Saturday, February 22, 2014

Is LWRC being bought Colt, then bolting Maryland? Gun control costs state ANOTHER 300 jobs.

 10x10_LWRC-Logo_V01

The Firearms Blog is claiming that AR manufacturer LWRC is being purchased by Colt:
A well placed source just told us that Colt is buying LWRC for $60 million. The deal is supposed to close on 1 March. The Maryland company may relocate to Florida or Texas and the LWRC M6 Individual Carbine (M6IC) rifle will become a Colt branded product.
TFB has more details at the link above.

The sale, if confirmed, would confirms a hunch from Jon Stokes of AllOutdoor:

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