October 16, 2013 – Myrtle Beach, S.C. – Ithaca Gun Company, an Ohio-based firearms manufacturer announced today their decision to expand their manufacturing operations to the Myrtle Beach area. Since 1883, Ithaca has been an American leader in the development and manufacturing of premiere multiple gauge shotguns and the venerable Model 1911 pistol. The company's current ownership has made additional advances in world-class quality and state-of-the-art gun manufacturing.
The project will consist of a capital investment of approximately $6.7 million dollars plus the creation of 120 new high-skilled jobs. These high skilled jobs will include machine operators, gunsmiths, engineers and assemblers that will earn wages significantly higher than the Horry County average wage.
Ithaca will construct a new 20,000 square foot facility at Horry County's Cool Springs Business Park located near Aynor, S.C. Their new facility will be located adjacent to the new manufacturing headquarters of PTR Industries allowing for two of the nation's most respected firearms manufacturers to operate in the same business park.
At this new facility, the company will focus on the rollout of a new over-and-under shotgun, their historic single barrel trap shotgun that already has significant U.S. market demand, and a complete barrel line.
Factors that contributed to the company's site selection included the quantity and quality of the Myrtle Beach regional labor force, proximity to technical colleges in Conway and Florence, plus South Carolina's pro 2nd Amendment culture and the world-class quality of life in the Myrtle Beach area.
In addition to the Myrtle Beach Regional Economic Development Corporation, this project involved close coordination with the staff of the North Eastern Strategic
Alliance (NESA), the staff of the Southeastern Institute of Manufacturing and Technology (SIMT) located in Florence, SC, the South Carolina Department of Commerce, Horry County Council staff and leadership, Santee Cooper, members of the Horry County state delegation, and the staff of Horry-Georgetown Technical College.
Quotes from Company, Federal, State, and Local Officials
Mike Farrell, Ithaca Gun Company COO
"We are delighted to be a part of the growing firearms manufacturing industry in the Myrtle Beach area, and we extend our thanks to all the parties that helped us with this decision. We look forward to being under production in 2014 and being a part of the Horry County and South Carolina community."
U.S. Congressman Tom Rice
"I continue to be amazed at the accomplishments of the Myrtle Beach Regional EDC's staff, board and team. I also can't think of a finer company in America or a better fit for the Seventh Congressional District than the Ithaca Gun Company. Congratulations to everyone involved in bringing another great manufacturing win to Horry County."
Chairman of NESA and South Carolina State Senator Yancey McGill
"Today's Ithaca Gun Company expansion signifies the great environment present in not only the NESA region, but in South Carolina as a whole." I'd like to thank Ithaca Gun Company, Horry County, NESA, the Myrtle Beach Regional Economic Development Corporation, the Southeastern Institute of Manufacturing and the South Carolina Department of Commerce for their resolute determination in pursuing this project and making the creation of 120 jobs and $6.5 million in investment possible. When you have businesses with the notoriety of Ithaca Gun Company expanding in our area, it says a lot about the business climate of our region and certainly shows we're headed in the right direction."
South Carolina State Representative Mike Ryhal
"This was a tremendous effort by the EDC and adds another solid employer to Horry County. I had the opportunity to visit Ithaca at their current manufacturing location in Sandusky and quickly recognized them as a competitive company committed to delivering a precision made American built product. The addition of 120 jobs will have a ripple effect throughout our area and benefit all of us. I appreciate the opportunity of being involved in this project and commend Brad Lofton and the EDC for their efforts."
Horry County Council Chairman Mark Lazarus
"Today is yet another great day for economic development in Horry County, and I am proud to be a part of the team that helped recruit this great American company to our community. I am anxiously looking forward to seeing them build their legacy shotguns right here on the Grand Strand!"