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Posts Tagged ammo shortage
The Big Ammo Companies Are Owned By Two Private Equity Firms
From The American Prospect:
At a glance, Americans appear to have a variety of ammunition companies to choose from: Remington, Winchester, Speer, CCI (Cascade Cartridge, Inc.), Federal Premium. Winchester bills itself as “The American Legend†and has been in business for over 150 years, while Remington has been making guns and ammo for over 200 years and states that their company is as “boundless as the American spirit.†These companies associate their brands with freedom, independence, and toughness. What most customers do not know, however, is that they are all owned by the same two entities: Olin Corporation and Vista Outdoor.
How To Prepare and Train During Ammo Shortage
From The Federalist:
while a lot of ammunition is needed for serious practice over time, the most efficient way to improve one’s firearm skill—in terms of the time, money, and energy invested in relation to the return on that investment—is without ammunition, by what is commonly referred to as “dry firing,†the required safety precautions for which can be explained by any competent instructor.
According to former Army Special Forces soldier Mike Green, whose company, Green-Ops, conducts defensive firearm classes and dry-fire clinics in Northern Virginia and South-Central Texas, “dry-firing is the most often overlooked element of a comprehensive training program. But it shouldn’t be. It’s simple and almost cost-free.â€
The Ammo Shortage Could Last Another 2 Years
From The Reload:
As store shelves lie barren and prices for the most popular ammunition hover at two, three, or even five times their pre-pandemic levels, manufacturers said they are still scrambling to bring enough product to market. They said they are still working through several years’ worth of orders that have already been placed.
“On certain products, we are certainly seeing backlogs that stretch out two years and beyond,†Brett Flaugher, president of Winchester Ammunition, told The Reload. “For those who shoot 9mm and 5.56 ammunition, which are both in high demand, it’s very uncertain how long it will be before people will consistently have ammunition readily available.â€
Remington Ammo Back To Full Production
From Guns.com:
“The shooting sports industry has experienced unprecedented growth and demand for high-quality ammunition, in large part driven by millions of new legal firearms owners joining our community over the last year. Our message to new owners and to our millions of die-hard Remington Ammunition fans is that our operations are in full swing, our quality control is second to none and our entire team is working tirelessly to make more ammo,†said Vanderbrink.
Ammo Company Has $80 Million Backorder
From AZ Family:
Scottsdale-based ammunition company Ammo Incorporated is facing an $80.1 million order backlog amid record demand for ammunition.
“We just bought 2.8 million dollars worth of machinery and equipment last week to increase our production and increase our volume,” Wagenhals said.
According to the National Shooting Sports Foundation, the year has already seen a boom in gun purchases, up 95% in the first half of 2020 compared to the same time period of 2019.
True Velocity To Revolutionize Ammo Supply Chain
From Ammoland:
True Velocity manufacturing is aimed at reducing inefficiencies in the ammunition supply chain, improving manufacturing safety, and has the capacity to produce as many as 600 million rounds per year from its operations. The cell production technology from True Velocity includes everything from casing manufacturing to loading of ammunition in a physical footprint that requires only 2,500 square feet.
The Reason For The Ammo Shortage
From NJ.com:
“There is no product in the country,†said Rick Friedman, who owns RTSP, which operates gun ranges and stores in Randolph and Union. “Until they start producing more and it is hitting the docks, there is just no product to have. It is beyond a dire situation. The country is literally out of ammunition.â€
Why Ammo Makers Aren’t Increasing Production
From Bearing Arms:
They don’t want to get burned like in 2016, when sales surged to record levels only to implode on Election Day. Sales then were driven by fears of gun control fueled by mass shootings, but those fears evaporated with the election of President Trump, a Republican endorsed by the National Rifle Association. Gun sales plunged immediately after his election, resulting in layoffs and sliding stocks for Sturm, Ruger and Smith & Wesson.
House Passes Bill To Stop DHS Ammo Purchases
From The Hill:
“Given this large purchase, the American people and members of Congress rightfully had concerns and questions,” Meadows said. “This is a responsible amendment which ensures that Congress and the American people are aware of the necessity and the cost of ammunition prior to entering into new contracts for procurement.”