RELEASE: MAGPUL INDUSTRIES ANNOUNCES IT WILL LEAVE COLORADO IF GUN BILL
MOVE WOULD COST STATE 600 JOBS, $85 MILLION
Colorado – February 15th, 2013 - Magpul Industries, an Erie, Colorado, based
manufacturer of firearms accessories, announced today that it will be forced to
leave the state if House Bill 1224, which would ban standard capacity magazines,
becomes law. The announcement was made to Governor Hickenlooper, state
legislators, members of the media, and in a full-page advertisement to appear in
the Denver Post on Sunday.
Richard Fitzpatrick, Founder, President, and
CEO of Magpul Industries, said that regardless of any amendments that may be
worked into the bill, he will no longer be able to continue to do business in
Colorado if his core product is made illegal.
“Our company could not, in
good conscience, continue to manufacture our products in a state where
law-abiding citizens are prohibited from purchasing and owning them. ”
Fitzpatrick said. “The passage of this bill will do nothing to enhance public
safety, but will force us to immediately begin taking our business to another
A proponent of the bill argued that with the amendment language,
the choice to stay or leave was up to Magpul. Fitzpatrick responded, "Our
relationship with our customers across the country would be severely damaged if
this bill passes and we stay. We've already heard word of potential boycotts if
that happens. They (legislators) really need to understand that our customer
base is as passionate about freedoms as we are, and staying here if this bill
passes would cripple the company. Make no doubt about it...we have no choice,
and would be forced to leave in order to save the business."
the example of the Eastern Sports and Outdoors Show, which was canceled earlier
this year after the organizers announced that it would not permit a popular
category of firearm, like the ones Magpul makes accessories for, in the show.
Public outcry from the customer base forced exhibitors to withdraw from
participation, causing the cancellation of the show, and an estimated loss of
$70 million of show revenue for hotels, restaurants, merchants, and other
businesses in Pennsylvania, where the show was to be held.
Industries directly employs 200 people, supports another 400 supply-chain jobs,
and contributes over $85 million annually to Colorado’s economy. Doug Smith,
Chief Operating Officer for Magpul, says that it is a difficult position to be
in. "We could choose to stay in a state that wants our jobs and revenue, but not
our products, and lose half the jobs we are fighting to save, or potentially the
entire business, when our customers stop buying. Or, we can take the company and
those 600 jobs out of Colorado to continue our growth and the growth of American
manufacturing in a state that shares our values. This is not really a choice.
It's an unfortunate and inevitable result of the actions of the Legislature if
this bill passes."
Magpul was started over a decade ago by Fitzpatrick, a
former U.S. Marine. It has become one of Colorado’s fastest growing businesses,
successfully marketing its products to American and allied military forces,
police departments, sporting goods stores, and thousands of responsible private
citizens. Fitzpatrick says that the rich western culture and strong values of
individual freedom and responsibility, traditionally found in Colorado, were one
of the reasons the company chose to remain in the state.
heartbreaking to me, my employees, and their families, to think that we will be
forced to leave,” Fitzpatrick said. “But if HB13-1224 passes, we will simply
have no choice.”