North American Arms Now Employee-Owned

by
posted on August 24, 2022
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
North American Arms

As of April 26, 2022, North American Arms officially became employee-owned, as 30-year president and owner Sandy Chisholm sold the company to an employee stock ownership trust. Over a period of several years, the trust will distribute equity ownership pieces to NAA employees at no cost.

The arrangement is intended to provide employees with additional retirement benefits, as well as an added motivational incentive, as they’ll directly benefit from quality and product improvements. Chisholm also noted that he’s “had several unsolicited expressions of interest” from other manufacturers in the firearm industry.

“NAA dominates its small niche for concealed-carry firearms and enjoys an oversized brand and reputation for quality and customer service that would burnish any other manufacturer’s reputation. Unfortunately, that would almost certainly lead to a relocation of this business and the loss of jobs for all those who I want to protect and reward. This route assures that stability.” Chisholm will remain active on the NAA board and several other firearm industry associations. northamericanarms.com

Latest

TU 33 Studio01
TU 33 Studio01

The Norinco TU-33/40: A Rimfire Mauser Lookalike from China

The Norinco TU-33/40 is, at a glance, a copy of a Mauser 98k with a few choice details that give away the fact that it’s not a big-bore World War II workhorse.

AI Tools Enter the Used-Gun Market

Companies that deal in the used-gun market are not shy about sharing the advantages their AI-driven tools and services.

Standing Guard | Standing on the Line for Freedom

This past August marks 46 years since I raised my right hand and was commissioned as an infantry officer in the United States Marine Corps. In the summer of 1980, I entered active duty with a firm sense of civic duty and a deep desire to serve our great nation. Like so many who wear the uniform, I was ready to contribute directly to the defense of freedom.

Making Baschieri & Pellagri Shotshells

Italy is known for its many makers of fine-quality shotguns, but what many might not known is that Italy is also home to one of the industry's top manufacturers of shotshells for hunting and sporting use: Baschieri & Pellagri.

Rifleman Interview: Volquartsen Firearms

Several of Volquartsen’s excellent rimfire firearms were on display at “Plinkapalooza” earlier this year.

Army Purchases EOTECH Electro-Optics

EOTECH recently announced that the U.S. Army had purchased 14,000 of its lasers, holographic optics and magnifiers for use on the military's M7, XM8 and M250 platforms.

Interests



Get the best of American Rifleman delivered to your inbox.