Archive for January 30, 2012

Freedom Group, Inc. to acquire certain assets of Para USA, INC.

Madison, NC – Freedom Group, Inc., (FGI) through a wholly owned subsidiary has announced today that it has finalized an asset purchase agreement to acquire certain assets of Para USA, INC., (Para).

Founded in 1985, Para has built a solid and enviable reputation for innovation, performance and reliability.

PARA USA

Firearms enthusiasts, serious shooting competitors and law enforcement agencies choose with confidence from a wide and growing variety of Para pistols. Para’s revolutionary high capacity frame and light double action ( LDA ™) trigger systems, are part of the innovation that Para has brought to the world famous 1911 design.

“We welcome Para into the Freedom Group Family of Companies,” stated. E. Scott Blackwell, Chief Sales and Marketing Officer of Freedom Group Inc.

“Para USA is a leader in handgun technology and their fine products exemplify quality, innovation and performance. Para is a perfect complement to our industry-leading family of brands, and our success in 2011 with the Remington R1 – 1911. We look forward to deploying both human and financial resources to continue to develop and supply current and future handguns for consumers and our channel partners. We also wish to thank all its employees for their continued dedication that has made Para a success.”

Para will continue day-to-day operations at their Pineville, NC based facility. Visit: www.paraord.com

About Freedom Group, Inc.
Freedom Group is the world’s leading innovator, designer, manufacturer, and marketer of firearms, ammunition, and related products for the hunting, shooting sports, law enforcement, and military markets. As one of the largest manufacturers in the world of firearms and ammunition, we have some of the most globally recognized brands including Remington, Bushmaster, DPMS/Panther Arms, Marlin, H&R, Parker, Mountain Khakis, AAC, and Dakota. The Company distributes its products throughout the U.S. and in over 80 foreign countries. More information about the Company can be found at www.freedom-group.com.

The Company assumes no obligation to update publicly such forward–looking statements, whether as a result of new information, future events or otherwise.

464 SPX Offerings Add a New Twist to Classic Line of Lever-Actions


North Haven, CT – Traditional, classic and an American legend are words often used to describe lever-action rifles but that’s not the case with the latest offerings from O.F. Mossberg & Sons, Inc. The patent-pending 464 SPX Lever-Actions in .22LR and .30-30 Win redefine this time-tested category with premium, tactical-style features that include 6-postion adjustable stocks; tri-rail forends with rail covers; adjustable fiber optic sights; and optional flash suppressor and muzzle brake on the .30-30 Win and .22LR versions respectively.

Reliable and durable, the 464 platform features a precision-machined receiver; well-designed and properly- positioned ejection port for clearance when using receiver-mounted optics; button-rifled barrels with recessed muzzle crowns; and convenient top-tang safety. Designed for accuracy, balance and maneuverability, 464 lever-action rifles can be a modern option for today’s hunters and shooters or ideal for tactical applications.

The SPX line combines the fast-handling, robust action of the 464 Lever-Action with many highly-desired features in two .22LR versions and two venerable .30-30 Win offerings. All four rifles have a 6-position, tactical-style adjustable synthetic stock; handy Picatinny tri-rail forend with rubber ladder rail covers; front and rear sling swivel studs; and durable matte blue metal finishes. The .22LR SPX rifle has a compact 18-inch barrel with rifle sights and a removable, ported muzzle brake version (thread protector included) is available. The receiver features dovetail-style mounts for ease of adding optics. With full-length mag tube, total capacity is 14. The centerfire version, chambered in .30-30 Win, features a compact 16 1⁄4-inch barrel with 1:10 twist rate; six-round total capacity; adjustable 3-dot fiber optic sights; and drilled/tapped receiver with scope rail included. Optional flash suppressor version is offered.

The Mossberg 464 SPX rifles bring a new era of lever-actions to today’s hunters and shooters. Please visit your local dealer or our web site at www.mossberg.com to see the complete line of 464 lever-action rifles.