![]() Production was then reduced to the basic Model 110 bolt-action rifle.Ī turn-around began in 1995 with the company returning to private ownership, lead by Ronald Coburn, previously of Smith & Wesson. Savage eventually ran into financial trouble in 1988 and filed for bankruptcy protection. The company was run by a variety of owners from the 1960s to the 1980s. After the war it produced the first motorized lawnmower. ĭuring World War II, Savage turned again to military production, making heavy munition. double rifle, which is actually an over-under rifle/shotgun combination that sold over a million copies. ![]() In 1939, Savage introduced the Model 24, a rare U.S. Savage merged with the Driggs-Seabury Ordnance Company during World War I and produced Lewis machine guns. Within 20 years they were producing rifles, handguns, and ammunition. Savage Arms was founded in 1894 by Arthur Savage in Utica, New York.
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