January 16th, 2021

NRA Files for Bankruptcy with Plans to Re-Locate to Texas

NRA Bankruptcy move texas wayne lapierre

On January 15, 2021, the National Rifle Association (NRA) announced it was filing for Ch. 11 Bankruptcy. This is part of a strategic re-organization that will see the NRA abandon New York State and, hopefully, reincorporate in Texas. It is not clear how this move will impact the current legal action brought by New York Atty. General seeking to dissolve the 150-year-old organization, which was founded in 1871. The New York Times reports: “The bankruptcy filing could delay the resolution of the Attorney General’s case while the matter is litigated in Bankruptcy court.” And a lawyer for the NRA, Wm. Brewer III, stated: “Under this [reorganization] plan, the Association wisely seeks protection from New York officials who it believes have illegally weaponized their powers against the NRA and its members.”

NRA Bankruptcy move texas wayne lapierreIn a letter to members, NRA CEO and Executive VP Wayne LaPierre posted: “We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas.” To facilitate the restructuring, the NRA and a subsidiary have filed Ch. 11 petitions in the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division. LaPierre continued: “The NRA is pursuing reincorporating in a state that values the contributions of the NRA, [that] celebrates our law-abiding members, and will join us as a partner in upholding constitutional freedom. This is a transformational moment in the history of the NRA.”

“The plan allows us to protect the NRA and go forward with a renewed focus on Second Amendment advocacy”, added current NRA President Carolyn Meadows. “We will continue to honor the trust placed in us by employees, members, and other stakeholders[.]” The NRA also announced Marschall Smith will serve as Chief Restructuring Officer. A former Senior VP and General Counsel of 3M Company, Smith has more than 35 years of legal and business experience.

NRA Bankruptcy move texas wayne lapierre

Important Points for Current NRA Members:

1. The NRA is Not Closing Operations — The organization will continue providing services to its members even during the Bankruptcy Proceedings. NRA Leader LaPierre’s letter states: “We will continue to train Americans and teach them firearm safety. We will continue to teach hunter safety” and “We will continue to publish and deliver your magazines.”

2. NRA Memberships Remain in Full Effect — As far as we know, the NRA does NOT plan to nullify or cancel any current NRA memberships through the bankruptcy or re-organization. LaPierre’s letter states: “Importantly, our plans do not impact your membership at any level. NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members.

3. The NRA Will Keep HQ in Virginia — The NRA does NOT plan to abandon its current headquarters in Fairfax, Virginia. However, NRA officials state they might open additional executive offices in Texas.

4. The NRA Will Continue to Use Membership Funds for Operations — LaPierre’s letter to members states: “All membership dues and financial donations will be fully dedicated to supporting our operations and public advocacy. This plan actually improves our business. It protects us from costly, distracting and unprincipled attacks from anti-2A politicians aimed at attacking the NRA because we are a potent political force.” There is no discussion in the LaPierre letter about changes to executive compensation and benefits, or efforts to replace top leadership. The use of NRA funds by Wayne LaPierre and other high-ranking NRA officials has been challenged by forces both inside and outside the organization. Including special pension benefits it has been stated that LaPierre received over $2.15 million in compensation in 2018.*

NRA Bankruptcy move texas wayne lapierre


*In 2019 the Washington Post reported LaPierre had total 2018 compensation of about $2.15 million after a 57% pay raise. In previous years, he had a lower base salary, but was eligible for large pension payouts. According to Celebrity Net Worth: “Wayne LaPierre’s NRA salary starts at $985,000 per year. In most years he also typically earns a bonus of roughly $150,000. Outside of base salary and bonuses, Wayne participates in the NRA’s employee retirement plan. In 2015 he became old enough to receive a $3.7 million distribution from his retirement account. So in that one year, he earned a bit over $5 million, but in most years his salary is closer to $1 million.”

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January 16th, 2021

McMillan Fiberglass Stocks Continues with New Ownership

McMillan Fiberglass Stocks Bob Beck Extreme Outer Limits MOA stocks

McMillan Fiberglass Stocks (“McMillan FS”) has been sold. This notable company, the number 1 name in fiberglass stocks for decades, was started by Gale McMillan and then run by his able son Kelly McMillan. Under Kelly’s leadership, the company expanded its product line, producing outstanding stocks for benchrest shooters, F-Class competitors, sling shooters, hunters, and military marksmen. McMillan also has a modern Mc3 (“McCubed”) division which produces outstanding molded stocks using a state-of-the-art polymer called Zenolite.

