FN Manufacturing and FNH USA (both I understand being subsidiaries of FN Herstal, Belgium) are consolidating to form FN America. The press release follow …
(McLean, VA – June 6, 2014) Philippe Claessens, CEO of the Herstal Group, today announced the decision to consolidate FN Manufacturing, LLC in Columbia, SC and FNH USA, LLC in McLean, VA into a single entity, FN America, LLC.
This new organization will be headquartered in McLean, VA. FN America’s production facilities will remain in South Carolina.
“The consolidation of FN Manufacturing and FNH USA creates an exciting opportunity for efficiency, growth and profitability,” said Mark Cherpes, President and CEO of FNH USA. “This merger will ensure a stronger, more agile organization that is better poised to meet current and future U.S. market challenges.”
FN America will be led by President and CEO Mark Cherpes, and will generate multiple benefits for distributors, dealers and consumers, including streamlined development and production of existing and new products and services. The merger will also enable the company to better manage the complete product and customer care lifecycles for its military, law enforcement and commercial business lines.
Activities are currently underway to consolidate the management teams of FN Manufacturing and FNH USA into one, integrated organization headed by Mark Cherpes. Jean-Louis Vanderstraeten is retiring as president & CEO of FN Manufacturing, LLC and moving to a new role as advisor to the FNA America chairman of the board. Additional steps to complete the legal merger are anticipated to be concluded in the coming months.
FN America, LLC will unite the sales and marketing efforts of FNH USA, established in 1998 in McLean, VA, with the precision manufacturing capabilities of the Columbia, SC-based FN Manufacturing, a global leader in the development and manufacturing of high-quality, reliable firearms for the military, law enforcement and commercial markets, including the M240, M249, M4 and M16 rifles, the FNP™, FNX and FNS™ pistol lines, and the FN 15™ series of modern sporting rifles.