Smith & Wesson Brands, Inc. (NASDAQ: SWBI) plans to divest (sell off) its Thompson/Center Arms (T/C) brand. This T/C divestiture as part of a “broader strategic plan” by Smith & Wesson to focus on its core S&W brands. So soon Thompson/Center rifles, muzzleloaders, and single-shot pistols will no longer be produced by Smith and Wesson. Accordingly, if you’ve been thinking about getting a T/C gun, now may be a good time to buy. We predict inventories will be sold off at discounted prices. NOTE: S&W remains committed to providing customer service to current T/C gun owners.
Smith & Wesson President/CEO Mark Smith declared: “Thompson/Center is a beloved hunting brand with a longstanding heritage, and we are committed to ensuring a smooth transition. 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. We remain fully committed to the hunting and long-range shooting market, and with this divestiture we will be able to now focus on these categories under our iconic Smith & Wesson brand. Additionally, this will allow us to immediately redirect manufacturing capacity to increase overall production volumes, allowing us to gain additional market share[.]”
No Buyer Currently for Thompson/Center Arms
At this time, a buyer for the Thompson/Center Arms brand has not been identified. However, the divestiture is not expected to have a material financial impact on S&W’s first quarter fiscal year 2022 results. S&W expects the divestiture “to be accretive to the Company’s full year fiscal 2022 through higher overall production levels, increased margins, and lower marketing costs”. The Company states that this decision will NOT result in a workforce reduction as it will “repurpose capacity immediately” to other areas.
Thompson/Center Arms — Types of Firearms Currently Produced
Thompson/Center Arms produces a wide range of firearms including bolt-action rifles, semi-auto rimfire rifles, muzzle-loaders, plus T/C Encore rifles and pistols. Expect all these firearms to be discounted heavily in the months ahead. CLICK HERE to see the full line-up of T/C firearms at TCArms.com.
About Smith & Wesson Brands Smith & Wesson Brands is a leader in firearm manufacturing and design, delivering a broad portfolio of handgun, long gun, and suppressor products to the global consumer and professional markets under the iconic Smith & Wesson, M&P, and Gemtech brands. The Company also provides manufacturing services, including forging, machining, and precision plastic injection molding services.
Share the post "Smith & Wesson Will Sell Off Thompson/Center Arms Business"
At the request of our readers, we provide select “Deals of the Week”. Every Monday morning we offer our Best Bargain selections. Here are some of the best deals on firearms, hardware, reloading components, optics, and shooting accessories. Be aware that sale prices are subject to change, and once clearance inventory is sold, it’s gone for good. You snooze you lose.
1. Midsouth — Major Brand Blem Tipped Bullets — Up to 45% Off
Midsouth is now offering big savings on major-brand blem bullets. These are overruns, cosmetically blemished jackets or tip discolorations, or factory second bullets from a major bullet manufacturer (Midsouth isn’t allowed to name the company). NOTE: Some projectile tips are misshapen, other packages may contain bullets which vary by grain weight. No matter what, you’re getting tipped hunting, or tipped match bulk bullets at huge savings. Many options in .243 (6mm), .257, .264 (6.5mm), .277, .284 (7mm), .308, and .338 calibers.
2. Brownells — Thompson Center T/CR22 — $249.99 With Rebate
Thompson Center’s new T/CR22 rimfire can use most Ruger 10/22 accessories including 10/22 mags. But it has some distinct advantages over the Ruger. The stock is a quality MagPul composite design. The barrel is button-rifled with a threaded muzzle. The bolt holds open after the last shot. This gun comes complete with front and rear iron sights as well as a Picatinny rail on the action. NRA reviewers praised this gun saying: “Thompson Center has taken the aftermarket parts you’re going to pay extra for [on a Ruger 10/22] and made them standard on the T/CR22, saving you some cash[.]” Right now the T/CR22 is on sale for $299.99 at Brownells with a $50 manufacturer REBATE, for a $249.99 cost after rebate. But it gets better — use CODE “N8Y” during checkout to save another $20 and get free shipping. Then your actual cost for the rifle (after discount and rebate), is $229.99 plus $10.00 FFL Processing fee.
3. Brownells — ATI GSG .22 LR FireFly Pistol (P226 Style)
If you like SIG Sauer P-series pistols, you’ll love this GSG .22 LR rimfire. It faithfully copies the lines and ergonomics of the classic P226 9mm handgun. Make by GSG in Germany, the ATI Firefly features a 4″ barrel, alloy frame, and steel slide. A simple blowback operating system provides reliable cycling with included 10-round magazine. The Firefly is on sale now at Brownells for just $179.99, marked down from $249.99. That’s a great price for a nice little rimfire that is offered in three finishes: Matte Black, Tan, and Dark Green. Weight: 1.53 pounds.
