The Loadout Blog
Firearms X Culture
News|Industry News By Drew BryantNovember 30th, 2022, theloadoutblog.com Recently Beretta Holdings S.A. acquired ammunition manufacturer Norma Precision and now will be investing up to $60 million in a brand new […]
By Drew Bryant
November 30th, 2022, theloadoutblog.com
Recently Beretta Holdings S.A. acquired ammunition manufacturer Norma Precision and now will be investing up to $60 million in a brand new 300,000-square-foot manufacturing and distribution hub in Savannah, Georgia. Beretta Holdings currently owns and operates more than 15 manufacturing facilities worldwide and employs over 6,500 people internationally.
Below, is the press release from Beretta Holdings on the $60 million investment into Norma’s future.
Dott. Pietro Gussalli Beretta, President and CEO of Beretta Holding S.A., today announced the plans of Beretta Holding Group to further increase its strong presence in the US, through its recent acquisition of Norma Precision, investing $60 million in a state-of-the-art manufacturing and distribution facility for ammunition to be located in Savannah, Georgia.
Beretta Holding Group already employs close to 1,000 employees in the US through Beretta USA, Benelli USA, Burris, Steiner optics, and Norma Precision. The Group also operates famous flagship stores in Dallas and New York. This new facility offers a significant opportunity for the Group to further increase its already extensive footprint in the US adding ammunition to its US operations.
“I am delighted to announce our commitment to investing $60 million through our newly acquired US ammunition subsidiary, Norma Precision. Together with my Family and Beretta Holding, we are very proud to add ammunition manufacturing to our US presence. That is a very special moment as we can now provide our loyal and dedicated US customers with a full range of locally manufactured premium products spanning from firearms to ammunition and optics, all united under the same Group. We are also supporting the local economic network by creating hundreds of new jobs.” stated Dott. Pietro Gussalli Beretta, President, and CEO of Beretta Holding S.A.
Norma Precision, providing for 120 years of purpose-built premium ammunition, will construct a 300,000-square-foot state-of-the-art facility covering the entire ammunition value chain, from manufacturing, and assembly, up to distribution activities. This investment is a major step forward for Beretta Holding and confirms the commitment to always best serve its passionate US customers in the fields of hunting, sport shooting, outdoor, military, and law enforcement. Beretta Holding S.A. is the parent company of the famous industrial Group.
Thank you for reading. If you enjoy this article hit that like button and subscribe to the newsletter. Feel free to drop a comment in the comment section below. Be Humble. Train until only savagery remains. Remember to stay deadly ladies and gents.
Hello, everyone and welcome to The Loadout Blog. The purpose of this website is to share educate, inform, and build a lasting culture around firearms. I want to create a hub of reliable, cohesive, and relevant material for today's shooter. I am seeking to appeal to all demographics so from the novice, to experienced, along with LE and military communities. I am here to be transparent and honest on all matters discussed or chronicled on this site. I will post content once a week at minimum or more often if time allows.
Now, a little bit about me. I served six years in the Marines Corps as an 0311. I was in 2nd BN 4th Marines, 5th Marine Reg, 1st Mar Div. I was in Golf Company while in 2/4. I was deployed twice during my time in. I did one deployment to Afghanistan and my second was on apart of 31st MEU. I departed the military in September of 2015. I currently work as an RSO at a local range in Vegas.
Thank you for stopping by my website and join the journey with me. To stay up to date with the website, hit that subscribe button. Be humble. Be savage. Have a great day.