Smith & Wesson Brands, Inc. Announces Record and Distribution Dates for American Outdoor Brands, Inc. Spin-Off

SPRINGFIELD, Mass. – Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), one of the world’s leading providers of firearms and quality products for the shooting, hunting, and rugged outdoor enthusiast, today announced that its board of directors has approved the previously announced separation from Smith & Wesson Brands, Inc. of its outdoor products and accessories business into an independent, publicly traded company. Upon consummation of the spin-off, the two companies will consist of:

  • Smith & Wesson Brands, Inc., which will include the firearms business; and
  • American Outdoor Brands, Inc., which will include the outdoor products and accessories business.

Smith & Wesson Brands will effect the separation through a spin-off whereby it will distribute 100 percent of the shares of American Outdoor Brands common stock to Smith & Wesson Brands’ stockholders of record as of the close of business on the record date of August 10, 2020 on a pro rata basis. The distribution of American Outdoor Brands’ shares is expected to be completed effective as of 12:01 a.m. Eastern Time on August 24, 2020, with Smith & Wesson Brands stockholders receiving one share of American Outdoor Brands common stock for every four shares of Smith & Wesson Brands stock. No fractional shares will be distributed in connection with the spin-off. A cash payment will be made in lieu of any fractional shares. Read more

Henry Repeating Arms Company Recalls H015-series Single Shot Rifles, Single Shot Shotguns

HENRY REPEATING ARMS
107 W Coleman Street, Rice Lake, WI 54868

RICE LAKE, WI – Henry Repeating Arms Company announced that it is voluntarily recalling all H015-series Single Shot Rifles and Single Shot Shotguns manufactured prior to July 1, 2020. Henry has recently discovered a potential safety issue wherein, under certain conditions, it is possible that some of these models may discharge without the trigger being pulled if the hammer is partially cocked and released. To prevent the possibility of death or serious personal injury, you should immediately stop using all H015-series Single Shot Rifles and Single Shot Shotguns and not load or fire them until they have been upgraded.

The safety issue leading to this voluntary recall was discovered internally while testing the existing fire control system for a trigger pull upgrade. This is the first product safety recall in the company’s nearly 25-year history. Although not every Henry H015-series firearm may be affected, Henry Repeating Arms is requesting that all Single Shot Rifles and Single Shot Shotguns be returned to be upgraded free of charge pursuant to this recall to prevent the possibility of the firearm discharging without the trigger being pulled. All H015 owners should visit the Henry H015 Recall website at HenryUSA.com/recall, email recall@henryusa.com, or call 1-866-200-2354 (M-F, 9am ET-5pm ET) to obtain additional information and begin the upgrade process. Read more

Savage’s Rascal Minimalist Brings Style to Micro Rimfire

Westfield, Massachusetts – July 30, 2020 – Savage Arms has taken the quintessential introductory rimfire in another bold direction. The new Rascal Minimalist mirrors the stylish lines and laminate stock of its bigger brother, Minimalist, yet retains the features and compact sizing that has made Rascal America’s favorite firearm for teaching kids marksmanship and safety skills.

“The laminate stock and bright color combinations of Rascal Minimalist make this a stylish rifle,” said Beth Shimanski, Director of Marketing for Savage. “And it demonstrates, again, Savage’s commitment to providing the very best tools to every shooter—even those who are just learning to shoot.”

Savage’s Rascal is built on the industry’s safest micro rimfire action. Like the rest of the Rascal family, Rascal Minimalist is a single-shot rifle that cocks by lifting the bolt. It unloads just as easily – without the need to pull the trigger. The design builds superior shooting skills thanks to full-size rifle features, including Savage’s user-adjustable AccuTrigger™ system and a threaded (1/2-28) barrel. Read more

Michigan: Learn to Wing Shoot with August 20 Class

Have you ever wanted to learn to wing shoot? Then this class is for you – come join the fun!

You will learn the basic skills of holding and shooting a gun at a moving target. No shotgun experience is necessary. Shotgun and ammunition will be provided, or you can bring your own shotgun.

Registration is $20. Class size is limited to 15 students. You must be 18 or older to attend. Frankenmuth Conservation Club is located at 8415 E. Curtis Road in Frankenmuth.

For more information or to register, contact Bill Fischer at 989-395-5945 or FischerW@Charter.net.

Participants should bring their own eye and ear protection. Although this is an outdoor program and proper social distancing of at least 6 feet is required, participants still are encouraged to wear face coverings as an added precaution.

Remington Outdoor Company, Subsidiaries File for Chapter 11 Reorganization

  • Company seeks “going concern” sale to complete restructuring
  • Operations to remain ongoing during restructuring process

Huntsville, AL – Remington Outdoor Company (“Remington” or the “Company”), a leading manufacturer of firearms and ammunition, announced today that Remington and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Alabama (the “Court”). The Company intends to conduct a competitive bidding process for the sale of some or all of its assets pursuant to Section 363 of the Bankruptcy Code.

The court’s protections during the Chapter 11 process will enable the Company to manage the sale process on an expedited basis while protecting the interests of its customers, employees and other stakeholders. Remington is in active discussions with a number of parties and will continue to engage with parties interested in a going-concern sale. The Company expects to solicit bids prior to an auction to be held in September 2020.

