What iconic equine-alluding company, in countless books/films/cowboy holsters, filed for bankruptcy in 2015?
Colt's Manufacturing Company of the restructuring. Following persistent reliability problems, the reunited Colt lost its contract with the US military for M4 rifles in 2013. Parent company Colt Defense, LLC, filed for Chapter 11 bankruptcy protection on June 15, 2015, citing both assets and debts in the $100 million to $500 million range. According to analysts, Colt's problems were due to the loss of the contract and low demand for its civilian handguns. In January 2016, Colt announced that the bankruptcy court had approved its restructuring plan. The years in brackets indicate the year when production started, not the year of the model's
Alien Gear Holsters Alien Gear Holsters Alien Gear Holsters is an American holster manufacturer that makes concealed carry holsters used for personal defense. The company started in Arkansas and has since relocated to Post Falls, Idaho in 2016. Alien Gear Holsters started when Thomas Tedder couldn't find a handgun holster he genuinely wanted to carry a pistol in, and started to dabble in holster design. Eventually, he found a design that he was willing to concealed carry with, and began producing and selling holsters initially on a small scale. The operation began in his kitchen but eventually moved to his shed per his