Industry Notes

MADISON, N.C. — Remington Arms Company, Inc. reported financial results October 27, including Adjusted EBITDA and net income, for the quarter and year-to-date periods ended September 30, 2008.

CHARLOTTE, N.C. -- Para USA has announced plans to consolidate its manufacturing, assembly and warehousing in the Charlotte, North Carolina area.

Sturm, Ruger & Company, Inc. announced that it has recently received a small number of reports from the field indicating that LCP pistols can discharge when dropped onto a hard surface with a round in the chamber. Although no injuries have been reported, the company will retrofit all older LCP pistols. The retrofit involves installation of an upgraded hammer mechanism at no charge to the customer. This is a free safety upgrade.

SPRINGFIELD, Mass. -- Smith & Wesson has shipped 7,500 M&P9 pistols to the U.S. Armed Forces in Iraq for distribution to Iraqi military and security forces.

RICHMOND, VA -- The National Rifle Association has contacted newspapers in Virginia and other battleground states about wrapping their home-delivered products on Nov. 4 in a plastic bag that is said to read: “Vote for Freedom … Defeat Obama.” That ad proposal was rejected by The Virginian-Pilot.

TalkingPointsMemo.com reports that the AFL-CIO is about to unleash 'a blitz of mailers defending Obama on gun rights that's aimed strictly at union households made up of gun owners.'

OVERLAND PARK, Kansas -- Bushnell Outdoor Products has announced that Blake Lipham has been named president, in addition to his current role as chief financial officer.

NEWTOWN, Conn. -- The National Shooting Sports Foundation (NSSF), the trade association for the firearms industry, has named Diedra A. Cauley its new director of exhibitions & conferences. In her position, Cauley will oversee SHOT Show operations, logistics and marketing, as well as NSSF participation in conferences, expos and meetings.

Seattle Mayor Greg Nickels does not have the authority to ban guns on public property, says State Attorney General Rob McKenna.

WASHINGTON - Armor Holdings Products LLC has agreed to pay the United States $30 million to resolve allegations that it violated the False Claims Act by knowingly manufacturing and selling defective Zylon bullet-proof vests, according to the Justice Department.

American Elements, a manufacturer of engineered and advanced material products, has announced the further expansion of its bismuth metal facilities to meet growing demand for the metal in non-lead bullets and ammunition.

Sturm, Ruger & Company, Inc. (NYSE-RGR), has announced that during the third quarter of 2008 it repurchased 1.1 million shares of its common stock, representing 5.5% of the total shares outstanding at the start of the repurchase program, for $7.4 million in the open market.