A Firearms Manufacturing is Moving to Wyoming from California
Friday, January 26, 2018
When firearms manufacturer Weatherby, Inc., was looking for a new home, they searched for a state that was business-friendly and had low taxes. Wyoming hit the mark. In addition, Wyoming is an excellent cultural fit for a company who has built a reputation for manufacturing top-of-the-line products. “Our product is the main tool hunters use out in field. They may spend a lifetime trying to draw a tag or save for the hunt of their dreams, and we keep that foremost in our minds when we are building our guns,” Weatherby said. “This is an aspiration product; these are guns that are passed down from generation to generation.”
“We wanted a place where we could retain a great workforce, and where our employees could live an outdoor lifestyle,” said Adam Weatherby, chief executive officer. “We wanted to move to a state where we can grow into our brand. Wyoming means new opportunities. We are not interested in maintaining; we are growing.”
Wyoming is the Place for Outdoor Recreation and Big Game Hunting in the U.S.
Outdoor recreation is an economic driver in Wyoming, and manufacturing plays a vital role in any economy, according to Shawn Reese, chief executive officer of the Wyoming Business Council.
“So, to bring those two things together – an internationally-known manufacturer of outdoor equipment headquartered in Wyoming – it will pay dividends, not only to Sheridan and northeast Wyoming, but this is a project of which the entire state should be proud,” Reese said.
Leaders throughout Wyoming went to work recruiting Weatherby to the state. “I thank the Wyoming Business Council, the Sheridan Economic and Education Development Authority, and all who helped bring Weatherby, Inc. to Wyoming. Wyoming is a great place to do business and is excited to welcome Weatherby to Sheridan,” Governor Mead said. “For over 70 years, Weatherby has been an innovator in firearms design and manufacturing. The company will add to our manufacturing base and fit well with our diversification objectives.”
Weatherby called Mead’s enthusiastic support and accessibility a major asset for a company operating in a highly-regulated industry. “From the get go, when we met the governor, he said, ‘Here’s my number, shoot me a text any time,’” Weatherby said. “He responds to our needs quickly, and it shows a business like ours is important to Wyoming and that it’s a big deal here.”
Weatherby said. “Sheridan College, which is growing its manufacturing and machine tool program, was also a deciding factor.” Sheridan College President Dr. Paul Young called Weatherby’s recruitment an example of the work it will take to diversify Wyoming’s economy. “This is the direct result of years and years of visioning, planning and strategically investing in the things that matter for the future of our region,” Young said. “With the help of Whitney Benefits and others, we have been strengthening and growing our technical programs for this very reason, and we will continue to provide opportunities for students to learn valuable skills to secure a solid future.”
Looking to the Future
They are relocating from California to Sheridan, moving both their manufacturing operations and corporate headquarters.Weatherby will invest an estimated $2 million in relocation expenses and cover all capital investment in the building and lot over the life of the 20-year lease, which is expected to be well over $4 million. The move is expected to create 70 to 90 jobs and more than $5 million annually in payroll in the next five years.
“We’re extremely excited to have this internationally recognized company choose Sheridan as their new corporate headquarters,” Sheridan Mayor Roger Miller said. “This relocation will translate to more skilled manufacturing jobs, an increased tax base and important economic diversification for our community and the region.”
The full story can be read here.