Tag: business

BREAKING: Federal Premium Ammunition Lays Off 110 Workers at Anoka Federal Premium Plant, Cancels State Funding Incentives

The post-election gun industry downturn has hit Federal Premium Ammunition, which laid off a significant number of its employees earlier this month. 110 of the roughly 1400 workers at the company were let go from the company’s Anoka, Minnesota plant, the company [Read More…]

BREAKING: Is Kriss Group (Swiss) Going Bankrupt? (UPDATE: KRISS USA to Takeover Swiss Business)

Manufacturer of the Vector submachine gun, and parent company to Sphinx System AG, makers of high-end CZ 75 handgun derivative, may be in financial trouble. At the end of 2015, Sphinx System AG was declared bankrupt; now its parent company may be in danger as well due [Read More…]