According to the local newspaper, HPR Ammunition has shuttered its operation in Payson Arizona.
HPR Ammunition reportedly sent more than 30 employees home Sept. 13, 2016 and closed its doors.
The business remains closed, but Payson officials say the owners have said they plan to reopen as soon as possible.
The owners of the company did not return calls seeking comment.
However, other sources said the company’s chief lender called in all its loans, apparently having something to do with the company’s efforts to open another, much larger plant in Tennessee.
With the Tennessee plant still not up and the creditors calling in their markers for what’s left of the Arizona ammo plant, hang on to those boxes of HPR ammo you currently have, they’re about to become collector’s items… 😀