Author Topic: Maryland Gets An Economics Lesson As Beretta Announces It Is Taking It’s Nearly 200 Jobs To Tennessee  (Read 353 times)

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Offline rangerrebew

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Maryland Gets An Economics Lesson As Beretta Announces It Is Taking It’s Nearly 200 Jobs To Tennessee

 

July 23, 2014



Beretta USA Announces Decision To Move Its Entire Maryland Manufacturing Capabilities To Tennessee

 
” Beretta U.S.A. Corp., located in Accokeek, Maryland, announced today that it has decided to move its manufacturing capabilities from its existing location to a new production facility that it is building in Gallatin, Tennessee.  The Gallatin facility is scheduled to be opened in mid-2015.  Beretta U.S.A. had previously planned to use the new Gallatin, Tennessee facility for new machinery and production of new products only.

“ During the legislative session in Maryland that resulted in passage of the Firearm Safety Act of 2013, the version of the statute that passed the Maryland Senate would have prohibited Beretta U.S.A. from being able to manufacture, store or even import into the State products that we sell to customers throughout the United States and around the world.  While we were able in the Maryland House of Delegates to reverse some of those obstructive provisions, the possibility that such restrictions might be reinstated in the future leaves us very worried about the wisdom of maintaining a firearm manufacturing factory in the State,” stated Jeff Cooper, General Manager for Beretta U.S.A. Corp.

“ While we had originally planned to use the Tennessee facility for new equipment and for production of new product lines only, we have decided that it is more prudent from the point of view of our future welfare to move the Maryland production lines in their entirety to the new Tennessee facility,” Cooper added. “
 While the Washington Post had this to say …
 

” The Italian company had disclosed a $45 million plan this year to expand operations to a new factory near Nashville. But Beretta has decided to go beyond that plan because, a senior executive said, the company is “very worried about the wisdom of maintaining a firearm manufacturing factory” in Maryland.

  Maryland’s new gun restrictions, pushed by Gov. Martin O’Malley (D) after the Sandy Hook Elementary School shooting in Newtown, Conn., bans 45 types of assault rifles and put in place tough fingerprint, photo identification and training requirements. Magazines are limited to 10 rounds.

  A version of the legislation that passed the state Senate “would have prohibited Beretta ­USA from being able to manufacture, store or even import into the State products that we sell to customers throughout the United States and around the world,” the company said.

  Jeff Reh, a spokesman for Beretta USA, said in an interview that executives had become increasingly worried that future legislative sessions could end more “disastrously” for the company. “We wanted to control our own destiny,” he said. “
 

     It never ceases to amaze us that the politicians always seem to believe that they operate in a vacuum , that there is no alternative save to do as they command , even while the market continues to demonstrate endlessly that foolish , naive , “feel good” legislation comes with a price tag … that of lost jobs , lost revenue and lost taxes . Good for Tennessee , good for Beretta …

http://youviewed.com/2014/07/23/maryland-gets-an-economics-lesson-as-beretta-announces-it-is-taking-its-nearly-200-jobs-to-tennessee/
« Last Edit: July 24, 2014, 06:16:27 AM by rangerrebew »
"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
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Offline Fishrrman

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Although the article suggests it is bad for the state of Maryland to lose 200 jobs, I sense that if you were to conduct a poll of residents of the state (most of whom are democrats and leftists), the majority opinion would be, "good riddance, we're glad that they're taking their filthy business and jobs elsewhere!" ...

Offline Oceander

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Although the article suggests it is bad for the state of Maryland to lose 200 jobs, I sense that if you were to conduct a poll of residents of the state (most of whom are democrats and leftists), the majority opinion would be, "good riddance, we're glad that they're taking their filthy business and jobs elsewhere!" ...

maybe, but they'll start whinging about the loss of tax revenue soon enough.  So stupid they cannot put two and two together and get four.

Offline Sarge

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The jobs, combined with revenue spent and taxes paid will be felt by Maryland and Tennessee.

Good job Beretta!
RIP Chopper 5-7-13 to 1-19-16

Offline evadR²

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Although the article suggests it is bad for the state of Maryland to lose 200 jobs, I sense that if you were to conduct a poll of residents of the state (most of whom are democrats and leftists), the majority opinion would be, "good riddance, we're glad that they're taking their filthy business and jobs elsewhere!" ...
Yeah, and I wonder what they will say about all the other businesses and wealthy people that are leaving Merryland in droves?  Unless you are a free shit'r or a government employee, you simply cannot afford to live in this state.
November 6, 2012, a day in infamy...the death of a republic as we know it.

Offline rangerrebew

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This just makes more room for Maryland to take in more illegal aliens since the governor is so supportive of the program. :whistle:
"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
George Washington

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
Benjamin Franklin


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