SCOTTSDALE, AZ (3TV/CBS 5) — Scottsdale-based ammunition company Ammo Incorporated is facing an $80.1 million order backlog amid record demand for ammunition.
“We’re working right now seven days a week, 24 hours a day in all the manufacturing plants,” said CEO Fred Wagenhals.
The company manufactures a wide range of ammunition at its facilities in Payson, Arizona, and Manitowoc, Wisconsin.
“We just bought 2.8 million dollars worth of machinery and equipment last week to increase our production and increase our volume,” Wagenhals said.
Gun sales set to break record: “They’re buying everything”
Pistols, revolvers, rifles and shotguns are flying off the shelves this year, with gun shops reporting huge demand for models geared toward self-defense.
The run on guns coincides with the coronavirus crisis and deadly riots that have put Americans on guard.
Nearly 26 million background checks were run through the FBI’s national instant check system through August, and this month’s totals could push the numbers past the record 28.3 million checks from all of 2019.