I just read on the Hodgdon website that they have purchased RCBS. Kind of scary they now control Hodgdon, Winchester, Accurate, Western, IMR, and Vitht vouri and now one of the biggest reloading tool companies. What could go wrong?
A new monopoly?
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Way down on my list of things to worry about.
SchmidtRubin
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As far as I can tell Hodgdon isn't a publicly traded company so it's not like it was bought by BlackRock, State Street, Vanguard etc. The real monopoly is those horizontal investment firms. They're the ones with enough capitol to push regulations to stifle and snuff out competition.
Mark_Mark
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Agree, I feel Hodgdon aquring them will protect the RCBS name. The company literally started on a kitchen table by repackaging surplus WW2 powder.
Mine too but I worry my list is incomplete.
As long as they don't aquire Lee, Hornady, CH4D, Redding... we'll be alright.
At least a foreign company didn't buy them. Hopefully they'll keep making (most of) dies here in the U.S.
At least a foreign company didn't buy them. Hopefully they'll keep making (most of) dies here in the U.S.
And you think outfits like the ones you name only buy publicly traded firms?
GeoDudeFlorida
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Old news.
Free markets at work. Monopolies only exist in a vacuum where there are no competitors, including inventors, hobbyists, and raw materials for invention.
To give you a clue, in this economy only governments can create a monopoly.
I’m really not sure how any of this is cause for panic.
It’s not unless next to go is Lee and new owner discontinues the FCD.
GeoDudeFlorida
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Mark_Mark
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there is a big different between Monopoly & Anti-Trust and I see non here with Powder company & reloading company
Now if Powder company when around and told all the dealers that they can only sell powder at $50/pound, then we got issues
earlthegoat2
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When I first heard the news my first concern was if Hodgson was owned by private equity.
It seems that it is not but it could happen.
It seems that it is not but it could happen.
higgite
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Do you really think it'll be worse being "monopolized" by Hodgdon than it was being "monopolized" by Vista or whatever they call their offshoot? I think it's a good move. ymmv
Mark_Mark
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GREAT MOVE!
like Ford buying Chevy .. instead of Kia buying Chevy
Found On the Road Dead … sorry had to
Only one gunpowder producer in the US, it is not as if we American's have a lot of choice.
troy fairweather
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I'll get the torches you get the pitchforks lol.That's when we riot!
Bearded Phil
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Nope, not Vihtavuori.
Varminterror
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Um... does anyone see the irony in pointing a finger at Hodgdon for constructing a privately held small conglomeration of companies owned and operated by SHOOTERS!!!! including the acquisition of RCBS, which they have purchased from a FAR LARGER conglomeration of dozens of companies, a Capital operations management company owned by shareholders and strategically managed by pencil pushers, and NOT by shooters...
This acquisition will be a stabilizing and revitalizing opportunity for RCBS, just as the employee purchase of Savage Arms out of the SAME conglomerate has been good for Savage.
This acquisition will be a stabilizing and revitalizing opportunity for RCBS, just as the employee purchase of Savage Arms out of the SAME conglomerate has been good for Savage.
LiveLife
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I agree. USA company buying another USA company is least of my worries currently as foreign companies have been buying US brands and diversifying into US for manufacturing for commercial/military contracts over the decades.
As we now have Mercedes/BMW/Toyota/Honda/Hyundai plants in the US, Sig Sauer is manufacturing primers in the US and now Czech company CSG is manufacturing primers and powders under CCI/Federal/Remington/Alliant brands. (BTW, CSG also owns Fiocchi)
Things have gone wrong already.
Alliant Powders was not only bought by Czechoslovak Group but with the sale from Vista Outdoor also included primer producers of CCI, Federal and Remington - https://news.vistaoutdoor.com/newsr...choslovak-Group-for-1.91-Billion/default.aspx
This not only resulted in Hodgdon/Winchester/Olin as only remaining US powder producers/sellers but reduced Winchester and Expansion Industries as last remaining US owned manufacturers and sellers of primers - https://www.thetruthaboutguns.com/a...w-tooling-up-for-production-in-texas-in-2022/
No. Vihtavuori was bought by Nammo in 2014 which also owns Lapua, SK and Berger Bullets - https://www.vihtavuori.com/about-vihtavuori/history/
And I did not anticipate Vihtavuori powders to be on par price wise with other brands in my retirement years.
On the contrary, Lee Precision outsells all of their reloading equipment competitors COMBINED on a global basis each year while still being a "family" business instead of a publicly traded corporation.
And Lee Precision manufactures all of their dies, presses, powder measures, etc. in the USA while many of competitors have moved manufacturing globally. In 2024, I prefer to support companies like C-H, Dillon and Hornady that produce reloading equipment in the USA. (I like S&W but Frankford Arsenal's X-10 press is made in China)
And concern for Hodgdon buying RCBS?
None for me, like @Walkalong.
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Bazoo
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I personally think it'll be great for RCBS and the rest of us. I do not however like that Hodgdon owns most of the powder companies that we have available to us. While I think they are a great company, I do prefer more diversification.
Don’t care who owns what. $325 or more for an 8 pound jug of powder is still obscene.
Speedo66
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higgite
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A peaceful riot, of course.That's when we riot!
A peaceful riot, of course.
If Troy shows up with the torches...
Walkalong with the Tar and Mark_Mark with the feathers....
Three Days Grace- Lets Start a Riot
If you feel so emptySo used up, so let downIf you feel so angrySo ripped off so stepped onYou're not the only oneRefusing to back downYou're not the only one...
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