Home » 10 Best States for Business » New York, the 49th Best State for Business, Is Losing Remington to Alabama

New York, the 49th Best State for Business, Is Losing Remington to Alabama

Company spokesman Teddy Novin said Remington is cutting 105 jobs from its workforce in Ilion, N.Y. He said that some, …

Company spokesman Teddy Novin said Remington is cutting 105 jobs from its workforce in Ilion, N.Y. He said that some, but not all, of those jobs are moving to Alabama, but he wouldn’t say how many. Novin cited a consolidation of its production facilities and a softening market for the move.

Remington wouldn’t say whether state laws affected its decision. New York imposes certain restrictions on guns, such as limiting magazines to 10 rounds, that do not occur in other parts of the country.

Among the weapons made by Remington is the Bushmaster, a semiautomatic rifle that accepts 30-round magazines. They are permitted in Alabama, but not in New York.

Read more: <a href=”http://money.cnn.com/2014/08/20/news/companies/remington-jobs/index.html?hpt=hp_bn6&amp;iid=obnetwork”>CNN Money</a>

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