ANOTHER GUN COMPANY GOES BANKRUPT - TGC NEWS!

Published on March 2, 2020
Duration: 16:37

This episode of TGC News covers the bankruptcy of Jimenez Arms, highlighting the company's financial struggles and history. It also reviews the WOOX Furiosa rifle chassis, praising its aesthetics and build quality despite a high MSRP. The segment discusses the new CCI Blazer 10mm ammunition's potential to lower practice costs and analyzes factors critical for cartridge success, critiquing the limited ammo availability for calibers like 350 Legend.

Quick Summary

Jimenez Arms has filed for Chapter 7 bankruptcy, owing $1.3 million, including $900,000 in federal excise taxes. This news follows legal issues related to alleged gun trafficking.

Chapters

  1. 00:45WOOX Furiosa Rifle Chassis Review
  2. 03:24SIRT P320 Training Pistol Introduction
  3. 05:00CCI Blazer 10mm Ammunition Launch
  4. 06:05Cartridge Success Factors & 350 Legend Critique
  5. 11:19Jimenez Arms Bankruptcy News

Frequently Asked Questions

What is the latest news regarding Jimenez Arms?

Jimenez Arms has declared Chapter 7 bankruptcy, reportedly owing $1.3 million, with a significant portion attributed to federal excise taxes. This follows legal issues concerning alleged gun trafficking.

What are the key features of the WOOX Furiosa rifle chassis?

The WOOX Furiosa chassis, compatible with Remington 700 and Sauer 100 actions, combines walnut wood and aluminum. It offers push-button adjustable length of pull and cheek weld, and a detachable rear stock.

How does the new CCI Blazer 10mm ammunition impact the market?

CCI's new Blazer 10mm ammunition aims to lower the cost of practice rounds to around 30 cents per round, potentially increasing the accessibility and popularity of the 10mm caliber among mainstream shooters.

What factors are crucial for a firearm cartridge's long-term success?

A cartridge needs three key elements: widespread gun availability, consistent and affordable ammunition supply, and sustained marketing efforts. Lack of affordable ammo options can hinder a caliber's viability.

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