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The fifth largest trade show in Las Vegas, International SHOT Show finished a four-day run recently and brought $60 million in economic impact to the city. 61,000 industry professionals participated in it. The SHOT Show attracted some 1,600 exhibitors in booth space taking up more than 630,000 net square feet. The show brought industry professionals from all 50 states and 100 countries to Las Vegas. And many companies set sales records at the show, reflecting the unprecedented growth in gun purchases nationwide.
One of the contracts, that made in the show, was the deal of Izhmash, the manufacturer of the legendary Kalashnikov AK-47, and U.S. police forces. Izhmash will supply Saiga-12 semi-automatic smooth-bore shotguns to a number of police forces in the U.S., Izhmash reported on its web site.
The contracts were signed at the Shot Show exhibition in Las Vegas.
â€œThe first Saiga-12 deliveries to U.S. law enforcement were already made in January 2012,â€ Izhmash General Director Maxim Kuzyuk said.
At the exhibition, Izhmash also signed an agreement on exclusive imports to the U.S. market with Russian Weapon Company and an agreement with Fime Group as Izhmashâ€™s partner for manufacturing classic firearm models.
â€œThe results of the exhibition are inspiring. The American market in non-military weapons is booming. We project a 20% increase in deliveries this year,â€ Kuzyuk said.
â€œSome have called our industry recession-proof,â€ said Chris Dolnack, NSSF senior vice president and chief marketing officer, in the press release of the show. â€œThat certainly has been the case in this down economy. We have an enthusiastic and passionate buying community that we want to satisfy by having an outstanding trade show. By extending the contract at the Sands and remaining in Las Vegas, we can maintain the SHOT Show as one of the premier trade shows in the country.â€
Americansâ€™ passion for firearms and the $4 billion firearms and ammunition industry has remained unchanged throughout the economic flux of the past years and will remain unchanged this year, according to the NSSF, a 7,000-member trade association for the firearms, ammunition, hunting and shooting sports industry. Last year, the industry set records for the single most active buying month, December, and single most active day, â€œBlack Friday.â€
Keith St. George, Owner of SGF Firearms, Southern Highlands, NV, attended this yearâ€™s show with the hopes of expanding his business. â€œI am a small, local gunsmith shop, and I had come to SHOT to generate contacts to set up a vendor list with the intention of opening up a small store front. Iâ€™ve been in the business a long time, and it seems the right time to expand.â€