Gun maker Smith & Wesson Brands Inc. is moving its corporate headquarters from Massachusetts to Tennessee, joining other firearms manufacturers that have moved from the mid-Atlantic and Northeast to Southern states with less restrictive gun laws.

The company will invest more than $125 million to relocate its headquarters and some operations from Springfield, Mass., where it has been based for generations, to Blount County, Tenn., near Knoxville. It will create 750 jobs in the area, according to the Tennessee Department of Economic & Community Development.

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