We are pleased to announce that Shasho Consulting has secured a new location for Nammo moving their local headquarters and manufacturing operation from Virginia to Indian Head, MD. Nammo short for Nordic Ammunition Company, will take up temporary space in Waldorf while their new building is completed in Indian Head. They recently established a 30 year public private partnership with Naval Surface Warfare Center for energetic products and will be making a significant capital investment in new facilities, equipment and human resources in Indian Head.
UPDATE 7/18/18
The Town of Indian Head has given preliminary approval of the building rendering.
The building site is located on Route 210 & North First Street.
From Nammo's Website:
Bakground and Ownership
The company was founded in 1998, based on a merger of three major
Nordic defense companies: Celsius AB, Patria Oyj, and Raufoss ASA. Today
the Nammo Group’s shareholders are the Norwegian Government represented
by the Norwegian Ministry of Trade, Industry and Fisheries (50 percent)
and the Finnish Defense and Aerospace Group, Patria Oyj (50 percent).
Organization and Core Business
The Nammo Group operates through 6 business units: Commercial
Ammunition, Small and Medium Caliber Ammunition, Large Caliber
Ammunition, Shoulder Fired Systems, Aerospace Propulsion, Demil, Sea
Safety and Services. Its product portfolio includes shoulder-launched
munitions systems, military and sports ammunition, rocket motors for
military and space applications, and environmentally friendly
demilitarization services.
Customer base
80% of Nammo’s business comes from national armed forces and national
defense industries in the countries where the organization
operates. The remaining portion of the company’s business is comprised
of commercial sales of services and sports and security products. Of a
2016 revenue of NOK 4.1 billion (USD 490 million), nearly 90% came from
sales in Europe and North America.
9 comments:
Is Lidl still going to open stores in Charles County?
Still working on one but it’s not guaranteed yet.
What is going in at the old Sports Authority?
There is construction going on now.
Chris, Can you give us an update on the Brandywine overpass construction? All I seem to be able find are overviews of the entire project with no updates on work done so far.
Burlington is moving over to Sports Authority. The current Burlington space will be cut up and leased in smaller sections.
I have not found anywhere to get updates on the construction. sorry
Is the Safeway in Bryan's Rd closing in May
Have not heard anything but it wouldn’t make sense spending money on remodeling the center if Safeway had not renewed their lease. We will look into it.
Great to see,Thanks Mr Mayor and Town Council.....
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