Accurate Powder Co. SOLD??????

[De41mag]

I was at the range today, talking to a shooting and reloading friend.
He told me that Accurate Powders has been sold to some other company.  :shock:
He shoots and reloads for 40 S&W and 45 ACP. He uses alot of AA#5 and AA#7. And myslef just started using AA#5 in my 45ACP. He said he cannot find Accurate powder nowhere, at reasonable price. He did say that at one gun shop where the powder was $17.99/lb. was now $25.00/lb.
Has anyone else heard of the sale or takeover?  :eek:

Dennis

[Reed1911]

WELCOME!
PRESS RELEASE

For Immediate Release

For further Information Contact:          

Brenda Kneeland

Vice President

Phone:  406-232-0422

MILES CITY, MONTANA – Western Powders, Inc. announces the asset purchase of Accurate Arms Company, Inc.

We’re pleased to announce that effective September 3, 2004, Western Powders Inc. has acquired the Accurate brand of reloading powders.  “Accurate Arms has a long history of providing the shooting sports public with quality reloading powders and we look forward to continuing that tradition,” said Doug Phair, President of Western Powders, Inc.  “Accurate has a strong offering of spherical and extruded powders covering the full range of shooting disciplines.  The Accurate line is a complimentary fit with our Ramshot brand of products and I want to assure the shooting public that we have no plans to consolidate or eliminate any offerings in the Accurate line.  Our focus over the next several months will be on providing the reloading community with updated data and improving the performance criteria of Accurate products.”

Many of Accurate’s products enjoy strong support from the shooting community.  Phair added, “Solo 1000 has an excellent reputation with the Trap shooting public and many of Accurate’s rifle and handgun powders are preferred by accomplished shooters.  We are very excited about the potential for market growth and will be focusing our attention on improving distribution and availability of the Accurate line throughout North America and Europe.”

All operations involving Accurate Arms have been moved from McEwen, Tennessee to Miles City, Montana and no disruption of service is anticipated.  Further information regarding Accurate Arms powder can be obtained by calling Western Powders, Inc. at 406-232-0422.

[Runs with Scissors]

There will be more mergers and aquisitions in the propellant/explosive industry. The cost of product liability insurance is likely the manufacturers highest overhead concern. It has more than doubled in the last decade.
And, if you think about it, our cost of buying reloading propellant has also doubled in the same period.

Bill
Take an attorney hunting. Come home alone.