Firearms Company Relocating To North Texas

http://dfw.cbslocal.com/ ^ | April 8, 2013 | Jason Allen And Brian New

[Biggirl]

BRECKENRIDGE (CBS 11 NEWS) – A firearms company that makes AR-15 style rifles for the iconic brand Colt, will open a plant in Breckenridge in Stephens County. Oregon company Bold Ideas confirmed the development Friday.

[Biggirl]

Video at link.

[laweeks]

Every firearms mfg. should get the hell out of CT!

[Charles Martel]

This one is coming from Oregon, but appears to be affiliated with Colt’s Manufacturing in CT (check out the logo).

[Gaffer]

Outstanding. Colt Competition leaving CT. I hope it hurts their gun grabbing a$$es.

[puppypusher]

I am a citizen of this Failed state of Connecticut and I hope that a lot of these Firearms manufacturing company’s leave Connecticut.

If they think These Liberals in Connecticut are through banning guns they’re mistaken.

All this hypocrite Dan Malloy cares about is taxes coming in.He really doesn’t give a damn that these so called “Assault Weapons” are made here or not.He has F’d up the economy here so badly that he really needs every tax dollar he can get his hands on.

[Biggirl]

Are you surprised that Barak H. Obama is coming or is in CT, at the University of Hartford today? I am not. No doubt Obama wants to copy what CT did nationwide. I do not think so.

[LouAvul]

Somebody should inform this company that once the wetbacks get legalized, Texas is going blue. And then it’s going to start all over again.

[LouAvul]

I hope that a lot of these Firearms manufacturing company’s leave Connecticut.

I wish all of Connecticut's conservatives could leave that forsaken state. If the true conservatives from such sewers as kalifornistan, Connecticut, et al, would move to purple states, or even small blue states, we could possibly salvage what appears to be a very bleak future. As it is, the fags and liberals are the only ones doing the moving.

[Deagle]

Nothing new here...So many companies are relocating to Texas that the News can not keep up...heh.

[vetvetdoug]

The Buckaroos will take good care of this company, unlike Connecticut. Breckenridge is a nice place.

[radioone]

Breckenridge and Stephens County have several effective tools available as incentives for area economic development. Incentives are typically based on primary job creation and may vary on a case-by-case basis. We are also aggressively pursuing quality of life improving businesses and essential services such as day care, etc.

Economic Development Sales Tax
The citizens of Breckenridge recently voted overwhelmingly to pass a half-cent 4B sales tax to be used for industry, manufacturing, and business attraction and retention, to help provide affordable housing, and to address other quality of life issues. A city appointed board of seven community leaders head the Breckenridge Economic Development Corporation. Breckenridge has had a half-cent 4A economic development tax since 1990. The new 4B gives the Breckenridge EDC much more flexibility in providing funding for needed projects.

Reinvestment Zones
The City of Breckenridge is capable of providing reinvestment zones for the purpose of tax abatements, tax increment financing and public improvement districts.

Enterprise Zone
Breckenridge has established the entire city as an Enterprise Zone. Qualifying businesses may receive a refund of state sales and use tax paid on equipment, machinery, and building materials purchased for use in the Zone based on the levels of job creation and capital investment.

Tax Increment Financing
The City of Breckenridge will consider using Tax increment Financing of needed public improvements in a defined area. This form of financing is backed by the tax increment generated by the development.

Property Tax Abatement
The City of Breckenridge and Stephens County will consider providing a property tax abatement on the appraised value of real property improvements and business personal property, to promote and retain high quality development in all areas of the city.

Chapter 380/381 Agreements
This sales tax sharing agreement in the form of a loan or grant is available to promote local economic development and to stimulate business and commercial activity in the city and county.

Triple Freeport Exemption
Various types of goods that are detained in Texas for 175 days or less, and are in Texas only for a limited purpose such as assembly, storage, manufacturing, processing or fabricating are exempt from property tax if considered Freeport property. The City, County and Breckenridge Independent School District will consider this tax exemption.

[lucky freeman]

I hope its true ...They put up the building for sale signs and bring in the trucks and start loading up ...sick and tire of the crap and the cold winters heating bills and property taxes that pay all these corrupt politicians salaries...Mississippi and South Carolina , Alabama, Tennesee and Georgia are much better states to reside in anyways...lower cost to operate bussiness better politicians better workers...not as many baby killing, flag burning, bible burning, constitution shredding, draft dodgeing , medical marrywanna smoking , samesex married sex education teachers ruining the American way of life...

[lucky freeman]

better for the south if SIG ARMS and Berretta and colt and mosberg all move to the south,,lower cost to run the bussiness...basically anywhere from Virginia down is good possible skip over North Carolina.. go right to South Carolina then down out as far as Texas maybe Arizona...all the rest just forget about them...don't need them anyways ..and dont want your tax dollars stuffing thier greedy commi pockets

[Gaffer]

I just ordered 4 each 17 round mags for a 92FS Beretta. UPS shipping says it’s coming out of Virginia....I know that Beretta is in MD, but maybe they moved some of their operation to VA.