December 11, 2017 5:24 AM 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 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.

Federal Cartridge Slashes 110 Jobs

Federal Cartridge laid off 110 production workers at its ammunitions plant in Anoka over the weekend. Affected workers were notified and let go through the weekend. All layoffs are effectively immediately. The factory had roughly 1,300 employees before the announcement. News of the layoffs came as a surprise to state officials, who in November approved $1.15 million in state grants and loans for Federal Cartridge.

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