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CCI was founded by Dick Speer (brother of Vernon Speer, who founded Speer Bullets) in the early 1950s. Arvid Nelson was a partner in the business. The firm's first shipment was part of a defense contract to make primers using chlorate FA-70. CCI later moved on to much safer formulas for sporting ammunition.
Both involved compensation paid to owners of firearms made illegal by gun law changes and surrendered to the government. Bought back firearms were destroyed. [4] The Government increased the Medicare levy from 1.5% to 1.7% of income for one year to finance the 1996 buyback program. The program was budgeted to cost $500 million.
Vista Outdoor was the parent company to many ammunition makers, including Federal, CCI, and Remington. [5] In November 2024, Vista Outdoor separated its outdoor products business into an independent, publicly traded company, Revelyst, and the shooting products business, called Kinetic Group, became a wholly owned subsidiary of Czechoslovak ...
OLYMPIA — A suburban Seattle gun shop and its former owner will pay $3 million for selling high-capacity ammunition magazines despite a state ban, the Washington attorney general said Tuesday.
According to eBay policy, if a buyer opens an Item Not as Discussed (INAD) ticket, then you must accept the return and refund the money. The buyer keeps the items and sends an empty box back ...
As of 2018, Savage Arms' sales made up just 7% of Vista Outdoor's overall business. [18] As of May 2018, Savage Arms had 367 workers at its factory in Westfield, Massachusetts. [13] On July 9, 2019, Vista Outdoor completed the sale of Savage Arms [19] and Stevens Arms for $170 million to a group of investors led by Savage's management. Vista ...
[60] [61] [62] In addition, the government announced an amnesty and buy-back scheme for prohibited firearms and components, [63] [64] [65] which was later extended to 20 December 2019. [66] As part of the buy-back program, the New Zealand Police organised a series of nationwide local collection events for gun owners to hand in prohibited ...
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