Due to its relative affordability and proximity to many world-class outdoor recreation activities, Montrose is known as a manufacturing hub for outdoor products. Fly-fishing companies Ross Reels, Abel, and Airflo are headquartered in the city. Additionally, Scott Fly Rods relocated to Montrose from Telluride in 1993. Gordon Composites, maker of nearly 90 percent of the high-performance laminate material used in the bow-hunting industry, is located in Montrose. Colorado Yurt Company, maker of handcrafted yurts, tipis and rugged canvas wall tents, is also located in Montrose.