SGB Update Sportsmans

Chris-Craft Opens New Manufacturing Facility In Sarasota

Boat manufacturer Chris-Craft, a wholly-owned subsidiary of Winnebago Industries, reported it opened a new manufacturing facility in Sarasota, FL. Building 5 increases the company’s production capacity by 50 percent and spans over 70,000 square feet, allowing for the complete build of boats.

Compass Diversified Re-Works Board As Sally McCoy Plans Departure

Compass Diversified (CODI), owner of Velocity Outdoor, BOA, Marucci, Primaloft, 5.11, and other businesses in the active lifestyle space, announced that its Board of Directors had nominated a new director candidate for election at its 2023 Annual Meeting of Shareholders on May 25.

Ammo, Inc. Extends Share Repurchase Plan

Ammo, Inc.’s Board of Directors approved extending its share repurchase program for up to $30 million of its outstanding common stock until February 2024.

Revo Brands Hires Chief Revenue Officer

Revo Brands, the parent company of Real Avid and Outdoor Edge Cutlery, hired Kenan Ikels as chief revenue officer. In this role, Ikels leads sales for Revo Brands with responsibility for the company’s top-line revenue growth. 

Outdoor Industry Icon, Norm Cavallaro, Passes Away

Outdoor Industry icon Norm Cavallaro passed away on March 18 at 75 surrounded by his family. He was beloved in the industry as the founder and CEO of North Cove Outfitters and was a member of the OIA board. He also served as a brand ambassador for Swarovski Optik, reflecting his passion for birding.

Walmart Laying Off Thousands Of Warehouse Employees

Walmart is laying off hundreds of employees at its e-commerce fulfillment centers nationwide. The company said it made the cuts “to better prepare for the future needs of customers.”

MidwayUSA Names VP, Logistics

MidwayUSA promoted Brian Rose to vice president of logistics. Rose began his career at MidwayUSA in 2016 as an Industrial Engineer.

Amazon To Lay Off Another 9,000 Employees

Amazon’s Andy Jassy, the company’s chief executive, said in a note to employees on Monday that the company is laying off 9,000 corporate and tech employees by the end of April, adding to the 18,000 jobs it cut late in 2022 and again in January 2023.