History
Taurus produced its first revolver, the Model 38101SO, in 1941 and began exporting its revolvers to the U.S. market in 1968 through a series of importers.
In 1971, the Bangor Punta Corporation, then the parent company of Smith & Wesson, purchased 54 percent of Forjas Taurus, allowing the two firearms manufacturers to easily share information regarding design and manufacturing. In 1977, Taurus was purchased from Bangor Punta by its current owners, and its ties to Smith & Wesson were severed.
In 1980, after Italian arms manufacturer Beretta had completed its contracts to produce firearms for Brazil's military, Taurus purchased Beretta's São Paulo manufacturing plant along with the tooling, technical drawings, and work force necessary to produce several different pistol designs.
In order to more effectively tap the U.S. market, the company created a subsidiary, Taurus International Manufacturing Incorporated, also known as Taurus USA, in 1984.
In 1997 Forjas Taurus purchased the rights & equipment to manufacture Rossi brand revolvers. They currently manufacture three .38 special models & four .357 magnum models under the Rossi name, manufactured in São Leopoldo, Brazil.
Read more about this topic: Taurus (manufacturer)
Famous quotes containing the word history:
“Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
—Pierre Bayle (1647–1706)
“What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.”
—Ludwig Wittgenstein (1889–1951)
“The foregoing generations beheld God and nature face to face; we, through their eyes. Why should not we also enjoy an original relation to the universe? Why should not we have a poetry and philosophy of insight and not of tradition, and a religion by revelation to us, and not the history of theirs?”
—Ralph Waldo Emerson (1803–1882)