1964 Changes
In the mid-to late 1950s, Winchester saw a management change which led to an extensive and extremely controversial redesign of their firearms in 1964. This is regarded by many as the year the "real" Winchester ceased to be, and consequently "pre-'64" rifles command higher prices than those made afterwards. Winchester itself went on to have a troubled future as competition from both the US and abroad began to decrease its sales. Although in the 1970s the company attempted to recover its reputation by bringing out the well-received SuperX-1 semiautomatic shotgun, produced along pre-1964 lines, the cost of manufacture again proved unsustainable. In 1980, the company was split into parts and sold off. The name "Winchester" remained with the ammunition making side of the company, and this branch continues to be profitable. The arms making side and New Haven facilities went to U.S. Repeating Arms, which struggled to keep the company going under a variety of owners and management teams. It finally announced plans to close the New Haven facility, the producers of the Model 1894, in 2006.
On August 15, 2006, Olin Corporation, owner of the Winchester trademarks, announced that it had entered into a new license agreement with Browning to make Winchester brand rifles and shotguns, though not at the closed Winchester plant in New Haven. Browning, based in Morgan, Utah, and the former licensee, U.S. Repeating Arms Company, are both subsidiaries of FN Herstal. In 2008 FN Herstal announced plans to produce Model 70 rifles at its plant in Columbia, SC.
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