A Message From Federal, CCI, Speer And Remington President Jason Vanderbrink On Ammo Demand
Awesome, TY for sharing.
I’m more interested in why the price has doubled. 223/556 which was $300 for 1K in March for US made ammo is now north of $750 for Russian ammo. For 4 years, prices were low, & people should have been stocking up. But they wait until a virus scare, & an election gone bad, & we now have stupid prices. GARY.
Hornady has a similar message:
The same reason as always--demand vastly outstripping supply. Most of us have been through several panics, and it is always the same.
“Democracy is a pathetic belief in the collective wisdom of individual ignorance.”
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lakelandman
- Posts: 1288
- Joined: Sun Aug 12, 2018 1:12 am
- Location: Lakeland
Sad all the hate emails he gets.
Everybody's got a plan until they get hit.
Ive often wondered why not make the financial risk, and buy and build another factory... double and triple capacities. Whos telling them that would be bad investment??
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MiamiOffshore
- Posts: 282
- Joined: Thu Aug 20, 2020 1:33 am
Moreover, why not invest in a "wolf military"-esque competitor. A made in U.S.A. polymer coated steel case, "blasting grade" ammo? Surely many of us here remember the days when a 1,000rnd cases of Wolf fluctuated $65-80? Even at twice that price I'm sure we'd all do a lot more shooting!
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weaselfire
- Posts: 105
- Joined: Fri Jul 27, 2018 2:21 pm
Keep in mind that raw components are a major issue too. Powder comes from overseas, brass is in short supply and lead can be as well. Then you have to get it transported from overseas where things are closed due to lockdowns and put it together in the US where factories may be running at half capacity.
Building new plants takes time and, historically at least, wouldn't pay off the investment after the crisis is over.
Jeff
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Building new plants takes time and, historically at least, wouldn't pay off the investment after the crisis is over.
Jeff
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The wake up call was 2012, coulda started building then....weaselfire wrote: ↑Thu Dec 24, 2020 7:34 pm Keep in mind that raw components are a major issue too. Powder comes from overseas, brass is in short supply and lead can be as well. Then you have to get it transported from overseas where things are closed due to lockdowns and put it together in the US where factories may be running at half capacity.
Building new plants takes time and, historically at least, wouldn't pay off the investment after the crisis is over.
Jeff
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