New Logistics Center for Capstone Precision Group LLC
Some major players in the shooting world — Lapua and Berger Bullets, have joined forces under the Nammo AS umbrella. And now, along with Vihtavuori and SK, these businesses will be operated together as Capstone Precision Group, LLC. And Capstone will soon have a new facility in Missouri. A new 30,000-square-foot logistics center has been leased in Pettis County, outside Sedalia. From here, products will be sent to dealers and wholesalers throughout the USA. Capstone Precision Group will invest almost $1 million to launch the new facility.
Missouri’s Governor welcomed Capstone: “Capstone Precision Group’s decision to grow its business in Missouri is great news for families in rural Pettis County. This new distribution center means new quality jobs for hard working Missourians,” said Gov. Eric Greitens. “We’re grateful to Capstone Precision Group for recognizing that Missouri is open for business and our people are ready to work.” LINK: Missouri Department of Economic Development.
NEW Logistics Center for Capstone Precision Group
Nammo AS, an international aerospace and defense company headquartered in Norway, announced that the newly-formed Capstone Precision Group LLC will launch its U.S. logistics center in Pettis County, outside Sedalia. This facility will be the U.S. logistics center for Capstone Precision Group’s four commercial ammunition brands — Lapua, Berger, VihtaVuori, and SK. Additionally, ammunition, components, and smokeless powder will be imported from Finland and Germany and distributed in the U.S. and also exported, while projectiles from the company’s Mesa, Arizona, location will be shipped to Missouri for packaging and distribution.
Raimo Helasmäki, Nammo’s EVP of Commercial Ammunition, said, “Nammo is excited about the creation of the Capstone Precision Group logistic center in Missouri. This move to Missouri is a well thought-through strategy where all the benefits for all counterparts are optimized. The local authorities have been very easy to work with to help develop this project. We look forward to years of growth through this facility”
Capstone Precision Group plans to be fully operational by December 2017. The new Capstone Logistics Center will create 13 jobs initially and up to 21 total over the next five years. The facility will be located at 24732 Randall Road, in Sedalia, MO.
Missouri competed against numerous other states for the distribution facility and was ultimately selected because of the favorable cost of doing business, and the state’s strategic location in the center of the USA. “Capstone Precision Group is a phenomenal company and we are thrilled to welcome them to Missouri,” said CEO of Missouri Partnership Steve Johnson. “It is great to see yet another company take advantage of Missouri’s unique distribution and logistics strengths.”
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Tags: Berger Bullets, Lapua, Logistics Center, Missouri, Nammo, Sedalia, SK Ammo