AMMO, Inc. Announces June 21, 2021 Groundbreaking Ceremony of New State-of-the-Art Ammunition Manufacturing Plant in Manitowo...
June 03 2021 - 8:30AM
AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier
American ammunition and munition components manufacturer and
technology leader, is pleased to announce the scheduling of the
June 21, 2021 (1 p.m. CT) groundbreaking ceremony to be held at
6301 Custer St., Manitowoc, WI to formally acknowledge the
construction of its new world-class manufacturing facility. The
ceremony will be attended by AMMO’s senior management team,
including Fred Wagenhals (Chairman & CEO), Board members Rusty
Wallace and Richard Childress, also members of the NASCAR Hall of
Fame, and government leaders representing the great and supportive
City of Manitowoc.
Fred Wagenhals and his team extend an open
invitation to AMMO supporters and individuals interested in joining
the expanding AMMO team working in the Manitowoc area to join the
Company at this exciting ceremony. Mr. Wagenhals noted that “we are
excited to have commenced work on our new plant. We are more than
tripling our production plant footprint and enhancing our
manufacturing, R&D and testing capabilities across all levels
when we move into our new world-class plant which support our
unwavering effort to continue to develop cutting edge technology,
meet the continuing consumer demand as we work to further enhance
our strong revenue growth for the benefit of our shareholders.” “We
look forward to celebrating this occasion with the amazing and
supportive Mayor and City Council Members of the great City of
Manitowoc – without their unwavering commitment to AMMO and the
business community at-large in the area, this plant would not be
rising from the ground at this time and providing us with the
privilege of expanding our Manitowoc workforce over the next 1-3
years by a 100 or more employees,” noted Mr. Wagenhals.
About AMMO, Inc.
With its corporate offices headquartered in
Scottsdale, Arizona. AMMO designs and manufactures products for a
variety of aptitudes, including law enforcement, military, sport
shooting and self-defense. The Company was founded in 2016 with a
vision to change, innovate and invigorate the complacent munitions
industry. AMMO promotes branded munitions as well as its patented
STREAK™ Visual Ammunition, /stelTH/™ subsonic munitions, and armor
piercing rounds for military use. For more information, please
visit: www.ammo-inc.com.
About GunBroker.com
As an AMMO subsidiary, GunBroker.com is the
largest online marketplace dedicated to firearms, hunting, shooting
and related products. Aside from merchandise bearing its logo,
GunBroker.com currently sells none of the items listed on its
website. Third-party sellers list items on the site and Federal and
state laws govern the sale of firearms and other restricted items.
Ownership policies and regulations are followed using licensed
firearms dealers as transfer agents. Launched in 1999,
GunBroker.com is an informative, secure and safe way to buy and
sell firearms, ammunition, air guns, archery equipment, knives and
swords, firearms accessories and hunting/shooting gear online.
GunBroker.com promotes responsible ownership of guns and firearms.
For more information, please visit: www.gunbroker.com.
Forward Looking Statements
This document contains certain “forward-looking
statements”. All statements other than statements of historical
fact are “forward-looking statements” for purposes of federal and
state securities laws, including, but not limited to, any
projections of earnings, revenue or other financial items; any
statements of the plans, strategies, goals and objectives of
management for future operations; any statements concerning
proposed new products and services or developments thereof; any
statements regarding future economic conditions or performance; any
statements or belief; and any statements of assumptions underlying
any of the foregoing.
Forward looking statements may include the words
“may,” “could,” “estimate,” “intend,” “continue,” “believe,”
“expect” or “anticipate” or other similar words, or the negative
thereof. These forward-looking statements present our estimates and
assumptions only as of the date of this report. Accordingly,
readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the dates on
which they are made. We do not undertake to update forward-looking
statements to reflect the impact of circumstances or events that
arise after the dates they are made. You should, however, consult
further disclosures and risk factors we include in Annual Reports
on Form 10-K, Quarterly Reports on Form 10-Q, and Reports filed on
Form 8-K.
Investor Contact:Rob Wiley,
CFOAMMO, Inc.Phone: (480) 947-0001IR@ammo-inc.com
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