Ammunition manufacturer Ammo Inc intends to build a new factory with the intention of solving the ongoing ammunition shortage caused by unprecedented demand for guns.
While a new factory is a pleasant news to gun consumers, it just might not go online fast enough to solve this year’s problem of overwhelming demand versus limited supply in the ammo market.
Arizona-based Ammo Inc broke ground on a 160,000 square foot factory on June 21 in Manitowoc, Wisconsin meanwhile a new plant from an upstart U.S. manufacturer is a ray of hope for gun enthusiasts. They have been scouring gun stores for ammunition and finding bare shelves, especially for popular calibers like .22 for target shooting, 9mm for pistols and .223 for AR-15s.
Ammo Inc. Chief Executive Officer by name Fred Wagenhals made a joke at the groundbreaking that he was the only one of his co-founders who “knew what a gun was,” according to a local news broadcast, which said the company plans to finish the project in 2022, bringing about 300 jobs to the town.