"I am extremely excited about the development of this new partnership," said Taurus President and CEO Mark Kresser. “Diamondback Firearms is a well-respected and recognized brand within the shooting industry. Along with their quality line of firearms, several other innovative projects are in the pipeline that make for a very optimistic future."
As part of the agreement, Taurus will assume all sales and marketing efforts for Diamondback.
"Having the opportunity to become partners with a fiscally secure company that has parallel philosophies in sound business practices, innovative design and manufacturing that complements our brand, is a winning proposition for all parties," said Bobby Fleckinger, Diamondback Firearms owner.