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Czech firearms maker CZ to build factory at Little Rock Port

A Czech firearms maker announced plans today to build a factory at the Little Rock Port that is expected to employ 565 people in six years. An Arkansas Economic Development Commission news release said CZ-USA, a subsidiary of ?eská zbrojovka a.s. Uherský Brod (CZUB), will make Little Rock its headquarters and invest $90 million in the plant.

It will use 73 acres at the port to…

LA – Industry Insider – State lawmakers seek to require banks to do business with gun industry

House Bill 413 Rep. Blake Miguez, a New Iberia Republican and competitive shooter, would outlaw what he called “discrimination” by making it illegal for a bank, credit card processor or other financial institution to turn down customers because of their involvement in the firearms industry. 

Jens Krogh Joins Blaser USA as Vice President of Sales and Marketing

San Antonio, Texas (April 22, 2019) – Blaser USA is pleased to announce Jens Krogh has joined Blaser USA as Vice President of Sales and Marketing.  In this position, Krogh will be responsible for all marketing and commercial sales activities, including advertising, social media, and customer relationships.

“Blaser USA has incredible product lines and a stellar reputation for quality and innovation, and I am…

NAT’L – INDUSTRY INSIDER – Sturm, Ruger Targeted by Activists Again

A shareholder resolution asserts that the gunmaker is dismissive of concerns and has unseemly ties to a gun-rights group. 

NAT’L – INDUSTRY INSIDER – Sturm, Ruger Targeted by Activists Again

A shareholder resolution asserts that the gunmaker is dismissive of concerns and has unseemly ties to a gun-rights group. 

CT – INDUSTRY INSIDER – NSSF: Banks Not Shooting Straight With Truth In Lending To Firearms Companies

Citigroup’s getting asked some hard questions about the fiscal sanity of their decision to discriminate against firearms businesses and their answers aren’t likely to soothe investors. 

VA – INDUSTRY INSIDER – FN Wins Contract To Supply Machine Gun Barrels

VA – INDUSTRY INSIDER –  FN Wins Contract To Supply Machine Gun Barrels 

FN America, LLC is pleased to announce that the company has been awarded an indefinite quantity, indefinite delivery (IDIQ) contract, valued at up to $9.9 million, by Defense Logistics Agency (DLA) to supply machine gun barrels over a five year period ending in 2024. Work will be performed at FN’s Columbia, South…

AR – INDUSTRY INSIDER – Chief of gun firm touts site in state

The top executive of Sig Sauer said Tuesday that the company’s ammunition plant in Jacksonville has become a vital part of its business and the plant will be even more important as Sig Sauer takes more ammunition offerings to the market. 

NYC – INDUSTRY INSIDER – Citi’s gun crackdown gives ammo to 2nd Amendment foes, advocate says

Justin Danhof wants Citigroup to take billionaire investor Warren Buffett’s advice and stop pushing the gun merchants among its customers to set stricter limits on which products they sell and who can buy them. 

FL – INDUSTRY INSIDER – “Intelligent Guns” Let Users Know if Aiming at Friend or Foe

A Florida-based firm is developing a new technology that assists police and military in differentiating between friendly and enemy forces. The technology is an attachment to a weapon that alerts the gun holder if others nearby are friend or foe. 

NAT’L – INDUSTRY INSIDER – Big-Bank Chiefs, Democrats Spar at House Hearing

CEOs quizzed on topics including safety, Russia and gun-industry ties. Citi announced it would no longer partner with retailers that sell guns to customers under the age of 21 or who haven’t passed a background check, and Bank of America said it would stop lending to manufacturers of military-inspired rifles. 

NH – INDUSTRY INSIDER – Investor activists will campaign against Sturm Ruger directors

Investor activists said on Monday they will campaign to unseat two directors at gunmaker Sturm Ruger & Co, citing what they called its resistance to their concerns after shareholders won a battle over safety at last year’s annual meeting. 

NAT’L – INDUSTRY INSIDER – BB&T, Wells Fargo Get Failing Grades From Gun-Control Group

BB&T Corp. and Wells Fargo & Co. are among the biggest financiers to the firearms industry and should sever ties with gunmakers and trade groups, according to advocacy organization Guns Down America. 

NV – INDUSTRY INSIDER – Minden arms manufacturer threatens to leave Nevada if ‘bump stock’ bill becomes law

Jay Jacobson, president of Minden-based firearms manufacturer, Franklin Armory, said he would move his company and its employees to another state if AB291 becomes law. 

WY – INDUSTRY INSIDER – Gunwerks broke ground in Cody, Wyoming for their brand new, state-of-the-art facility. (VIDEO)

During the Fall season of 2018, Gunwerks was granted $6 million to build a warehouse type facility on their five acres of land.  On March 26th, 2019, construction got underway for their new facility which will have a retail and warehouse space, plus a test shooting tunnel. 

 

NH – INDUSTRY INSDER – SIG Sauer, Already The Largest U.S. Firearms Exporter, Could Grow Bigger With Rule Change

Earlier this year, Newington-based SIG Sauer announced the latest in a string of sizeable contracts: the Indian Army agreed to pay the gun maker a reported $72 million for 72,400 rifles for its infantry soldiers. 

INT’L – INDUSTRY INSIDER – Gun makers at defense fair seek opening of Brazil market

Gun makers and military industry companies from all over the world gathered in Rio de Janeiro for Latin America’s largest defense and security fair Tuesday, hoping to benefit from Brazil’s new far-right administration and President Jair Bolsonaro’s vow to loosen gun laws. 

NAT’L – INDUSTRY INSIDER – Gun-makers have always invoked the military to lure customers. Could it be their undoing?

On the pages of just about any current gun magazine are glossy advertisements featuring men dressed as soldiers or SWAT commandos wielding weapons made for the civilian market. 

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