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Home > Company Index > Consumer Products-Durables > Sporting Goods > Colt's Manufacturing Company, Inc.
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Colt's Manufacturing Company, Inc. |
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PROFILE |
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Colt's Manufacturing is in the gunfight of its life. Through its subsidiaries, Colt's Manufacturing makes handguns (Cowboy, Defender) and semiautomatic rifles for civilian use, and military weapons (M-16, M-4 Carbine) for the US and other governments. Founded in 1836 by Samuel Colt, the company is about 83%-owned by investment firm Zilkha & Co., which has been reviving the company since 1994. Colt's, which has struggled recently, sold military weapons manufacturer Saco Defense to General Dynamics. Wounded by lawsuits, Colt's is discontinuing a number of handguns and is focusing research on "smart gun" technology (in which weapons can only be fired by the weapon's owner).
COMPETITION |
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Fabbrica d'Armi Pietro Beretta S.p.A. (dossier)
Sturm, Ruger & Company, Inc. (RGR)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 100.00
1-Yr. Sales Growth: 4.2%
Employees: 700
Revenue per employee: $142,857.14
KEY PEOPLE |
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William M. Keys
CEO
Tom Siegel
CFO
CONTACT INFO |
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545 New Park Ave.
West Hartford, CT 06110
US
Phone: 860-236-6311
Fax: 860-244-1442
Online: Web Site
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