PMC announces major changes

Shooting Industry, August, 2004

Eldorado Cartridge Corp. owner Mi Ryu Ahn has assumed the company's chief executive officer duties. According to officials, Ahn wishes to take a more active role in the company.

In addition, Ahn indicates the decision was prompted by company President Peter Hofmann's announcement that he is returning to Germany after more than nine years with PMC/Eldorado.

"I wish to thank Peter for his efforts and accomplishments over the past years and look forward to working with him in his new capacity," Ahn said.

Hofmann will continue to work with PMC in the company's International Sales and Purchasing division.

"PMC has made some major progress in the environmental friendly ammunition field," Hofmann said. "I believe this will become a significant portion of the market and PMC can take a leadership role."

Ahn also announced that PMC/Eldorado absorbed the operations of B.C. Outdoors effective July 1.