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Shooting Industry June 2010 - Page 8

Industry Industry news Tips For Selling Laser Sights — pg. 18 Firearms Industry Posts $27.8 Billion Economic Impact W ASHINGTON, D.C. — At a Capitol Hill breakfast briefing on April 29, NSSF released a newly commissioned report detailing the significant economic impact the firearms and ammunition industry has on the nation’s and states’ economy. “During difficult economic times and high unemployment rates nationally, our industry actually grew and created 16,800 new, well-paying jobs,” said Steve Sanetti, NSSF president. “Our industry is proud to be one of the bright spots in this economy.” The “2010 Firearms and Ammunition Industry Economic Impact Report” shows a total economic impact during 2009 of $27.8 billion, a 44.8-percent increase over 2008. Also cited in the Economic Impact Report were the significant taxes paid by industry companies to federal and state governments, and the Pittman-Robertson excise tax the industry pays on the products it sells. This tax is the major source of wildlife conservation funding in America. “In 2009, our industry increased its contribution to wildlife conservation by over 37.6 percent, which translates into sportsmen contributing more than $7.5 million dollars daily to conservation efforts,” said Lawrence G. Keane, NSSF senior vice president and general counsel. “We look forward to speaking with members of Congress about important legislative and regulatory issues that will allow our industry members to continue to grow their businesses and create new jobs in their communities.” NSSF also announces it has awarded Hunting Heritage Partnership grants to seven state wildlife agencies and, for the To Increase Hunting first time, the regional Western Association of Fish and Wildlife Agencies, in continued efforts to increase hunting. A total of $419,150 in grants will be distributed. Now in its eighth year, NSSF’s Hunting Heritage Partnership program has contributed more than $3.7 million in support of projects managed by state natural resource agencies. “These grants will support effective, pro-hunting projects by state agencies that otherwise may not have been launched because of lack of funding during these challenging times for state economies,” Sanetti said. “These projects address hunting’s biggest challenges, including access, mentoring and using new media tools to communicate with young hunters.” For more information on the 2010 Economic Impact Report and the Hunting Heritage Partnership grants, visit www.nssf.org. Key Points: Economic Impact Jobs Wages Impact Key Points: Taxes Federal State Excise 2008 1 66,200 $6,361,205,400 $1 9,1 99,634,700 2009 1 83,424 $8,210,881,000 $27 ,846,304,300 2008 $1,503,740,471 $1,299,088,678 $327,070,867 2009 $2,035,1 54,440 $1,909,41 7,793 $450,1 77,780 Kimber Presents $75,000 To USA Shooting imber presented USA Shooting with a check for $75,000 at the SHOT Show in January, as part of an ongoing partnership. Kimber owner and CEO Leslie Edelman made the presentation, the latest installment based on sales of the Kimber Team Match II pistol. The check increased Kimber’s total contributions to $750,000, the largest donation by a firearms company in USA Shooting’s history. The Team Match II has a stainless steel slide and frame, and an engraved USA Shooting Logo on the red, white and blue grips. For more information, visit www.kimberamerica.com and www.usashooting.org. Leslie Edelman (second from right), Kimber owner, presents a $75,000 check to USA Shooting team members (l to r) Collin Wietfeldt, Corey Cogdell, Frank Thompson, Amber English, Keith Sanderson, Kim Rhode, Sean McLelland and Michael McPhail. K $27.8 Billion Industry Economic Impact See page 8 SHOT Show Auction Supports Heritage See page 15 $15,100 Spent By First Shots Graduates See page 20 $1.5 Million Join Us On The Firing Line For The SHOOTING INDUSTRY MASTERS! Page 45 8 JUNE 2010 Read SI DIGITAL www.shootingindustry.com

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