Top arms and ammunition manufacturer Arms Corporation of the Philippines (Armscor) recently visited Honduras to forge a stronger partnership with La Armeria, the company’s biggest client in the Central American country.
La Armeria, a government-owned entity in charge of all military hardware including firearms, firearms spare parts, ammunition and ammunition components both for the civilian and military markets, made it possible for Armscor to have a strong presence in Central America with its annual orders for Armscor products ranging from US$1 million to US$1.2 million.
Armscor executives led by chairman emeritus Bolo Tuason, President Martin Tuason accompanied by his wife Tammy, Armscor representative Loui Luque, Armscor International Marketing Director Henri Nahoum and Armscor Regional Representative to Honduras Jorge Cohen paid a courtesy call on Honduras President Porfirio “Pepe” Lobo Sosa. The Armscor team presented President Sosa with a souvenir M1911-A2 FS 2-tone caliber 40 S&W Medallion pistol.
President Sosa in turn pledged continuous economic and business ties with Armscor, saying his government will consider including the Armscor caliber 5.56mm (M855) and 7.62 tracer ammunition in the 2014 Armed Forces budget.
The visit to the Honduras underscores Armscor’s serious intention to aggressively expand its business overseas. Armscor is currently present in 60 countries.