Lose their jobs because of the Erie closure
Magpul Industries said Wednesday that it will complete its exit from Colorado by the first quarter of 2015.
The ammunition-magazine maker, which was based in Erie, talked about leaving the state after Colorado strengthened its gun-control laws in 2013. About 100 employees were notified in October that they would lose their jobs because of the Erie closure.
Magpul is nearly doubling its square footage in the move. This month, it opened its Austin, Texas, headquarters in a 15,990-square-foot building. Manufacturing and distribution moves to Cheyenne, where a 185,000-square-foot facility opens Jan. 12.
The company will vacate its 100,000-square-foot Erie facility but plans to keep a Colorado office for regional support. The location has not been determined.
"The company right now is moving ahead and looking forward to growing and expanding their business in Texas and Wyoming," said Jon Anderson, a partner at Holland & Hart who serves as Magpul's outside counsel.
Magpul, which was founded in 1999, threatened to leave Colorado last year after Gov. John Hickenlooper signed a gun-control bill prohibiting the sale of gun magazines that hold more than 15 rounds.