Gun company ownership is being centralized by Freedom Group and Cerberus
2011-12-08 0:00

From: accurateshooter.com


Cerberus Capital Management could cut off all gun and ammunition sales in the US. Many Americans are totally unaware that Cerberus has for the past decade acquired nearly every gun and ammunition maker in the United States and consolidated them into a holding company called The Freedom Group.

There has been some rumors that George Soros is connected or even owns Cerberus. This have been refuted by a number of people looking into the claim. It doesn’t make it any less concerning though. Cerberus has a lot of it’s tentacles in the pie.

"Cerberus, the hound from hell, was the guard dog of the gates of hades (hell)". If you haven’t heard about Cerberus before. Read this article: Cerberus: Guarding the Gates of Hell - Dynecorp, Pegasus, BP, Goldman Sachs - Gulf Oil Disaster Planned?

Cerberus Capital Managment, through its Freedom Group holding company, has acquired yet another well-known gun industry company: Barnes Bullets. On December 31, 2009, Freedom Group, Inc. entered into a purchase agreement to acquire certain assets of Barnes Bullets.

In recent years, Cerberus/Freedom Group has acquired Remington, Bushmaster, Marlin, H&R, DMPS and other smaller firearms-related companies. By acquiring Barnes, the Freedom Group gains entry into the ammunition component business at a time when brass, bullets, and powder remain in high demand. As the Freedom Group continues to build a vertically integrated firearms-related mega-corp, one wonders if Cerberus will look to acquire a powder-maker next. Freedom Group already sells Remington-brand factory-loaded ammunition.

Barnes Bullets, located in Mona, Utah, is the industry-leading supplier of copper bullets, including copper-tin composite core bullets. Barnes is a major player in the “lead-free” bullet market. This has become important as lead-core bullets have been banned in many hunting areas, and lead-free bullets are required in many indoor shooting facilities. Barnes Bullets will continue day-to-day operations at Utah facility under the guidance of company founder, Randy Brooks.

Ted Torbeck, CEO of the Freedom Group, Inc. stated: “With the acquisition of Barnes, the Freedom Group continues to demonstrate our commitment to the ammunition business. Barnes offers a premium line of high performance bullets for the hunting and shooting communities; and for law enforcement, military and commercial consumers. We are excited about their R&D capabilities and the breadth of the products they bring to our portfolio.”

Freedom Group is now one of the world’s largest producers of guns and ammo. Freedom Group brands include Remington, Bushmaster, DPMS/Panther Arms, Marlin, H&R, NEF, LC Smith, Parker, EOTAC, AAC, Dakota and INTC. The company distributes its products throughout the U.S. and in over 80 foreign countries.

Source: accurateshooter.com



Related Articles


Latest News from our Front Page

Obama Administration Likely to Block New Redskins Stadium
2015-07-07 23:03
The Obama administration will likely block Washington, D.C., authorities from building a new stadium for the NFL’s Washington Redskins because of objections to the team’s name. The National Park Service (NPS) owns the land under the 54-year-old Robert F. Kennedy Memorial Stadium, a venue two miles east of the Capitol that hosted the Redskins from 1961 to 1996. Some city leaders ...
Safe spaces, white tears and getting kicked out of a women's group - by two men
2015-07-07 21:37
Lately I've been kicked out of a couple of groups I belong to, for daring to question received wisdom or refusing to go along with the rules of identity politics. For instance, I was thrown out my university women's group -- by two men! -- for questioning an article on Jezebel about "cultural appropriation." They explained that the group was supposed to ...
Ghost rider in the sky: Scientists use lasers to project movie onto clouds
2015-07-07 20:08
A green ghost rider appeared in the sky over the British city of Nottingham when scientists started testing a newly developed projecting device which allows the beaming of moving images directly onto clouds for the first time ever. The image of a galloping horse rider was projected onto the clouds from a distance of 50 meters by a special laser-based projection ...
China’s stock market is crashing, and the Chinese are trying to do the exact same thing America did in 1929
2015-07-07 19:36
‘While European attention is focused on Greece, China is having a serious market meltdown. After exploding earlier in the year because of deregulation, China’s benchmark Shanghai Composite has collapsed a crazy 29% since the highs of early June. China’s other stock markets have had similarly steep falls. Bloomberg notes that the crisis is closely mirroring the 1929 Wall Street crash, which led ...
Oregon Is First State to Charge Drivers for Each Mile They Drive
2015-07-07 19:18
When he's not riding his bicycle, Rep. Earl Blumenauer, an Oregon Democrat, said he's driving a fuel-efficient hybrid, and that's a problem, because it means he's not paying his "fair share" for highway maintenance. Blumenauer says that's why he signed up for OReGO, the nation's first program to charge drivers based on the number of miles they drive. The program launched on ...
More News »