Tuesday, June 1, 2010

Gumm: Firearms Manufacturer Picks Coalgate

Senator Jay Paul Gumm announced today that a firearms manufacturer with a payroll of about a million dollars will locate a facility in his district.

LOKI Weapons Systems, Inc. will hold its ribbon cutting ceremony today at 11 a.m. at the old Wrangler plant in Coalgate. Local leaders, including Gumm and Rep. Paul Roan are expected to be in attendance.

Gumm and Roan, who represent Coal County in the Legislature, wrote legislation in 2004 to create the Oklahoma Firearms Manufacturer Recruitment effort. LOKI Weapons Systems, Inc. is one of the first companies to locate in Oklahoma based largely on that recruitment effort.

LOKI produces the Tactical M4 rifle (a version of the AR-15) and soon will begin production on its version of the venerable 1911 .45 caliber pistol.

Following the ribbon cutting, LOKI personnel will conduct plant tours and a weapons demonstration is tentatively planned.

The old Wrangler plant is located east of SH 3 on the south side of Coalgate.

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