Looks like another gun company bites the dust, this time it’s Olympic Arms. After 40 years of business the AR makers are shutting their doors. Their last day of operations will be Feb 28th 2017. They posted the notice below on their website and social pages. Could this be a sign of things to come with the firearms industry, especially AR-15s? Some have said there was an AR bubble. During all the gun control hype with the last administration lots of AR companies sprang up to meet the increased demand, with that demand lowering we may see more gun companies closing up shop or at least lowering prices or innovating to stay in business. Which isn’t a bad thing.
After more than 40 years of business, it is with great sorrow that we announce that February 28th, 2017 will be the last day of operation for Olympic Arms, Inc.
The Schuetz family would like to express their heartfelt thanks to all their friends, associates, and partners that have been a part of the Olympic Arms experience. Most of all we would like to thank our loyal customers and patrons who have been with us all this time.
In the course of closing, we are announcing the following changes in policy effective immediately:
All sales are final.
No refunds or returns will be accepted after 1-25-2017.
On-line Shopping Cart will be active and effective while supplies last.
All Warranty service ceases 1-25-2017. Warranty work and repairs currently in-house will be serviced and returned.
New orders will only be taken for inventory currently in stock, or that can be built from remaining inventory.
All inventory will be liquidated.
ALL SALES will cease at close of business 28 February, 2017