Sports and law enforcement/military firearms manufacturer SIG Sauer is bankrupt. Production in Germany is to be discontinued, the Eckernförde plant will be closed
SIG shuts down German production
- smithers599
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SIG shuts down German production
https://www.all4shooters.com/en/shootin ... be-closed/
- storage_man
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Re: SIG shuts down German production
Ouch that is NOT good. I wonder how loosely coupled the organization is ? It certainly looks like having a plant in Germany, didn't help there sales.
- Boriqua
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Re: SIG shuts down German production
Wow .. I am a display guy and sure I managed multi million dollar budgets but I wont fain to understand the upper corporate management of things but .. how do you go bankrupt just after receiving a rather large guaranteed government contract?
How does a large government award a contract without first making sure it is solvent enough to support it?
Strange .. Is it the end of Sig or just German Manufacturing?
How does a large government award a contract without first making sure it is solvent enough to support it?
Strange .. Is it the end of Sig or just German Manufacturing?
- Solar_Empire
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Re: SIG shuts down German production
Does Sig even make anything for the German police/military anymore? Seems like HK is always swiping up contracts.
Looks like legislation coupled with the coors light virus did them in. I'm sure Fuhrer Merkel is moist right now.
Looks like legislation coupled with the coors light virus did them in. I'm sure Fuhrer Merkel is moist right now.
Last edited by Solar_Empire on June 4th, 2020, 6:52 pm, edited 1 time in total.
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Re: SIG shuts down German production
Sig Sauer here in the USA is a different company than the German arm of the company. All the USA made stuff is not effected.Boriqua wrote: ↑June 4th, 2020, 4:33 pm Wow .. I am a display guy and sure I managed multi million dollar budgets but I wont fain to understand the upper corporate management of things but .. how do you go bankrupt just after receiving a rather large guaranteed government contract?
How does a large government award a contract without first making sure it is solvent enough to support it?
Strange .. Is it the end of Sig or just German Manufacturing?
- Boriqua
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Re: SIG shuts down German production
Aahhhh ... I thought they were one and the same!
Re: SIG shuts down German production
Due to German export laws, exporting anything firearms or military related from Germany is a royal pain in the ass. The only reason to keep a manufacturing plant open in Germany is to sell to the German military or other state agencies.
i wouldn't manufacture anything there either.
i wouldn't manufacture anything there either.
- Abbey
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Re: SIG shuts down German production
The question I’m most interested in - does this mean they can make an X6 Supermatch in the US now?
- reconshawn
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Re: SIG shuts down German production
It appears the plants in the US will still be running smoothly in my opinion.
- birdleggs1
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- A_C Guy
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Re: SIG shuts down German production
The German plants have lost money for years. SIG was essentially blacklisted from competing in bids for German police and military contracts and the sporting market is next to dead.
This is a good thing for long term profits and viability.
This is a good thing for long term profits and viability.