Around the turn of the century, Olympic Ammunition was all over the internet and gun shows. Then it began disappearing. At a show in Phoenix last month there were just a few boxes in various calibers, and the ammo was dated '03. The earliest Olympic ammo I have seen was dated 1998. They rose rapidly in the market and then disappeared.
Has anyone seen Olympic ammo dated before 1998 or after 2003???
In what calibers???
John Moss found an interesting fact. According to material at mw.ua/2000/2245/37581/, Russian/Ukrainian Factory 270 (Lugansk Machine-Tool Plant) in 1997 sold an ammunition assembling line for 9x19mm to Mr Popadopoulos who owned Olympic. The article dated Feb 2003 also said that Mr Popadopoulos still owed $100K for the equipment and was being sued in Greece by a Ukrainian export company.
It seems to me more than coincidence that Olympic bought this equipment in 1997 and the earliest dated round is 9x19 dated 1998. The company was being sued in 2003 and that is the latest dated ammo I have seen from Olympic (on 5.56x45mm).
Has anyone seen or heard of a 9x19mm round made by Factory 270??? If they sold the equipment I have to assume that they made at least a test batch of the ammo before delivery. The article implies that Factory 270 was conducting a garage sale and dumping existing equipment for pennies on the dollar. This implies that the Factory was producting 9x19 prior to 1997.
A very credible source who first provided data on the Olympic 9x19 dated 1998 said that the cases were made in Russia (actually appear to be Czech), the bullets by Rainier Ballistics in the US, the primers by CCI and that the ammo was loaded for the Taiwanese Army. I think some of this info was a bit confused (NPA hst was for Taiwanese Police, and the box was strictly commercial). I’m confident the source relayed what he was told. The important part of this is that it appears to me that Olympic never produced cases, but simply loaded cases they bought elsewhere.
Does anyone have any insights on what production capabilities Olympic had in their facility???
What components did Olympic buy???
Who were the suppliers of components to Olympic???
Look forward to hearing from you on this!!! It would be interesting.