Biz Bits: Speer Will Help Fill FBI Ammo Contract | Deal

  Biz Bits: Speer Will Help Fill FBI Ammo Contract |  Deal

One of the rounds in the agreement will be manufactured at Speer and three will be made at Federal, according to a recent news release from Vista Outdoor, the parent company of Speer and Federal.

The law enforcement agency, which has 35,000 agents, will use the ammunition for service and training.

Highlights

  • “Our brands continue to be selected for use by the most trusted law enforcement agency,” said Federal President Jason Vanderbrink in the news release. “The ongoing validation of the technology and performance found in every round of ammunition made by our highly-skilled American workforce brings great pride to our company.”

  • The contract has a one-year base and four possible option years.

Bozeman, Mont., based Stone Glacier is the most recent acquisition of Vista Outdoor.

Vista Outdoor expands with Stone Glacier

The purchase of Stone Glacier allows Vista Outdoor to enter the packs, camping equipment and technical apparel categories with a fast-growing brand, according to a Vista news release about the transaction.

Stone Glacier’s founder, Kurt Racicot, developed the gear based on his experiences hunting sheep solo in remote places like Alaska and Montana’s Beartooth Wilderness over 15 years.

The company specializes in durable, lightweight gear such as tents and sleeping bags that extend the range of people exploring remote areas. The products are used by hunters, outfitters and guides around the world, according to the news release.

Vista Outdoor paid an undisclosed price for Stone Glacier with cash on hand and available liquidity under its asset-based revolving credit loan, accord-ing to the news release. With the addition of Stone Glacier, Vista Outdoor has 39 brands. Among them are CCI/Speer in Lewiston, Camp Chef and Camelbak, as well as a number of businesses that specialize in bicycling, ski and golf gear like Giro, Bell and Bushnell Golf.

Regence seeks to improve behavioral health in north central Idaho The CHAS Health/Lewis and Clark Health Center in Lewiston has received $100,000 from Regence health plans to conduct a behavioral health needs assessment and an action plan to break the stigma around mental health issues.

At the same time, the effort aims to improve capacity for more personalized and sustainable care coordination between medical providers and social services. “By supporting community health workers and establishing long-term partnerships with trusted organizations, we can increase access to affordable and proven systems of care that put people first,” said Peggy Maguire, senior vice president of community and social impact at Regence.

It’s intended to address challenges that prevent people from “living their healthiest lives” using existing programs to improve availability of behavioral health services, housing and food, according to a news release from Regence health plans. The money is part of $1 million Regence health plans are investing in four underserved communities that also include Medford, Ore., West Valley City, Utah, and South King County, Wash.