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U.S. Repeating Arms Company
The U.S. Repeating Arms Company (USRAC) was an American manufacturer of firearms. It was established in 1981 and operated as an independent company until 1989, when it went bankrupt and was taken over by Fabrique Nationale Herstal. The company traced its origins to the Winchester Repeating Arms Company, which was famous for making Winchester rifles. History In 1866, Oliver Winchester reorganized the New Haven Arms Company and changed its name to the Winchester Repeating Arms Company. In 1931, the Western Cartridge Company (forerunner of the Olin Corporation) purchased Winchester Repeating Arms and subsequently merged with it to form the Winchester-Western Company. 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 Ol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
