Article

2023-12-10 Economy

[Newsweek] Vista Outdoor, a parent company to many firearms businesses, told Newsweek that it will substantially increase its ammunition prices due to "an anticipated global shortage of gunpowder."

The Minnesota-based company confirmed the authenticity of a December 1 letter sent to customers that it would go ahead with an across-the-board increase of its ammunition and gunpowder prices on January 1.

"Due to world events our suppliers have notified us of unprecedented demand for and an anticipated global shortage of gunpowder, and thus has increased our prices substantially," Vice President of Sales, Sporting Products Brett Nelson said in the letter. "We must therefore raise our pricing to help offset those increases."

Companies that will increase their prices include Remington, Alliant Powder, CCI, Federal, SEVI-Shot and Speer. The following increases include:

Posted by Besoeker 2023-12-10 08:43|| || Front Page|| [11133 views ] Top

#1 "an anticipated global shortage of gunpowder for non-governmental buyers."

There... FIFY

Posted by Warthog 2023-12-10 09:21|| 2023-12-10 09:21|| Front Page Top

#2 make the first shot count!

Posted by Jack Creanter7508 2023-12-10 09:45|| 2023-12-10 09:45|| Front Page Top

#3 Looks like most increases are less than 2%, under average for Bidenomics. Newsweak making news again.

Posted by Bobby 2023-12-10 11:24|| 2023-12-10 11:24|| Front Page Top

#4 Considering most commercial ammunition doesn't use gunpowder, you have to wonder. Did he mean nitrocellulose?
Sounds like ammunition for Christmas.

Posted by ed in texas 2023-12-10 14:16|| 2023-12-10 14:16|| Front Page Top

09:27 Warthog
09:11 Mercutio
09:07 AlmostAnonymous5839
08:52 Matt
08:24 Matt
08:20 SteveS
07:43 Procopius2k
07:42 BrerRabbit
07:42 Procopius2k
07:39 Procopius2k
07:36 Procopius2k
07:35 Procopius2k
07:34 trailing wife
07:31 Procopius2k
07:30 NN2N1
07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker
05:28 Whiskey Mike