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Full Version: Freedom Munitions Files Bankruptcy Petition
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Wasn't sure where to post this:

According to a public filing in Nevada, Freedom Munitions and its parent company Howell Munitions, recently petitioned the court for bankruptcy protection. Information subitted to TFB from several anonymous sources pointed to two cases outlined at inforuptcy.com, showing filing dates of 6/8/2018 and 6/11/2018. Information is slim at the moment, but the court information states that both Freedom Munitions’ assets and liabilities lays somewhere between $10M and $50M.
 
http://www.thefirear...ons-bankruptcy/
 
I hate to see this because I order a lot of ammo from them. I have noticed lately that they have been out of stock on a lot of their ammo, I guess this explains it.
I saw this yesterday. I'm sure the slow gun market effects them too. I also think they haven't been able to compete since the ammo prices have dropped again. Most people won't buy Freedom reman 9mm at $200/case when you can get Federal delivered to your door for $160/case.
(06-12-2018, 05:35 PM)Ronin.45 Wrote: [ -> ]I saw this yesterday. I'm sure the slow gun market effects them too. I also think they haven't been able to compete since the ammo prices have dropped again. Most people won't buy Freedom reman 9mm at $200/case when you can get Federal delivered to your door for $160/case.

Where are you getting the price for the Federal?  That's a good price.
(06-13-2018, 12:00 PM)David Wrote: [ -> ]
(06-12-2018, 05:35 PM)Ronin.45 Wrote: [ -> ]I saw this yesterday. I'm sure the slow gun market effects them too. I also think they haven't been able to compete since the ammo prices have dropped again. Most people won't buy Freedom reman 9mm at $200/case when you can get Federal delivered to your door for $160/case.

Where are you getting the price for the Federal?  That's a good price.

Brownells .They have been running discount codes every few days for several months. The ammo has been anywhere from $155-162 recently. Shipped to your door.
Follow MrGunsandGear on Facebook. He always posts the discount codes and links
Slow gun market? The FBI processed more gun background checks through the NICS for May 2018, setting a new all-time record breaking the record set last year in November of 2017.

Prices on factory ammo has dropped and prices for reloading components has dropped except for the projectiles. Ammo and components are redly available. It is a classic case of supply and demand. There is excess supply in the market so things have gotten cheaper for the consumer.

Small reloading companies are hurting as there is a small margin of profit in re-manufactured ammo. With the cost of big factory ammo dropping the smaller reloader operations are hurting. The shop I get my powder from has stopped reloading anything but 45ACP, 223, and 308. They are selling a lot of those bullets at very low prices. Go back 3 years and they loaded 2 dozen calibers. They dropped the ones that are not making the profit margin they need. They will set up a press and do a custom run but it has to be at least 4k of ammo. Their business is running off the powder, primer, reloading equipment, and gun part sales right now.

If I didn't have a good supply of ammo in the basement I would be ordering and stacking it deep.
(06-13-2018, 03:03 PM)Ronin.45 Wrote: [ -> ]
(06-13-2018, 12:00 PM)David Wrote: [ -> ]
(06-12-2018, 05:35 PM)Ronin.45 Wrote: [ -> ]I saw this yesterday. I'm sure the slow gun market effects them too. I also think they haven't been able to compete since the ammo prices have dropped again. Most people won't buy Freedom reman 9mm at $200/case when you can get Federal delivered to your door for $160/case.

Where are you getting the price for the Federal?  That's a good price.

Brownells .They have been running discount codes every few days for several months. The ammo has been anywhere from $155-162 recently. Shipped to your door.
Follow MrGunsandGear on Facebook. He always posts the discount codes and links

Appreciate it.