- In 1965 Smith & Wesson had been purchased by a conglomerate named Bangor Punta Alegre Sugar Corp., a conglomerate based in Bangor, Maine, with operations in railroads, textiles, foundry equipment, sewage disposal systems, yacht manufacturing, commercial finance, grain elevators, and other areas.
- In 1970, Bangor Punta also purchased 54% of Taurus. Thus, the two companies became "sisters." Smith & Wesson never owned Taurus. They were both independent companies.
- However, during the next seven years, a great deal of technology and methodology was passed between the two. What may come as a surprise to some is that more of what was "right" in Porto Alegre was sent to Springfield than was sent from Springfield to south of the equator.
- Today's revolvers still bear a superficial resemblance to Smiths, but Taurus has made many modifications and improvements to its original designs and today's revolvers owe very little to any other manufacturer.
Taurus USA History
American Handgunner, May, 2002 by Charles Cutshaw
This FAQ was the product of the group effort of all the moderators of Taurus Armed.