Magpul Lays Off 85 Employees In Cheyenne
Magpul Industries has laid off 85 workers who had been hired to help the firearms accessories manufacturer in Wyoming handle exceptional demand for its products last year.
Those who lost their jobs are actually employees of an employment staffing service that places temporary, seasonal and full-time employees at Magpul's manufacturing and distribution facility in Cheyenne.
Magpul opened its factory in early 2015.
In 2016, Magpul expanded its Cheyenne operations to meet market demand in the firearms industry. However, demand has since returned to normal.
Even with the layoffs, Magpul still employs 163 workers, well above the 95 employees it had originally envisioned employing by this year.
Magpul was originally located in Erie, Colorado, but moved its manufacturing, distribution and shipping services to Cheyenne after Colorado enacted stricter gun control laws in 2013.
Soon after the company announced it was moving to Cheyenne in early 2014, the Wyoming Business Council recommended a $13 million grant to help with the relocation. The State Loan and Investment Board approved an $8.3 million grant in September 2014.