S&W bought Thompson/Center

uncle matt · 03-06-2007, 09:28 AM

In a$102 million dollar deal, Smith & Wesson has aqquired the Thompson/Center firearms company.

I guess it kinda gotstarted when S&W chose and contracted with T/C to produce the barrels for their new MP15 rifle. S&W was more than impressed and one thing led to another.

S&W intends to keep the operations at T/C as is, retaining all it's 500 employees.

S&W expects this to add $70 million dollars in sales in the coming year.

I this was astrategic move to get some really nice quality barrels on S&W rifles.A good move IMO.

Alittle time will tell.

retrieverman · 03-06-2007, 10:02 AM

If you want a "real" T/C, I would get one before the "political correctness police" start making changes to great guns to protect us from ourselves.

SwampCollie · 03-06-2007, 11:07 AM

Didn't this happen in like December? Kinda old news....

uncle matt · 03-07-2007, 07:39 AM

No it's actually recent news. Talks ran thru Dec, Jan and into Feb. Then the ink was put on paper.

I don't think there's going to be any changes in the T/C stuff anywhere in the near future. The ProHunter is still new and hot and IMO things in the T/C line will stay right along with the PH. But S&W will benefit from T/Cs machining and tooling capabilities.

SwampCollie · 03-07-2007, 09:22 AM

Quote:

ORIGINAL: uncle matt

No it's actually recent news. Talks ran thru Dec, Jan and into Feb. Then the ink was put on paper.

I don't think there's going to be any changes in the T/C stuff anywhere in the near future. The ProHunter is still new and hot and IMO things in the T/C line will stay right along with the PH. But S&W will benefit from T/Cs machining and tooling capabilities.

If SW is smart, they will let Greg Ritz keep right on doing his thing. The Encore and the Pro Hunter version of the same have been wildly popular, and are very well made guns. Hopefully SW will do with TC what Beretta did/does with Benelli.

uncle matt · 03-07-2007, 11:16 PM

Greg is not going anywhere. He will basically keep running the shop in NH and also become Pres. of Smith & Wesson Hunting.

DM · 03-08-2007, 08:36 AM

Because TC "cast" there frames (read cheapo) instead of "forgeing" them like S&W does. My greatest fear is, is that S&W will go "cheapo" and start casting there frames!!

If that happens,S&W will become nothing more than glorified Rugers!!!

DM