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jmg257

(11,996 posts)
3. OMG!! States use tax funds/incentives to lure manufacturing companies to their states?!?
Thu Jan 28, 2016, 08:08 AM
Jan 2016

Its a shame the Northeast, which used to be heavy with builders, is losing so many job oppurtunities due to politics.

"Beretta Joins the Southward Migration of Major Manufacturing

On July 27, 2014, Beretta announced it is moving all manufacturing operations from MD southward to TN. They are far from the first to go. Kahr Arms left NY for PA. PTR Industries left CT and American Tactical Imports left NY – both for SC. And, Remington Arms, O.F. Mossberg & Sons, Ruger, Colt, Stag Arms announced expansions in southern states, including Alabama, Florida, and Texas."

It’s not an uncommon theme in 2014. In 2013, we saw the rise of massive legislation in CT, NY, and MD. Several small to mid-sized companies made moves that garnered at least local headlines. The larger manufacturers, including Beretta, started announcing expansions and individual product shifts. But 2014 has now become a year for shifting entire manufacturing operations out of the northeast to primarily southern states."

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