Ammo maker to open Robeson plant

Posted May 15, 2013

Map Marker  Find News Near Me

— A company that makes ammunition for law enforcement agencies said Wednesday that it plans to open a manufacturing plant in Lumberton, creating 150 jobs over the next three years.

Privately held Cape Fear Arsenal Inc. will invest $15.2 million in the operation, and officials said they plan to bid on contracts for the military and state agencies.

"CFA will apply innovative manufacturing technology and the highly competent Robeson County workforce to produce various calibers of pistol ammunition for an already stressed and lacking ammunition market,” Chief Executive David Hargitt said in a statement.

The average annual wage at the plant will be $41,559, plus benefits. Robeson County's average annual wage is $26,832.

The company qualified for a grant of up to $490,000 from the One North Carolina Fund, which provides financial assistance to attract business projects to the state. Companies receive no money up front and must meet job and investment targets to obtain grant funds.


This story is closed for comments.

Oldest First
View all
  • 3779LRRP May 15, 2013

    A bullet factory just for government use doesn't sound in the best interest of the citizens. Makes no sense to eliminate public sales of ammo and not increase the bottom line for the company. I smell a skunk.

  • matthewwright378 May 15, 2013

    Internet cafe owner is main investor. These owners make a huge economic impact in North Carolina.

  • whatelseisnew May 15, 2013

    I do not want a manufacturer that only provides bullets to the Government. That actually should not be legal. For every round made for Government any manufacturer should be required to manufacture 10 rounds for civilians.

  • RustyDawg May 15, 2013

    That isn't going to put any ammo on Walmart's shelves. The government has purchased enough ammo to wage a 20 year war.

  • mep May 15, 2013

    Taxpayers subsidizes are bad... ammo and jobs are good. This employer would be profitable even without taxpayer money to sweeten the deal.