News - Local
Colorado company leaving over new gun magazine law
Posted: Mar 21, 2013 8:58 AM by Patricia Collier
Updated: Mar 21, 2013 9:00 AM
ERIE, Colo. (AP) - A Colorado ammunition magazine manufacturer is making good on a threat to leave the state after lawmakers approved new gun laws.
Magpul Industries says it plans to begin packing up as soon as possible for a move to several other states. A search is under way to find new locations.
According to the Denver Post, Magpul chief operating officer Doug Smith said Wednesday a bill signed by Gov. John Hickenlooper that prohibits the sale of gun magazines with more than 15 rounds could seriously impact the company's business.
Magpul is based in Erie, which is about 30 miles north of Denver. It has about 200 workers and is the largest Colorado company that potentially would be affected by the bill, one of three state gun measures passed this year.
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