Skip to comments.Smith and Wesson to buy Thompson Center
Posted on 12/19/2006 9:39:55 PM PST by sig226
TD Banknorth Finances Smith & Wessons Buyout of Thompson/Center Arms Monday, December 18, 2006
Smith & Wesson Holding Corp. announced it has entered into a definitive agreement to acquire Thompson/Center Arms, a designer, manufacturer and marketer of premium hunting firearms, for $102 million in cash. The transaction is expected to close in the beginning of January 2007.
(Excerpt) Read more at abfjournal.com ...
Awesome: Performance Center Contenders.
Funny... I thought they bought a sports arena or something.
Might want to pass this around.
I don't know how they could improve the Contender, but I also didn't know T/C was for sale.
My sister had her late husband's T/C. I don't remember the caliber but it did double duty with a 410 shot shell. I really wanted that gun but she sold it to someone in Santa Cruz where she lived...
Wow. That's not a lot of money.
Has S&W been forgiven for past transgressions in cooperation with Bill Clinton and Ms. Brady in their assault against gun purchasers?
S&W has been under different ownership for a few years since that boondoggle...
Their contractual sellout of the American gun owner is currently dormant but still in effect waiting to be instituted by the next Democrat administration.
Ping to a sad day for those who value both their freedom and finely made single-shot pistols.
You would probably put a muffler on it to quiet it down.
Love my T/C 50 Cal. Hawkin Hunter....
Well, I'd say that if you want a TC, get one while you can. It's only a matter of time before S&W complicates an otherwise solid design with their integral trigger lock.
Although the past sins of previous ownership have been forgiven, I'm not a big fan of integral trigger locks. Just complicates the design and increases the probability of an internal failure.
Interesting. I hope TC does well by S&W. I own 3 Contender frames and some qty of pistol, carbine and rifle barrels. Love 'em all - great guns.
So do I. It was the first gun I ever bought - the flintlock version. It looked so beautiful. I still prize it.
The Hawken Hunter is a good shooter, but if you do some research on Hawken Rifles, its a modern interpretation rather than a recreation of a classic Rifle.
Most real Hawkens had longer barrels, the stocks were paliner, the nosecaps were pewter, the rifling was designed for a round ball, the bores were coned, the lock of course, was a leaf rather than coil spring, and the furnture was steel not brass. Also the bores were generally larger.
All in all the Hawkin Hunter is still a great gun, especially for getting new people into black powder.
Frankly I don't trust Smith and Wesson anymore after their actions with the Clintons and Winnie Brady. Is that old *itch stil flying around?
ACHHH!!!! A suppository gun!!!!!!
Real men shoot muzzle-loaders!!
Seriously I have an M-1 Garand and a model 1917 U.S. Rifle and am very happy with them too.
I am glad to see them back but the power in Washington has shifted again.
Tungsten carbide makes a great vehicular suppository if you're not on the receiving end.
People disgusted with the internal locks need to keep in mind that Springfield and Taurus also have them, Remington flirted with them but removed them, and Sturm Ruger has them on some models.
As much as I despise them as mechanical failures waiting to happen, and half ass excuses for poor gun handling, when you are outnumbered and outgunned by a vile enemy (Clinton, Brady, Schumer) radical means are required.
Well, modern new fangled internal locks don't belong on muzzle-loaders.
Probably .45 long
That gun is cocked. Hopefully not loaded, though? Safety first! :-)
I have a T/C Encore handgun (15" barrel) in 7mm-08 Rem, with the walnut forend and grip. Truly a fine and beautiful gun, and tack-driver accurate.
Now that S&W is buying T/C, I won't be purchasing any more of them.
It's not cocked. It doesn't set all the way down when not cocked. BTW, it's a G2 Contender. I have .17m2, .223, .204 and 6.8 Rem SPC barrels. It also is very accurate.
I had a T/C 209x50 Magnum muzzleloader, but I sold it some time back, mostly because of the trouble/time/hassle involved in cleaning it. Couple that with Minnesota's muzzleloader deer hunting season being late and usually very cold, after the rut is over and the deer aren't moving much, and I gave up.
