A CEO generally shouldn't start off a talk complaining; the Hornady guy did a better job. It is hard, though, to fend off social media when so much of it is totally fabricated yet repeated as gospel.
Before covid, there were rebates on all kinds of ammo, both target and self-defense stuff. Cases of 9mil and 5.56 could be had pretty cheap, and that was good old USA made ammo. I stocked up, having lived through the Clinton years, and many others did too.
Now we have the perfect storm; covid, riots, cut backs in law enforcement, courts unwilling to prosecute violent offenders, and an anti-gun administration. Millions of new gun owners, etc.
Nevertheless, I sure wouldn't be investing capital in a new ammo factory right now not knowing what will happen politically. If ARs are somehow made illegal, what happens to those millions of rounds of 5.56? And, on-line ammo sales are forbidden, and LGS/Big Box limits you to 2 boxes?
And manufacturing went to "just-in-time" with little warehousing decades ago; not saying I agree with that, as we're sort of semi-preppers, just stating fact.
Before covid, there were rebates on all kinds of ammo, both target and self-defense stuff. Cases of 9mil and 5.56 could be had pretty cheap, and that was good old USA made ammo. I stocked up, having lived through the Clinton years, and many others did too.
Now we have the perfect storm; covid, riots, cut backs in law enforcement, courts unwilling to prosecute violent offenders, and an anti-gun administration. Millions of new gun owners, etc.
Nevertheless, I sure wouldn't be investing capital in a new ammo factory right now not knowing what will happen politically. If ARs are somehow made illegal, what happens to those millions of rounds of 5.56? And, on-line ammo sales are forbidden, and LGS/Big Box limits you to 2 boxes?
And manufacturing went to "just-in-time" with little warehousing decades ago; not saying I agree with that, as we're sort of semi-preppers, just stating fact.