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View Diary: Overnight News Digest October 20 (43 comments)

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  •  Swiss Arms AG and SIG/Sauer are the Swiss MIC (2+ / 0-)
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    jlms qkw, side pocket
    The abolitionists from the Switzerland Without an Army group had argued that the 4.7 billion Swiss francs ($5.1 billion) spent to keep 155,000 troops at the ready was a waste of taxpayer funds in a country that was last involved in war more than two centuries ago following the French invasion under Napoleon Bonaparte.
    SIG Sauer GmbH is the German subsidiary of Switzerland-based manufacturing firm L&O Holding, which also owns Swiss Arms AG....
    Today, SIG Sauer is the largest of the five companies and one of the largest firearms manufacturing entities in the world. It is also the fastest growing firearms maker in the United States, expanding its operations and increasing sales nearly 50% since 2005. SIG Sauer has recently tripled its work force and invested eighteen million dollars into state-of-the-art manufacturing facilities and equipment.
    According to SIG Sauer, one-third of U.S. police use SIG firearms.

    Warning - some snark may be above‽ (-9.50; -7.03)‽ eState4Column5©2013 "I’m not the strapping young Muslim socialist that I used to be" - Barack Obama 04/27/2013

    by annieli on Sun Oct 20, 2013 at 11:21:01 PM PDT

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