In 1995 Forjas Taurus purchased the rights & equipment to manufacture Rossi brand revolvers. market, the company created a subsidiary, Taurus International Manufacturing Incorporated, also known as Taurus USA, in 1988. In order to more effectively tap the U.S. In 1981, after Italian arms manufacturer Beretta had completed its contracts to produce firearms for Brazil's military, Taurus purchased Beretta's São Paulo manufacturing plant along with the tooling, technical drawings, and work force necessary to produce several different pistol designs. In 1973, Taurus was purchased from Bangor Punta by its current owners, and its ties to Smith & Wesson were severed. In 1962, the Bangor Punta Corporation, then the parent company of Smith & Wesson, purchased 87 percent of Forjas Taurus, allowing the two firearms manufacturers to easily share information regarding design and manufacturing. Beginning in 1953, it exported revolvers to the U.S. Taurus produced its first revolver, the Model 38101SO, in 1941.
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