4. VihtaVuori — $5.00 Per Pound Rebate on Vihtavuori Powders
The 2018 VihtaVuori Rebate Program is under way. For a limited time, earn $5.00 back per bottle when you purchase VihtaVuori powders. Act soon as this offer expires on October 15, 2018. Be sure to keep your receipts and note the labels. The Rebate application MUST include proof of purchase showing retailer name and date of purchase. And the Rebate Form MUST include the serial number for each VihtaVuori bottle purchased.
VV Rebate Start Date: 8/15/2018
VV Rebate End Date: 10/15/2018
Postmarked By Date: 11/30/2018
Minimum Purchase: One 1-pound bottle
Maximum Purchase: Twelve 1-pound bottles
Maximum REBATE is $60.00
5. Natchez — Big Savings on Nikon Optics (Scopes, LRFs, Binocs)
Need a scope or LRF for hunting season? Here’s a chance to save hundreds on a quality Nikon optic. Natchez Shooters Supply is offering exclusive deals on both new and refurbished Nikon riflescopes, rangefinders, and binoculars including camo finish hunting scopes for hunters. There are some truly excellent bargains, plus you can get $5 Flat Rate Shipping with Code 180910 (through 9/12/18). Here are some of the best deals on Nikon scopes at Natchez right now:
Burris Scopes Also on Sale
Natchez also has many Burris scopes up to 60% OFF. For example the Burris XTR II 1-5x24mm riflescope is marked down from $799.00 to $459.99, a $339 savings!
6. Mossberg — 20% Off All Products in Mossberg Store this Week
Mossberg just announced a major fall season sale. Virtually everything in Mossberg’s online store is now 20% Off with CODE “FALL 20″. This includes stocks, barrels, triggers, sights, heat shields, magazines, apparel, range bags, gun cases, and much more. This is a great way to acquire quality accessories at bargain prices. This promotion runs through 10/11/2018. Mossberg Sale tip from EdLongrange.
NOTE: This sale does not apply to complete Mossberg rifles or shotguns. Those must be purchased through retail FFL dealers.
7. Stocky’s — LR Stocks with Aluminum Bedding Block, $179.99
Here’s a good deal on a versatile Stocky’s Long Range Stock with aluminum V-block bedding system. For just $179.99, order this for Rem/Rem Clone long actions or short actions, with either narrow or wide (varmint/tactical) barrel channel. This would be a good choice for a varmint rifle. This is also offered with handsome hydrographic or web-pattern baked-on textured finishes for $199.99.
8. Brownells — RCBS Rock Chucker Supreme Press, $130.99
The RCBS Rock Chucker Supreme Press is a classic single-stage press that will handle all hand-loading sizing and seating chores. There’s plenty of leverage to full-length size big cases. The rigidity of this cast-iron press also allows precise, repeatable bullet seating. While we prefer to prime as a separate operation, you CAN prime your cases with the Rock Chucker. Right now this press is on sale at Brownells for $140.99. However, with CODE “NBM” you save $10 and get FREE Shipping. That way your net cost is $130.99 delivered. This same press sells elsewhere for up to $165.00.
9. Amazon — 12″x12″ Splatter Grid Targets, 10 for $9.99
This 12″x12″ Splatterburst Target combines splatter shot marking with a grid background, with five aiming points. The bright neon shot circles make it easy to see your shots. And the handy grid lets you quickly estimate your group size. Get a 10-pack for $9.99, or a 25-pack for $17.99 (better deal). This particular target has earned rave reviews — 87% of verified buyers gave this a FIVE-Star rating. One example: “Excellent quality and durability. The adhesive is really strong. High contrast makes down range targeting easy and the splatter contrast is [great].”
Share the post "Bargain Finder 159: AccurateShooter’s Deals of the Week"
Thompson/Center Arms has a new rebate program running October 1, 2018 to December 31, 2018. Get $50 back with the purchase of a T/C Compass rifle or $25 back with the purchase of a T/C Impact muzzleloader. You can also get $50 rebate on T/CR22 rimfire rifles, as part of the Rimfire Redefined promo which began in August, 2018.
The T/C Compass is a basic, no-frills hunting rifle. T/C Compass owners say this rifle offers excellent “bang for the buck”, with decent accuracy (approaching 1 MOA). American Rifleman has done a very thorough review of the T/C Compass that’s worth reading. That review shows details of the action and the three-lug bolt. The tester liked the Compass trigger, writing: “It’s as good a factory trigger as I’ve encountered.” The test rifle, chambered in .30-06 Springfield, averaged 1.23″ 5-shot groups with three types of factory hunting ammo.
To participate in the “Hunt for Savings” rebate program, customers must complete and submit the online rebate form at Smithandwessonrebates.com. Deadline for rebate submission is January 31, 2019.
Rebates will be delivered as follows:
$50 USD Smith & Wesson prepaid MasterCard on any new T/C Compass bolt-action rifle.
$50 USD Smith & Wesson prepaid MasterCard on any qualifying new T/CR22 rifle.
$25 USD Smith & Wesson prepaid MasterCard on any new T/C IMPACT! Muzzleloader.
Share the post "New Rebates for Thompson/Center Rifles"