Via the Sun News of Myrtle Beach:
CONWAY — Connecticut firearms manufacturer PTR Industries will announce Monday that it has decided to move its operation to Horry County.
The formal announcement is to be made at a 2:30 p.m. ribbon cutting ceremony at an industrial building in the Cool Springs Business Park.
The company was identified as Project Phaser in the resolution, but Brad Lofton, CEO of the Myrtle Beach Regional Economic Development Corp. said previously that Phaser was the name given to PTR Industries.
Josh Fiorini, PTR’s CEO, told The Sun News that the company will have 140 employees, many of whom will relocate in the move, which he said will happen over three years.
PTR Industries is one of two Connecticut firearms manufacturers that have said they are being courted by Horry County. The other, Stag Arms, said it is interested in the area, according to Mark Malkowski, Stage Arms CEO.
The move was precipitated by restrictive gun laws passed by the state of Connecticut.
The Associated Press has more:
BRISTOL, Connecticut — Less than a week after Connecticut Gov. Dannel P. Malloy signed gun restrictions into law in April, gun manufacturer PTR Industries said it intended to leave the state to avoid the damage it expected to be inflicted on its business.
On Wednesday, the rifle manufacturer kept its promise, announcing it will move to Aynor, South Carolina
“One hundred percent of our product line is now illegal in Connecticut due to that law,” said John McNamara, the company’s vice president for sales.
I suspect this will be the first move of many for gun manufacturers around the country who are based in states that are demonizing gun owners and passing more restrictive gun laws in the aftermath of the Newtown massacre. Can you blame them?