Lake City Ammo Plant Layoffs

Interesting timing given the high public demand for 223 ammo. I've bought Lake City ammo so somehow it's available to the public. If allowed, they should be able to make money at today's prices. Or is it another Obama act to stoke the fire against gun owners?

http://www.kansascity.com/2013/03/06/4103593/lake-city-employees-offered-voluntary.html

Quote :

The cutbacks result mainly from modernization efforts during the last eight years, according to Bryan Kidder, a spokesman for Alliant Techsystems Inc. that operates the facility for the U.S. Army.

Previously, the Army had said the plant’s 30 government employees could see cutbacks as part of the broad federal spending cuts known as sequestration. Kidder, in an email, said the layoff plans are not related to sequestration.

Kidder said the number of expected job cuts and their timing is unknown but that an involuntary layoff likely will follow the voluntary departures.

He said such cutbacks typically involve a separation package for employees based on the number of years they’ve worked.

Virginia-based Alliant, which operates the plant through ATK Small Caliber Systems, has a four-year contract through September and a subsequent contract for the next seven to 10 years. It has operated Lake City since April 2000.

That's just crazy, there is almost no .223 or 5.56 out there and Lake City is one of the biggest if not the biggest supplier.