RUAG Ammotec, the small caliber ammunition subsidiary of European defense giant RUAG, have announced they are spending “upper double-digit million range” of Euros over the next few years to increase ammunition production because of heightened demand in the USA and Europe. The company owns a number of factories around Europe and one in Tampa, Florida. Their consumer and law enforcement ammunition in the USA is sold under the RWS, Rottweil, Swiss-P and MFS brands.
The press release …
Fuerth, August 15th, 2013. RUAG Ammotec, Europe’s leading producer of ammunition, is significantly extending its production capacities and investing in new systems. This step has become necessary because of the high level of capacity utilisation in Germany, Switzerland, Sweden, Hungary and the USA.
RUAG Ammotec was quick to recognize the signs and create additional production capacities. On the one hand, this increase in capacity is being achieved by taking on more staff and by intensifying shift operation, and on the other hand a major investment programme in the upper double-digit million range is to be implemented in the coming three years. It is the biggest project of its kind in the history of RUAG Ammotec.
“Expanding our production network across all our locations will ideally increase our current capacities. This is the only way for us to be able to meet the high international demand even better in future and reinforce our market position,” states Cyril Kubelka, who has been the CEO of RUAG Ammotec and member of the Executive Board of RUAG for many years.
At the same time, the way in which capacities are being extended at RUAG Ammotec is also contributing considerably towards increasing the company’s economic efficiency, which, in view of strong global competition, is of great significance.