Who bought Horton Crossbows
11/26/2013 00:23"TenPoint Crossbow Technologies just recently purchased selected possessions of Horton since Horton's capability to operate shabby," stated Rick Bednar, Chairman, Head of state and CEO of Hunter's Manufacturing who works as TenPoint.
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"The business launched many of its employees in April 2013 and its primary (secured) lender lastly took possession of all Horton's properties, and closed its doors. That operation no longer exists, and TenPoint will certainly not continue making or servicing any of Horton's existing or previous bow designs," Bednar added.
Horton was the earliest crossbow making business in the nation. The Tallmadge, Ohio based manufacturer was also the first to present a reverse limb crossbow. And Ottie Snyder Jr., Horton's media relations manager at the time, was critical in motivating and promoting the use of crossbows for searching in a variety of states, Pennsylvania included. He attended a number of Pennsylvania Game Commission meetings to talk on crossbows and encourage the PGC to enable them for hunting, not just for handicapped hunters, however for all seekers. And he did this at a number of various other state game commission firms.
When Horton established financial problem, Greg Ritz, a TELEVISION host of Hunt Masters, purchased the troubling company but couldn't turn it around. For this reason the repossession and Horton's demise.
Ironically, Bednar was one of the 4 investors who produced the initial Horton USA brand name in 1985. When he sold his stock and left the organization, he served as COO from its inception up until 1991. In 1994, Bednar formed Seeker's Manufacturing Business and called his bows after the business. Horton, nevertheless, demanded the resemblance of that name to theirs, so Bednar altered the name to TenPoint.
As for Horton's death, Bednar explained, "To put all this in easy terms, our study made it clear that it was neither functionally nor economically sensible to resume the Horton production and servicing operation. We mean to invest the months ahead creating a new company with a new lineup deserving of the storied Horton name. We expect to reintroduce the new company as quickly as it is practical. While that effort is in progress, we will certainly remain to stay focused on managing TenPoint and our subsidiary, Wicked Ridge Crossbows.".
As for getting Horton bows dealt with if something breaks, Rick Weaknecht of Weaknecht Archery in Kutztown, who was one of Horton's largest dealerships, stated that he has some parts in stock for Horton crossbows once they're gone, he has no access to more.
And when it comes to Bednar's statement of producing a brand-new company with Horton products, Weaknecht stated he assumes from what his TenPoint representative informs him, is that Bednar will certainly reintroduce only the reverse limb crossbow that Horton sold, maybe under a different name as they've finished with sub-branded and more economical Wicked Ridge crossbows.
As a side note to crossbows, who 'd ever think a crossbow would cost close to $2,000, the price of a high-end rifle or shotgun. According to Weaknecht, he has people coming in the store and plunking down this price for a TenPoint given that they had to forego a family getaway or hold off on purchasing a brand-new automobile so they can manage these and high-end recurve bows.
Horton was the oldest crossbow making business in the nation. And Ottie Snyder Jr., Horton's media relations manager at the time, was important in encouraging and advertising the use of crossbows for searching in a number of states, Pennsylvania consisted of. Horton, nevertheless, sued for the similarity of that name to theirs, so Bednar changed the name to TenPoint.
As for Horton's death, Bednar explained, "To put all this in simple terms, our study made it clear that it was neither functionally nor financially sensible to resume the Horton production and maintenance operation. Our Blog