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Colt's to spend nearly $5 million on consolidation.

Colt's Manufacturing will spend between $4 million and $5 million for the movement and set-up of machinery during its closure of the old plant in Hartford, Conn. over the next year, according to Jeffrey T. Crute, vice president of sales and marketing.

Close to $2 million was spent during the first three weeks of the movement of machinery to the new West Hartford location. The move was begun during the annual plant shutdown which occurs every year beginning the last week in July and continuing through the first two weeks of August (the time when production personnel take their vacations).

The plant closure, undertaken as a cost-cutting move, will result in a 50 percent reduction in space as both the new West Hartford and the older Hartford plants were each of an equal size of about 250,000 square feet. Crute estimates that within one year all the equipment will be fully consolidated within the production lines.

The older plant housed Colt's military production as well as the Custom Shop and the Model Shop (which produced new firearm prototypes). These two shops will be the last to move -- probably in November. The old building, which is owned by Coltech (former owner of Colt's), should have all of its equipment removed by year end. At that time an environmental cleanup will be performed on the building and the surrounding area. The building will then be torn down and replaced with condominiums.

The historic Hartford site, adjacent to the Connecticut River, was the location of Samuel Colt's factory up until the time of his death during the Civil War. Shortly after his death, the original factory sustained major damage during a fire. Colt's widow had the structure rebuilt and its red brick edifice has been a familiar sight to travelers riding along Interstate 91.

Glock Drops Rep Groups, Names In-House Sales Force

In an announcement on Aug. 2, Glock U.S.A. said the company would not be renewing any contracts with its outside sales agencies, and instead would assemble an in-house sales force to spearhead a new direction for the company in the future. Company Vice President Bob Gates said the decision was not "a reflection on the manufacturer's representatives' past performance or dedication to Glock products."

Glock has recently introduced six national sales and service managers, all of whom are former law-enforcement officials or police department armorers, leading to speculation that the company may be ready to concentrate its sales efforts even further on the law-enforcement market.

With an estimated $80 million in sales last year, there has been some speculation among the dismissed rep groups that Glock made the decision on a simple financial basis. Glock pistols have been in tight supply with the company logging a back order of nearly 45,000 units.
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Title Annotation:Colt's Manufacturing Company Inc.
Author:Hausman, Robert M.
Publication:Shooting Industry
Article Type:Column
Date:Oct 1, 1993
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