JJE has been buying gun companies like kids chasing baseball cards... Toolcraft has a CAGE code for supplying complete spare BCG's to DOD, and AoA set the spec for the ones they order at "change to nitride coating otherwise make 'em to the same spec as the Army's."
JJE's H&R arm just acquired NoDak Spud... this worries me, they look to be becoming the new Cerberus Group. What do we know about them and their major owners?
<><><><><><><><><><><><><><><><><><><><><><><><>YOU IDIOTS! I WROTE 1984 AS A WARNING, NOT A HOW-TO MANUAL!--Orwell's ghost
Psalms 109:8, 43:1
LIFE MEMBER - NRA & SAF; FPC MEMBER Not employed or sponsored by any manufacturer, distributor or retailer.
I don't think JJE owns Toolcraft (yet) but they are a sister company with PSA straight out of a manager at PSA's mouth. I would assume that all PSA bolts were Toolcraft but cannot confirm this. Toolcraft does make bolts for other OEMs so it only makes sense that PSA has them make theirs too unless PSA has found a cheaper equally quality option.
I do believe either way that PSA bolts are G2G.
"Sister company" usually means wholly owned by same parent. For example, the Peoria & Eastern and Boston & Albany RR's along with Despatch Shops carbuilder and Flexi-Van trailer/container transport at 90+% ownership under the New York Central umbrella would be "sisters" but the 60% NYC/40% Milwaukee Road-split Indiana Harbor Belt and the Pittsburgh & Lake Erie RR were not despite being other majority-owned subsidiaries.
<><><><><><><><><><><><><><><><><><><><><><><><>YOU IDIOTS! I WROTE 1984 AS A WARNING, NOT A HOW-TO MANUAL!--Orwell's ghost
Psalms 109:8, 43:1
LIFE MEMBER - NRA & SAF; FPC MEMBER Not employed or sponsored by any manufacturer, distributor or retailer.
Dr. Carter G. Woodson, “History shows that it does not matter who is in power or what revolutionary forces take over the government, those who have not learned to do for themselves and have to depend solely on others never obtain any more rights or privileges in the end than they had in the beginning.”
You usually have sister companies and affiliates, a sister company or subsidiary, are companies owned or majority controlled by the same company but diversify in product roles. If PSA owns Toolcraft then PSA has a clear supply of bolts, while any further more manufactured can be sold to other companies and both PSA and Toolcraft profit.
Dr. Carter G. Woodson, “History shows that it does not matter who is in power or what revolutionary forces take over the government, those who have not learned to do for themselves and have to depend solely on others never obtain any more rights or privileges in the end than they had in the beginning.”
Bookmarks