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)
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