Olympic Arms sale / closing updates?

Have an Olympic Arms PCR rifle? Heck, have any AR-15? This one's for you.

Moderators: Charlie-2-6, The OA2 Staff

Olympic Arms sale / closing updates?

Postby CuriousGeorge » Sun Mar 12, 2017 2:39 am

Has anyone learned any more about Olympic Arms regarding the sale or closure of the business?
They created a lot of what other 'manufacturers' take for granted... hate to see that end with this.

If they sold, I only hope their buyer continues to focus on quality and innovation.
I'd like to see more done with the pistol calibers, magazines to feed them, etc.
CuriousGeorge
Sharpshooter
Sharpshooter
 
Posts: 170
Joined: Sun Apr 30, 2006 9:27 am

Re: Olympic Arms sale / closing updates?

Postby John A. » Sun Mar 12, 2017 1:36 pm

From what I gather, a sale is pending. But could take months.

And then throw in ATF lag time issuing manufacturers licensing, etc.

It takes time to cross all your eyes and dot your T's
Yes, I'm "THAT" guy
User avatar
John A.
OA2 Advisory Council
OA2 Advisory Council
 
Posts: 7546
Joined: Tue Sep 09, 2003 7:51 pm
Location: If I don't want to be found, I won't be

Re: Olympic Arms sale / closing updates?

Postby Globemaster » Mon Mar 13, 2017 6:05 pm

more rumors from the Arfcom WA Hometown Forum ... we shall see.

from what I heard recently, the reason behind there closure is a "Tax Issue" as they haven't been paying taxes for a while; was also told the business was sold to pay off their tax debt and that a new owner maybe reopening the business
The Nonsense Stops! … When The Hammer Drops!
Image
User avatar
Globemaster
OA2 Staff - AC/TEAM MEMBER
OA2 Staff - AC/TEAM MEMBER
 
Posts: 20826
Joined: Wed Dec 28, 2005 4:42 pm
Location: Socialist Republic of Washington State


Return to AR-15 Style Rifles

Who is online

Users browsing this forum: No registered users and 4 guests