MANCHESTER, N.H. — A New Hampshire firearms manufacturer that employs 1,400 people is expanding to Arkansas where electric power is less than half the cost.
Sig Sauer Facilities Director Jeff Chierepko said the company, with U.S. headquarters in Newington, had hoped to expand in New Hampshire, but less expensive power in Arkansas would save the company about $1 million a year.
WMUR-TV reported Chierepko made the comments during a taping of NH Business with Fred Kocher. Chierepko said business has to do what it has to do to remain competitive.
Sig Sauer is also facing a problem finding skilled workers in the state. Sig Sauer produces small arms, ammunition and related products.
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