with muzzleloading barrels for hunting. Black powder firearms are purchased by hunting enthusiasts, primarily for use during exclusive black powder hunting seasons for hunting big game, such as deer and elk. The company offers two models of interchangeable, single shot firearm systems that deliver various gun, barrel, caliber configurations, and finishes. These firearm systems could be purchased fully assembled or as frame assemblies that could be configured by the owner as a center-fire rifle, rim-fire rifle, shotgun, black powder firearm, or single-shot handgun for use across the entire range of big- and small-game hunting. As a result, a firearm owner could change barrels, stocks, and forends, resulting in ‘one gun for all seasons’ that could be continuously modified to suit the needs and tasks of the owner for various forms of sport shooting and hunting. Other Firearm Products and Services The company’s other firearm products and services include the following: Parts: The company sells parts to support its firearm business. The major products include barrels and magazines that are manufactured at its facilities or purchased through third parties. Handcuffs: The company manufactures handcuffs and restraints in the United States. The company fabricates these products from the highest grade carbon or stainless steel. The company’s patented Lever Lock cuffs offer a new, double-locking system for added security and comfort, without extra tools or keys. Double heat-treated internal locks help prevent tampering and smooth ratchets allow for swift cuffing and an extra measure of safety. The company has the ability to customize handcuffs to fit customer specifications. Smith & Wesson Academy: Through the Smith & Wesson Academy, the company offers instruction designed to meet the training needs of law enforcement and security customers worldwide. Specialty Services: The company utilizes its capabilities in metal processing and finishing to provide services to third-party customers. The company’s services include forging, heat treating, finishing, plating, and plastic injection molding. Licensing: Several of the company’s registered trademarks include the ‘S&W’ logo, the script ‘Smith & Wesson’, the ‘M&P’ logo, the script ‘Thompson/Center Arms’, and the script ‘Performance Center’. As a result, the company licenses its trademarks to third parties for use in connection with their products and services. Products of the company’s licensees are distributed throughout the world. As of April 30, 2016, the company licensed its trademarks to 10 different companies that market and sell products complementing its products. Accessories Products The company provides shooting, hunting, reloading, gunsmithing, and gun cleaning supplies and accessories. The company develops, produces, and delivers products under various brands. The company offers a range of products, including shooting and field rests, gunsmithing tools, gun vises, hearing protection, ammo tumblers, and vault accessories. The company offers approximately 300 variations of accessories products and holds approximately 40 patents. The company’s brand portfolio includes the regarded Caldwell line of shooting supplies. The company also sells products under other brand names, including Wheeler Engineering, Tipton Gun Cleaning Supplies, Frankford Arsenal Reloading Tools, Lockdown Vault Accessories, Hooyman Premium Tree Saws, BOG-POD, and Golden Rod Moisture Control. Marketing, Sales, and Distribution The company goes to market in three primary ways in its firearm division, such as two-step distribution, strategic retailers, and buying groups consisting of certain large, regional retailers utilizing a direct sales force to service these customers. The company also sells firearms directly to law enforcement agencies. In its accessories division, the company goes to market through two-step distribution, strategic retailers, and direct-to-dealer sales utilizing a combination of direct sales and sales representatives. The company makes its overseas sales primarily through distributors, which in turn sell to retail stores and government agencies.
smith & wesson holding corp
(SWHC:Consolidated Issue Listed on NASDAQ Global Select )
2100 Roosevelt Avenue
Springfield, MA 01104
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