I just read on the Hodgdon website that they have purchased RCBS. Kind of scary they now control Hodgdon, Winchester, Accurate, Western, IMR, and Vitht vouri and now one of the biggest reloading tool companies. What could go wrong?
Agree, I feel Hodgdon aquring them will protect the RCBS name. The company literally started on a kitchen table by repackaging surplus WW2 powder.As far as I can tell Hodgdon isn't a publicly traded company so it's not like it was bought by BlackRock, State Street, Vanguard etc. The real monopoly is those horizontal investment firms. They're the ones with enough capitol to push regulations to stifle and snuff out competition.
Mine too but I worry my list is incomplete.Way down on my list of things to worry about.
And you think outfits like the ones you name only buy publicly traded firms?As far as I can tell Hodgdon isn't a publicly traded company so it's not like it was bought by BlackRock, State Street, Vanguard etc. The real monopoly is those horizontal investment firms. They're the ones with enough capitol to push regulations to stifle and snuff out competition.
Old news.I just read on the Hodgdon website that they have purchased RCBS. Kind of scary they now control Hodgdon, Winchester, Accurate, Western, IMR, and Vitht vouri and now one of the biggest reloading tool companies. What could go wrong?
It’s not unless next to go is Lee and new owner discontinues the FCD.Old news.
Free markets at work. Monopolies only exist in a vacuum where there are no competitors, including inventors, hobbyists, and raw materials for invention.
To give you a clue, in this economy only governments can create a monopoly.
I’m really not sure how any of this is cause for panic.
It’s not unless next to go is Lee and new owner discontinues the FCD.
We really need an eye roll emoji.It’s not unless next to go is Lee and new owner discontinues the FCD.
there is a big different between Monopoly & Anti-Trust and I see non here with Powder company & reloading companyOld news.
Free markets at work. Monopolies only exist in a vacuum where there are no competitors, including inventors, hobbyists, and raw materials for invention.
To give you a clue, in this economy only governments can create a monopoly.
I’m really not sure how any of this is cause for panic.
Do you really think it'll be worse being "monopolized" by Hodgdon than it was being "monopolized" by Vista or whatever they call their offshoot? I think it's a good move. ymmvI just read on the Hodgdon website that they have purchased RCBS. Kind of scary they now control Hodgdon, Winchester, Accurate, Western, IMR, and Vitht vouri and now one of the biggest reloading tool companies. What could go wrong?
GREAT MOVE!Do you really think it'll be worse being "monopolized" by Hodgdon than it was being "monopolized" by Vista or whatever they call their offshoot? I think it's a good move. ymmv
I'll get the torches you get the pitchforks lol.That's when we riot!
and Vitht vouri
I agree. USA company buying another USA company is least of my worries currently as foreign companies have been buying US brands and diversifying into US for manufacturing for commercial/military contracts over the decades.Way down on my list of things to worry about.Hodgdon ... purchased RCBS.
Things have gone wrong already.What could go wrong?
No. Vihtavuori was bought by Nammo in 2014 which also owns Lapua, SK and Berger Bullets - https://www.vihtavuori.com/about-vihtavuori/history/Hodgdon ... now control ... Vitht vouri
On the contrary, Lee Precision outsells all of their reloading equipment competitors COMBINED on a global basis each year while still being a "family" business instead of a publicly traded corporation.As long as they don't aquire Lee, Hornady, CH4D, Redding... we'll be alright.Hodgdon ... now one of the biggest reloading tool companies.
At least a foreign company didn't buy them. Hopefully they'll keep making (most of) dies here in the U.S.
A peaceful riot, of course.That's when we riot!
A peaceful riot, of course.