On Tuesday, Olin Corp. announced that it will purchase$ 75 million worth of ammunition-making products from an Arizona-based business. The transaction is anticipated to shut in the second quarter of 2025.
The merger between Clayton-based Olin and AMMO, Inc. includes AMMO’s copper tank capabilities and a 185, 000-square-foot creation service the company owns in Manitowoc, Wisconsin, less than 50 miles south of Green Bay.
The small-caliber producing assets will be piece of Olin’s Winchester Ammunition company. According to Olin, the Wisconsin flower did “enable greater differentiation and broader involvement across high-margin specialty calibers.”
” The Manitowoc resources will expand Winchester’s management position and expand the reach and worth of our close full connectivity”, Brett Flaugher, Olin’s president of Winchester Ammunition, said in a statement. The acquired assets will allow our reputation plants to lower the cost of our current high-volume products and make it easier for us to join in higher-margin niche rounds at a cost advantage.
The AMMO offer follows Olin’s subsequent acquisition of sport-shooting firm White Flyer Targets, which closed in October 2023.
Olin’s substance firms produce items such as chloride and caustic soda, cassettes, goal and chlorinated organics. The company’s weapons section, Winchester, produces and distributes wearing ammunition, law police ammunition, reloading components, small-caliber defense ammunition and components and business cartridges.
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