The Company has filed with the Court a motion to approve the use of cash collateral securing its existing Priority Term Loan. Subject to court approval, this cash collateral, combined with cash from operations, is expected to provide sufficient liquidity to, among other things, support the company’s continuing business operations and to minimize any disruption during the sale process. The Company has also filed with the Court a series of customary motions seeking to continue operating its business and facilities. These “first day” motions include requests to continue to pay wages and provide benefits to employees as usual. Read more

SIG Brings SIG-Anti-Snag Technology to P938

SIG Brings SIG-Anti-Snag (SAS) Technology to P938

NEWINGTON, N.H. – SIG SAUER, Inc. is pleased to introduce the P938 SAS (SIG Anti-Snag) pistol, bringing new innovation to this popular lightweight, micro-compact, concealed carry pistol.

“When we introduced the SAS technology with the P365 it was immensely popular, and the demand for this new technology in the concealed carry market was immediate. The SIG P938 is a very popular micro-compact pistol, so the addition of the SAS technology was a natural fit for this platform,” said Tom Taylor, Chief Marketing Officer and Executive Vice President, Commercial Sales. “Our proprietary SAS technology removes all the snag points from the pistol for a seamless draw. The integrated, flush-mounted FT Bullseye sight mounted directly into the slide is intuitive, and easy for the untrained eye to pick-up for fast target acquisition.” Read more

Galco’s Hidden Open Carry Options

PHOENIX –

Effective concealment is difficult when hot weather arrives and we wear fewer
layers of clothing. One solution is holsters carried openly that don’t look like holsters – what we at Galco call “hidden open carry”. This category includes day planners, and Galco offers three distinct variations.

Masquerading as a day planner, the Defense Planner™ opens to reveal a handgun and spare ammunition. Galco’s smallest planner, it measures only 8 ¼” long by 6 ½” wide and fits compact defensive handguns, retailing at $97.

The Hidden Agenda™ hides a handgun and spare ammo while also being a fully
functional day planner. The separation of holster compartment and business tools offers complete discretion. It comes with a calendar and pad of ruled paper, measures 9 1/4 ” long by 7″ wide, and fits most full-size and compact defensive handguns. It retails at $172. Read more

80% Arms Introduces World’s First Modular Polymer 80% Pistol, GTS-9

Garden Grove, California – 80% ARMS is proud to announce the addition of the GST-9 to their aftermarket Glock® compatible product line. Engineered from the inside out to improve upon the original Glock® design, the GST-9 frame consolidates features not found anywhere else.

The complete GST-9 pistol kit contains everything needed to build a top-tier handgun at a production level price. The GST-9 capitalizes on all the strengths of the Generation 1-3 Glock® platform, while also incorporating the most popular aftermarket upgrades as standard features.

According to Jeff P., Operations Manager, “customers will be able to go from opening the mail to a competition or defense ready pistol in under 15 minutes.” Due to recent ATF regulations, the jig and frame rails for the GST-9 must be purchased separately from the GST-9 80% lower. Each jig includes one set of GST-9 frame rails. Frame rails are included with the jig, not with the 80% lower itself. Read more

Savage Southpaw Precision Rifles

WESTFIELD, Massachusetts –– In keeping with its long tradition of supporting southpaw shooters, Savage is pleased to announce the debut of new left-handed models of their dynamic Precision Series rifles. New Model 110 Elite Precisions and 110 Precisions will be available this summer, making precision long range shooting accessible to any left-handed marksman.

“Savage has built an extensive catalog of left-handed firearms, quite possibly the largest in the industry.” said Beth Shimanski, Director of Marketing for Savage Arms. “Our customers come to expect it from us and these new Precision rifles once again demonstrate our commitment to serving all of our customers, equally.”

110 ELITE PRECISION LEFT HAND

The 110 Elite Precision has changed the way shooters think of off-the-shelf rifles. The Model 110 action rides in an Adjustable Core Competition chassis from Modular Driven Technologies (MDT). From its full-length ARCA rail to its nitride coatings, this is a rifle built for a lifetime of Elite Precision. Read more

Springfield Armory Introduces Ronin Operator 4.25-inch 1911

GENESEO, ILL. (07/14/20) – Springfield Armory® is proud to introduce the Ronin™ Operator® 4.25″, a lightweight, rugged and reliable 1911 pistol built for a lifetime of service at an MSRP of just $849.

Available in 9mm and .45 ACP, the Ronin Operator 4.25″ offers shooters an exceptional pistol with the strength and durability they have come to expect from a Springfield Armory firearm. This is accomplished through the use of a forged carbon steel slide, lightweight forged alloy frame and a forged barrel. The result is a pistol that combines thoroughly modern precision manufacturing with a proven approach to quality and performance.

The pistol features a traditional barrel bushing system that matches up with its 4.25″ match grade barrel. The barrel itself is fully supported and ramped, lending additional strength to the design and ensuring consistent and reliable functioning.

“Since its release earlier this year, the full-size Ronin Operator has been extremely popular due to its combination of impressive features and pricing,” says Steve Kramer, Vice President of Marketing for Springfield Armory. “The new Ronin Operator 4.25″ adds a lighter, more compact option for those who love carrying the legendary 1911.”

The Ronin Operator 4.25″ sports a beautiful two-tone finish, with the forged alloy frame featuring a satin aluminum Cerakote finish and the forged carbon steel slide a hot salt blued finish. Lightweight and comfortable to carry, it weighs in at 29.5 ounces in the .45 ACP version and 31 ounces in the 9mm variant. Read more

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