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Knoxville News Sentinel
A gun manufacturer that had pledged to invest $22.5 million in East Tennessee is pulling out of the region and returning the land it received as economic incentive.
Though it never built its planned headquarters in Maryville, SCCY Firearms (pronounced “sky”) will close its leased manufacturing facility in Maryville by the end of October and move all operations back to Daytona Beach, Florida, CEO Joe Roebuck told The Daytona Beach News-Journal, part of the USA TODAY Network.
Roebuck said he informed Tennessee officials last week that he was scrapping plans for a nine-building campus in Blount County.
Instead, he’ll retain headquarters in Daytona Beach and open a second plant there. SCCY manufactures semi-automatic pistols.
Joe Roebuck, founder and CEO of handgun maker SCCY Industries, announced