1. Smith & Wesson closing Springfield distribution center, warehouse in favor of new Missouri facility

    Smith & Wesson closing Springfield distribution center, warehouse in favor of new Missouri facility

    American Outdoor Brands Corp., parent company of Springfield stalwart Smith & Wesson, will close its distribution operations here and elsewhere around the country as it opens a new $75-million warehouse near Columbia, Missouri, this year.Executives at the publicly-traded AOBC touted the cost savings and efficiencies associated with consolidating into its new 600,000-square-foot Missouri warehouse in a conference call with analysts last week.

    Read Full Article

    Login to comment.

  1. Categories

    1. Industry Clusters:

      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Quotes

    1. The benefit occurs to us at the Logistics facility, since it will now have nexus with our customers, and it will be less impacted by taxes when those products (upon which Smith & Wesson has already paid taxes in Massachusetts) are then sent to higher tax-rate states.
  3. Topics Mentioned

  4. Authors