When did Triton Ammuntion Inc. go under?

1741 Views 8 Replies 5 Participants Last post by Dean Speir, Mar 4, 2004

Fortyfied

Discussion Starter · Mar 2, 2003

I called and e-mailed Triton over the last couple weeks... no answers to either.

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Well, if you hear the story from the current owners of Triton, everything is fine. In fact they are expanding their marketshare and reaching out to other ammo companies to sub out production.

To clearly see the truth of the matter one only needed to see the Triton booth at this past SHOT Show. Known as the “black hole”, they had a ten foot by ten foot area of black carpet. That was it. No one to run the booth and nothing to display.

Reality is the company was pretty much out of business when I left in July of 2002. When Schmit left Triton shortly thereafter things only got worse. When Dave Sevigny left they were left with no full time employees at the production facility. Their CEO resigned his position. Then their sales guy (right after being promoted to CEO) was fired. Right before leaving their salesman blew out a bunch of the remaining ammo inventory to a dealer in FL, so there is some ammo available. I believe another place in West Virginia also got a bunch of the remaining ammo.

I hope ATK or one of the other major ammo companies picks up the Quik-Shok patents from Tom Burczynski.

On a brighter note, welcome to the site!

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Fernando Coelho

· #3 · Mar 19, 2003

"As The Bullet Turns"

The latest update is the current owners of Triton are trying to get a company in FL to load the ammo for them. An interesting approach. When you can't do it yourself seek out someone who can do it for you.

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TBeck

· #4 · Dec 17, 2003

Is there any chance that the ammo will be loaded in Casselberry? I sure hope that guy who runs American Ammo down in Miami won't be doing it. That's the ammo that comes in the bubblepack and sells in The Sportsman's Guide so reasonably.

What's the difference between copper-jacketed and copper-washed ammo? Try five hundred rounds in a Glock 21 and see! :shock:

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Fernando Coelho

· #5 · Dec 17, 2003

The company that supposedly bought the rights to Triton is called Precision Ammo. They were working on buying the assets from a group in Long Island.

Latest word from Precision is they are now not going to pursue releasing the Triton line since they landed a large government contract for lead-free frangible ammo. Something very fishy about that story. If they paid hundreds of thousands of dollars for the rights to the Quik-Shok patents and all the Triton assets, why not release the ammo? Hmmmm....

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Captain

· #6 · Mar 4, 2004

I talked with the "owners" of American Ammunition at SHOT and they told us that they had just finished purchasing all of what was left of Triron the day before SHOT (including the rights to Quik Shok). If these folks are going to be loading anything with the Triton name, it's not gonna be a good thing for the consumer! Their ammo is pretty much regarded as junk from the message boards.

Hello again Fernando! All is going well here! Hope things are good for you!

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Dean Speir

· #7 · Mar 4, 2004

Captain said:
I talked with the "owners" of American Ammunition at SHOT and they told us that they had just finished purchasing all of what was left of Triton the day before SHOT (including the rights to Quik Shok).

Hola, Captain…

Welcome to the Forum.

I spoke with those same people at American Ammo… second year in a row… and asked the same question I had gotten a pretty decent answer to in Orlando. Essentially it was "Have you guys figured out why your ammo and Glock's pistols have such a bad history?" Last year the answer came from one of the principals, and it was an honest "Beats the bejabbers outta us, and it's making us nuts!"

This year I got a hapless "Sales Manager" who had that ol' stricken doe in the path of a Peterbilt look, and stammered and fumbled his way though a general denial, but it was clear that he was clueless.

Then I asked him about their "association" with IMI (ask your boss about what happened when the last ammo company with their "AA" initials got in bed with the Israelis!) and the Triton Ammo banner their exhibit was almost flying, and the po' bastid started on some blather about yes, they had acquired Triton and would be coming out with Quik-Shok, etc. Then I introduced him to the fellow at my elbow, and I thought he was gonna pass out.

So that was all fine 'til I got together with the guy at Precision Ammo, and it seems that, to borrow an appropriate word from Br'er S.L. Clemens, albeit in another context, AA's pronouncement about Triton was, um, "premature."

