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BREAKING :
AVOWED TRUMP SUPPORTER ARRESTED NEAR CAPITOL FOR CARRYING GUN; WOMAN CHARGED WITH IMPERSONATING POLICE. A 22-YEAR-OLD VIRGINIA MAN WHOSE FACEBOOK PAGE FEATURES A PHOTO FROM THE JAN. 6 RIOT AT THE U.S. CAPITOL WAS ARRESTED NEAR THE CAPITOL COMPLEX SUNDAY, AND POLICE SAID HE WAS CARRYING THREE HIGH-CAPACITY MAGAZINES, 37 ROUNDS OF UNREGISTERED AMMUNITION AND A GLOCK 22 FIREARM. SMALL GROUPS OF RIGHT-WING PROTESTERS — SOME OF THEM CARRYING RIFLES — GATHERED OUTSIDE HEAVILY FORTIFIED STATEHOUSES AROUND THE COUNTRY SUNDAY AS NATIONAL GUARD TROOPS AND POLICE KEPT WATCH TO PREVENT A REPEAT OF THE VIOLENCE THAT ERUPTED AT THE U.S. CAPITOL. THERE WERE NO IMMEDIATE REPORTS OF ANY CLASHES.‘THERE IS THIS STIGMA THAT IF YOU ARE BLACK AND THAT YOU HAVE A GUN THEN YOU ARE A CRIMINAL,’ SAID VANESSA HALL-HARPER. THE NATIONAL AFRICAN AMERICAN GUN ASSOCIATION HELD ITS FIRST MEETING ON SATURDAY IN TULSA, OKLAHOMA IN AN EFFORT TO EDUCATE THE BLACK COMMUNITY ON GUN SAFETY AND PROTECTION.GUNS AND RANGE TRAINING CENTER IN WEST PALM BEACH IS SEEING A BOOM IN BUSINESS AS BUYERS FLOCK TO THE SHOOTING RANGE LOOKING TO BUY ARMS AND AMMO. MIKE SHKOP, THE OWNER OF THE CENTER SAYS THE RISE IN SALES NEARLY DOUBLED SINCE THE START OF THE PANDEMIC.A CROWD OF ABOUT 100 PEOPLE, MANY OF THEM ARMED AND FOCUSED ON GUN RIGHTS, GATHERED PEACEFULLY OUTSIDE THE TEXAS CAPITOL GATES FOR A FEW HOURS SUNDAY IN A SCENE THAT IS FAIRLY COMMON IN DOWNTOWN AUSTIN AT THE BEGINNING OF A LEGISLATIVE SESSION AND UNLIKE AUTHORITIES' WORST-CASE SCENARIO FEARS THAT PROTESTS COULD TURN VIOLENT DURING THE WEEKEND. BUT THOSE CONCERNS DID NOT COME TO PASS, AS A HEIGHTENED LAW ENFORCEMENT PRESENCE WAS VISIBLE ON THE CAPITOL GROUNDS AND PROTESTERS SPOKE OF BEING CONTACTED BY THE FBI BEFOREHAND. AS OF PRESS TIME SUNDAY, AUSTIN'S SMALL RALLY MIRRORED OTHER PROTESTS ACROSS THE COUNTRY THAT DAY.

Industry Insider Archive

INT’L – INDUSTRY INSIDER – Czech firearms company in negotiations to buy Colt, an American legend and Connecticut fixture for nearly 175 years 

Gun manufacturer Colt, an American legend and Connecticut fixture for nearly 175 years, could come under European ownership in a deal being negotiated with a Czech firearms company. ?eská zbrojovka Group SE, or CZG, which is negotiating to purchase Colt Holding Co., said it has reached agreement on the outlines of a deal with the West Hartford gun manufacturer.

NAT’L – INDUSTRY INSIDER – Ammo Maker Vista Outdoor Has 32% Upside After Georgia Runoff Elections

AMMUNITION MAKER VISTA OUTDOOR (NYSE:VSTO) SHOULD BENEFIT FROM THE GEORGIA SENATE RUNOFF ELECTIONS AS THE RESULTS SHOULD BOLSTER DEMAND FOR FIREARMS, RILEY SECURITIES ANALYST ERIC WOLD SAYS. ON WEDNESDAY, WOLD REITERATED HIS BUY RECOMMENDATION OF THE OWNER OF THE LEADING FEDERAL PREMIUM BRAND OF AMMO AS WELL AS THE RECENTLY ACQUIRED REMINGTON BRAND, AND SET A PRICE TARGET OF $33 PER SHARE, SOME 32% ABOVE YESTERDAY'S CLOSING PRICE FOR VISTA OF $24.92 PER SHARE.

