Smith & Wesson 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 in Norwich, Connecticut in 1852 to develop the Volcanic rifle. Smith developed a new Volcanic Cartridge, which he patented in 1854. The Smith & Wesson Company was renamed Volcanic Repeating Arms in 1855, and was purchased by Oliver Winchester. Smith left the company and
Smith & Wesson production equipment and instituted additional testing which significantly increased product quality. However new gun sales in the United States lagged in the 1990s, some of which was attributed to the Federal Assault Weapons Ban of 1994. Also there were numerous city and state lawsuits against Smith and Wesson. After the success of the Tobacco Master Settlement Agreement, municipalities thought they might be able to succeed through tort law against the gun industry as well. These political and legal challenges provided a lot of risk and uncertainty for Smith and Wesson's future. On March 17, 2000, Smith & Wesson made an