Hompson Center Sold News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In a release, the publicly-traded company (NASDAQ: SWBI) said the move to sever the T/C branch of the storied American gunmaker was to better focus on core S&W brands. 
Thompson/Center is a beloved hunting brand with a longstanding heritage, and we are committed to ensuring a smooth transition, said Mark P. Smith, President and CEO of Smith & Wesson Brands, Inc. Thompson/Center Arms loyal consumers should rest assured that they will continue to receive the world-class firearms, accessories, and customer service support that the brand has been known for since its founding in 1965.
Smith cautioned that S&W will remain fully committed to the hunting and long-range shooting market, even without T/C while allowing the company to immediately redirect manufacturing capacity to increase overall production volumes, allowing us to gain additional market share while simultaneously increasing profitability. ....

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