Winchester and Browning Enter Firearms License Agreement
East Alton, IL, August 15, 2006 -- Winchester announced today that it has entered into a long-term license agreement with Browning for the manufacture and distribution of Winchester brand rifles and shotguns. “With this new agreement, Winchester is confident that Browning will produce innovative firearms worthy of the Winchester name, continuing a tradition that people around the world associate with the Winchester brand,” stated Richard Hammett, President Winchester Ammunition. “We are proud of our heritage as The Gun That Won the West and consider this arrangement as entering a new era for the legendary Winchester firearms brand.” Charles Guevremont, President of Browning is equally optimistic and excited about the opportunity to continue the production and distribution of Winchester firearms. “We are more committed today than ever before to the development of exciting new Winchester firearms designs,” said Guevremont. “We will continually strive to build the quality products that generations of loyal Winchester customers have come to expect and will be proud to own and use for decades to come.” Winchester is a division of Olin Corporation. Olin Corporation is a manufacturer concentrated in three business segments: Metals, Chlor Alkali Products and Winchester. Winchester products include sporting ammunition, reloading components, small caliber military ammunition and industrial cartridges. For more information on Winchester products, including press releases and images, visit www.winchester.com, and then click on Press Room. For more information on Winchester firearms, including press releases and images, visit www.winchesterguns.com.