jBeretta Moves

jm.

Well-known Member
Location
Dover TN
Well 500 year old company decided to move the entire operation to Tennessee. Beretta arms relocating with the spending of 35 Million on a new facility to employ 350 folks. Keep making those guns.
 
I'll tell you what,say what you will about jobs going overseas,but the fact is,everybody's going to Kentucky and Tennessee.
 
We have landed some big ones right here close in the last year. Good for lots of folks but lots of things go up like house rent. Builders are going full force trying to keep up. Then next you have to build more schools and then more jails , never ending circle . Big overseas tire maker like HANCOK or something building big time is the last big one coming.
 

Umm you do know that Baretta is an Italian company?

Subsidiaries
Beretta USA was founded in 1977 and based in Accokeek, Maryland which manufactures military, police, and civilian pistols.[6] In May 2013 the company announced that, despite disagreements with the State of Maryland over recently enacted changes to MD gun control laws, it would not relocate its Accokeek facility.[7] The facility employs around 400 workers


Hmm since 1977?
 
(quoted from post at 17:25:21 08/28/14) I'll tell you what,say what you will about jobs going overseas,but the fact is,everybody's going to Kentucky and Tennessee.

come on down we have a theme park showing that dinosaurs and humans co-existed.
 
Not according to the news a couple of weeks ago-
They're headed to Tennessee and Virginia. Gubner
O'Muttley has made them mad with some of his firearm
regs and taxes that made it difficult to make them
here and transfer the ordnance. And he wants to run
for Pres next election.....
 
Yes, Beretta is an Italian based company. However if you'll take a minute and read the article below in Forbes you'll see that the Italian side of Beretta is deeply involved with any and all plans for their company, be it he US arm, or the Italian arm.

Basically what it all comes down to, as the article states, Beretta doesn't play around. When they move somewhere they pick the place based on the benefits of the area, and plan to stay a long time. Not something that should surprise you given that they have been in business since the 1500's. In this case they told the Maryland politicians that if they did anything to go against the Second Amendment they would move. I guess the politicians thought they were bluffing, but it seems they weren't, at least to a degree. I say that because it depends on which article you read as to what's actually happening. One says they are moving everything to Tenn, in another it's said that the Maryland plant will remain open doing certain things, and the Tenn plant will simply be expansion. In any case something that does seem to be a constant in all articles, regardless of which is happening, Maryland is worried about them leaving, along with others in the firearms mfg business. In other words they bit the hand that feeds a lot of their citizens and it will eventually come back to beat them in the tail.....
Beretta moves
 
ground breaking was today some of the "speakers " spoke in Italian or what ever they speak in and had a interpreter for English
 
Money had nothing to do with it?

"Tennessee put on the hard sell, and it was offering up more than rib dinners. The state provided $2.41 million for employee training and $8 million in assistance for construction, plus $1.8 million it had already spent for a new road to the Gallatin industrial park. Gallatin is pitching in with a 10-year deal that includes an 80-percent reduction in local property taxes, plus a "considerable" but unspecified amount of assistance to buy the land, according to the Journal."

Read more: http://www.baltimoresun.com/news/opinion/editorial/bs-ed-beretta-20140723,0,7242374.story#ixzz3BjuY6PZA
 
You could say money will always have a factor in any business decision. That said, if you look at the way those that make either firearms or accessories for them are making an Exodus out of the states that have enacted draconian gun laws, you'd know it was more a matter of principle rather than a money making decision. Most companies, like Beretta, Magpul, Ruger, and others had plants in the various states for a lot of years. Heck Beretta was in Maryland for around 35 years, it's not like they were state hopping, looking for a better deal during that time. They even told the politicians that if the laws were enacted they would move, and they did.....It's as simple as that.

Beyond that, what the states have done by offering incentives to get businesses to move to them is no different than any of the pro ball teams do when they are recruiting new players. So, is it OK when an athlete accepts incentives to go somewhere, but it's not when a business does it? In both cases the result to the body offering the incentive, is an increase in revenue due to the introduction of the 'new party' into the mix. In the case of a business, there may be tax incentives for the business, but that is usually more than offset by the extra revenue brought into the state by the employees who now have money, as well as the revenue brought about as a result of day to day business.
 

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