McMillan Fiberglass Stocks Bob Beck Extreme Outer Limits MOA stocks

McMillan Fiberglass Stocks Bob Beck Extreme Outer Limits MOA stocksMcMillan Sold to Bob Beck Group
McMillan Fiberglass Stocks has been sold to Bob Beck of Extreme Outer Limits, MOA Rifles, and Rugged Ridge Outdoor Gear. Beck is a longtime customer and friend of Kelly McMillan. Bob’s plan is to continue the success of the legendary brand Kelly and the McMillan family built. He is committing resources to reduce delivery times and maintain McMillan’s dominance as the premium brand for fiberglass and synthetic rifle stocks on the market.

The new owner promises to maintain the advanced designs and top quality of McMillan stocks: “With former President of Berger Bullets Eric Stecker as General Manager, and McMillan’s highly experienced staff staying with the company, [we] will carry on the McMillan brand legacy well into the future. We have many exciting plans and new products coming that will appeal to all long gun enthusiasts.”

McMillan Fiberglass Stocks Bob Beck Extreme Outer Limits MOA stocks

To order a new McMillan stock, visit McMillanUSA.com or call 623-582-9635. These great stocks are still protected by the famous McMillan lifetime guarantee. Check out other company products at Extreme Outer Limits, MOA Rifles, and Rugged Ridge Outdoor Gear.

McMillan Fiberglass Stocks Bob Beck Extreme Outer Limits MOA stocks

Over the years McMillan Fiberglass Stocks supported competitive shooting in a major way — providing sponsorship for individual competitors as well as teams. McMillan was a major sponsor of F-Class Team USA. We want to thank Kelly McMillan and his company for being such a strong supporter of the shooting sports. The success of F-Class Team USA in international competition was aided immensely by the support of Kelly and his company.

Kelly McMillan Fiberglass Stocks
Kelly McMillan at the 2018 Berger SW Nationals.

About McMillan Fiberglass Stocks
Gale McMillan, founder of the McMillan companies, began producing stocks in 1973 for himself for the demanding benchrest matches in which he competed. Fellow competitors, always in search of the next competitive edge, asked the inventor to produce some stocks for their rifles. From these roots, the McMillan family of companies has grown into one of the most well-known and respected brands in the firearms industry.

McMillan Fiberglass Stocks manufactures custom rifle stocks and accessories. Product areas include Tactical, Competition, Benchrest, Hunting & Sport, and Ultralight. Customers include shooters, military, law enforcement, government agencies, custom gunsmiths, and OEM rifle manufacturers.

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January 16th, 2021

Jim Borden Explains “Blueprinting” for Barrel Shoulders & Lugs

Jim borden accuracy blueprinting action receiver prussian blue shoulder lug barrel

Jim Borden, the very knowledgeable owner of Borden Accuracy, provided an interesting historical insight about barrel fitting and the term “blueprinting”. Jim recently posted on the Borden Accuracy Facebook page an explanation of the term “blueprinting” as it originally was used with respect to barrel/shoulder/lug fitting.

Jim borden accuracy blueprinting action receiver prussian blue shoulder lug barrelBarrel/Shoulder Fit and Blue-Printing
Jim told us: “Something often overlooked on barrel installation is the shoulder fit. Many are so overly obsessed with doing a crank-on fit of threads that the shoulder contact is overlooked. Full, solid barrel shoulder to recoil lug or action face is critical to optimum accuracy and precision.

Many years ago part of the ‘blueprinting’ of an action was the use of Prussian blue to ‘blueprint’ lug fit, thread fit, and barrel shoulder fit. It was a colloquial expression that had nothing to do referring to a blueprint or drawing of the action.” Bet you didn’t know that!

About the photo below, Jim noted: “the fuzzy look on the threads is a liberal coating of Never-Seez thread lubricant.”

Jim borden accuracy blueprinting action receiver prussian blue shoulder lug barrel
Look carefully to see the Prussian Blue applied to the barrel shoulder, plus Never Seez on threads.

Jim borden accuracy blueprinting action receiver prussian blue shoulder lug barrel

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