Just a thought. If Trayvon Martin had owned a CCW permit, he might be alive today. /s
While CNC equipment has helped the small gunmaker as the article says, it’s just that CNC equipment exists. After all, CNC equipment has been around the US machine industry in ever-larger numbers since the 80’s.
What’s happened is that US manufacturing is on the third wave of CNC equipment, and now some of the older equipment is available in the used market for very reasonable prices. You can find a for-real vertical machining center (eg, a Fadal 40x20 mill) for as little as $10K. A brand-new Haas mill would run $70K, which is enough money to completely outfit a gunsmith’s shop with classic manual machinery.
The reason why the older equipment works is that guns don’t demand especially tight tolerances... so an older machine that can hold maybe 0.001” tolerance might be unacceptable in some sectors of manufacturing, but it’ll work for making guns just fine...
At least there’s one sector of the economy Obama really can take credit for...
Yes, the explosion in gun manufacturing is good for the economy, but it especially good for the U.S. Constitution.
The ability for about any small size machine shop to be able manufacture weaponry is a big plus for staying armed.
The weak link isn’t arms though, its ammunition. Making cased ammunition from scratch is much more difficult than making the gun that it goes in.
I have been looking to take advantage of this from an investment stand point. The only publicly traded company I could find was Olin (OLN). Any suggestions as to other companies?
Sturm Ruger Stock is up like 360%
****A little more than a decade ago, the domestic firearms industry was staggering like a villain on the wrong side of Dirty Harrys .44 Magnum.****
1962 they only wanted to register handguns.
1965 they wanted to register all guns.
1968 PANIC! They got a backdoor handgun registration scheme and a ban on foreign made small guns and banned the import of those evil 5 shot bolt action army surplus rifles.
1972 they wanted to ban small handguns.
1976 they wanted to ban all handguns.
1981 PANIC! they promised to ban handguns and leave rifles and shotguns alone.
1988 they only wanted to ban all handguns and military “assault rifles”.
1993 they banned assault rifles with certain characteristics for 10 years.
2001 Gun control is on a roll! Assault rifles were to be permanently banned, .50 cal rifles were now in their sights! Only a handgun ban was next and they were working on that!
Then 19 Arabs flew four jets into buildings in NY, Washington. Citizens fought back and the 4th crashed in a field.
America woke up and said “WOAH! to gun control..I just might need that handgun and assault rifle at home after all”.
Hawaiis Gun Dealers Thank President Obama