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The ancestor of the Winchester Repeating Arms Company was the Volcanic Repeating Arms Company. It was later reorganized into the New Haven Arms Company, its largest stockholder being Oliver Winchester.

After the American Civil War, Oliver Winchester renamed the company the Winchester Repeating Arms Company.

Winchester Repeating Arms Company went into receivership in 1931, and was bought at bankruptcy auction by the Olin family's Western Cartridge Company. Oliver Winchester's firm would maintain a nominal existence until 1935, when Western Cartridge merged with its subsidiary to form Winchester-Western Company; in 1944 the firearms and ammunition operations would be reorganized as the Winchester-Western Division of Olin Industries.

In 1980 the plant was sold to its employees, incorporated as the U.S. Repeating Arms Company (USRAC), together with a license to make Winchester arms. Production of ammunition and cartridge components under the Winchester Ammunition Inc. name was retained by Olin, not licensed to USRAC.

From 1981 until 2006, Winchester guns were made by the USRAC. When USRAC went bankrupt in 1989 it was acquired by a French holding company, then sold to an arms making cartel sponsored by the Belgian Herstal Group, which also owns gun makers Fabrique National (FN) and Browning.

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Q: Who owns the Winchester firearms trade name Olin or FN?
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Did Winhcester Firearms go out of business?

Yes, in a sense they did. There has not been a "Winchester Gun Company" since December of 1980, and prior to that time, it was a division of Olin Industries. Olin sold the original New Haven factory to the newly formed U.S. Repeating Arms Company (U.S.R.A.Co.) in late 1980, and they began business in early 1981. Olin leased U.S.R.A.Co. the rights to use the trade marked WINCHESTER name for a period of 25-years. Sometime in the early 1990s (1993?) Belgian company Fabrique National (F.N.) bought the U.S.R.A.Co., and in March of 2006, they shutdown all U.S. based operations at the New Haven factory. Currently, the Browning Arms Co. has a Winchester division (after they secured the rights to use the trade mark WINCHESTER name). Oddly enough, the Browning Arms Co. is owned by F.N.


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