Gun company Beretta USA will build a new manufacturing facility in Sumner County, bringing 300 jobs to the region, Tennessee Governor Bill Haslam announced in a Capitol Hill news conference Wednesday morning.
The plant will be built in the Gallatin Industrial Center and represent a $45 million investment.
"I want to thank the Beretta family for their substantial investment in Tennessee and the 300 jobs they'll create in Sumner County," Haslam said in a release and before a Capitol room crowded with state lawmakers that even included a member of the Beretta family.
"One of the critical points was to find the right place with the right people," said executive vice-president Franco Gussali Beretta, who called a fifteenth generation member of the family that makes the famous firearms.
Beretta began operations in Italy in 1526 and now supplies quality sporting and self-defense firearms to consumers worldwide.
The company manufactures the U.S. Armed Forces M-9 pistol, which has been the standard sidearm of U.S. soldiers since 1985.
Construction on the facility is expected to be completed this year with the company ready for production by the second quarter of next year.
Gallatin Mayor Jo Ann Graves told News 2 that Beretta's move to the city's industrial park east of town will spur other similar investments.
"We think there will be more jobs, having an anchor out here in our industrial park helps us recruit other industries to come out here," said the mayor.
Along with the promise to build the firearms facility that will include a research and development center, there will be some unspecified government incentives.
"The incentives have not been finalized yet and as soon as the contracts are complete we will be able to give you all the information," said state economic and development commissioner Bill Hagerty.