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Non-Tech : Olin - My favorite Company
OLN 21.74+4.4%11:31 AM EST

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From: richardred1/18/2006 12:43:34 PM
   of 170
 
Notes only-it's now ammunition only here.

Winchester Rifles to Be Discontinued
Wednesday January 18, 12:28 pm ET
By Matt Apuzzo, Associated Press Writer
Manufacturer Says Traditional Winchester Rifles to Be Discontinued When Plant Closes in March

NEW HAVEN, Conn. (AP) -- The traditional Winchester rifles carried by pioneers, movie stars and Wild West lawmen will be discontinued in March, a Belgian manufacturer said Wednesday, confirming the end of an American icon that became known as "The Gun that Won the West."

Once the U.S. Repeating Arms plant closes March 31, the only new rifles carrying the famous Winchester name will be the modern, high-end models produced in Belgium, Japan and Portugal. The older models, including the famous Winchester Model 94, will be scrapped.

"The name will continue, but not with those traditional products," said Robert Sauvage, a spokesman for the Herstal Group, the Belgian company that owns U.S. Repeating Arms and the right to the Winchester name.

Herstal announced Tuesday that the U.S. Repeating Arms factory in New Haven would soon close, capping 140 years of Winchester manufacturing in the city.

"Economically speaking, we cannot continue. We have lost a lot of money," Sauvage said.

More than 19,000 Winchester employees worked in New Haven during World War II, but the plant employs fewer than 200 now. All will lose their jobs when the plant closes.

Officials and union leaders said they hoped someone would buy the plant and continue building the traditional rifles but Sauvage said it was unclear whether any buyer would be allowed to use the Winchester name.

Missouri-based Olin Corp. owns the Winchester brand name. In the late 1970s, after a massive strike by its machinists, Olin sold the plant to U.S. Repeating Arms along with the right to use the Winchester name until next year.

Sauvage said the Herstal Group plans to extend that right past 2007. Olin officials did not return a message seeking comment Wednesday.

The Winchester model 1873 lever action rifle, popular among American frontiersmen at the end of the 19th century for its reliability, inspired the 1950 James Stewart film "Winchester '73."

John Wayne made the Winchester a signature of his movies and Chuck Connors posed menacingly with his Winchester on advertisements for the television series "The Rifleman."

President Teddy Roosevelt was also a Winchester devotee, using the 1895 model on his famous 1909 African safari, which historians credited with boosting the sale of Winchester sporting rifles.

"It would be like Chevrolet going out of business or Chevrolet being made in Japan or China," firearms historian Ned Schwing said. "Winchester is an American legend, whether you're a gun person or not."

biz.yahoo.com
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