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Podcast: IEN Radio
Episode: Firearms Manufacturer Abandons Plans for Florida Facility
Description: In June 2021, firearms maker Dark Storm Industries announced plans to relocate manufacturing from New York to Titusville, Florida. The company intended to build a new 25,000-square-foot headquarters and manufacturing plant in the Sunshine State, foreseeing a capital investment of approximately $3.2 million and 87 new jobs.However, Florida Today has reported that the company, which caters specifically to the AR platform modern sporting rifles, elected not to build a new facility and, as a result, will lose over $1 million in financial incentives.The report cited a 300% increase in the facility’s co...