Tricks
$1:
Doesn't Colt Canada build the C-7? The colt factory in Canada would build it wouldn't it?
Colt Canada??????
$1:
Colt Defense LLC, a designer, developer and manufacturer of small arms for military and law enforcement agencies, announced today the completion of its acquisition of the Logistics & Defense Division, Diemaco, from Héroux-Devtek Inc. (TSX: HRX). The Diemaco business will now be operated as Colt Canada Corporation, a wholly owned subsidiary of Colt.
Colt's needed this to acquire the proprietary barrel manufacturing method---hammer forging.
This is similar to Timberjack in Woodstock, On, a manufacturer/pioneer in forestry equipment. This was purchased from Timberland, the original company by Eaton/Yale.....then sold to Valmet of Finland.....which in turn sold it to Deere & CO (JOHN DEERE) who having acquired the rights to proprietary models closed the plant after a year or so and removed production to the US.