All articles tagged with #firearm industry
Citigroup has ended its seven-year-old policy restricting banking services to firearm manufacturers and sellers, citing changes in societal and business practices, and emphasizing non-discrimination policies. The move has drawn criticism from gun-control advocates, while broader political debates around 'debanking' and political discrimination in banking continue.
Firearm manufacturer Smith & Wesson has officially relocated its headquarters from Massachusetts to Tennessee, receiving praise from the NRA. The move is seen as a testament to the company's commitment to the firearm industry and Second Amendment rights. Smith & Wesson held a ribbon-cutting ceremony at its new headquarters, which spans 650,000 square feet. The relocation was facilitated by Tennessee's favorable gun laws and the company's collaboration with local leaders. The new facility will also feature a museum and retail store in the future.