Posted May 3, 2018 12:00 pm by Comments

By Tom Knighton

While people are buying guns in record numbers, it doesn’t seem to be helping a lot of companies in the firearm industry. Vista Outdoors is having trouble, for one. It’s not alone.

Now, firearm distributor Acusport is filing for bankruptcy.

To get TFB readers and gun consumers up to speed, Acusport Corporation is a distributor of firearms and related accessories within the US. They are one of a handful of distributors who assist manufacturers in getting their products to retailers and eventually to you, the consumer.

Acusport, like all of us, had rode the tumultuous roller coaster that has been the gun industry the last 10 years. It has now come to a tipping point where a culmination of factors has forced them to voluntarily file for Chapter 11 Bankruptcy.

Over the last year we have seen many manufacturers down-grade their workforce, trade hands and even go under completely. Sadly, Acusport has followed suit, but they are receiving a potential lifeline from Ellett Brothers, LLC.

Chapter 11 bankruptcy allows the company to reorganize and still, ultimately, remain in business, which is good for its customers.

While many stores use multiple distributors, …Read the Rest

Source:: Bearing Arms

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