NYC – INDUSTRY INSIDER – A New Rule That Could Force Big Banks to Fund the Gun Industry 

BROOKLYN READER.COM January 5, 2021 – Last year, New York City experienced its deadliest year in over a decade.

Across the city, murders were up 40% on 2019, jumping from 312 to 436, The City reported. Gun violence claimed the lives of a number of Brooklyn residents, young and old, and drove community members to the streets in rallies held across neighborhoods.

There has…

INT’L – INDUSTRY INSIDER – Owning Digital Plans To 3D-Print Guns Without License To Be Made A Crime After New Bill Passed

SINGAPORE: Parliament on Tuesday (Jan 5) passed a Bill that would make owning digital blueprints of a gun or gun part without license illegal. Under the new Guns, Explosives and Weapons Control Bill, anybody who wants to manufacture a gun or a major part of a gun using a 3D printer or electronic milling machine will need a license. Without a license, the possession of a digital blueprint of such…

NAT’L – INDUSTRY INSIDER – Why Smith & Wesson Brands Shot 152% Higher in 2020

THE MOTLEY FOOL/NASDAC.COM SEPTEMBER 3, 2021 – Shares of Smith & Wesson Brands (NASDAQ: SWBI) soared 152% in 2020 as the firearms industry roared back to life and guns started flying off the shelves.

A convergence of events charged individuals into buying more firearms last year. The coronavirus pandemic caused people to worry about what food shortages might mean, which was followed by…

Pressured by Lawmakers, ATF Withdraws Gun Regulation Opposed by Manufacturers

DAILYSIGNAL.COM DECEMBER 28, 2020 – Under pressure from dozens of congressmen, the Bureau of Alcohol, Tobacco, Firearms and Explosives withdrew guidance on a proposed regulation that gun industry leaders warned would cost them billions.

The ATF’s decision to pull its regulation regarding pistol braces follows a cooperative effort from 90 House members who demanded that the agency cease its “alarming” determination that…

NAT’L – INDUSTRY INSIDER – Financial Discrimination Continues Against the Gun Industry

A RECENT PROPOSAL BY THE OFFICE OF THE COMPTROLLER OF THE CURRENCY (OCC), AN INDEPENDENT BUREAU WITHIN THE U.S. DEPARTMENT OF THE TREASURY, WOULD WORK TO ENSURE FAIR TREATMENT IN LENDING AND ACCESS TO OTHER FINANCIAL SERVICES FOR AMERICAN BUSINESSES. THIS IS OF PARTICULAR IMPORTANCE TO THE SECOND AMENDMENT, AS MANUFACTURERS, COMPANIES AND RETAILERS IN THE SHOOTING SPORTS INDUSTRIES HAVE AND STILL ARE EXPERIENCING DISCRIMINATION IN GETTING THESE SERVICES FROM FINANCIAL INSTITUTIONS.

NC – INDUSTRY IINSIDER – Ruger Factory Expanding in North Carolina

RUGER HAS ANNOUNCED PLANS TO INCREASE FACTORY CAPACITY IN MAYODAN, NC, OVER THE COURSE OF THE NEXT THREE YEARS AT A COST OF $10 MILLION. THE EXPANSION WILL ADD 60 NEW EMPLOYEES TO A STAFF THAT ALREADY NUMBERS NEARLY 500. RUGER ANNOUNCED IT WAS MOVING A PORTION OF ITS FIREARM PRODUCTION INTO AN OLD UNIFI TEXTILE PLANT THERE IN 2013.

NAT’L – INDUSTRY INSIDER – Gun and Ammo Stocks Soar as Demand Keeps Growing

Last Thursday, it was back to Cabela’s for me and a longtime friend, my second trip this month, and a trip it is since the closest location is about 80 miles away. It’s been fascinating to see how consumer demand for guns and ammunition has been driven by current events as well as by the prospects of more restrictive gun laws on the horizon, and this trip furthered that…

NAT’L – INDUSTRY INSIDER – Here’s What America’s Largest Ammo Manufacturer Has to Say About the Shortage

All across the country, millions of Americans are on the hunt for ammunition, either for self-defense, target practice, shooting sports or hunting. Sporting goods stores and small mom and pop businesses have had to severely limit how many rounds of ammo a person can buy at one time. Some have even went so far as to limit ammo solely to those who are purchasing a new firearm because of…

NAT’L – INDUSTRY INSIDER – The Great Ammo Shortage of 2020: When Will It End?

