Texas Investing $300,000 to Help Gun Manufacturer Expand, Create Jobs
On June 27 the office of Texas Governor Rick Perry (R) announced a Texas Enterprise Fund (TEF) investment of $300,000 for shotgun maker Maverick Arms.
The TEF investment will be added to Maverick Arms own "$3.4 million in capital investment" to expand their Eagle Pass, TX, manufacturing facility.
According to Perry's office, Governor Perry said "[the] TEF investment in Maverick Arms will help create jobs and opportunity in Eagle Pass, while reaffirming Texas' longstanding support of the Second Amendment."
"Maverick Arms is a subsidiary of Mossberg Corp.," which is "the oldest family-owned firearm maker in America."
Mossberg CEO Iver Mossberg commented on the Texas expansion: "Investing in Texas was an easy decision. It's a state that's not only committed to economic growth but also honors and respects the 2nd Amendment and the firearm freedoms it guarantees to our customers."
The expansion will create 50 new jobs at the manufacturing facility on Eagle Pass.
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