Overall the firearms industry employs more than 200,000 people, has an economic impact of over $33 billion each year and provides the federal government with more than $4 billion in excise taxes each year.
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Historically located in Maryland, Beretta USA is expanding its operations to Tennessee where the company will open up a new plant, creating 300 new jobs. Beretta is planning to pour $45 million in investment money into the new plant, which will be built in Gallatin Industrial Park. The company is being welcomed with open arms by Tennessee Governor Bill Haslam.
“Beretta is one of the world’s greatest companies, and their decision to expand into Tennessee speaks to the standards of craftsmanship and quality our state’s workforce embraces every day,” Haslam said in an announcement.