SIG SAUER is making a bit more noise in the news about the expansion out of the Northeast we mentioned earlier this year. The Newington, New Hampshire based firearms, ammunition, and accessories company is building a 70,000-square-foot manufacturing facility in Jacksonville, Arkansas.
The director of facilities for SIG SAUER, Jeff Chierepko, told WMUR’s Fred Kocher that New Hampshire was the first choice for any SIG SAUER expansion, but that energy costs made the Jacksonville, Arkansas area a much more economical choice for the firearms company.
In New Hampshire power reportedly costs around 12.33 cents per kilowatt hour, while in Arkansas SIG SAUER expects to pay 5.5 cents per kilowatt hour. Jeff Chierepko puts the power savings at over one million dollars every year. Those are the kinds of operating costs that lead companies to move to friendlier economic regions.
It is also being reported that SIG SAUER also has issues with finding good workers for it’s New Hampshire facilities. SIG SAUER employs about 1400 people in the Granite State, but despite their community college training program and other recruiting efforts, there are still over 200 jobs in New Hampshire that are sitting vacant right now.
You can read all about it, and see the video, here at WMUR.com.