1986
Coal Valley Illinois

• 1986 Karl Lewis and Jim Glazier formed Eagle Arms in Coal Valley Illinois
  – early Stoner patents had expired
  – marketed M16 and AR-15 type rifle parts
  –  took the retail business from Lewis’ company, Lewis Machine and Tool (LMT)
• 1989 produced complete rifles
  –  LMT supplied parts
• January 1994 Mark Westrom purchased Eagle Arms
• November 1994 produced a .308 caliber AR-10 type rifle called the “M-10”
• 1995 Westrom purchased the rights to the ArmaLite trademark
• 1995 Eagle was reincorporated as ArmaLite
  – Eagle Arms reduced to a division of ArmaLite