Bigger, more diversified companies will find their way through a “challenging environment. For others, the challenge has proven too tough to overcome. Smaller companies are increasingly shuttering, albeit quietly. Others are passing their businesses on to stronger groups.
I find myself reflecting on the fact that we are seeing some of the long-burning lights of our industry flickering and going out. The thing I realize most is that the work they’ve poured themselves into continues, principally because they’ve built their businesses on trust, dependability, and accountability.
Speaking with manufacturers, distributors, and dealers this week, I’m being told that while every company or industry category is down, consumer purchasing patterns indicate very deliberate buying.
As the Court dithers, Rhode Islanders with magazines holding more than ten rounds and Marylanders owning a banned “assault rifle” face real felony charges. Those are charges that aren’t applicable to citizens in most of the rest of the United States.
Drones are already being used by law enforcement and public service agencies for surveillance and damage assessments. My local fire department is experimenting with very small, camera equipped drones for emergency surveillance, showing firefighters what’s waiting when they enter a burning building.
We’ve gotten word that SCCY’s assets will be auctioned June 24 to 26, 2025 beginning at 11:00 ET in Daytona Beach. In addition to more than 90 precision machines, the auction will include an “incredible amount of Raw material, WIP, Inventory, Office and More!”
If you’re a Ruger competitor, Seyfert’s declaration that Ruger’s looking to expand market share couldn’t be clearer. In a down market, the only guaranteed way to grow market share is by taking it from your competitors.
Owners of SCCY firearms, or dealers/distributors with their products, the message would seem to indicate that — at least for right now — are on their own.
Uncertainty, we got. Answers are still in shorter supply.
The ruling from the high court said any firearms kit that is “capable of being readily….converted to expel a projectile by the action of an explosive” is covered under the Gun Control Act.
