Hornady, the ammo manufacturing giant, is cutting ties with government buyers in New York. And it’s all because of an order made by New York Governor Andrew Cuomo concerning gun politics.
To address the issue, Steve Hornady, the company’s president of manufacturing, made an announcement over Facebook on Friday. He said the company will stop sales of their products to agencies in the New York, as well as to Cuomo’s state government.
This decision comes after an order made by Cuomo last month. Cuomo was cautioning lenders, insurance companies, and banks against involving themselves with the National Rifle Association (as well as other similar organizations).
Hornady said that Cuorno’s order was one of the most “despicable acts ever perpetrated by any state.” As such, Hornady is closing off sales to New York buyers.
In the announcement, Hornady said:
“While it may not make a difference to New York, Hornady will not knowingly allow our ammunition to be sold to the Government of the State of NY or any NY agencies,” Hornady said. “Their actions are a blatant and disgusting abuse of office and we won’t be associated with a government that acts like that.”
However, Cuomo was not acting on behalf of himself when issuing the order. On April 19th, the New York Department of Financial Services sent official letters to every DFS-regulated bank and insurer in the state.
In the letters, Financial Services Superintendent Maria Vullo was insisting that financial institutions take a long, hard look at their relationships with the NRA, and other organizations that promote firearms.
According to Guns.com:
[Vullo was urging financial institutions] to take “prompt actions to manage these risks” when it came to protecting their corporate reputations. Pointing to the public backlash on gun rights groups and firearm companies in the wake of a high-profile mass shootings that have dominated the news cycle, Vullo encouraged those regulated by her agency that “Corporations are demonstrating that business can lead the way and bring about the kind of positive social change needed to minimize the chance that we will witness more of these senseless tragedies.”
In recent weeks, big-name lenders such as Citi and Bank of America have adopted new policies that could see them cut ties with partnering businesses unwilling to adopt new policies for selling firearms or manufacturing some types of semi-automatic guns — which has in turn brought calls for more regulatory oversight of the institutions with respect to government contracts.
Hornady is one of the premier ammunition suppliers to law enforcement in the country. The company recently was awarded a $19 million contract to provide a new generation of 9mm duty rounds to the FBI.