It sounds like there really might be a new Primer factory on the horizon

[bernie]

https://www.texarkanagazette.com/news/2022/jan/19/ammunition-plant-to-open-near-texarkana/

I hope this is true!

 

[Blue68f100]

That will help relieve some of the supply problems. And a little competition will help keep the prices competitive.

 

[tightgroup tiger]

If they are going to make primers, I didn't see where primers were mentiond.

 

[somethingbenign]

If they are going to make primers, I didn't see where primers were mentiond.

From the article: "The facility will specialize in the production of primers, a key component in ammunition manufacturing, for the small arms industry."
4th paragraph.

 

[kenboyles72]

I live in TX, not to far from there. Yeah, it's true, they are aiming to be fully operational the first of 2023. They will specialize in primers, but will be making complete ammo as well, not sure yet what all ammo they will be making.

 

[RashQuestion]

I wish them well and hope their prices are fare to all!!!

If so I will be someone who will support them for primers and factory ammo!!!

 

[rainmaker2]

Also from Texas. Wish them luck. It'd be great to have a supplier locally.

 

[Mark_Mark]

Also from Texas. Wish them luck. It'd be great to have a supplier locally.

oooh yeah! I’ll buy anything from Texas or Florida!

I gotta say, being from the Carolina’s, Texas BBQ is Good! only if they put some Apple Vinegar in they sauce

 

[JDeere]

I gotta say, being from the Carolina’s, Texas BBQ is Good! only if they put some Apple Vinegar in they sauce

You gotta spritz that bbq occasionally with apple juice or apple vinegar while it's on a slow smoke.

I do hope that facility is real and not just another maybe. I bet if they start cranking out primers the big guys will have no choice but to get on the stick...

 

[CQB45ACP]

So where did they get $100 million to invest? $10 million is believable, but 100? Maybe borrowed from Northfork? Sorry, I’m not buying it.

 

[tightgroup tiger]

From the article: "The facility will specialize in the production of primers, a key component in ammunition manufacturing, for the small arms industry."
4th paragraph.

Thanks for that.

 

[Thomasss]

I live in TX, not to far from there. Yeah, it's true, they are aiming to be fully operational the first of 2023. They will specialize in primers, but will be making complete ammo as well, not sure yet what all ammo they will be making.

VISTA bought Remington for $81.4 million. And they knew they would have to update the old plant before they could expand production, which they are still doing. Let the locals watch the construction, etc. and get back to us as the place gets built.

 

[Mark_Mark]

You gotta spritz that bbq occasionally with apple juice or apple vinegar while it's on a slow smoke.

I do hope that facility is real and not just another maybe. I bet if they start cranking out primers the big guys will have no choice but to get on the stick...

Any competitor to Vista is a good thing!

 

[CQB45ACP]

VISTA bought Remington for $81.4 million. And they knew they would have to update the old plant before they could expand production, which they are still doing. Let the locals watch the construction, etc. and get back to us as the place gets built.

So ALL of Remington ammunition (an ongoing/operating company with real employees, production, sales, distribution, etc. already in place) cost just $81 mil? And our Texas friends are spending $100 million “so far” just to begin? I’m really, really not buying it.

 

[johnjohn]

Will be great if true. But I'm not holding my breath.

 

[higgite]

So where did they get $100 million to invest? $10 million is believable, but 100? Maybe borrowed from Northfork? Sorry, I’m not buying it.

Yeah, to be able to invest $100 million with an annual revenue of $1.49 million, they must have a lot of collateral or a very successful GoFundMe account or an inept proofreader. Or, maybe they're taking pre-orders for primers.

 

[Hartkopf]

There is plenty of funny money near the top. Regular old machine shops in Texas are getting bought by investment groups, numbers are shuffled, owners sell out and do well, no real increase in production is achieved, numbers are shuffled, investors are misled, names are sometimes changed, numbers are shuffled. The funny money at the top doesn’t know or doesn’t care. Point is, there’s LOTS of money looking for any crap to invest in. In this case, I’m glad there’s money for it.

 

[CQB45ACP]

There is plenty of funny money near the top. Regular old machine shops in Texas are getting bought by investment groups, numbers are shuffled, owners sell out and do well, no real increase in production is achieved, numbers are shuffled, investors are misled, names are sometimes changed, numbers are shuffled. The funny money at the top doesn’t know or doesn’t care. Point is, there’s LOTS of money looking for any crap to invest in. In this case, I’m glad there’s money for it.

So, I have a couple of sheds in my backyard. I’ll clean em out, send you a map, and you invite the funny money.

 

[Mark_Mark]

So, I have a couple of sheds in my backyard. I’ll clean em out, send you a map, and you invite the funny money.

you have to use buzz and trend words.

Traditional and Rustic Made, CQB45USA makes primers for the Domestic market with old world imports technologies. Built on the Homestead Headquarters in Fairfax Virginia

 

[twarr1]

Expansion Industries has a long history of “about to do something”. The SEC lists a single Form D showing EI offered one round of investment paper in the amount of $15 million of which $0 has been sold.
$100 million “invested” is clever press release wording. This is a prime example of the new phenomenon of “Fake it till you make it”.

 

[RealGun]

They didn't say who would get the primers. There is no obligation to supply reloaders any more than there is now. I think the large orders usually win.

 

[Mark_Mark]

Expansion Industries has a long history of “about to do something”. The SEC lists a single Form D showing EI offered one round of investment paper in the amount of $15 million of which $0 has been sold.
$100 million “invested” is clever press release wording. This is a prime example of the new phenomenon of “Fake it till you make it”.

We all should learn from “Fake it till you Make it” This is between the Owners and Investors. 100 million = not my money !

GOOD LUCK TEXAS!

 

[twarr1]

We all should learn from “Fake it till you Make it” This is between the Owners and Investors. 100 million = not my money !

GOOD LUCK TEXAS!

My point was: there are no investors. The $100M is either a) made up, b) refers to the previous investment by the DOD in the Hooks G Line that Expansion Ind is supposedly buying.
Shame on Texarkana Gazette for promoting this myth.

 

[markr6754]

According to CNN (Fake News?) the company took out a $1-2 M PPP loan in 2020.

 

[Cliff6]

May fake, maybe not. I'm wishing them the best and hope they produce. I've got nothing to lose and lot's to gain.