Larry: According to the press release S&W didn't build the factory and they don't own it. It was built 'for' them. They specifically comment about no capital investment. Their 'industry partners' must have done so... It's all a bit vague.

Looks like they want their stockholders and potential investors to think that if the project works, S&W makes big profits and if it bombs out the 'industry partners' (veteran ones, no less) get stuck holding the bag.

Subcontracting. Attempt to cash in on a respected(?) name.

"The price of good shotgunnery is constant practice" - Fred Kimble