Magpul Finalizes Deal to Setup Their New Corporate HQ in Austin, Texas
It looks like Magpul has locked up the real estate for their new corporate headquarters in Austin, Texas.
As we previously reported, Magpul plans on completing their move out of Colorado by the end of the first quarter of 2015.
According to the The Statesman:
One of the country’s largest producers of ammunition magazines for guns has chosen Austin for its corporate headquarters, the company said.
Magpul Industries Corp., formerly based in Erie, Colo., said its new corporate headquarters will be at 8226 Bee Caves Road in Austin. The company said it closed on the new facility in November.
Magpul said it also has moved its production, distribution and shipping operations to Cheyenne, Wyo., where a manufacturing and distribution center is scheduled to open in January.
Magpul officials had announced in January that they planned to move their operations out of Colorado because of new state laws that include restrictions on how many cartridges a magazine can hold. Texas Gov. Rick Perry’s office had reached out to Magpul, to encourage the company to relocate to Texas.
Magpul is moving out of Colorado due to the fact that the state passed strict universal background check and magazine capacity laws in 2013. The company promised legislators that they would move their multi-million dollar operation as well as dozens of jobs out of state if the legislation passed. They are now making good on that promise.