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To: AlmaKing
I wonder what the former owner of Bushmaster "bought back" from Cerberus, given that Bushmaster is still operating under the latter's ownership? Maybe he bought his way out of a non-compete agreement or something.

"Manufacturing" an AR these days is all about the logistics of sourcing parts from other companies. Even High Standard, maker of .22 pistols for generations, has a line of AR rifles.

15 posted on 11/22/2012 6:51:36 PM PST by Charles Martel (Endeavor to persevere...)
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To: Charles Martel

He had a 5 year no compete agreement and a 5 year no move agreement that expired on the same day. When they moved the factory and fired the workers, they figured 77 was too old for him to come back.

Fail.

Walmart has the 16” SRC for $799.


17 posted on 11/22/2012 7:03:32 PM PST by Jim Noble (Diseases desperate grown are by desperate appliance relieved or not at all.)
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To: Charles Martel

There were a lot of former employees of Bushmaster there in Maine, as well as the physical plant. I don’t know how much machinery Bushmaster moved to NY state when they moved the plant.

Richard Dyke’s non-compete agreement ran for 5 years, starting in 2006 - ie, I don’t think he had to buy anything there. Dyke was leasing some plant space or something to Freedom Arms Group - that might have been something he had to terminate or buy out.

As soon as Windham was formed, he gathered together some investors, then reached out to former employees there in Maine, they “got the band back together” of employees who wanted to make rifles again and ta-da.

It’s good to see a company who cares about quality in the market. There’s a ton of crappy low-rent schlock I’m seeing flooding into the market.


28 posted on 11/23/2012 10:35:09 AM PST by NVDave
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