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The Water Cooler
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Ammunition plant to open near Texarkana (including primer production)- high prices create supply
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<blockquote data-quote="Dumpstick" data-source="post: 3713525" data-attributes="member: 41653"><p>I would take this with a grain of salt. Check out Expansion Industries. 20 employees, and $1.4 million in sales. I know a pool installer that does that with one employee. </p><p></p><p>They buy and resell surplus powder. EI took over $1 million in free (non-repayable) Covid (loan) money in 2021. </p><p></p><p>How in the world will they get hold of $100 million ? I don't think they did. </p><p></p><p>The plant is an abandoned DoD plant, that DoD decided wasn't worth reopening. The last people to run it were paid to run the plan t. No investment has gone in to the physical structure or machinery in decades.</p><p></p><p> I think the $100 is a phantom number, that is what they (EI) claim the plant and property and worn-out equipment is worth.</p><p></p><p>I hope this works, but I think it's a scam to get more free taxpayer money.</p></blockquote><p></p>
[QUOTE="Dumpstick, post: 3713525, member: 41653"] I would take this with a grain of salt. Check out Expansion Industries. 20 employees, and $1.4 million in sales. I know a pool installer that does that with one employee. They buy and resell surplus powder. EI took over $1 million in free (non-repayable) Covid (loan) money in 2021. How in the world will they get hold of $100 million ? I don't think they did. The plant is an abandoned DoD plant, that DoD decided wasn't worth reopening. The last people to run it were paid to run the plan t. No investment has gone in to the physical structure or machinery in decades. I think the $100 is a phantom number, that is what they (EI) claim the plant and property and worn-out equipment is worth. I hope this works, but I think it's a scam to get more free taxpayer money. [/QUOTE]
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Ammunition plant to open near Texarkana (including primer production)- high prices create supply
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