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Bear Archery moved manufacturing from Michigan to Gainesville, Florida in 1978. The factory is still operating in Gainesville.
Bear Archery moved manufacturing from Michigan to Gainesville, Florida in 1978. The factory is still operating in Gainesville.


Over the next three decades Bear Archery changed hands in a series of mergers, acquisitions, and spin-offs from Victor Comptometer to Walter Kidde & Co<ref>''[http://archives.chicagotribune.com/1977/03/09/page/54/article/business-ticker OK Victor takeover by Kidde]'', Chicago Tribune, March 9, 1977</ref>, Hanson Industries, U.S. Industries<ref>''[http://www.apnewsarchive.com/1995/Companies-Being-Spun-Off-By-Hanson-PLC/id-29f081520be72ae1afbc03d48407bb93 Companies Being Spun Off By Hanson PLC]'', AP News Archive, February 22, 1995</ref>, Fenway Partners<ref>''[http://www.nytimes.com/1995/08/15/business/company-news-fenway-partners-buying-6-firms-from-us-industries.html Fenway Partners Buying 6 Firms From U.S. Industries]'', The New York Times, August 15, 1995</ref> and the North American Archery Group.
Over the next three decades Bear Archery changed hands in a series of mergers, acquisitions, and spin-offs from Victor Comptometer to Walter Kidde & Co<ref>''[http://archives.chicagotribune.com/1977/03/09/page/54/article/business-ticker OK Victor takeover by Kidde]'', Chicago Tribune, March 9, 1977</ref>, Hanson PLC, U.S. Industries<ref>''[http://www.apnewsarchive.com/1995/Companies-Being-Spun-Off-By-Hanson-PLC/id-29f081520be72ae1afbc03d48407bb93 Companies Being Spun Off By Hanson PLC]'', AP News Archive, February 22, 1995</ref>, Fenway Partners<ref>''[http://www.nytimes.com/1995/08/15/business/company-news-fenway-partners-buying-6-firms-from-us-industries.html Fenway Partners Buying 6 Firms From U.S. Industries]'', The New York Times, August 15, 1995</ref> and the North American Archery Group.


In 2003 Escalade Sports acquired the North American Archery Group and currently does business as Bear Archery Inc.<ref>''[http://www.gainesville.com/article/20030626/BUSINESS/206260339 Indiana company buys Bear Archery]'', Gainesville Sun, By Joe Coombs, June 26, 2003</ref>
In 2003 Escalade Sports acquired the North American Archery Group and currently does business as Bear Archery Inc.<ref>''[http://www.gainesville.com/article/20030626/BUSINESS/206260339 Indiana company buys Bear Archery]'', Gainesville Sun, By Joe Coombs, June 26, 2003</ref>

Revision as of 20:50, 5 January 2015

Bear Archery is a manufacturer and marketer of bows and archery equipment located in Gainesville, Florida owned by Escalade Sports.[1]

History

The company was founded in 1933 as the Bear Products Company in Detroit by Fred Bear and Charles Piper. [2] The initial focus was on silk-screening and advertising support work for automotive companies.

In 1938 Fred Bear hired Nels Grumley, a woodworker and bowyer, and the company expanded to offer hand-made bows.[3]

Fred Bear sold off the advertising side of the Bear Products Company in 1940, and the remaining archery business was named Bear Archery.

In 1947 the company moved to a new facility in Grayling, Michigan. The Grayling plant focused on making and marketing recurve bows and longbows in a growing archery market. Bow manufacturing changed from hand-made bows to mass production using fiberglass and other modern materials.

Fred Bear sold the company to Victor Comptometer in 1968,[4] but remained the president of Bear Archery. Bear was slow to introduce a compound bow, but eventually entered the market.

Bear Archery moved manufacturing from Michigan to Gainesville, Florida in 1978. The factory is still operating in Gainesville.

Over the next three decades Bear Archery changed hands in a series of mergers, acquisitions, and spin-offs from Victor Comptometer to Walter Kidde & Co[5], Hanson PLC, U.S. Industries[6], Fenway Partners[7] and the North American Archery Group.

In 2003 Escalade Sports acquired the North American Archery Group and currently does business as Bear Archery Inc.[8]

References

  1. ^ Bear Archery, Inc. DBA Escalade Sports. business.gainesvillechamber.com
  2. ^ Bear Archery Turns 80. Arrow Trade Magazine
  3. ^ The Bows of Bear Archery. Stickbow.com
  4. ^ Rick Rappe. Vintage Bows- II. Lulu.com. pp. 26–. ISBN 978-1-105-72997-3.
  5. ^ OK Victor takeover by Kidde, Chicago Tribune, March 9, 1977
  6. ^ Companies Being Spun Off By Hanson PLC, AP News Archive, February 22, 1995
  7. ^ Fenway Partners Buying 6 Firms From U.S. Industries, The New York Times, August 15, 1995
  8. ^ Indiana company buys Bear Archery, Gainesville Sun, By Joe Coombs, June 26, 2003

External links

Further reading