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A leading global manufacturer of ammunition
plans to spend $300 million to establish a new
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plant in Oklahoma.
State and company officials announced Monday.
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CBC Global Ammunition, a Brazilian company that
also owns the Magtech,
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MEN, and Centerfire brands of small caliber
ammunition, will establish what will be its
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third US facility at the Mid-America Industrial
Park in the state’s northeastern corner.
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Company officials said the factory will be
capable of producing center fire cartridges.
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From 9 mm to 12.7 millimeters for the military,
law enforcement,
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and sports and hunting markets, it is expected
to create 350 jobs.
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CBC President Fabio Mazzaro said that the
Oklahoma project will be a cornerstone for the
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company’s growth in the US, which he called the
world’s most important market for small caliber
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ammunition.
Mazzaro added that the company eventually hopes
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to build a leading vertically integrated
business with in-house production of all
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components.
Propellant and critical raw materials.
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Groundbreaking at the 550 acre site, part of
what was once a World War II era munitions
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plant, is expected to take place later this
year.
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Oklahoma officials said the deal included an
undisclosed amount of state incentives.
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CBC says it has a global workforce of over 4000
and produces nearly 2 billion rounds of
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ammunition annually.
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Magtech is the company’s master distributor in
the US.
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I’m Andy Zal.
This is manufacturing now.