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Firearms Company Relocating To North Texas

by Jason Allen & Brian New
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(credit: KTVT/KTXA) Jason Allen
Jason came to North Texas after working as a reporter for four y...
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BRECKENRIDGE (CBS 11 NEWS) – A firearms company that makes AR-15 style rifles for the iconic brand Colt, will open a plant in Breckenridge in Stephens County. Oregon company Bold Ideas confirmed the development Friday.

Bold Ideas goes by the name Colt Competition, making high accuracy rifles for competition shooting.

The company has not officially announced the opening, but employment applications are already available at the Breckenridge Chamber of Commerce. A non-specific, help wanted ad appeared in the local newspaper classifieds earlier in the week.

Sources say Colt Competition will move into a large vacant industrial space on the north side of town, previously used by Karsten Homes to manufacture mobile homes.

The move by Colt Competition into Breckenridge comes as the CEO of Colt Manufacturing in Connecticut has said there will soon be few good answers to keep his company in the state. Connecticut passed some of the nation’s most restrictive gun laws this week.

It also comes weeks after Governor Rick Perry reportedly sent letters to gun companies, encouraging them to move to Texas. Perry sent a message on Twitter to Colorado company Magpul as recently as March 21, saying “Come on Down to Texas.” The Governor’s office did not confirm Friday if it had sent a recruitment letter to Colt Competition.

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