1810 - 1880 (70 years)
Has 14 ancestors and 3 descendants in this family tree.
||Oliver Fisher Winchester |
||30 Nov 1810
||11 Dec 1880
||This person is also Oliver Winchester at Wikipedia |
||24 Jan 2002 |
- inventor and firearms manufacturer, developer of the Winchester rifle
His name is most closely associated with producing armaments actually got his start manufacturing clothing to cover men's arms. He opened a store in Baltimore making and selling shirts (1837), before moving to New York (1847) where he took on a partner. Winchester patented a new method or manufacturing men's shirts, and opened a factory in nearby New Haven, Conn. In 1850. He invested his profits from the factory into Volcanic Repeating Arms Company, becoming principal shareholder and president by 1856. Under his leadership, the company acquired rights to manufacture when he had acquired rights to manufacture pistols and rifles patented by Tyler Henry and others. The repeating rifle was in full production by 1860, and was in heavy demand during the Civil War, during which Winchester continued to improve the rifle's design by acquiring other patents. He renamed the company the Winchester Repeating Arms Company in 1866. A political and philanthropic figure, he was lieutenant governor of Connecticut (1866–67) and made large donations to Yale.
20,000,000 $ 1880
15,000,000 $ 1875
300,000 $ 1850
Oliver Winchester was a versatile business man who started his career as abuilding contractor in Baltimore in the 1830's, went on to New York, where he joined John M. Davies in the import of cotton goods. In 1848, he patented a new method for manufacturing shirts and with Davies started a factory in New Haven. Winchester invested the profits of his shirt factory acquiring shares in other manufacturing ventures, notably the Volcanic Repeating Arms Company of Norwich Ct. The firm had been founded in 1855 by the famous armorers Horace Smith and Daniel Wesson, but in 1857 it faced bankruptcy and Winchester had the choice to bail it out or loose his already sizeable invested. He chose the former and took over the presidency as well as the majority of shares. He hired Benjamin Tyler Henry as a plant supervisor and aggressively pushed his products into ready markets. Fueled by Civil War, the firm prospered, producing 13'000 Henry rifles. In 1866, Oliver Winchester finally gave the firm his name, which became famous, notably on the overwhelming success of its Model 1866 "Yellow Boy" rifle, which was second only to Samuel Colt's revolver in the part it played for the opening of the Wild West. Winchester married Jane Ellen Hope and had two children, a son who became his main heir and a daughter who married the man who was destined to .