1/30/2012 Freedom Group, Inc., announced it has finalized an agreement to acquire certain assets of the innovative handgun manufacturer Para USA, Inc. A press release sent out this morning quoted Chief Sales and Marketing Officer of Freedom Group Inc., E. Scott Blackwell as having said: "We welcome Para into the Freedom Group Family of Companies," stated. E. Scott Blackwell, Chief Sales and Marketing Officer of Freedom Group Inc. "Para USA is a leader in handgun technology and their fine products exemplify quality, innovation and performance. Para is a perfect complement to our industry-leading family of brands, and our success in 2011 with the Remington R1-1911. We look forward to deploying both human and financial resources to continue to develop and supply current and future handguns for consumers and our channel partners. We also wish to thank all its employees for their continued dedication that has made Para a success." Para will continue its daily operations out of its Pineville, NC-based facility. For more information, visit the Freedom Group.
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