The safest way to unload a muzleloader is to fire it. Fire the gun once, just to unload it after a weekend of hunting, and you're committed to an hour of dis/reassembly and cleaning. Was a fine gun, but I just got tired of it.
Oh. Without getting the gun out of the closet and the case, it seems to me that the hammer on my Encore stops a little closer to the frame than that. Might just be me. I'd treasure that gun if I were you.
Most of the people who complain about Smith and Wesson usually have an AK in their inventory. That's according to my informal poll. Go figure.
IIRC, the T/C .410 barrel will also shoot a 45 after the choke is removed.
The front cover of the American Rifleman also shows they're getting into high end shotguns.
It looks like Smith has the "most powerful handgun in the world" under their flag again.
The English company no longer owns Smith. It was purchased by a former employee and a manufacturer of firearms safety locks.
That's funny, I just remembered the very first words I ever spoke to my very first rifle platoon as a brand new shave tail Second Looie. It was the height of the cold war in the 1980s and we were training for a conflict that we figured would center around the FULDA GAP in Germany.
I said: Gentlemen, we're outnumbered and outgunned 4 to 1 by the Soviet army. But we will NEVER be outsmarted. That's the only factor that counts.
I even believed it myself. Thankfully, I remembered to listen to the wise counsel of my platoon and 1st sergeants to keep my skinny a$$ squared away. If a junior officer will swallow his inflated sense of self and look to the senior nco's they will move Heaven and Earth to help him.
As to what my post has to do with yours...I have NO clue, however...
Acquisition by Saf-T-Hammer
On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins PLC for $15US million, a fraction of the $112US million originally paid by Tomkins. Saf-T-Hammer also assumed $30US million in debt bringing the total purchase price to $45US million.   Saf-T-Hammer, a manufacturer of gun locks and other firearms safety products, purchased S&W with the idea of incorporating its line of security products into all Smith & Wesson firearms in compliance with the 2000 Clinton administration agreement.
The acquisition of Smith & Wesson was chiefly brokered by Saf-T-Hammer President Bob Scott, who left S&W back in 1999 due to problems he had with Tomkins policies. After the purchase Scott became the President of Smith & Wesson to guide the 157-year old company back to its former glory. On February 15, 2002 the name of the newly formed entity was changed to Smith & Wesson Holding Corporation.
I happened to be poking around on the S&W website yesterday and they already had it there. I thought I'd missed the news...
And then there are AK enthusiasts who don't complain about Smith & Wesson. S&W are an American icon who defined the quality double-action revolver.
Tomkins was the British company that sold Smith. I believe Saf-T-Hammer was headquartered in Scottsdale, AZ.
Bottom line - Smith is now American owned, so if you're still angry about the tea tax, don't take it out on Smith.
Smith makes a fine weapon and the people at Tomkins who made the deal with the Clinton administration no longer have anything to do with the company. I'm not crazy about the built in key locks, but I do like some of the new Smith pistols and wouldn't hesitate to buy one.
What are the key locks? How do they work?
My S&Ws are over 25 years old, and I've only bought one gun in the last 10 years, so I'm a bit out of date!
Anything is for sale, for the right price & cash IS king.
I have this mental image of jack Benny and his safe.:~)
So now, S&W owns Walther and T/C. Wonder what else they will be aquiring? Good thing I bought stock in them over the summer, along with Ruger. I wish some of the other gun companies would go public so that I can buy thier stock also.
I worry about the reliability of the system. What if you need the gun and the battery is dead or can't get to the key to activate the weapon? What if you're hand is injured or bloody? Will the system still work?
No problem. I broke off a steel rod three inches into the muzzle.
Snapped off the firing pin, and wedged a bit of bar stock in the trigger mechanism. and used a three pound sledge on the mainspring area of the frame. I bent the crane and the ejector rod. I put some melted lead behine the firing pin hole too.
Filed off the sights and bent the frame where it accepts the barrel. That sucker will NEVER kill an innocent by it's
Firearms maintainance for and by the dumbassed liberals who thing that guns kill peeople. Now they have a bludgeon.
I just take the bullets out of mine.
Be sure to remove the primers from the cartridge cases and store the powder separately.