Weatherby to Wyoming — California Loses Another Business
Weatherby Inc., a major name in the rifle business, is abandoning California, leaving the Golden State for friendlier climes in Wyoming. Based in Paso Robles, CA for many decades, Weatherby announced last week that it will relocate its production facilities and headquarters to Sheridan, Wyoming. The respected rifle manufacturer, founded in 1945, was welcomed by Wyoming state officials. In fact Wyoming Governor Matt Mead was present for Weatherby’s announcement, made at Shot Show 2018. By contrast, California’s state leaders, given their anti-gun bias, are no doubt happy to see Weatherby leave. The Democratic Party now controls both houses of California’s State Legislature, as well as the Governor’s office. Weatherby’s departure is just the latest exodus of a major firearms industry company from California. In the past year, Berger Bullets, now part of Capstone Precision Group, relocated from Southern California to Arizona.
“We wanted a place where we could retain a great workforce, and where our employees could live an outdoor lifestyle”, said Adam Weatherby, Chief Executive Officer. “We wanted to move to a state where we can grow into our brand. Wyoming means new opportunities. We are not interested in [just] maintaining — we are growing.”
Weatherby Leaves Hostile Political Environment
Is Weatherby’s Wyoming move all about dollars and cents? Not entirely. California has become increasingly hostile to firearms manufacturers. TheFireamRack.com’s Dan Zimmerman observes: “[Weatherby] wanted to do business in a state that isn’t at war with the very products they make. A state that respects the Second Amendment and won’t try to claw back every single cent it can wring out of businesses located there. So Weatherby made the entirely rational choice to take their company to a place that values what they do.”
The Wyoming Business Council heralded Weatherby’s relocation: “The move is expected to create 70 to 90 jobs and more than $5 million annually in payroll in the next five years.” Recognizing the benefits to Wyoming, Governor Matt Mead and the Business Council began recruiting Weatherby a year ago. Governor Mead declared: “Wyoming is a great place to do business and is excited to welcome Weatherby to Sheridan. For over 70 years, Weatherby has been an innovator in firearms design and manufacturing. The company will add to our manufacturing base and fit well with our diversification objectives.”
Weatherby will locate its new production facility in Sheridan, Wyoming. Sheridan is a beautiful location in Northern Wyoming, a verdant plain with mountains to the West. Sheridan has just under 18,000 residents. But there will be another 100 or so soon. Local County10 News reports: “Sources shared with County 10 that Weatherby, located in California since the mid 1940s, has been considering locating in a state with a more favorable pro-firearms industry culture and citing a frustration with California’s tax structure.”
Top Five Reasons Firearms Businesses Leave California
1. High California Taxes. California’s Corporate Tax Rate is 8.84% — among the highest in the nation. Wyoming, by contrast, has ZERO state corporate taxes. California Sales Tax starts at 8% while Wyoming Sales Tax ranges from 4-6%. California was ranked 48th overall (third worst) in Tax Climate by the Tax Foundation. Wyoming was rated Number One Overall (best). This ranking considers corporate tax, personal income tax, sales tax, and property tax.
2. High Cost of Living in California (all factors). It is expensive to live in California. One Cost-of-Living index rated Paso Robles, CA 144.5 compared to 101.8 for Sheridan, Wyoming (higher is worse). Another Cost of Living Calculator states that, including housing, Paso Robles, CA is 41.9% more expensive than Sheridan, WY. Ironically, howevever, median income in the two cities is not that different: $28,358.00 for Paso Robles (CA) vs. $26,491.00 for Sheridan (WY). Money definitely goes farther in Wyoming. In terms of buying power, one study suggests a $35,535/year salary in Sheridan, WY equates to a $50,000/year salary in Paso Robles, CA.
3. Bad Roads and Infrastructure in California. Among all states, California has the fourth worst roads in the country with 50% of roads in “poor condition”. In fact, the Los Angeles Regional area road system has been deemed the worst in the nation according to a Federal Highway Administration Report. By contrast, Wyoming’s highway system was ranked number one, best in the USA, in the 21st Annual Reason.org Highway Report. And this was despite the fact that state gas taxes per gallon are much less in Wyoming than in California*. California’s roads and infrastructure are only going to get worse as the population grows.
4. Anti-Business California State Government. California is now a one-party state, with the Democratic Party controlling the State Senate, State Assembly, AND the Governor’s office. This has created an anti-business governmental culture, with a left-leaning bias. California also has many more business regulations, and more restrictive gun and ammo laws. The situation is unlikely to change because there is undeniable evidence of massive voter fraud in California which favors Democratic candidates. For example, in Los Angeles County “the total number of registered voters now stands at a number that is a whopping 144% of the total number of resident citizens of voting age”, according to Judicial Watch. 10 other California counties have significantly more registered voters than voting-age citizens. (SOURCE: Judicial Watch Report.)
5. Out-of-Control California Housing Costs. Coastal counties in California have some of the highest average home prices in the country. The median home price in Paso Robles, CA is $486,100. By contrast, the median home price in Sheridan, WY is $217,100 — well under HALF the California price! And rental housing is cheaper in Wyoming too. Median Rent in Paso Robles, CA is $2150.00 per month, while Median Rent in Sheridan, WY is $1250.00 per month.
* All five of the top-ranked states for highway system performance (Wyoming, Nebraska, South Dakota, South Carolina and Kansas) have state gasoline taxes at or below the national average. Source:
Los Angeles Times.