Ammunition purchasers across America—or make that would-be purchasers in record numbers—are finding shelves bare, and unfortunately that’s hardly breaking news. If this was simply a Christmas-season run, we could insert a Grinch joke here and assume things would return to normal after the holidays. But, in fact, this shortage, as many readers can attest, traces back at least to spring when COVID mania shocked the country and has since…

NAT’L – INDUSTRY INSIDER – Gunmaker Predicts US Hunting Boom Will Outlast Coronavirus Social-Distancing Rules

YAHOO FINANCE.COM DECEMBER 16, 2020 – America’s newfound love of hunting and other outdoor activities will likely continue after the eradication of COVID-19, according to gun manufacturer American Outdoor Brands Inc.

“There has already been a wallet share shift” from indoor activities like movies and eating out, said Brian Murphy, CEO of American Outdoor Brands, on the company’s second-quarter earnings…

NAT’L – INDUSTRY INSIDER – Outdoor Industry Growth Offers Support Opportunity

Across the country, people are talking about the run on sporting goods and outdoor gear. Product availability has been limited in many areas. Kayaks, tents, firearms, fishing equipment and other types of outdoor gear are being sold in record numbers. More people experiencing the outdoors is good for business, but that doesn’t mean the industry is whole. Johnson Outdoors Inc., which describes itself as, “a leading global innovator of…

MO – INDUSTRY INSIDER – Local gun manufacturer seeing high demand (VIDEO)

With 2020 coming to a close, gun manufacturers and shops have witnessed high demands. This year more than others. Black Rain Ordnance has been busy for the last couple years, but they’ve had more growth in 2020. One of the reasons, Covid-19. Clint Caperton, said, “Shutdowns and quarantines and some of the factors that have come out of that is people that are wanting to get out and do…

INDUSTRY INSIDER – GUN NEWS – Magnetospeed Acquired By Kestrel Ballistics Parent Company Nielsen-Kellerman

Nielsen-Kellerman, the parent company of ballistic tool builder Kestrel, has acquired the assets of Magnetospeed LLC, manufacturer of quality chronographs, target hit indicators and other accessories for the competitive shooting, hunting, recreational and military markets. Since 2013, Magnetospeed has built chronographs, target hit indicators and barrel coolers. The V3 and Sporter barrel-mounted ballistic chronographs use electromagnetic sensors to measure bullet velocity. Other products include the T1000 Hit Indicator, and the Riflekühl chamber flag and…

NAT’L – INDUSTRY INSIDER – Last-Gasp Trump Rule May Force Banks to Lend to Gun Companies

THE TRACE.ORG December 14, 2020 – In recent years, some banks have balked at lending to the gun industry. Now, in its waning days, the Trump administration is advancing a rule through a little-known agency that would make it much harder for banks to deny services to gun makers, sellers, and distributors. Experts and banking industry groups say the…

NC – INDUSTRY INSIDER – Ruger Mayodan Firearms Plant to Add 60 New Jobs

Earlier in September of this year, Sturm, Ruger & Co. Inc. went into an agreement to pay $30 million for the Marlin assets that were being sold off from the Remington brand. The acquisition officially took place on November 24th with Ruger reportedly paying nearly $2 million less for the acquisition than initially planned. Finally, on December 7th, 2020 Ruger announced that it would be expanding its Mayodan, North Carolina Firearms Manufacturing plant…

NY – INDUSTRY INSIDER – Group Calls On State To Develop Incentive Plan To Keep Remington Arms At Home

THE MOHAWK VALLEY NINE, A BIPARTISAN COALITION OF NEW YORK STATE LEGISLATORS REPRESENTING HERKIMER, MADISON AND ONEIDA COUNTIES, URGED GOVERNOR CUOMO TO DEVELOP AN INCENTIVE PACKAGE, BEGINNING WITH AN “ESSENTIAL BUSINESS” DESIGNATION, TO KEEP REMINGTON ARMS AT HOME IN ILION, NEW YORK. ROUNDHILL GROUP, LLC., THE NEW OWNERS OF THE HERITAGE MANUFACTURER, ARE PREPARING TO REOPEN THE REMINGTON ARMS FACILITY IN ILION AND REHIRE LOCAL WORKERS.

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