Beretta Holding Group, headed by President and CEO Dott. Pietro Gussalli Beretta, is increasing its already strong place in the US after the acquisition of Norma Precision by investing $60 million into a state-of-the-art manufacturing and distribution facility for ammunition in Savannah, Georgia.
In addition to the planned facility in Georgia, Beretta Holding Group already employs around 1,000 employees throughout the US with Beretta USA, Benelli USA, Burris, Steiner Optics, and Norma Precision, and is one of the oldest family-owned businesses in the world. With the new facility, the company has the opportunity to significantly add to the network its US holdings with the manufacturing of ammunition.
“I am delighted to announce our commitment to invest $60 million through our newly acquired US ammunition subsidiary, Norma Precision. Together with my Family and Beretta Holding, we are very proud to add ammunition manufacturing to our US presence. That is a very special moment as we can now provide our loyal and dedicated US customers with a full range of locally manufactured premium products spanning from firearms to ammunition and optics, all united under the same Group. We are also supporting the local economic network by creating hundreds of new jobs.” stated Dott. Pietro Gussalli Beretta, President and CEO of Beretta Holding S.A.
Beretta Holding S.A., the parent company of the Beretta Holding Group, is recognized as the worldwide leader in premium light firearms, premium ammunition, optics, and lifestyle items. With the acquisition of Norma Precision, it is adding the 120-year-old ammunition manufacturer to the portfolio to go along with the planned new facility. The new facility will cover the entire ammunition value chain, from manufacturing to assembly and including distribution tasks. The company stated the investment into the building is a major step forward for them and its commitment to customers from hunting, sport shooting, outdoor, military, and law enforcement sectors.
