Smith & Wesson named after various pistol cartridges, such as .22 Magnum, .38 Special, .44 Magnum, .357 Magnum, and .500 Magnum. Smith & Wesson has entered into a licensing agreement with North Carolina-based Wellco Enterprises to design and distribute a full line of tactical law enforcement footwear. Smith & Wesson Smith & Wesson (S&W) is an American manufacturer of firearms, ammunition and restraints. The corporate headquarters are in Springfield, Massachusetts. Smith & Wesson was founded in 1852 and after various corporate changes is now a unit of American Outdoor Brands Corporation. Horace Smith and Daniel B. Wesson founded the Smith & Wesson Company
Smith & Wesson bought Crimson Trace, a laser-sight manufacturer, for $95 million and Taylor Brands, a tool and knife maker, for $85 million. In November of that same year the company bought UST Brands, a survival equipment maker, for $32.3 million. On November 7, 2016, Smith & Wesson announced that it would be changing the name of its holding company to American Outdoor Brands Corporation. In 2017 Smith & Wesson saw a severe contraction in its sales as units shipped to distributors and retailers declined 38.3%. The company was forced to lay off one-fourth of its manufacturing workforce. The company has come under