A Connecticut gun manufacturer is moving to South Carolina after Connecticut lawmakers passed stricter gun-control laws in the aftermath of the fatal Sandy Hook School shootings.

PTR Industries will make the formal announcement next week at a ribbon-cutting to be attended by South Carolina Republican Gov. Nikki Haley, according to The Sun News of Myrtle Beach.

The company is going to Horry County, which includes Myrtle Beach, and has already approved a resolution setting out the terms of the company's move.

County Council Chairman Mark Lazarus says he's excited about the development.

Josh Fiorini, PTR's chief executive officer, says the plant will employ 140 people, many of whom will relocate from Connecticut. The move will take place over three years.

The company said it had been contacted by 41 states and selected South Carolina from six finalists.