Camber Outdoors announced that they hired Tiffany Smith as CEO. Most recently, she was the chief development officer for the organization. Smith steps into the new role effective immediately.
Category: Outdoor
Thor Industries Boosts Buyback Program To $600 Million
Thor Industries Inc. said its board has authorized the buyback of up to $600 million while extending the duration of the program by approximately seven months.
Primary Arms Names Senior Director Of HR
Primary Arms has announced the hiring of Osvaldo “Ozzie” Cortes to the position of Senior Director of Human Resources.
Compass Diversified Joins Russell 2000 And 3000 Indexes
Compass Diversified (CODI) announced that it has been added to the Russell 2000 and 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. stock market opens Monday.
National Park Visitor Spending Pumped $42.5B Into U.S. Economy In 2021
The Department of the Interior announced that visitor spending in communities near U.S. national parks in 2021 resulted in a $42.5 billion benefit to the nation’s economy and supported 322,600 local jobs.
Dick’s Sporting Goods To Close Montgomery Store
Dick’s Sporting Goods announced the closing of its store at EastChase in Montgomery, AL, according to Alabama News.
Freedom Munitions To Expand Manufacturing Capacity
Kash CA, Inc., the parent company of Freedom Munitions, broke ground on a new facility intended to expand Freedom’s line of rifle ammunition.
KKR-Led Consortium Acquires Nearly All Of Accell Group Shares
A consortium headed by investment firm KKR has acquired 96.9 percent of Accell Group shares during the post-acceptance period that ended Thursday.
Employees At REI’s Berkeley, CA Store Seek To Unionize
Employees working at REI’s Berkeley, CA store have asked the outdoor retailer to recognize their intent to form a union, according to Berkleyside.org; this comes after employees working at REI’s Manhattan store in March voted to create the first union at the co-op.
RV Retailer Expands Into Michigan With Acquisition Of A&S RV Centers
RV Retailer, LLC (RVR) announced the acquisition of A&S RV Centers with two locations in Auburn Hills and Midland, MI.
Gearhead Outfitters To Relocate Fayetteville Store
Gearhead Outfitters will relocate its Fayetteville store from Dickson Street to 101 North Block Avenue in Fayetteville, NC and is expected to open this fall.
Infinited Fiber Company Plans $420 Million Factory
Finnish recycled fiber company Infinited Fiber plans to build its first commercial-scale Infinna fiber factory at Stora Enso’s Veitsiluoto industrial site in Kemi, Finland’s northernmost region of Lapland. The size of the planned investment is around €400 million ($420 mm).
Laka Receives Funding From Porsche Ventures
E-mobility insurance company Laka has secured funding from Porsche Ventures, bringing its Series A investment to $13.5 million.
Supreme Court Strikes Down New York Gun-Control Law
The Supreme Court of the United States (SCOTUS) struck down a New York State gun-control provision that placed strict restrictions on firearms outside the home.
Smith & Wesson’s Sales Tumble In Fiscal Fourth Quarter
Smith & Wesson Brands Inc. reported sales fell 43.9 percent in the fourth quarter and 18.4 percent in its fiscal year ended April 30. Earnings were also sharply down, reflecting weakening demand for firearms and inflationary pressures on costs.
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