First it's shotguns, now it's muzzle loaders!
Monday, December 18, 2006
Thompson/Center Arms purchased by Smith & Wesson
ROCHESTER - Smith & Wesson Holding Corporation of Springfield, Mass., has purchased Thompson/Center Arms for $102 million in cash. The transaction is expected to close at the be-ginning of January 2007.
The formal announcement of an agreement for Smith & Wesson to purchase the 40-year-old Rochester company was made shortly before noon today.
Smith & Wesson executives were in the city for the announcement and were expected to address all Thompson/Center Arms employees at a gathering in the auditorium of Spaulding High School at 3 p.m.
Thompson/Center Arms is considered top designer, manufacturer and marketer of premium hunting firearms, best known for its black powder firearms.
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December 18, 2006, 05:22 PM
quick, everyone buy you TC arms now before S&W caves to the anti gun lobby and installs internal locks on all these evil assault cop killer armor piercing sub atomic weasel launching black powder guns :)
December 18, 2006, 05:26 PM
...or before S&W starts using the name T/C on cheap imports...
But it's not like any other company every bought a well-known American single-shot producer and slapped the name on cheap imports or anything...:rolleyes: