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The consumer goods strategy was a failure for Winchester, and the Great Depression put the final nail in the company's coffin. The Winchester Repeating Arms Company went into receivership in 1931 and was bought at a bankruptcy auction by the Olin family's Western Cartridge Company on December 22 of that year. Oliver Winchester's firm would ...
The FN Browning Group, formerly known as the Herstal Group, is the parent company of the small arms manufacturers FN Herstal and Browning Arms Company, which market the Browning, Winchester and FN brands. It is headquartered in Liège, Belgium with offices in the United States, the United Kingdom, Finland, Portugal and France. [3]
The Herstal Group also owns the Browning Arms Company and the U.S. Repeating Arms Company . [3] FN America is the U.S. subsidiary of FN Herstal, which was formed by the merger of FN's previous two American subsidiaries – FN Manufacturing and FNH USA. [4] A United Kingdom-based manufacturing facility, FNH UK, is also in operation.
Firearms enthusiasts have been investing in new guns at record rates this year. These ace shots should also consider investing in the stocks of the companies that make firearms, providing a ...
The new Winchester company was named U.S. Repeating Arms as a licensee of Olin Corporation, which still owned Winchester ammunition. [32] In May 2007, Olin agreed to buy Pioneer Co. Inc., a chlor-alkali products maker, for $414 million.
Western produced 3 billion rounds of ammunition in World War II, and the Winchester subsidiary developed the U.S. M1 carbine and produced the carbine and the M1 rifle during the war. Western ranked 35th among United States corporations in the value of wartime production contracts. [10] Cartridges made by Western are stamped WCC.
In 1981, the U.S. Repeating Arms Company was established by Winchester employees to purchase the rights to manufacture Winchester-branded rifles and shotguns in New Haven, Connecticut, under license from Olin. Production of ammunition and cartridge components under the Winchester Ammunition Inc. name were retained by Olin and not licensed to USRAC.
Federal Premium Ammunition is a wholly-owned subsidiary of the Czechoslovak Group, located in Anoka, Minnesota. With a workforce of nearly 1,500, Federal manufactures shotshell , centerfire , and rimfire ammunition and components.