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-electionÂ of President Obama has sparked impulse buying. Â 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. Â The good news is only one employee was injured, and he or she did not need hospitalization. Â 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. Â An estimated three feet of seawater flooded the facility, damaging at least 100 of the company’s manufacturing machines. Â Additionally, parts of the facility’s roof was destroyed and some inventory was soaked with sea- and rainwater.