Magpul Relocation to Cost Colorado Over 200 Jobs and $80 Million in Revenue

Yesterday, Magpul Industries formally announced it would be moving out of Colorado, relocating its manufacturing to Cheyenne, Wyoming, and its headquarters to Texas. The Erie-based magazine manufacturer stated its move was a direct result of the controversial law, passed in 2013, which banned magazines of more than 15 rounds.

Cadman_22.jpgThe relocation of the company and resulting job loss directly impacts district 63 in Colorado, currently represented by Lori Saine of Firestone.

“The magazine ban did not garner one Republican vote in the House or Senate, and now as a result of this one-sided, Democrat sponsored law, more than 200 people will lose their jobs and their ability to provide for their families. Additionally, the move will cost the state of Colorado over $80 million dollars a year in revenue,” said Saine (R-Firestone). “I am saddened to see this completely partisan law, widely considered unenforceable by sheriffs across Colorado, cause Magpul to leave our state and take with it so many good jobs from this area.” 

Senator Bill Cadman (R-Colorado Springs), the Senate Minority Leader, released the following statement: 

“Democrats got what they wished for yesterday when Magpul Industries announced it would be leaving Colorado and taking over 200 jobs with them. It’s unfortunate that Democrats willingly chased a quality business like Magpul Industries out of Colorado for no reason other than petty politics. It’s even more unfortunate for the over 200 Coloradans who will be losing their jobs and falling behind on their bills as a direct result of irresponsible legislation from Democrats in Denver.”

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