Baretta leaving Maryland because of new restrictive gun laws...

Over 400 jobs and  $31 million in taxes will go to a more gun friendly state...

New legislation is forcing gun manufacturing company Beretta to uproot and take their business elsewhere.

Established in 1526, Beretta holds the distinction of being the oldest active firearms manufacturer in the world. The U.S. factory is located in Accokeek, Maryland, and has been a staple of the local economy for years.

Beretta warned that stricter gun control laws would push the company outside of state lines, but that didn’t stop Maryland legislators. Jeffrey Reh, a spokesman for Beretta who also serves as the President of Stoeger Industries under Beretta, announced that the company would begrudgingly uproot and take its business elsewhere. He said, “We don’t want to do this, we’re not willing to do this, but obviously this legislation has caused us a serious level of concern within our company.”

He added that Beretta paid approximately $31 million in taxes, employs 400 people, and had invested $73 million in the business over the past several decades. Despite being such a prominent player in the local economy, Beretta was unable to prevent legislators from passing tighter gun control laws. Ironically, Beretta manufactures some firearms that are now banned in Maryland.

Consequences: Gun manufacturer Beretta may leave Maryland over gun laws...

Texas is gun friendly...

Via WaPo:

On the production floor of Beretta USA sits a hulking new barrel-making machine ready to churn out the next object of obsession in America’s love-hate relationship with guns: a civilian version of a machine gun designed for special operations forces and popularized in the video game Call of Duty.

Beretta, the nearly 500-year-old family-owned company that made one of James Bond’s firearms, has already invested more than $1 million in the machine and has planned to expand its plant further in Prince George’s County to ramp up production.

But under an assault-weapons ban that advanced late last week in the Maryland General Assembly, experts say the gun would be illegal in the state where it is produced.

Now Beretta is weighing whether the rifle line, and perhaps the company itself, should stay in a place increasingly hostile toward its products. Its iconic 9mm pistol — carried by every U.S. soldier and scores of police departments — would also be banned with its high capacity, 13-bullet magazine.

“Why expand in a place where the people who built the gun couldn’t buy it?” said Jeffrey Reh, general counsel for Beretta.

Concern that the company will leave, and take its 300 jobs with it, is palpable among state lawmakers who worry it could be collateral damage from Gov. Martin O’Malley’s proposed gun-control bill.