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Maverick Arms to expand, invest $3.4 million

Staff writer ▼ | June 28, 2014
Texas Enterprise Fund (TEF) invested $300,000 for Maverick Arms, Inc., a firearms company specializing in shotguns.
Maverick Arms
Maverick ArmsTexas Enterprise Fund (TEF) invested $300,000 for Maverick Arms, Inc., a firearms company specializing in shotguns.


The company has announced plans to expand its Eagle Pass manufacturing facility, creating 50 new jobs and $3.4 million in capital investment.

"Last month's outstanding jobs gains are further proof that Texas continues to be a national leader in job creation for employers of all sizes and across all industries," Governor Rick Perry said.

"This TEF investment in Maverick Arms will help create jobs and opportunity in Eagle Pass, while reaffirming Texas' longstanding support of the Second Amendment."

Maverick Arms is a subsidiary of Mossberg Corp., the largest pump-action shotgun producer in the world, as well as the oldest family-owned firearm maker in America. The Eagle Pass facility currently assembles and distributes firearms for the Mossberg, Maverick and Mossberg International brands. This expansion will consolidate barrel production to the Eagle Pass facility.

"Investing in Texas was an easy decision. It's a state that is not only committed to economic growth but also honors and respects the 2nd Amendment and the firearm freedoms it guarantees for our customers," Mossberg CEO Iver Mossberg said.


 

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