I have yet to get a definitive resolution to these disparate pieces of information, but given the woeful track record of ammo companies' minor factotums for credibility, I'm going to the Precision officer for the time being.

If these folks are going to be loading anything with the Triton name, it's not gonna be a good thing for the consumer! Their ammo is pretty much regarded as junk from the message boards.

In general your advisory is well-taken, but there's several other factors at work here which kinda fall under the heading of "Full Disclosure."

Are you aware of the Federal Contract involved here? [/*:1fd5tblb]
Do you have a horse in this race?[/*:1fd5tblb]

It's important to know these things so that the quality of information is put in the proper context, wouldn't you agree?

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Captain

· #8 · Mar 4, 2004

DeanSpeir said:
Captain said:

I talked with the "owners" of American Ammunition at SHOT and they told us that they had just finished purchasing all of what was left of Triton the day before SHOT (including the rights to Quik Shok).

Click to expand...

Hola, Captain…

Welcome to the Forum.

I spoke with those same people at American Ammo… second year in a row… and asked the same question I had gotten a pretty decent answer to in Orlando. Essentially it was "Have you guys figured out why your ammo and Glock's pistols have such a bad history?" Last year the answer came from one of the principals, and it was an honest "Beats the bejabbers outta us, and it's making us nuts!"

This year I got a hapless "Sales Manager" who had that ol' stricken doe in the path of a Peterbilt look, and stammered and fumbled his way though a general denial, but it was clear that he was clueless.

Then I asked him about their "association" with IMI (ask your boss about what happened when the last ammo company with their "AA" initials got in bed with the Israelis!) and the Triton Ammo banner their exhibit was almost flying, and the po' bastid started on some blather about yes, they had acquired Triton and would be coming out with Quik-Shok, etc. Then I introduced him to the fellow at my elbow, and I thought he was gonna pass out.

So that was all fine 'til I got together with the guy at Precision Ammo, and it seems that, to borrow an appropriate word from Br'er S.L. Clemens, albeit in another context, AA's pronouncement about Triton was, um, "premature."

I have yet to get a definitive resolution to these disparate pieces of information, but given the woeful track record of ammo companies' minor factotums for credibility, I'm going to the Precision officer for the time being.

If these folks are going to be loading anything with the Triton name, it's not gonna be a good thing for the consumer! Their ammo is pretty much regarded as junk from the message boards.

Click to expand...

In general your advisory is well-taken, but there's several other factors at work here which kinda fall under the heading of "Full Disclosure."

Are you aware of the Federal Contract involved here? [/*:30p8yeit]

Do you have a horse in this race?[/*:30p8yeit]

It's important to know these things so that the quality of information is put in the proper context, wouldn't you agree?

No and no are the answers to your questions. Yes I would certainly agree. You don't know me very well, but if/when you finally do, you'll find that I'm a straight shooter and not someone with a hidden agenda. I was open minded enough to give you that nice press kit at SHOT!

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Dean Speir

· #9 · Mar 4, 2004

Captain said:
No and no are the answers to your questions. Yes I would certainly agree. You don't know me very well, but if/when you finally do, you'll find that I'm a straight shooter and not someone with a hidden agenda. I was open minded enough to give you that nice press kit at SHOT!

I thought that might be you… may I without offense inquire as to why you would need an "open mind" to present me with a press kit? There I was wearing my Press Credentials and with what passes with me as a winning smile… inquiring solicitously after your predecessor, a former member of the Firearms Fouth Estate. What were you gonna do? Cough discreetly and look the other way?

In regards that "nice press kit," and I have no one to blame but myself as Tim Burke gently reminded me, I threw it in my computer carrier, and wound up being detained at McCarren Aeroport by the nice TSA lady who said, "Now you know I can't let you on board with this!"

Let me just say that a small knife was not the most well thought-out piece of gunwriter graft Pete could've come up with… under the circumstances!

Now, all that aside, I'm watching the A-MERC/IMI/Triton/Precision deal with considerable interest, to see who's lying… or at least "overly optimistic," as it t'were… and who's gonna come out of this with a valuable IP asset.

Surprised that you aren't up-to-speed on the federal contract.

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