Hitting the Bullseye
The Industry at a Glance
- Home to the Duck Hunting Capital of the World: Stuttgart, Arkansas
- 3rd in economic output per capita in the arms and ammunition industry (Source: National Shooting Sports Foundation)
- 3rd Most Gun-Friendly State (Source: Ammo.com)
- 3rd Largest Exporter of Firearms and Ammunitions in the U.S. (Source: Global Trade Atlas, 2023)
- 8 pro-gun bills passed into law during the 2023 legislative session
- $2.3B in economic output
INFRASTRUCTURE
- Three U.S. interstates connecting east and west coasts, and the Canada and Mexico borders
- 16,418 miles of state and U.S. Highways – 12th largest system in the U.S.
- Eight intermodal freight facilities with four riverports
- 2,542 miles of Class 1 rail systems
- #3 in the nation with 1,000 miles of inland, navigable waterways
- Approximately 100 public airports including Clinton National, Northwest Arkansas National, and close proximity to Memphis International and the Fed-Ex hub
Well-trained workforce
- 7th highest percentage of manufacturing employment (Source: Business Facilities)
- 1.36M skilled and trained workforce
- 12% of Arkansas’ workforce is employed in manufacturing
- 8,400+ people employed in the arms and ammunitions industry.
Business Climate in Arkansas
- #3 Least Expensive State for Starting a Small Business (Source: SimplifyLLC)
- #2 on the Cost of Living Index (Source: C2ER)
- 7th highest percentage of manufacturing employment (Source: Business Facilities)
EDUCATION
- 50 colleges, universities & 2-year colleges throughout Arkansas
- 2,100+ engineering degrees awarded each year
- 150k+ students enrolled at an Arkansas institution of higher learning
- Black River Technical College is 1 of only 11 accredited gunsmithing programs in the US – and the only institution connected to a law enforcement training academy.
- Ozarka College's Precision Machining program prepares students for a career in manufacturing, providing them with skills in manual machining and operation of CNC mills and lathes.
Firearms & Ammunition Industry
Executive Overview


Arkansas is Primed for Success
Home to the duck hunting capital of the world and the 3rd most gun-friendly state, Arkansas is the natural choice for firearms and ammunition companies to find success.
Watch MoreFrom the newsroom
After Meeting with Governor Sanders During Her European Trade Mission, Walther Announces $30M Expansion in Fort Smith, Arkansas
76 New Jobs Expected
FORT SMITH, Ark. (January 18, 2024) – Following the company’s meeting with Governor Sarah Huckabee Sanders during her European trade mission this summer, Walther Manufacturing is expanding its presence in Fort Smith, Arkansas, creating an expected 76 new jobs over the next five years. The expansion represents a capital investment of up to $30 million in the region.
"Walther Manufacturing is making a substantial investment in our Fort Smith factory to facilitate the expansion of our research development and manufacturing of U.S.-produced firearms and accessories," said Tom Goike, Walther Manufacturing President and CEO.
Currently, Umarex USA/Walther occupies 185,000 square feet in their facility. The expansion adds over 40,000 square feet to the existing operation, encompassing industry-leading design engineering, product management and manufacturing capabilities. The expansion is expected to begin in the first quarter of 2024.
“Arkansas is proud to be home to Walther U.S. headquarters, both because we love jobs and because we love our Second Amendment. After meeting with the company during my European trade mission this summer, I’m thrilled they’ve decided to double down on their investment and grow their facility here in the Natural State, helping Fort Smith and the entire River Valley grow,” said Governor Sanders.
“Walther is a world-renowned firearms company, and they have been a great corporate partner in Arkansas for the past decade,” said Clint O’Neal, Executive Director of the Arkansas Economic Development Commission. “We are excited to see the company grow in the Natural State, and we look forward to their continued success.”
Walther established its operations in Arkansas in 2012, making Fort Smith its U.S. headquarters. Walther Manufacturing is the fabrication entity which manufactures all U.S. based products for the companies Walther and Umarex USA, utilizing a unique blend of advanced precision technology and authentic human craftsmanship. All three companies share a campus in Fort Smith.
“My connection to Umarex and Walther goes back many years. They are a key fixture in the high-tech manufacturing fabric of the Fort Smith Region and a partner who shares our goal of growing and recruiting a talented workforce,” said Tim Allen, President and CEO of the Fort Smith Regional Chamber of Commerce. “It was a pleasure to work with the leadership at Walther again to secure this project in Fort Smith. We welcome Walther’s expansion as they further solidify their place in our community and allow it to meet the demand of its military, law enforcement and consumer markets.”
###
About the Arkansas Economic Development Commission
At AEDC, we know economic advancement doesn’t happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success. AEDC is a division of the Arkansas Department of Commerce. For more information, visit ArkansasEDC.com.
from the blog
Arkansas Ranked in Top 10 for Firearms and Ammunition Industry Economic Output, Jobs
The National Shooting Sports Foundation named Arkansas as one of the top states for firear...
ReadArkansas Aims to Grow Firearms and Ammunition Industry
The Arkansas Economic Development Commission is committed to helping firearms and ammuniti...
ReadFirearms & Ammunition Industry Thriving in Arkansas
Over the last five years, the third week in January has meant one thing for the Arkansas E...
Read
At AEDC, we know economic advancement doesn’t happen by accident. We work strategically with businesses and communities to create strong economic opportunities, making Arkansas the natural choice for success. Here are some examples of businesses that are thriving!
Leave a comment