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NIOA Group and Barrett Announce $80 Million Factory in Tennessee

NIOA Group and Barrett Announce $80 Million Factory in Tennessee

 

An artist’s impression of Stage 1 of the planned Barrett Manufacturing & Technology Campus in Murfreesboro, Tennessee.

The NIOA Group has announced plans for a new state-of-the-art facility for their subsidiary comapny Barrett Firearms Manufacturing Inc. which they say “is set to redefine excellence in weapon systems manufacturing” and deliver economic growth to Tennessee. The new $76.4 million dollar manufacturing facility is set to open in early 2027. The news of NIOA Groups investment into Barrett in Tennessee was announced formally by the Department of Tennessee Economic and Community Development on 21 March.

NIOA & Barrett @ TFB:

Robert Nioa, CEO of NIOA Group, explained how thrilled the company is “to announce the expansion of Barrett’s operations in the Murfreesboro region and look forward to the positive impact this project will have on the local economy and beyond,” adding that the new Barrett Manufacturing & Technology Campus “will serve as our primary firearms manufacturing site globally and demonstrates our commitment as a major American manufacturer catering to both the commercial and military markets.”

Here’s the announcement in full:

“Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart C. McWhorter and Barrett Firearms Manufacturing, Inc. officials announced today the company will expand in Rutherford County, locating in a new facility at 8808 Manchester Pike.

Barrett plans to invest $76.4 million and create 183 new jobs through the project. The estimated 250,000-square-foot Barrett Manufacturing & Technology Campus will serve as the company’s primary global firearms manufacturing site and will offer employees a cutting-edge campus environment, housing state-of-the-art manufacturing, a corporate office and other major operations. Additionally, the NIOA Group, Barrett’s Australian-owned parent company, intends to locate its U.S. headquarters at the facility upon completion.

Founded in Murfreesboro, Tennessee, in 1982, Barrett Firearms Manufacturing, Inc. is a Tennessee-based firearm and ammunition manufacturer. In 2023, the company was acquired by NIOA, a global firearms, weapons and munitions company headquartered in Brisbane, Queensland, Australia.

Since 2020, TNECD has supported 16 economic development projects in Rutherford County, resulting in approximately 2,600 job commitments and more than $323 million in capital investments.”

Bryan James, CEO, Barrett Firearms Manufacturing, expressed the company’s thanks to the Tennessee Department of Economic and Community Development “for their vision and for their shared enthusiasm in this growth opportunity in our state. This is a significant investment in growing Barrett’s capabilities for the future while underscoring our long-term commitment to the company’s Murfreesboro, Tennessee, heartland.”