Well they need to have some way of keeping the price of 22lr so high
Both those guys did what executives do . . . moved on to a higher paying gig (and I'm guessing with a large severance package too).
From that article, there were 16 at Lexington too. 177 people in 6-ish months plus 200 when they closed Mayfield. Hopefully they clean up their act and find their way out of the darkness for the sake of the employees.
Last edited by ragnar_d; 03-12-2017 at 08:37 PM.
No real surprise about the layoffs. While I want to feel sorry for the industry, it isn't completely about things slowing down. The uptick created a huge market which brought a lot of new players and competition for the big boys.
Smaller ammunition companies and lots of R&D money spent on new models of firearms. Companies like Sig are benefitting greatly from their investment while Remington is still trying to figure out how to make a reliable compact 380.
-Seconds Count. Misses Don't-
Cerberus was at the controls when Chrysler made a smoking black hole in the ground. I worked for a Chrysler supplier at the time. After Fiat bought them, every month there was something clearly improved and done better in how they operated. Maybe Big Green will actually go broke and get bought and turned around by the world's oldest industrial company. I just hope that something better can arise without the families being too hurt by the process.
Last edited by OlongJohnson; 03-13-2017 at 08:28 AM.
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Not another dime.
They need to take those workers and produce match grade .22 level ammo that would compete with eley, rws, and sk match ammo.
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