Like VFTD already earlier reported KEE buying up what was left of JT was all but done deal. Obvious question is what will KEE end up doing with JT as KEE already has alot of overlapping products and brands that are as good or better as what JT/VL/Brass Eagle has to offer. As we can only speculate what KEE ended up paying we can only guess what their intentions are.
Full press release from KEE below. Continue reading ‘KEE Action Sports purchases JT Sports’ »
Archive of posts tagged JT Sports
KEE Action Sports purchases JT Sports
Hope for JT Sports?
Following up on the post about JT Sports’ financial difficulties, there seems to be light at the end of the tunnel after all. According to View From the Deadbox, KEE Action Sports will be announcing news regarding JT Sports. It seems that KEE has agreed to partner up with the troubled manufacturer, and we will later see what the future holds for JT. An interesting point is to see will this hope extend also to the to-be-closed-down Neosho plant and JT ball manufacturing in general. The internet also reports that the official statement will be out next Monday, February 1st 2010.
JT Sports going belly up?
Again, we feed off the great stuff View from the Deadbox diggs up – you guys should all subscribe to that.
There has been a few notions that Wal-Mart would not be distributing JT products anymore, and as JT has received over half of its sales through Wal-Mart, the company suffers a hard blow. Hard enough that it might even be forced to close down. For us older guys, this is really sad bit of gossip as JT and Scott were the first really big equipment manufacturers in the sport and were big contributors in the initial growth of paintball.