If the media is to be believed, gun companies are all making money hand over fist: Black Friday gun sales set all time records and the re-election of President Obama has sparked impulse buying. However, there are a few companies that are experiencing some difficulties right now.
A fire in mid-November shut down the Dan Wesson Firearms plant, halting all production of their guns. The good news is only one employee was injured, and he or she did not need hospitalization. The bad news is the company does not expect to re-open for business in 2012.
Superstorm Sandy wiped out the Henry Repeating Arms manufacturing facility in Bayonne, NJ in late October. An estimated three feet of seawater flooded the facility, damaging at least 100 of the company’s manufacturing machines. Additionally, parts of the facility’s roof was destroyed and some inventory was soaked with sea- and rainwater.
