Ruger will integrate the Anderson facility’s capabilities into its broader operations, with a focus on launching new products, expanding Ruger’s popular product lines and growing its established accessories business.
The Wall Street Journal reported, “Big banks are trying to get out of the crosshairs of Republican states that are cracking down on companies for ‘woke’ policies that conservative policymakers say are illegal and discriminatory.”
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.
The goal of animal rights activist groups like NhRP, the Wilberforce Institute is to use any tools available – the courts, the ballot box, or now, increasingly, major banking institutions – to push their radical anti-hunting, anti-gun animal rights agenda.
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.
Mexico’s amorphous theory of liability is seriously in question after the Smith & Wesson decision. As was true in that case, Mexico’s allegations in the Arizona lawsuit likewise constitute a generalized complaint about how firearms are sold in the US.
Going forward, courts and would-be plaintiffs should heed the Supreme Court’s admonition that “capacious” interpretations of the PLCAA’s exceptions – especially those that “swallow most of the rule” – will not fly.
Chalk one up for the firearm industry. Citgroup, one of the largest corporate banking institutions in the nation, announced it is changing its financial services policies that boxed out members of the firearm and ammunition industry.
Last month, at the NRA Show in Atlanta, we caught up with Burris’s Bruno Beccaria and Jordan Egli to get their perspective on running yet another Beretta-owned brand and how Bruno’s transition from firearms to optics has been going.
The states have led the way thus far. Now, it’s the perfect time for federal legislators to match that leadership and to act and put the firearm retailer-specific Merchant Category Code into the ash heap of history.
