Earlier today, Olympic Arms announced that they are closing their doors at the end of February. I’m sorry to see them go, for nostalgia reasons, if for no other. My first AR was an Oly, which I bought in 1991, while stationed at Fort Bragg.
After more than 40 years of business, it is with great sorrow that we announce that February 28th, 2017 will be the last day of operation for Olympic Arms, Inc.
The Schuetz family would like to express their heartfelt thanks to all their friends, associates, and partners that have been a part of the Olympic Arms experience. Most of all we would like to thank our loyal customers and patrons who have been with us all this time.
In the course of closing, we are announcing the following changes in policy effective immediately:
All sales are final.
No refunds or returns will be accepted after 1-25-2017.
On-line Shopping Cart will be active and effective while supplies last.
All Warranty service ceases 1-25-2017. Warranty work and repairs currently in-house will be serviced and returned.
New orders will only be taken for inventory currently in stock, or that can be built from remaining inventory.
All inventory will be liquidated.
ALL SALES will cease at close of business 28 February, 2017
Thank you for your patronage.
What makes this an even bigger surprise, is that just yesterday, they had put out an announcement to new dealers on Facebook.
Tags: Olympic Arms
That’s sad. When I was stationed at Lewis I lived three miles up the road from them. Bought my first barrel and bolt from them. Nice folks. Sad to see it close. I guess they couldn’t innovate in the upper markets and couldn’t compete with the bottom feeders. The question is, what company is next?
There was nothing “Upper Market” about Olympic Arms. They have a well documented history of churning out made cheap crap and then having terrible service with warranty work. They did OK before there was any competition in the market but everyone else’s quality got better and they kept turning out the same junk.
Plus, Tom Spithaler is also a well-documented douche.
Really the only people I feel sorry for are their employees.
Just watch guys, this will be the first of many shops closing up this year. Especially if you’re an AR “builder” or assembler instead of an actual manufacturer.
It’s going to be a good year for customers, your dollar will go further. But it’ll be tough on the other side of the counter.
Interesting how just the day before, they uploaded their 2017 dealer applications. Guess social media person didn’t get the memo?
Good riddance. Their factory burned down while they were repairing a POS rifle I bought from them back in the day. What a mess that was to get a replacement.
Just outside of Lewis but hobby rifles at best. They had an opportunity years ago before the market became saturated but new companies came up and did it better…Time to go, that’s business.
Sad to see them go, Yeah, they weren’t the best rifles, especially compared to what we have available today, but they kept many of us shooting through the ban with their featureless rifles, and were about the only game in town when it came to different calibers during the ban. When it came to precision Ar’s you had them ,DPMS, or a build. Honestly their bull barrel guns were good shooters . They survived some pretty serious ATF problems( might want to look that old Soldier of Fortune article up), the Ban and at least a while in a crazy market, I will remember that and wish them the best.
I build my first AR in the barracks at Bragg using an Olympic Arms lower back in 1991. Still have it today.
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Good riddance to bad rubbish. This should have happened years ago.
Don’t let the door hit ya in da…… While serving in 1SFG at Lewis, I gambled and bought their “alphabet” rifle. It was the biggest POS I ever owned. Headspace was off. Had machining issues in the charging handle channel. I returned it and they said it was fine and I was uneducated in firearms. Once I showed them ID card and my 1st group access badge they grudgingly refunded my money. Never again. Gonna tell a SOF guy I’m a gun noob. LOL!
A company that could only survive in the post 86 pre 04 era.
I will say that despite their issues hanging with the current competition during the 06, 08, and 14 shitshow scares if an active duty guy or gal walked in they would sell you a rifle for almost half their retail, even when guys on fun broker were selling them for 1k+
Thought that was mighty white of them.