DPMS Panther Arms

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DPMS Panther Arms
Subsidiary
Industry Firearms
Headquarters St. Cloud, Minnesota, United States
Area served
Worldwide
Products Firearms
Owner Remington Outdoor Company
Website www.dpmsinc.com
End user modified DPMS Oracle AR-15

DPMS (Defense Procurement Manufacturing Services) Panther Arms manufactures a wide range of military and civilian rifles in Huntsville, Alabama.

History[edit]

Randy Luth founded Defense Procurement Manufacturing Services (DPMS) in 1985 in Osseo, Minnesota as a precision machine shop for manufacturing M203, M14 and M16 parts for U.S. military contracts. In the later 1990s, the company employed 30 people selling Colt 1911 and AR-15 parts and accessories and moved the company to Becker, Minnesota. DPMS later began producing AR-15 style rifles.

DPMS moved to St. Cloud, Minnesota in 2004. In 2007, the firm was named one of The Minneapolis-St. Paul Business Journal's "50 fastest-growing privately held companies." DPMS doubled its revenue between 2004–07 and employed 65 people in 2008.[1]

Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group is a consortium of firearms manufacturers and part of Cerberus Capital Management, a New York private equity investment firm. Cerberus combined DPMS with Bushmaster Firearms International, Remington Arms and Cobb Manufacturing to form the Freedom Group.[2] Remington is the company's immediate corporate parent.

On December 20, 2012, Cerberus announced they were selling their Freedom Group brands, including DPMS, based on pressure from a California pension board.[3] This transaction has failed to occur as of May 2014.[4]

Products[edit]

DPMS AR-15 style rifle with 20- & 30-round magazines

The company manufactures AR-15 style rifles chambered for the .223 Remington, 5.56×45mm NATO, .308 Winchester, and .260 Remington cartridges, among others.

The company attracted attention within the firearms industry with its version of the AR-10, the Panther LR-308, earning the NRA Publication's magazine Shooting Illustrated 2005 Golden Bullseye Award for Rifle of the Year. In 2006 the "Panther LR-308AP4" earned the NRA Publication's magazine American Rifleman Golden Bullseye Award for Rifle of the Year.[5] In 2008, DPMS introduced the LR-338 chambered in the .338 Federal cartridge.[6]

Production relocation[edit]

DPMS's St. Cloud production facility with 115 employees was closed and production has been moved to Remington's new non-union facility in Huntsville, Alabama. Remington's Ilion, New York, production facility closed down two production lines for their Bushmaster-branded AR-15 style semi-automatic rifle and R-1 1911 pattern pistol and moved them to Huntsville. In 2014 Remington moved production of two gun lines and 150 jobs from New York to Alabama because of New York state's gun laws which banned the sale of those products in the state,[7] and consolidated its production from six locations into Huntsville in order to increase efficiency, and reduce production and labor costs.[8][9][10] The six companies being relocated were: Advanced Armament Corp, of Lawrenceville, Georgia; Montana Rifleman, of Kalispell, Montana; TAPCO; LAR Manufacturing, of West Jordan, Utah; Para USA (formerly Para-Ordnance); and DPMS.

Notes[edit]

External links[edit]