Fear & Loading: Colt on the Rebound

by
posted on March 29, 2017
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
colt_hiring.jpg

Colt’s Manufacturing is purchasing its property and adding 100 employees over the next five years.

On March 24 it was announced that Colt’s Manufacturing is making investments to expand operations and purchase its West Hartford headquarters and factory. Total cost of the project is estimated at $23 million, and the company not only intends on retaining its current work force of 600, it anticipates adding another 100 jobs in the next five years.

The firearm legend has been manufacturing firearms in the state since 1847. “Colt is a proud part of Connecticut history and we are committed to our employees and the company,” said Colt CEO Dennis Veilleux in a press release. “We are working hard to transform our business to better serve our customers and carry on Colt’s tradition of quality and excellence. Acquiring our headquarters and facility is a key part of this strategy.”

The Connecticut Department of Economic and Community Development is providing a $10 million loan to help underwrite the effort, with as much as $2 million “forgiven” if the company reaches its employment goals. Value of the land and manufacturing plant are estimated to be $13 million.

The company has been working hard since its emergence from Chapter 11 bankruptcy protection, and brought back an old favorite at the 2017 SHOT Show—the Cobra. Others in the firm’s refreshed lineup quickly gaining favor with shooters include the Delta Elite 10 mm and the Gold Cup 1911 pistols.

Latest

Hatsan Escort Optima 01
Hatsan Escort Optima 01

Hatsan Updates Escort Optima Shotgun

First announced at SHOT Show 2025 with a host of new features, Hatsan USA's updated Escort Optima over-under shotguns are now available and shipping.

Preview: Breakthrough Clean Technologies Muzzle Pro

Once upon a time, the word “plastic” was not associated with muzzleloading arms; however, today, polymers are associated with bullets and powders used in modern muzzleloading, and Breakthrough Clean has the just-right solution to do the clean-up.

Gun Of The Week: EAA Corp. Girsan Influencer X

We're on the range with an M1911 that is one of the smoothest-shooting versions we’ve shot in recent memory. And best of all? It’s incredibly affordable, to boot. This is the EAA Girsan Influencer X.

The Armed Citizen® Aug. 8, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

Hopkins & Allen: The Armsmaking Giant That Didn't Survive

Founded in 1868 in the northeast U.S., Hopkins & Allen grew from a friendly business venture into a prolific maker of affordable guns for brand names such as Merwin & Hulbert and Forehand & Wadsworth.

Burris Optics Celebrates 50 Years Of Fullfield Riflescopes

Firearms and ammunition ballistics have changed greatly over the last half-century, but one of the biggest leaps in performance hit the scene five decades ago, when Burris Optics introduced its Fullfield line of riflesopes.

Interests



Get the best of American Rifleman delivered to your inbox.