Sunday, November 1, 2015

How do you go out of business selling ammunition during an ammunition drought?

The last 7 years have been essentially a continuous panic buy season for ammunition.  While it's gotten a little better the last year, before that it was empty shelves for years as every cartridge box got grabbed as soon as it left the loading dock.

So how to explain this?

The text in the lower left hand says "Auction of Pierce Munitions".  So how did Pierce go Tango Uniform selling ammo during the biggest ammo shortage of all time?  They slept with the enemy:
You might be a little miffed if you found out a gun or ammo company was donating serious money to virulently anti-gun politicians’ re-election campaigns, right?
Of course, companies have every right to donate to whomever they want, so too we have the right to spend our money with whomever we want.  And the makers of “Ted Nugent Ammo” probably aren’t going to be on that list after you find out they donated $7,500 to N.Y. Governor Cuomo’s campaign fund.
Yep.
ALBANY (NY Daily News)— National pro-gun groups have largely holstered their checkbooks since the passage of Gov. Cuomo’s tough gun control law early last year.
…Surprisingly, the biggest donation, $7,500 from Buffalo-based bullet maker Pierce Munitions, went to Cuomo in June of last year — six months after the gun law passed.
A little further digging found that their check, (numbered 1594 for those keeping track) “ANDREW CUOMO 2014, INC.”
That was August last year.  Customers walked away, and they shut their doors.  You can bid of the last bits of their carcass if you have the dough.

Hat tip: Ralph via email.

6 comments:

Divemedic said...

A group of shooting buddies can buy the tools to make bulk ammo?

drjim said...

The market spoke, and he got exactly what he deserved.

Just guess he wasn't "too big to fail"....

genericviews said...

The last three gun shows in my area had vendors from three "micro brew" ammo makers. I hope the guys can make a profit, but it didn't look like they were selling out their inventory.

Personally, I don't mind people making political donations. In a lot of places, that is the way graft and corruption is handled. You pay or you don't get a business license. Or your permits get delayed by a few months. or you get more than your share of state and local inspectors checking on you and deciding that you always fail. New York is definitely such a place.

Richard said...

Thanks for publicizing this. We need to bankrupt an occasional business to encourage the others.

Bill Matthey said...

I was impressed with the equipment up for bid. It almost looks unused.

ザイツェヴ said...

Causation and correlation, people.

What I suspect really has happened is that the ammunition drought was non-existent (at least no recently), and the competition between boutique manufacturers is fierce. There's not margin of error and someone dumb enough to support Cuomo was probably not good enough to run a small business on thin margins.