Olympic Arms closes up shop.

After some forty years, Olympic Arms closes it’s doors on February 28th, 2017. I have to wonder if this is a sign of things to come, due to the market saturation of AR-15s and manufactures. I truly hope not but I expect to see more manufactures to either go out of business or begin to diversify. I do hope they take heed and shore up their business model.

As copied from the Olympic Arms website 

The Schuetz family would like to express their heartfelt thanks to all their friends, associates, and partners that have been a part of the Olympic Arms experience. Most of all we would like to thank our loyal customers and patrons who have been with us all this time.

In the course of closing, we are announcing the following changes in policy effective immediately:

  1. All sales are final.
  2. No refunds or returns will be accepted after 1-25-2017.
  3. On-line Shopping Cart will be active and effective while supplies last.
  4. All Warranty service ceases 1-25-2017. Warranty work and repairs currently in-house will be serviced and returned.
  5. New orders will only be taken for inventory currently in stock, or that can be built from remaining inventory.
  6. All inventory will be liquidated.
  7. ALL SALES will cease at close of business 28 February, 2017

Thank you for your patronage.

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2 Responses to Olympic Arms closes up shop.

  1. Kiwacka January 27, 2017 at 3:07 pm #

    Could be a trend for 2017.
    Bummer for them, my first CAR-15 was an old Olympic from the 80’s that I picked up when living in NC 2001. Its classic looking and still turns heads when I bring it to the range.

  2. Bob Jones January 28, 2017 at 11:03 am #

    Hope this not a harbinger of things to come. Don’t know much about the company except that they offered a number of calibers. One wonders where the market will settle out after the past 8 years of record sales in the firearms related industry.

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