Olympic Arms Going Out of Business

[WARFAB]

http://www.olyarms.com/

After more than 40 years of business, it is with great sorrow that we announce that February 28^th, 2017 will be the last day of operation for Olympic Arms, Inc.

The Schuetz family would like to express their heartfelt thanks to all their friends, associates, and partners that have been a part of the Olympic Arms experience. Most of all we would like to thank our loyal customers and patrons who have been with us all this time.

In the course of closing, we are announcing the following changes in policy effective immediately:

1. All sales are final.
2. No refunds or returns will be accepted after 1-25-2017.
3. On-line Shopping Cart will be active and effective while supplies last.
4. All Warranty service ceases 1-25-2017. Warranty work and repairs currently in-house will be serviced and returned.
5. New orders will only be taken for inventory currently in stock, or that can be built from remaining inventory.
6. All inventory will be liquidated.
7. ALL SALES will cease at close of business 28 February, 2017

Thank you for your patronage.

I'm always kind of bummed to see a company going out of business. It will be interesting to see how they handle inventory liquidation.

Their marketing efforts have been a little lacking as far as I can tell. I don't know if I've ever seen an Olympic Arms ad.

[usmcveteran]

Any idea what did them in?

[Sailor Jerry]

World's greatest salesman retired on January 20, 20017?????

[WARFAB]

World's greatest salesman retired on January 20, 20017?????

But then the US continued to set NICS records after the election. I haven't heard national sales estimates since shortly after the election, but I have a hard time believing it was Obama leaving the white house. Even if the company was relying on panic buying it seems like this is a pretty quick end unless there were other problems.

[Sailor Jerry]

Maybe a shift of the type of firearms, AR's to handguns and such that didn't affect the NICS checks? I am guessing manufacturers ramped up production prior to the election forecasting a possible Hillary win, there should be a glut of firearms in the very near future. Olympic arms always had a run of the mill reputation, never owned one so I can't say first hand on the quality. I think they were the only one that made an AR in 45 acp.

[Meketrefe]

I wonder what mike from DTI is going to do. Would he acquire the rights to build the WSM AR upper component?