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

Gotw Xbolt2 Speed Spr Web
Gotw Xbolt2 Speed Spr Web

Gun Of The Week: Browning X-Bolt 2 Speed SPR

On this episode, we’re taking a closer look at the latest version of one of the most popular bolt-action rifle platforms out there. This is the Browning X-Bolt 2 Speed SPR.

The Armed Citizen® Aug. 29, 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.

Bullpup Your AR-15: The A3 Industries Triad Modular Bullpup Chassis

This chassis kit provides a handy way for AR fans to try a bullpup carbine on for size.

Hillsdale College & The Shooting Sports

Hillsdale College has invested in the Second Amendment and the shooting sports in a way that few schools have. At its John A. Halter Shooting Sports Education Center, collegiate shotgun and action pistol teams compete and build their firearm-handling skills.

Thompson/Center Arms Acquires Green Mountain Rifle Barrel Company

Thompson/Center Arms announced it has acquired the Green Mountain Rifle Barrel Company.

Teaching Liberty: Hillsdale College & The Second Amendment

At Hillsdale College, students don't just learn about the fundamental truths behind the Second Amendment. They also learn the practical side of the right to keep and bear arms.

Interests



Get the best of American Rifleman delivered to your inbox.