Foreign IT Company Gobbles Up Top US Ammunition Manufacturers - Remington, Federal, CCI and Others Sold Off
(www.westernjournal.com)
🔍 Notable
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (50)
sorted by:
Did just a bit of looking into this. The Czech company involved is an Industrial Tech company with fingers in defense categories, it is not an Information Technology company.
Vista Outdoors was a spin-off company that had acquired several iconic brands as a sporting company. It was originally a part of Alliant Tech Systems which is most widely known for the reloading powders Alliant brand, but involved far more than this with Defense contracts for producing a number of powders for artillery type weapons and technical products for missiles and other Defense related products. When Alliant spun off their tech based support from the outdoor sporting aspects, it created Vista Outdoors. They had acquired Speer/CCI when the previous owners Blount Inc sold off their outdoor products line and concentrated on machinery. Throughout all of this, the businesses continued to manufacture their iconic lines. Vista Outdoors expanded by taking opportunities to buy the Remington brand of ammo when that company declared bankruptcy after the the Bushmaster fiasco following Sandy Hook. the investment Company that owned the rights to the Remington name sold off different portions of the iconic business to different other companies that wanted the portions of the company that competed in their fields. This is why Remington brand firearms are still being manufactured and sold. Not all the previous lines, but the most profitable and well known.
What all of this means is up for debate. Whether there is a conspiracy to regulate these products from the American people or not is unknown. When we look at some other brands that were bought out, Colt comes to mind. They were bought out by CZ because the owners of Colt didn't evolve well or compete in the modern era. The end result is that Colt has been releasing iconic firearms from their famous past including their renowned revolvers from the original to the snake series (Python, Anaconda, King Cobra and Single Action Army) where some had been discontinued for decades. These are now available to purchase once again. Seems to me that CZ buying Colt wasn't a bad thing. Can we hope that CCI/Speer, Remington ammo and others continue their lineage? I certainly do. The CCI brand is by far my favorite rimfire brand and I would hate to see it lost. I guess the greater question is how ingrained are the Globalists in Czech companies?
Thank you for the deep dive and information. I remember when Soros got involved in Remington and they bought Marlin. The quality of Marlins went down were people were asking if you had a Marlin or a Remlin. Remington stated they would build the 444 Marlin again and they never have. Good luck with ammo.
The quality may improve and prices may go down. But like President Trump pointed out we need to manufacture here in our Country and not dependent on China. This concerns me as at any time they can stop supplies.
I believe the manufacturing is still here in this country with the same workers, but more modern equipment and a different approach to business. I will have to see where manufacturing is done, but I am fairly sure they are still making everything here.
For now. Remember we had manufacturing plants that closed shop and moved to China in the past.