Site icon The Truth About Guns

While US Gun Market Booms, H&K Close to Bankruptcy

Previous Post
Next Post

 

These last few months – years, actually – have been very good to manufacturers here in the United States. Record levels of sales combined with sky-high prices means some record profits. But things aren’t all sunshine and lollypops, especially for the popular German manufacturer Heckler & Koch. German newspaper Die Weldt is reporting that the manufacturer posted a 20 million euro loss for 2011 and more red ink for 2012. However, the prospects for this year’s profits are looking good. Then again, that was before the AR-15 market bubble burst . . .

Previous Post
Next Post
Exit mobile version