Subtotal: $ 941.00
The Taurus PT-111 Millennium G2 is not a new pistol. It was introduced in early 2013. But it finally got its footing in 2015 after Taurus was sold and new Brazilian management replaced senior managers in the U.S. I found its worth another look.
Taurus is hardly a new company; it produced its first revolver in 1941. In 1970, Bangor Punta, which owned Smith and Wesson, purchased a controlling interest in Forjas Taurus. The relationship with Smith Wessons deep experience in gun design and manufacture greatly benefited Taurus products.
In 1974, Beretta won a contract to produce small arms for the Brazilian Army. The contract required Beretta to build a Brazilian factory and to use Brazilian labor. When that contract ran out in 1980, Beretta sold the plant to Forjas Taurus. By that time, Forjas Taurus had new Brazilian controlling owners who had purchased Forjas Taurus from Bangor Punta in 1977. This meant that Forjas Taurus owned everything that once belonged to Beretta, including drawings, tooling, machinery, and an experienced workforce. Forjas Taurus used these newfound strengths to create the Taurus PT-92 and PT-99 9mm pistols.
Meanwhile, to grow in the U.S., in 1982, Forjas Taurus formed Taurus Holdings, Inc., in Miami, Florida. Over the next few decades, Forjas Taurus won over a lot of American consumers until it ran into the problems previously mentioned.
Acitelli said, One of the first things we did to turn the company around was to hire and we are still hiring an engineering team from the American market. We need gun guys. We need engineers who know how to innovate for this robust American market.
