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This afternoon, the shocking news: SIG SAUER is shutting down in Germany! This is the company's press release regarding the latest news:
"The location disadvantages in Germany for SIG SAUER do not allow for future economical production of sports and law enforcement weapons.
Legislation is increasingly restricting the use of sports weapons.
When awarding contracts to authorities, a few local producers are preferred by both the German police and the Bundeswehr. Due to its international orientation, most developments come from the USA, SIG SAUER has been systematically excluded from the tenders."
"Nevertheless, the shareholders have made significant financial contributions to stabilize the company in recent years, and the company has implemented drastic cost-cutting measures."
"This was intended to secure the traditional company and jobs in Germany."
"In addition to the existing problems, the current impacts of the corona crisis are significantly burdening the continued business operations in Eckernförde."
"Today, Thursday, June 4, the works council was initially informed, followed by the workforce, about this economic situation."
ON TOUR: This was our factory visit to SIG SAUER in Eckernförde
SIG SAUER Germany on the internet: sigsauer-le.com
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