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Sunday, November 4, 2012

Remington Buys Tapco

Popular shotgun and rifle accessory maker Tapco was acquired by Remington which is owned by a company called The Freedom Group which in recent years has been gobbling up companies in the gun industry from my observation. The ownership information from their website you tells you they currently own Remington®, Bushmaster® Firearms, DPMS/Panther Arms™, Marlin®, H&R®, The Parker Gun™, Mountain Khakis®, Advanced Armament Corp. ®, Dakota Arms®, Para™ USA and Barnes® Bullets.

All these companies are mainly firearm companies and with the purchase of Tapco they can now secure a spot in the firearm accessories market too. 

From what has been released it appears things for the most part at Tapco will continue to be the same as they will still retain most of their employees and as before produce out of Georgia. Which means no American jobs will be lost which is a good thing.

In addtition to owning these companies the Freedom Group also has some media interest too, having acquired the popular Firemarm Blog as well.

Lets hope this will mean better quality goods and lower prices for consumers.

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