...the 5th largest manufacturer of ammunition in the US, buys much of its supplies from the Department of Defense by way of used brass casings. They have recently been notified by the DoD that they will no longer sell the casings to GA, but will instead shred the brass and sell it in bulk to...China...at a fee that is significantly less than GA is paying for the cartridges today. GA is likely going to lay of 40-50% of its workforce in the next 3 months as a result of this decision.
I sure Hope this decision is Changed...
Of course, the proposed tax on ammunition that is meeting much resistance surely couldn't have any bearing on this...
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