Archive for Industry Insider

Jury Deadlocks In FBI Gun Salesmen Sting

The Insider first broke the news of a 2009 sting operation by the FBI against nearly two dozen gun dealers that culminated in embarrassing arrests at the SHOT Show in 2010 in Las Vegas.

October 06, 2011

PARA Exits Tactical Rifle Market

This is a story about guns and motorcycles, but it has nothing to do with the Hell’s Angels’. It’s a story about a rifle that begins in the last century in Aldo’s Harley-Davidson shop in Massachusetts and, now, ends another chapter at PARA USA’s factory in North Carolina.

October 05, 2011

PARA Exits Tactical Rifle Market

This is a story about guns and motorcycles, but it has nothing to do with the Hell’s Angels’. It’s a story about a rifle that begins in the last century in Aldo’s Harley-Davidson shop in Massachusetts and, now, ends another chapter at PARA USA’s factory in North Carolina.

October 05, 2011

S&W's CEO Steps Down

In a surprise move, Smith & Wesson Holding Corp bought out the remaining contract of Michael F. Golden as president and CEO and appointed him to a seat on the company’s board of directors. Smith & Wesson's stock (symbol SWHC on the NASDAQ) has dropped 27 percent so far this year.

October 03, 2011

S&W's CEO Steps Down

In a surprise move, Smith & Wesson Holding Corp bought out the remaining contract of Michael F. Golden as president and CEO and appointed him to a seat on the company’s board of directors. Smith & Wesson's stock (symbol SWHC on the NASDAQ) has dropped 27 percent so far this year.

October 03, 2011

Magpul Industries Bought By New York Investors

Magpul Industries, a manufacturer of tactical accessories and developer of the Masada rifle now manufactured as the ACR (Adaptive Combat Rifle) Bushmaster Firearms, has sold a 51 percent controlling interest to private equity group for an undisclosed sum along with an additional $14.8 million in secondary financing to another investment house, Triangle Capital.

September 26, 2011

Magpul Industries Bought By New York Investors

Magpul Industries, a manufacturer of tactical accessories and developer of the Masada rifle now manufactured as the ACR (Adaptive Combat Rifle) Bushmaster Firearms, has sold a 51 percent controlling interest to private equity group for an undisclosed sum along with an additional $14.8 million in secondary financing to another investment house, Triangle Capital.

September 26, 2011

Unknown Money Men of the Gun Business

Who are the Wall Street money men investing in the gun business? The Insider is more than casually curious about three private equity investment firms that have taken significant positions in the shooting industry. Frustrating this inquisitiveness is the operative word in “private equity company,” that word being “private.” There is precious little public information about what’s going on—and the principles aren’t talking.

September 06, 2011

Help! I Can't Buy The Hottest Gun In America

The hottest selling pistol in America right now is impossible to find. Brand-new, yet a century old, this handgun is literally flying off dealer shelves. It’s not a self-defense pistol and it’s not a limited edition collectible. What is it?

August 31, 2011

Top-End Custom 1911s Sell Fast

Wilson Combat can't keep up with orders for their best models.

August 26, 2011

Top-End Custom 1911s Sell Fast

Wilson Combat can't keep up with orders for their best models.

August 26, 2011

Mouse-Gunners Revel In New Found Respect

Mouse-gunners of the world, rejoice. Your day is here, your time is now. The moment is at hand for your pipsqueak hero, the .380 ACP, to claim its spot on the podium of popularity.

August 16, 2011

.410 Revolver Popularity

Slap me upside the head and call me stupid. The Insider is supposed to have his finger on the pulse of the industry to predict trends, foresee developments and anticipate changes. However, I’ve completely missed one of the most remarkable handgun innovations in the past five years, the surging popularity of .410 revolvers.

August 09, 2011

.410 Revolver Popularity

Slap me upside the head and call me stupid. The Insider is supposed to have his finger on the pulse of the industry to predict trends, foresee developments and anticipate changes. However, I’ve completely missed one of the most remarkable handgun innovations in the past five years, the surging popularity of .410 revolvers.

August 09, 2011

Bob Morrison Leaves Lasting Legacy At Taurus

Pictured left to right: Tony Morrison, Bob's son, former NFL Hall of Famer Jack Youngblood, Bob Morrison and the Insider at the NRA's Sporting Clays Team Challenge in 2003, which we won—thanks in large measures to Bob's shooting.

August 03, 2011