{"id":2797,"date":"2012-12-03T13:10:00","date_gmt":"2012-12-03T13:10:00","guid":{"rendered":"https:\/\/onlygunsandmoney.com\/2012\/12\/03\/they-ditch-firearms-registry-and-now\/"},"modified":"2019-08-16T18:20:09","modified_gmt":"2019-08-16T18:20:09","slug":"they-ditch-firearms-registry-and-now","status":"publish","type":"post","link":"https:\/\/onlygunsandmoney.com\/?p=2797","title":{"rendered":"They Ditch The Firearms Registry And Now This"},"content":{"rendered":"<div class='__iawmlf-post-loop-links' style='display:none;' data-iawmlf-post-links='[{&quot;id&quot;:14769,&quot;href&quot;:&quot;http:\\\/\\\/www.otpp.com\\\/wps\\\/wcm\\\/connect\\\/otpp_en\\\/home\\\/newsroom\\\/news+releases\\\/2012\\\/otpp_plano&quot;,&quot;archived_href&quot;:&quot;&quot;,&quot;redirect_href&quot;:&quot;https:\\\/\\\/www.otpp.com\\\/wps\\\/wcm\\\/connect\\\/otpp_en\\\/home\\\/newsroom\\\/news%20releases\\\/2012\\\/otpp_plano&quot;,&quot;checks&quot;:[],&quot;broken&quot;:false,&quot;last_checked&quot;:null,&quot;process&quot;:&quot;done&quot;}]'><\/div>\n<p>\nFirst the Canadian government ditches the firearms registry and now you have Canadian pension plans buying US firearms accessories manufacturers.<\/p>\n<p>The Ontario Teachers&#8217; Pension Plan just bought Plano Molding Company of Plano, Illinois. Plano makes everything from tackle boxes to cosmetics cases with a large line of gun cases in the middle. I know about those gun cases because I have a number of them.<\/p>\n<p><a href=\"http:\/\/www.otpp.com\/wps\/wcm\/connect\/otpp_en\/home\/newsroom\/news+releases\/2012\/otpp_plano\" target=\"_blank\" rel=\"noopener\">From the press release by OTPP<\/a>:<\/p>\n<blockquote class=\"tr_bq\"><p>\n<br \/>\n<i>TORONTO (November 28, 2012) \u2013 Ontario Teachers\u2019 Pension Plan (Teachers\u2019) today announced an agreement for the acquisition of Plano Molding Company, Inc. (Plano), the premier supplier of outdoor sports storage systems.<\/p>\n<p>Based in Plano, Illinois, and founded in 1932, Plano is recognized as the leading brand in fishing and fall sports markets where it enjoys dominant market shares in tackle boxes, bait storage, gun cases, archery cases, and ice fishing products. It also produces cases for cosmetics, tools and crafts, as well as storage containers and shelving for home and office.<\/p>\n<p>Teachers\u2019 is making the acquisition through its private equity investment division, Teachers\u2019 Private Capital (TPC). Terms of the transaction are not being disclosed.<\/p>\n<p>\u201cPlano has exceptionally strong brands and product categories supported by attractive market characteristics. It also benefits from its long-standing relationships with top North American retailers,\u201d said Jane Rowe, Senior Vice-President of TPC.  \u201cPlano\u2019s proven management team has a record of solid organic growth and has strongly positioned the company to benefit from acquisition opportunities. We look forward to supporting their success.\u201d<\/p>\n<p>\u201cThe Plano management team and I are extremely excited to be partnering with Teachers\u2019,\u201d stated Tom Hurt, the Company\u2019s President and CEO. \u201cTogether we look forward to growing Plano\u2019s heritage brands to their full potential and continuing our dedication to exceeding our customer expectations in product innovation, market leadership and world-class customer service.  An exciting new journey has just begun for Plano, our valued associates and the many market leading brands under our umbrella.  The Teachers\u2019 partnership in Plano promises to yield more exciting opportunities than ever before.\u201d<\/i><\/p><\/blockquote>\n<p>\nH\/T The Outdoor Wire <\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>First the Canadian government ditches the firearms registry and now you have Canadian pension plans buying US firearms accessories&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[1],"tags":[1339,3501,3502],"class_list":["post-2797","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-firearms-industry","tag-ontario-teachers-pension-plan","tag-plano-molding"],"_links":{"self":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/2797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2797"}],"version-history":[{"count":1,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/2797\/revisions"}],"predecessor-version":[{"id":8576,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=\/wp\/v2\/posts\/2797\/revisions\/8576"}],"wp:attachment":[{"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onlygunsandmoney.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}