We all know that the illegal and unnecessary use of rifles causes violence. Its use has caused great destruction in the past, such as in the Florida incident. However, despite an immense decrease in the demand for rifles since the time Trump took control over the matter of allowing arms to the general population, the rifle manufacturers are earning huge sums of money in the USA. Curious to know the names of these rifle manufacturers? Hold on then! Below mentioned are the five major competing rifle manufacturers in the USA. Furthermore, this guide on Scopesreviews website gives reviews on the top rifles scopes. Do check it out.
1. Smith & Wesson (AOBC)
Smith & Wesson is one of the biggest competing rifle manufacturers in the USA market. Statistics show that in 2017, the company made a revenue of $773 million, with 91.2% of these sales to domestic people while the remaining percentage of sales were to exports and law enforcement bodies.
Smith & Wesson, being held publicly by traded American Outdoor Brand Corp. (AOBC), originated in 1852 when Horace Smith and Daniel B. Wesson shared hands on this project. It has its headquarters operating in Massachusetts, Springfield, Connecticut, Houlton, Seep River, and Maine. It has been found that the mass shooting in Florida was done using AR-15 type models of this company.
Remington is one of the ancient rifle manufacturers in the USA. It was introduced by Eliphalet Remington in 1816 with the aim of providing people with the best rifles of the time. Flintlock rifle was his first product, and it made a huge sale. The productions of Remington are not only limited to rifles but a number of other things including handguns. However, they are popular for their shotguns and rifles.
Remington has also shaken hands with other American brands such as Bushmaster and Marlin who manufacture rimfire guns, for example, the Model 60 and hunting guns.
3. Sturm, Ruger & Co. (RGR)
Sturm, Ruger & Co., introduced in 1949, is another leading rifle manufacturing company in the USA with its headquarters in Connecticut and Southport. According to the reports, the company had made a profit of $517.7 million in 2017, with 96% sales done to domestic people. Mother Jones mentioned that the company manufactured a total of 1.64 million arms in 2014 for the USA market.
The company manufactures guns in a number of places in the USA including Newport, North Carolina, and New Hampshire. It produces a wide range of rifles with hunting guns, pistols, assault rifles, and revolvers on the top of the list.
Mossberg took a flight in business with the production of a .22 pistol, “The Brownie” by the end of World War I. The company’s revenue reached heights of success during World War II since it was contacted by both US and British military for rifles and their parts. It is after this that the company started flourishing and manufactured a variety of other rifles, including their most famous 500 pump-action shotgun. Without any doubt, this shotgun is still their bestseller.
5. Savage Arms
Savage Arms has its headquarters in Massachusetts and Westfield. According to the Motley Fool, the company had made a huge profit, selling 400k arms in 2017. This company is known for manufacturing only long guns, primarily rifles, and a few shotguns. Savage Arms is being held by publicly traded Vista Outdoors (VSTO), known for making ammunition, guns, and other outdoor brands. According to the reports, the company had made a profit of $1.38 billion in 2017, with 54% sales via shooting sports.
So, these were the five major competing rifle manufacturers in the USA. Each one has its own specialty and is best in its own way. Nevertheless, these are just the 5 main rifle manufacturers in the USA, there are many others that have not been discussed here. You can imagine from here the diversity of rifle manufacturers and their products in the US market.