Colt May Leave Connecticut Due to New State Gun Laws
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Iconic firearms manufacturer Colt, who has made many iconic guns from the Peacemaker in the 1800’s to being one of the foremost manufacturers of AR style rifles in modern times.
According to Fox News, President and CEO Dennis Veilleux said the pro-gun control climate that has taken hold in the wake of the Sandy Hook school massacre and other firearm attacks has left him feeling unwelcome in the state his company has called home for 175 years. Proposed laws being debated by the Legislature and pushed by Gov. Dannel Malloy include a new gun offender registry, an expanded assault weapons ban, ammunition restrictions and a ban on bulk purchases of handguns. Veilleux said those measures have put Colt and its nearly 700 employees in the cross hairs.
“At some point, if you can’t sell your products … then you can’t run your business,” Veilleux told FoxNews.com. “You need customers to buy your products to stay in business.”
Colt could join the ranks of companies like Magpul, who is now preparing to move their entire operation to another state after Colorado passed sweeping gun control measures this week. Magpul makes magazines for semi automatic rifles and accessories for AR style rifles.
Come on Colt, show us something.