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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private
Now, USA TODAY and Fox News report that the manufacturer of the popular semi-automatic rifle, valued for its customizability and low cost, was DPMS “Panther Arms,” which is currently based in ...
Palmetto State Armory is an American firearms company based in Columbia, South Carolina. The name is derived from South Carolina 's official nickname, "The Palmetto State". [ 1 ] Palmetto State Armory operates several retail locations around the states of South Carolina, Georgia and North Carolina .
Under Cerberus's direction, Bushmaster Firearms acquired Cobb Manufacturing, a manufacturer of large-caliber tactical rifles, in August 2007. Cerberus also acquired DPMS Panther Arms on December 14, 2007. [83] [84] Remington Arms acquired Marlin Firearms in January 2008.
Tier 1 Group is owned and funded by Cerberus Capital Management which also owns Remington Arms, Bushmaster Firearms International, LLC, Inc., and DPMS Panther Arms among other companies. Tier 1 Group was formed sometime around 2005.
These cities in the US take the right to bear arms to another level with laws that require citizens to own a gun
Roundhill Group: the non-Marlin firearms business, later structured under RemArms, LLC, which licenses the Remington name from Vista Outdoor and operates Remington Firearms; Sierra Bullets: the Barnes ammunition business; Sturm, Ruger & Co.: the Marlin firearms business; JJE Capital Holdings: the DPMS, H&R, Stormlake, AAC and Parker brands
Freedom Group had previously purchased Marlin Firearms and DPMS Panther Arms in 2007. Cerberus combined DPMS and other firearm companies with Remington Arms, Bushmaster Firearms International, and Cobb Manufacturing to form the Freedom Group. [8]