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Home > Company Index > Consumer Products-Durables  > Sporting Goods > Colt's Manufacturing Company, Inc.

Colt's Manufacturing Company, Inc.
 PROFILE
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
Fabbrica d'Armi Pietro Beretta S.p.A. (dossier)
Sturm, Ruger & Company, Inc. (RGR)

 FINANCIAL OVERVIEW
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
• William M. Keys
    CEO
• Tom Siegel
    CFO

 CONTACT INFO
545 New Park Ave.
West Hartford, CT 06110
US
Phone: 860-236-6311
Fax: 860-244-1442
Online: Web Site

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