Industry Notes

Robert L. Nardelli and Freedom Group, Inc. ('FGI'), have announced that Nardelli has stepped down from his position as CEO of Freedom Group, effective immediately. George Kollitides, a member of FGI's Board of Directors has been named Chairman of the Board replacing current Chairman John Blystone, and will act as the interim CEO of FGI pending the completion of negotiations with a successor CEO expected to be named shortly.

Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) recently announced financial results for its fiscal 2012 third quarter ending January 31, 2012.

Recent articles in magazines and newspapers are documenting substantial spikes in gun sales due to the prospects of future gun bans or sales restrictions.

The National Rifle Association (NRA) is deeply disappointed in Governor Dayton’s veto of House File 1467 – an omnibus bill that included a number of key firearms law reforms in Minnesota, says Chris W. Cox, Executive Director, NRA – Institute for Legislative Action.

Gun Tests Contributing Editor Roger Eckstine takes a quick look at Magnum Research’s Micro Desert Eagle.

Sturm, Ruger & Company, Inc. (NYSE: RGR) , announced last week that for 2011, the company reported net sales of $328.8 million and fully diluted earnings of $2.09 per share, compared with sales of $255.2 million and fully diluted earnings of $1.46 per share in 2010.

(GunReports.com) -- Hornady Manufacturing announced the recall of seven lots of 500 S&W 300 gr. FTX Custom pistol ammunition. Hornady ballisticians have determined that some cartridges from Lot numbers 3101327, 3110256, 3110683, 3110695, 3110945, 3111388, 3111885, may exhibit excessive chamber pressures. Use of this product may result in firearm damage and/or personal injury.

Civilian Marksmanship Program Master Instructor Courses have been set for March, April, and May 2012.

The NRA recently launched its voter registration drive with 'Trigger the Vote,” a web video featuring R. Lee 'Gunny' Ermey... in his new career as a librarian.

Gun Tests Contributing Editor Roger Eckstine takes a quick look at the Thompson 1927A-1 Deluxe Pistol TA5100D.

Glock, Inc. has announced its highest bidder for the “Glock Statue of Liberty Gun,” the one-of-a-kind, hand-engraved Glock 22, which served as the official Handgun for the 2012 SHOT Show Auction. The gun sold to Alexander Wilson for $15,025, which will benefit programs to further America’s hunting and shooting sports heritage.

Cabela's Incorporated (NYSE:CAB) has announced today plans to open its first Cabela's Outpost Store in Union Gap, Wash., a suburb of Yakima, in the fall of 2012. Construction is scheduled to begin in the spring of 2012.