, anyhow.
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