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Smith & Wesson Holding Company Case Study

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The firm that I have chosen to study and analyze is Smith & Wesson Holding Corp. Smith, and Wesson is a firearms manufacturing company in the United States. The company is publicly traded on the NASDAQ exchange. They operate in the Guns and ammunitions manufacturing industry under the NAICS code 332994. I selected this firm because the immense scrutiny the firearm industry has fallen under in the US after recent events. Plenty is going on in the sector from speculation to changes in legislation to potentially revoking the right to carry firearms in the US. Not only could this be a game a changer to the US economy but also it is a topic that as Canadians neighboring the US touches close to home. Smith & Wesson is the third largest firearms manufacturer. …show more content…

to develop and gain the know-how of the purchased entity and its market share. Thompson/Center Arms Inc. is a leading company in the manufacturing of long guns for hunting and shooting, and rifles, while Smith & Wesson is specialized in the production of handguns, which serves Smith & Wesson to diversify its sales, and acquire a share in long guns market. The company also acquired substantially all of the net assets of Tri-Town Precision Plastics, Inc., a provider of custom injection molding services. The company also provides rapid prototyping, and tooling, for $22.8 million. TTPP was a long-standing supplier of polymer frames and related components for a large number of S&W firearms. The acquisition was designed to integrate an essential part of their manufacturing operations vertically and provide them with flexibility. On December 11, 2014, Smith & Wesson fully acquired BTI for $130.5 million. BTI is a Columbia, Missouri-based leading provider of hunting and shooting accessories, which develops, produces, and delivers innovative, high-quality products under several brands. On January 9, 2015, Smith and Wesson acquired substantially all of the net assets of Hooyman LLC, a manufacturer of extendable tree saws designed for the hunting and outdoor industry, for $1.9 million. Its operations were relocated to the Columbia, Missouri facility (Smith & Wesson 10-K Form,

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