I heard Rugar declared bankruptcy, split the company. One company selling arms, the other selling ammo stuff. Threw a large wrench in the primer/reloading supply chain. Supposed to be back up and producing within a few months.
So it was actually Remington that declared bankruptcy. One of the biggest firearms and ammo manufacturers basically shut down. The Freedom Group split up, with Ruger aquiring Marlin.
Vista Outdoors acquired the Remington Ammo brand, and has just kicked off a MASSIVE increase in production. They are running their factories 24/7 and should have a big impact on the industry. (fingers crossed)
I heard Rugar declared bankruptcy, split the company. One company selling arms, the other selling ammo stuff. Threw a large wrench in the primer/reloading supply chain. Supposed to be back up and producing within a few months.
So it was actually Remington that declared bankruptcy. One of the biggest firearms and ammo manufacturers basically shut down. The Freedom Group split up, with Ruger aquiring Marlin.
Vista Outdoors acquired the Remington Ammo brand, and has just kicked off a MASSIVE increase in production. They are running their factories 24/7 and should have a big impact on the industry. (fingers crossed)
How badly did they have to manage their company to declare bankruptcy amid insane sales?
Look into the Freedom Group and you'll find your answer.