Colt Manufacturing is considering leaving its Connecticut manufacturing plant, following the announcement of a slew of gun-control proposals that has put the company's employees "in the cross-hairs," CEO Dennis Veilleux told Fox News.
Colt, which has produced firearms in Hartford for 175 years, is considering the move because of the pro-gun-control climate created following the Sandy Hook Elementary School shooting in Newtown in December.
Proposed laws being debated by the Legislature and pushed by Gov. Dannel Malloy include a new gun offender registry, an expanded assault weapons ban, ammunition restrictions and a ban on bulk purchases of handguns.
The firearms industry contributes $1.7 billion annually to Connecticut's economy.
Earlier this week, Magpul said it will consider leaving Colorado following the passage of three gun-control laws.