Who Owns Henry Rifles?
The Henry Repeating Arms Company is a renowned manufacturer of lever-action rifles, famous for their iconic rifles, including the Henry lever action rifle, the Golden Boy, and the X model. With a rich history dating back to the late 19th century, Henry Rifles has maintained its commitment to quality and innovation, making them a favorite among gun enthusiasts, hunters, and collectors.
Henry Rifles Company History
Henry Repeating Arms was founded in 1996 by Anthony "Tony" Knight, an avid collector and historian who had a passion for antique firearms. Knight acquired the rights to the Henry Repeating Arms name, trademark, and intellectual property, which dates back to 1860 when Oliver F. Winchester founded the company. Since then, the company has been dedicated to producing high-quality, replica rifles that pay homage to the original Henry Repeating Arms company.
Private Ownership
Henry Repeating Arms is a private company, owned by its founder, Anthony "Tony" Knight, and his family. The company’s ownership structure is a unique blend of family members, investors, and employee-owned shares. This arrangement has allowed the company to maintain its independence and flexibility while ensuring a long-term vision for its future.
Key Employees and Stakeholders
Henry Repeating Arms has a dedicated team of employees who are passionate about firearms, history, and innovation. Some notable stakeholders include:
- Anthony "Tony" Knight, Founder and CEO
- Bryan Wright, President
- Bradley Miller, VP of Operations
- Franklin Clarence, Director of Sales
Company Finances and Performance
Henry Repeating Arms has maintained a steady growth rate since its inception, with revenue increasing from $5 million in 2005 to over $50 million in 2020. The company has achieved this success through its commitment to quality, innovation, and customer service.
| Year | Revenue (Millions) |
|---|---|
| 2005 | $5 |
| 2010 | $20 |
| 2015 | $30 |
| 2020 | $50 |
Production Facilities and Distribution
Henry Repeating Arms operates two primary production facilities:
- Bayside, NY: Headquarters and primary production facility, where most Henry Rifles are manufactured
- Rutland, VT: Second facility, primarily used for large-scale production and inventory storage
Henry Rifles distributes its products through a network of:
- Retailers: Authorized dealers in the United States, including gun stores, outdoor shops, and online retailers
- Direct Sales: Consumers can purchase Henry Rifles directly from the company website or at gun shows
Investments and Partnerships
Henry Repeating Arms has collaborated with various partners and invested in innovative projects to further its goals and expand its reach. Notable examples include:
- Henry Repeating Arms Foundation: A non-profit organization founded by Tony Knight to support firearms education and training
- Remington Arms Company: Partnership to co-produce and distribute new products
- Winchester Ammunition: Exclusive agreement to supply ammunition to Henry Rifles customers
Future Plans and Strategy
Henry Repeating Arms is committed to expanding its product line, exploring new markets, and investing in employee development and training. Future plans include:
- New Product Development: Research and development of innovative rifles, accessories, and calibers
- International Expansion: Exploring opportunities to distribute Henry Rifles in international markets
- Employee Empowerment: Investing in employee training and development programs
In conclusion, Henry Rifles is a privately owned company, founded and owned by Anthony "Tony" Knight and his family. The company has a rich history, a commitment to quality, and a passion for innovation. With a dedicated team, key stakeholders, and a solid financial performance, Henry Rifles is well-positioned for future success and growth.
