In 1852, partners Horace Smith and Daniel B. firearm manufacturing industry has grown at a compound annual growth rate in units of 12.4% from 2004 through 2009.Ī Smith & Wesson Model 320 Revolving rifle, one of the rarest products from Smith & Wesson, produced in the late 1870s. Bureau of Alcohol, Tobacco, Firearms and Explosives (“ATF”), the U.S. In 2013, they estimate that the domestic non-military firearm market is approximately $235 million for revolvers and $986 million for pistols, with their market share being approximately 37%and 13%,respectively,and approximately $564 million for hunting rifles, $360 million for modern sporting rifles, and $50 million for black powder rifles, with their market share being approximately 7%, 11%, and 35%, respectively.Īccording to 2009 reports by the U.S. pursuing strategic relationships and acquisitions.increasing customer satisfaction and building customer loyalty and.enhancing their manufacturing productivity, flexibility, and capacity.entering new markets and expanding their presence in existing markets.enhancing existing products and introducing innovative new products.Key elements of their strategy to achieve this objective are as follows: Their objective is to be a global leader in the safety, security, protection, and sport markets as they relate to their business. They plan to increase their product offerings to lever the nearly 160 year old “Smith & Wesson” brand by capitalizing on the goodwill developed through their historic American tradition, as well as expand consumer awareness of products they produce or license.
Smith and wesson 915 safety license#
In addition, they pursue opportunities to license their name and trademarks to third parties for use in association with their products and services. They produce and assemble their perimeter security products at their facilities in Franklin, Tennessee. Smith & Wesson manufactures firearm products at their facilities in Springfield, Massachusetts Houlton, Maine and Rochester, New Hampshire. Include technology-rich proprietary products developed and produced by us and supplemented by industry-leading third-party products produced to their specifications, as well as facility analysis, solution design,system engineeringĪnd installation, construction management, customer training, and system maintenance. They are also a leading turnkey provider of perimeter security solutions to protect and control access to key military, government, and corporate facilities. Modern sporting and hunting rifle markets. exporter of handguns, and an active participant in the Smith & Wesson is one of the largest manufacturers of hand guns and handcuffs in the United States, the largest U.S. 5 Ammunition types introduced by Smith & Wesson.