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Thread: Sierra Bullets acquired by Clarus

  1. #1
    Boolit Master
    dragon813gt's Avatar
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    Sierra Bullets acquired by Clarus

    Yay, another company bought up by a holding company. Should be interesting to see how this plays out over time.

    https://globenewswire.com/news-relea...9-Million.html

  2. #2
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    Hope the quality they are known for doesn't slip

  3. #3
    Boolit Master
    swheeler's Avatar
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    Me too ^^^^^^^^^^!
    Hell, I was there!

  4. #4
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    I wonder if Starline was include with that?

  5. #5
    Boolit Master
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    I'm my opinion only, they will raid the bank accounts, steal the retirement accounts from their employees through some kind of bs " restructure of retirement plans ", and cut corners on quality, push production to unreasonable speeds, kill off research and development( it'll cost too much), maintenance of equipment? We don't need no stinkin maintenance! .Move out the senior officers who don't lockstep with their "forward looking plans", place unrealistic sales goals on the sales departments, and generally run it into the ground, and when the free flow cash is gone,poof! There goes another shooting sports company ran into the dirt by a bunch of knuckleheads who don't have a single d@&$ clue about the shooting sports!.........................Oh, and by the way,.................don't let me win that Powerball lottery, ill show you how fast I'll buy that Sierra bullet plant!!!!!!!! $79 million? Drop in the bucket if you win the lottery of $650 million plus!! OK, rant over. I hope I'm wrong.
    I firmly believe that you should only get treated by how you act, not by who or what you are!!

  6. #6
    Boolit Master
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    Now come on, they can't steal the retirement accounts. Just can't happen. Now what they can do, and I've been through this, is if they find out the retirement accounts are overfunded they will buy annuities for all beneficiaries with a guaranteed monthly payout at retirement and start the retirement plan all over again. They pocket the excess money but all employees don't really loose anything. Now the rest of what you say can happen also, been there too.

  7. #7
    Boolit Master
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    Send money, guns and lawyer, the sh+t has hit the fan: Warren Zevon

  8. #8
    Boolit Master

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    Sierra has been been my "Go To" for decades. I hope nothing changes.

  9. #9
    Boolit Master
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    they'll probably stop selling jackets first thing.
    it's all an educated guess,,,, till the trigger is pulled.

    this opinion brought to you by mister low-tech solution..

  10. #10
    Boolit Master
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    I can't get the Sierra bullets I want NOW! I guess in need to give up now!

  11. #11
    Boolit Master
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    Well, there is an alternative. We call them cast bullets.
    I have danced with the Devil. She had excellent attorneys.

  12. #12
    Boolit Master Jack Stanley's Avatar
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    When the high power shooters start losing points because of the bullets they will stop buying them and ....... tell their friends .

    Jack
    Buy it cheap and stack it deep , you may need it !

    Black Rifles Matter

  13. #13
    Boolit Master
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    I'm guessing it will work out as well as Cerberus' acquisition of Remington, etc.

  14. #14
    Boolit Master
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    Quote Originally Posted by Budzilla 19 View Post
    I'm my opinion only, they will raid the bank accounts, steal the retirement accounts from their employees through some kind of bs " restructure of retirement plans ", and cut corners on quality, push production to unreasonable speeds, kill off research and development( it'll cost too much), maintenance of equipment? We don't need no stinkin maintenance! .Move out the senior officers who don't lockstep with their "forward looking plans", place unrealistic sales goals on the sales departments, and generally run it into the ground, and when the free flow cash is gone,poof! There goes another shooting sports company ran into the dirt by a bunch of knuckleheads who don't have a single d@&$ clue about the shooting sports!.........................Oh, and by the way,.................don't let me win that Powerball lottery, ill show you how fast I'll buy that Sierra bullet plant!!!!!!!! $79 million? Drop in the bucket if you win the lottery of $650 million plus!! OK, rant over. I hope I'm wrong.
    If you've got a favorite Sierra bullet, I'd stock up now. The quality is about to drop and prices will go up...

  15. #15
    Boolit Master
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    Did Barnes go under? Or Speer? Same thing happened there. Maybe much ado bout nothing. I hope. They make great bullets and moving to Missouri was a great idea. I think all gun related companies should move to gun friendly states.

    Sent from my SAMSUNG-SM-G930A using Tapatalk

  16. #16
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    Lord! I hope they're not like the folks at Remington now!!!!!!!!!!! Harvard MBA's have dang near RUINED many companies in our "modern" world! No know how - just policy wonks doing what their idjit professors told them to do! No analysis, other than stylized stuff DESIGNED from the outset to produce the data they WANT to see! No real judgment - just "policy" and "regulation." It's as if communists have taken over and are instituting new "5-year plans" all over the place!!!! But what do I know? I'm just a disgruntled redneck down in the swamps of Jawja, and my thoughts don't count for spit. But I have them anyway, whether they're "convenient" to those in power or not! Who couldn't/wouldn't in my place????

  17. #17
    Boolit Master

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    Quote Originally Posted by johnho View Post
    Now come on, they can't steal the retirement accounts. Just can't happen.
    You're absolutely correct. Only Congress can do that.
    'I have a feeling we're not in Kansas any more, Toto!' Dorothy, in The Wizard of Oz.

  18. #18
    Boolit Master
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    Just look at what Cerberus did to Chrysler. They came, canned some model in development, cut corners and junk cars.
    Leadmelter
    MI

  19. #19
    Boolit Master
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    We will have to wait and see.
    They spent 79 Million to purchase Sierra so I doubt they will sell it off unless there's more than 79 million in assets there, which is unlikely.
    It's an unusual market but there's room for expansion, like say providing more bullets to other companies that produce high end ammo or producing completed rounds themselves.
    I think predictions of doom and gloom may be a bit premature.

  20. #20
    Boolit Master
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    a large number of sierra tournament hand gun bullets have been unavailable at midway for 19 months now. namely 357 in 180 and 170 gr fmj.

    Purchasing them doesn't seem smart, since the Obama years are done and MOST of the market has stabilized in easiest to make and easiest to sell bullets.

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Abbreviations used in Reloading

BP Bronze Point IMR Improved Military Rifle PTD Pointed
BR Bench Rest M Magnum RN Round Nose
BT Boat Tail PL Power-Lokt SP Soft Point
C Compressed Charge PR Primer SPCL Soft Point "Core-Lokt"
HP Hollow Point PSPCL Pointed Soft Point "Core Lokt" C.O.L. Cartridge Overall Length
PSP Pointed Soft Point Spz Spitzer Point SBT Spitzer Boat Tail
LRN Lead Round Nose LWC Lead Wad Cutter LSWC Lead Semi Wad Cutter
GC Gas Check