DPMS Panther Arms
Firearms | |
| Founded | 1985 |
|---|---|
| Headquarters | , United States |
Area served | Worldwide |
| Products | Firearms |
| Owner | JJE Capital Holdings LLC(Palmetto State Subsidiary) |
| Website | https://dpmsinc.com/ |
DPMS (Defense Procurement Manufacturing Services) Panther Arms is an
History
Randy Luth founded Defense Procurement Manufacturing Services (DPMS) in 1985 in
DPMS moved to St. Cloud, Minnesota, in 2004. In 2007, the firm was named one of The Minneapolis-St. Paul Business Journal's "50 fastest-growing privately held companies". DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008.[1]
On December 20, 2012, Cerberus announced they were selling their Freedom Group brands, including DPMS, based on pressure from a California pension board.[3][1]
DPMS was purchased by JJE Capital Holdings LLC on September 29, 2020, during the Remington bankruptcy proceedings.[4]
Products
The company manufactures AR-15 style rifles chambered in
The company attracted attention within the firearms industry with its version of the AR-10, the Panther LR-308, earning Shooting Illustrated's 2005 Golden Bullseye Award for "Rifle of the Year". In 2006, the Panther LR-308AP4 earned American Rifleman's Golden Bullseye Award for "Rifle of the Year".[5] In 2008, DPMS introduced the LR-338 chambered in the .338 Federal cartridge.[6]
Production relocation
DPMS's St. Cloud production facility with 115 employees was closed and production has been moved to Remington's new non-union facility in
Notes
- ^ a b "St. Cloud gunmaker moving to Alabama". St. Cloud Times. May 16, 2014. Archived from the original on May 20, 2014. Retrieved May 20, 2014.
- ^ "DPMS Acquired By Cerberus. Joins Bushmaster and Remington. « Daily Bulletin". bulletin.accurateshooter.com. Archived from the original on 2021-08-18. Retrieved 2021-10-22.
- ^ Lattman, Peter (December 18, 2012). "In Unusual Move, Cerberus to Sell Gun Company". DealBook.
- ^ Rupp, J. Scott (October 1, 2020). "The Remington Sell-Off". RifleShooter. Archived from the original on December 10, 2021. Retrieved December 9, 2021.
- ^ "NRA 2006 Golden Bullseye Awards". Archived from the original on 2007-09-27. Retrieved 2007-06-17.
- ^ "DPMS LR-338: An AR-Style Rifle Chambered in .338 Federal For Serious Hunting". 30 March 2013. Archived from the original on 24 March 2009. Retrieved 14 June 2008.
- ^ "Remington Arms moving two assembly lines from Ilion to Alabama because of NY Safe Act, senator says". Syracuse.com. May 16, 2014. Archived from the original on December 26, 2017. Retrieved May 20, 2014.
- ^ "Remington to move production of two gun lines from New York to Alabama". Archived from the original on 2016-05-06. Retrieved 2014-05-20.
- ^ "St. Cloud-based gun maker DPMS Panther Arms moving to Alabama". May 15, 2014. Archived from the original on August 18, 2021. Retrieved October 22, 2021.
- ^ Allenspach, Kevin. "St. Cloud gunmaker moving to Alabama". St. Cloud Times. Archived from the original on 2021-10-22. Retrieved 2021-10-22.
External links
- DPMS Panther Arms Archived 2020-02-01 at the Wayback Machine
| Albertsons |  | |
|---|---|---|
| YP Holdings |
| |
| Other |
| |
