Prof. Paul Vaaler Quoted in Star Tribune About Possible Sale of Federal Ammunition

Professor Paul Vaaler, John and Bruce Mooty Chair in Law and Business, was interviewed by the Star Tribune about the possible sale of Anoka’s Federal Ammunition. With a shareholders vote set for late November, a deal could occur to split Vista Outdoor and sell Federal Ammunition to a Czech company. Prof. Vaaler said that despite keeping intact the Federal operation, which has been making ammunition in Anoka for more than 100 years, the state potentially loses headquarters jobs. He said, “From a headquarters standpoint, Minnesota loses a major public company headquarters, and this is a headquarters economy, and that matters for all sorts of reasons.”