January 16, 2018 10:36 PM ET

Aerospace and Defense

Company Overview of Federal Cartridge Company

Company Overview

Federal Cartridge Company manufactures shotshell, centerfire, and rimfire ammunition and components. Its products include hand guns, riffles, rimfires, and shot guns. The company serves hunters, competitive shooters, and law enforcement organizations. It has distributors in Africa/the Middle East, the Asia Pacific Region, Canada, Europe, Latin America/the Caribbean Region, and Mexico. Federal Cartridge Company was formerly known as Federal Cartridge Corporation and changed its name to Federal Cartridge Company in January 1985. The company was founded in 1916 and is based in Anoka, Minnesota. Federal Cartridge Company operates as a subsidiary of Vista Outdoor Inc.

900 Ehlen Drive

Anoka, MN 55303-7503

United States

Founded in 1916

Phone:

800 379 1732

Fax:

763 323 2506

Key Executives for Federal Cartridge Company

President
Age: 76
Compensation as of Fiscal Year 2017.

Federal Cartridge Company Key Developments

Federal Cartridge Company Introduces All-New 224 Valkyrie Cartridge

Federal Cartridge Company to introduce an all-new cartridge that takes the popular MSR 15 platform to unheard of heights in long-range precision and ballistic performance. The 224 Valkyrie produces flat trajectories, match-grade accuracy and supersonic velocities beyond 1,300 yards downrange. Shooters can review the technical specifications for the new round once it is approved by the Sporting Arms and Ammunition Manufacturers' Institute (SAAMI) which is expected in January at the 2018 SHOT Show in Las Vegas. At that time, information such as chamber specifications and cartridge pressure standards, proof pressure range and barrel length/twist recommendations will be communicated. Cartridge and chamber drawings will also be available soon after SAAMI approves the cartridge for standardization. Testing conducted by Federal Premium engineers using 24-inch test barrels with a 1:7 twist revealed the 224 Valkyrie offers up to 128 inches less drop and 69 inches less wind drift (with a 10 mph crosswind) at 1,000 yards than other MSR 15 rounds. The new cartridge also offers significant advantages in velocity and energy. The 224 Valkyrie will initially be available in four loads: 90-grain Gold Medal Sierra MatchKing, 60-grain Nosler Ballistic Tip Varmint, 90-grain Fusion MSR and 75-grain American Eagle TMJ. These proven Federal Premium bullet offerings provide options for long-range competitors, target shooters and hunters pursuing game from varmints up to deer-sized animals. Part No.: GM224VLKM1 /224 Valkyrie 90-grain Gold Medal Sierra MatchKing /$31.95. Part No.: P224VLKBT1 /224 Valkyrie 60-grain Nosler Ballistic Tip /$26.95. Part No.: F224VLKMSR1 /224 Valkyrie 90-grain Fusion MSR /$28.95. Part No.:AE224VLK1 /224 Valkyrie 75-grain American Eagle TMJ /$12.95. Reloading data will be available in spring of 2018, when SAAMI releases its load-building specifications. However, reloading die sets will be available from RCBS, and other ammo-building components will also be offered by several popular brands.

Federal Cartridge Cuts More Jobs in Anoka

Federal Cartridge laid off another 14 workers, bringing the number of workers dismissed so far in 2017 to 186 as the company copes with declining demand. In three actions since March 1, Federal Cartridge has downsized from 1,430 workers in Anoka to about 1,246. The most recent layoff occurred affecting warehouse employees who work a mile from Federal's manufacturing plant.

Federal Cartridge Boosts Cuts to 12% of Staff

Federal Cartridge has either laid off or given buyout packages to 12% of its workforce in Anoka, with more cuts in the last two weeks. Last week, 21 salaried engineers, plant supervisors and other workers were laid off. This week, 21 hourly workers took buyouts. The cuts were on top of 130 layoffs earlier in the month, bringing the total number of displaced workers to 172. The departures drop the Anoka plant's employee count down to about 1,260 from 1,430. The company originally said 110 had been laid off in early March but revised that number to 130.

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