OT-Winchester closing doors

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MC
Posts: 34
Joined: Fri Oct 11, 2002 10:53 am
Location: windsor, Ontario

OT-Winchester closing doors

Post by MC »

U.S. Repeating Arms announces plans to close Winchester plant!


By MATT APUZZO
Associated Press Writer

January 17, 2006, 2:23 PM EST


NEW HAVEN, Conn. -- U.S. Repeating Arms said Tuesday that it is preparing to close its flagship factory in New Haven, where Winchester rifles have been made for 140 years.

The announcement touched off a lobbying effort by city officials and union leaders who hoped to find someone to buy the plant before it closes March 31.

"It's part of who we are as a nation just like it's part of who we are as a city. It's the gun that won the West," Mayor John DeStefano said. "What are we going to have, Winchester rifles manufactured in China? Is this what we're coming to?"

Everett Corey, a representative of the International Association of Machinists District 26, said 186 workers will lose their jobs if the plant closes. The company said it had more than 19,000 workers during World War II.

"Several generations have worked at this place, a lot of fathers and brothers, sons, uncles and daughters," said Paul DeMennato, facility director at U.S. Repeating Arms. "A lot of marriages were people who met at Winchester."

U.S. Repeating Arms, which is owned by the Herstal Group, a Belgium company, has said for years that it was on the brink of closing the plant. The company said sales have fallen off steadily.

DeMennato said the company is negotiating the sale of its plant. The Winchester name is owned by Missouri-based Olin Corp., which had sold U.S. Repeating Arms the right to use the name until next year.

Olin had no immediate word on its plans for the Winchester name.
morepowr
Posts: 66
Joined: Thu Oct 14, 2004 7:17 pm
Location: Athens, Ohio

Post by morepowr »

I have two Winchester 1300 pump shotguns. I wonder if this will raise the value on them.
"If it moves, my excocet will kill it"
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