| Biography/History: |
Iver Johnson was a U.S. firearms, bicycle, and motorcycle manufacturer from 1871 to 1993. The company shared the same name as its founder, Norwegian-born Iver Johnson (1841-1895). Iver Johnson immigrated to Worcester, Massachusetts from Oslo Norway in 1863 at the height of the American Civil War. Johnson was a gunsmith by trade at the time, but also worked as an inventor in his spare time, which would come in handy later on as he sought new and creative uses for his partially idle manufacturing equipment, a thought process which would eventually lead him and his heirs to diversify the corporation's businesses. His early work involved not only gunsmithing locally in Worcester, MA, but it also included providing designs and work to other firearms companies, notably Allen & Wheelock for whom he made so-called "pepperbox" pistols. In 1871, Johnson joined Martin Bye to form the Johnson Bye & Company, merging his own and Martin Bye's gunsmithing operations. During this period, Johnson and Bye filed for and received several new firearms features and firearms feature improvement patents. Their primary revenues came from the sale of their self designed and manufactured inexpensive models of revolvers. Bye and Johnson filed jointly for and were awarded multiple patents together, mostly related to firearms designs, beginning in 1876. The company’s name changed to Iver Johnson & Company in 1883 upon Johnson's purchase of Bye's interest in the firm. Iver Johnson's Arms & Cycle Works. The company's name changed again to Iver Johnson's Arms & Cycle Works in 1891, when the company relocated to Fitchburg, Massachusetts in order to have better and larger manufacturing facilities. Iver Johnson died of tuberculosis in 1895 and his sons took over the business. They shepherded the company through a phase of expansion, as bicycle operations grew, then converted to motorcycle manufacturing and sales. They also saw the growth of the firearms business and the eventual restructuring of the company to focus on firearms and related business as they divested non-firearms concerns, such as the motorcycle business, in the face of growing firearms demand, World War I's armaments industry expansion, and other factors. As family ownership waned and outside investment via publicly traded stock and mergers/acquisitions/partnerships took hold, the company changed ownership and moved several times during its operation. The company eventually dropped "Cycle Works" from its moniker when that part of the business was shut down. The business successfully weathered the Great Depression (in part thanks to higher rates of armed robbery, which helped maintain demand for personal firearms) and was buoyed by the dramatic increase in the market for arms leading up to and during World War II. |