CODY (WNE) — With the help of some state funding, a Cody-based firearm manufacturer broke ground on a new facility on Tuesday.
The building will house the manufacturing of Gunwerks’ high-precision, long-range shooting systems — including the rifle, optics, rangefinder and ammunition. It will also include retail and warehouse space and a test shooting tunnel.
Gunwerks was founded in 2007 in Burlington and moved into Forward Cody’s light manufacturing incubator in 2016. Then last fall, the Wyoming Business Council awarded the City of Cody a $6 million grant and loan package for the construction of the new building on a 5-acre site north of Big Horn Cinemas. It’s triple the size of Gunwerks’ current quarters.
“The most significant impact of this project is getting us the necessary space available to expand,” said Aaron Davidson, the CEO of Gunwerks. “In the past three years, in our current facility in Cody, we’ve been able to add three significant product lines. In order to grow those product lines, we need to be better able to vertically integrate our rifle manufacturing, and this new space will allow that room to grow.”
Gunwerks will nearly double its workforce — to 110 employees — over the next five years: By 2025, Gunwerks has committed to creating more than 50 high-paying jobs and to purchase more than $5 million in equipment for the facility.