Czechoslovak Group To Buy Vista Outdoor Inc.'s Sporting Products (AMMUNITION) Business For $1.91 Bln

Help Support Ruger Forum:

Joined
Mar 5, 2015
Messages
2,197
Location
the Great State of Wide-open (WY)
FYI...


...also...

 
Joined
Mar 5, 2015
Messages
2,197
Location
the Great State of Wide-open (WY)
Folks have been complaining about Vista keeping primer prices high. FWIW, I've seen companies that were thinking about selling/merging go out of their way to maximize profits, so they could get a better price when they sold/merged. That may have been what Vista was doing with their primer & ammo prices, the past year or two. Will the Czechs lower prices for the company's products? Who knows...

As always IMHO, YMMV, FWIW, etc.
:)
 

hittman

Moderator
Staff member
Moderator
Joined
Jan 16, 2008
Messages
18,241
Location
Illinois

"Senator Kennedy is concerned about Czechoslovak Group's potential acquisition of Vista Outdoors because it could make the U.S. Army reliant on a sole U.S. contractor for ammunition and U.S. law enforcement agencies more reliant on foreign providers of primers and ammunition," an aide from Kennedy's office told FOX Business. "Furthermore, CSG's attempt to blur its ties to Russia and China is deeply troubling."

In a letter to U.S. Treasury Secretary Janet Yellen, Kennedy warns that if the deal goes through, CSG would own 70% of primer production. Primers are known for igniting the gunpowder in a bullet to allow it to go off.
 

gunzo

Hunter
Joined
Sep 8, 2010
Messages
2,121
Location
Kentucky
As usual, the media gets something about half right. Guess that's batting a thousand for them.

Remington ammo & Remington Arms(Remarms) are 2 separately owned companies. The ammo side is owned by Vista, along with CCI/Speer & Federal.

Mr. Kennedy is correct IMO, that the group in question does account for 70% of US primer manufacturing. And not mentioned, about same for US rimfire ammo production. The new company not likely to move , particularly off the bat, but would still control vital goods to the US. Later, a multitude of events could change the supply chain in a huge way.
 

Pál_K

Guns. I has it.
Joined
Nov 30, 2023
Messages
826
Location
Gig Harbor, WA, USA
To me it's just obvious for security reasons: medicine (antibiotics, etc.), technology (silicon wafers), energy (coal, petroluem products, natural gas, battery components), and weapons material should all be 100% US manufacture.

You could still get your German or Italian gun, ammunition, or whatever, but core manufacturing should be in the US. We need to be self-sufficient and self-reliant, totally independent from any other country as much as possible.
 
Last edited:
Joined
Dec 24, 2009
Messages
623
Location
Flat Rock, NC
As usual, the media gets something about half right. Guess that's batting a thousand for them.

Remington ammo & Remington Arms(Remarms) are 2 separately owned companies. The ammo side is owned by Vista, along with CCI/Speer & Federal.

Mr. Kennedy is correct IMO, that the group in question does account for 70% of US primer manufacturing. And not mentioned, about same for US rimfire ammo production. The new company not likely to move , particularly off the bat, but would still control vital goods to the US. Later, a multitude of events could change the supply chain in a huge way.
Vista also owns Fiocci too. The real Congressional worry is there is only one nitrocellulose powder plant in the US, it can't supply a normal year's requirements let alone on a war time footing. There is some good news, a new primer manufacture in Arkansas, White River Energetics. It was set up by a CCI retiree/engineer.

Most of the powder we are using comes from "offshore" like the Balkan Countries, the Czech Group = Czechoslovakia a Balkan Country.
 
Joined
Jun 16, 2024
Messages
43
Location
Atlanta, GA
FYI...


...also...

To me this IS gun control. Vista Outdoors has monopolized our firearms industry. Any other company or industry that has done what they have would have been called out. Couple this with the UN wanting arms restrictions gives a big ??????? as to what is the bigger picture. Why has our Second Amendment advocates allowed this to happen untethered?
 

krw

Blackhawk
Joined
May 29, 2003
Messages
989
Location
Arkansas
Foreign company's buying American companys
Foreign's buying American farm land
The ultra rich buying up American farm land
There cannot be a good outcome
 
Top