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:
“To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.”
—Thomas Jefferson (17431826)
“We dont know when our name came into being or how some distant ancestor acquired it. We dont understand our name at all, we dont know its history and yet we bear it with exalted fidelity, we merge with it, we like it, we are ridiculously proud of it as if we had thought it up ourselves in a moment of brilliant inspiration.”
—Milan Kundera (b. 1929)
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (18871971)