Arms Corporation of the Philippines (Armscor) and its parent, Squires Bingham Co., Inc., commemorate three significant anniversaries this year, each having substantial round numbers – 50, 60 and 70.
Held at the Manila Polo Club, the triple celebration was a successful one, hosted by Marco Tuason and Nancy Castiglione.
70 years signifies how long the company has been Filipino-owned, specifically by the Tuason family.
60 years indicates the length of time they have been in the manufacturing. In 1952, President Ramon Magsaysay gave the company its first license to manufacture firearms and ammunition, giving rise to Squires Bingham Manufacturing Company, also known as Squibman.
Finally, 50 years represents the duration of Demetrio “Bolo” R. Tuason’s leadership of the company. Early in his career, his father, Don Celso Tuason turned over the reign of the company and groomed him to be chairman and President. This eventually led to the official birth of Armscor, the manufacturing company of firearms and ammunition.
Also, 2012 paves the way for the official turnover of Bolo Tuason’s leadership to his only son Martin O. Tuason on January 1, 2012. On top of becoming President and CEO of Armscor, Martin will maintain the position of CEO o of Armscor Precision International (API), which represents Amrscor, Martin will maintain the position of CEO of Armscor Precision International (API), which represents Armscor in the USA. Meanwhile, Severo “Conkoy” J. Tuason, Bolo’s brother, will sit as Chairman of the Board, while his son, Scott “Gutsy” D. Tuason will assume the Presidency of parent company Squire Bingham Co., Inc.
This turnover denotes a significant opening of a new chapter in Armscor history. 
Today, Armscor distributes firearms and ammunitions to more than 60 countries worldwide, and is ISO 9001 certified. It is involved in partnership with renowned global names in the industry. Armscor Shooting Center, Inc., which distributes Arsmcor products in the Philippines, imports product lines from highly regarded names such as Tangfoglio S.N.C. of Italy, STI International of USA, Caracal of United Arab Emirates and Sarsilmaz of Turkey, to name a few. At present, Armscor is considered South East Asia’s largest private manufacturing of firearms and ammunition.
50, 60, and 70 years are certainly ample time spans for garnering a wealth of experiences, making Armscor what it is today.
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