Rep. Carolyn Maloney (D-N.Y.), chair of the House Oversight Committee, has opened an investigation into five U.S. gun manufacturers in the wake of the Texas school shooting. Maloney sent letters Friday ahead of a hearing on gun violence on June 8 to Bushmaster Firearms (pdf), Daniel Defense (pdf), Sig Sauer (pdf), Smith and Wesson (pdf), and Ruger (pdf) asking for…
House Oversight Committee to Probe Gunmakers After Texas School Shooting
Florida Gunmaker KelTec Sending 400 Semi-Automatic Rifles to Ukraine
March 21, 2022
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A Florida gunmaker called KelTec is sending 400 semi-automatic rifles to Ukraine to help civilians fend off the Moscow-led invasion after a longtime customer to the company placed an order and then disappeared. Adrian Kellgren, founder of the family-owned firearms developer and manufacturer, told The Associated Press in a March 18 report that he was left holding a…
Gun-Maker Remington Relocates Global Headquarters From New York to Georgia in $100 Million, 856-Job Deal
November 9, 2021
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Gun-maker Remington is to relocate its global headquarters from New York to LaGrange, Georgia, where it plans to open a “new advanced manufacturing operation” and “world-class research and development center,” the company announced on Monday. In a statement, the company, which is the United States’ oldest firearms manufacturer, said it plans to invest $100 million in the operation and…
Czech Gunmaker Bets on Riding Colt Into New Markets
PRAGUE—For Czech gun maker CZG-Ceska Zbrojovka Group, its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name. Shares of CZG, which listed on the stock market last October, have surged 60 percent…
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