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Whoops, I said "Interarms" but I meant "Inter Ordnance". I've corrected it in my prior post. I think you are right about the former being just an importer. I don't know if they are related at all or not, but this is what Inter Ordnance (the maker of the Hellcat) says on their website (with emphasis added):

I.O. Inc. has imported its products from overseas for a long time. When these products were received, many times we found the quality to be substandard. For example, if we imported 1000 firearms, only 700 were able to pass I.O. Inc. quality control standards. Basically, 300 rifles would have to be scrapped. With this experience, I.O. Inc. decided to manufacture its products right here in the United States. I.O. Inc. (Inter Ordnance) has invested heavily in tooling and equipment for the last two years. Now, all of our AK, STG (WIEGER) and SSG rifles are proudly made in the U. S.

All I.O. Inc. rifles have a military spec heat-treated receiver (1.1mm), a match grade barrel, and tactical polymer furtniture with a Picatinny rail system (AK47-C series).

I.O. Inc. is proud to present a quality product which will satisfy the most demanding taste. All I.O.INC manufactured products are backed by a limited lifetime warranty. Visit your local stocking dealer and ask for a demonstration!
 
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