Magpul posted this update regarding the status of their move from Colorado following the passage of a slew of anti-firearms legislation including a new law that makes their flagship product, the 30 round PMAG illegal. Although it’s an update, they reveal no details. Very well played. There may be a future in politics for you after all, Magpul.
We’d like to thank the tens of thousands of visitors to our booth at the NRA show as well as the numerous posters here on our FB page for your support and for the generous invitations to relocate to your home states. While at the NRA show, we had the opportunity to speak with representatives from various gun-friendly states, including the Governor of Texas and his staff. We have some additional visits and meetings that will be taking place in the near future with the short list of remaining potential locations. Numerous preparations for executing the move while minimizing disruptions to production are already underway. As mentioned previously, we have already started moving some of our production out of CO. There are many factors at work in our decisions, including business climate, tax structure, legislative environment, regulatory burdens, culture, workforce, etc., and any decision that did not consider all these areas carefully would not only be ill-advised, but irresponsible to our employees, our customers, and the brand. We are eager to make more specific announcements as soon as we can responsibly do so without sabotaging our ongoing efforts and negotiations, and we appreciate your support and understanding until then.
