Cody breaks ground for gun manufacturer
Ground was broken in Cody, Wyoming Tuesday for a new Gunwerks facility.
The building will house the company’s high-precision, long-range shooting systems, including rifle, optics, rangefinder, and ammunition components. It will also include retail and warehouse space and a test shooting tunnel. By 2025, Gunwerks has committed to create more than 50 high-paying jobs and purchase more than $5 million in equipment. The building should be complete by February 1, 2020.
” The most significant impact of this project is getting us the necessary space available to expand, ” said Aaron Davidson, the CEO of Gunwerks . ” In the past three years, in our current facility in Cody, we’ve been able to add three significant product lines. In order to grow those product lines, we need to be better able to vertically integrate our rifle manufacturing, and this new space will allow that room to grow. ”
Last fall, the Wyoming Business Council awarded the city of Cody a $6 million grant and loan package to build the structure on a five-acre site. It will be deeded to Forward Cody, a local economic development group, which will then lease it to Gunwerks . Lease payments will be used to fund future economic development projects.
” We’re excited after a long planning process to be on the cusp of building something that has been a priority target for Forward Cody for many years, ” said James Klessens , the CEO of Forward Cody. ” We’re excited to get this project in the ground and for the benefits it will bring to the Cody community. ”
