PROGUN extends its congratulations and best wishes ARMS CORPORATION OF THE PHILIPPINES (ARMSCOR). This year, the Philippines' pioneer firearms manufacturer and the largest gun maker in Asia, and the world's largest manufacturer of 1911 pistols, is celebrating its "triple anniversary": 70 years of manufacturing, 60 years under the Tuason Family ownership, and 50 years under the leadership of Demetrio "Bolo" Tuason. In 1905, two Englishmen named Roy Squires and William Bingham put up a photo print shop and merchandising firm in the Philippines. The company established was called Squires, Bingham & Co. Squires and Bingham eventually expanded their business to general trading; importing and retailing motorcycles and sporting goods - including firearms and ammunition. By the 1930's, Squires Bingham Co. had become popularly associated with sporting guns. It was at this point in time that Arthur D. Hileman, an ex-US Army Hospital Corpsman, purchased the store from its original owners. In 1941, the store - referred to as the "Sportsmen's Headquarters" - found a new owner in Celso S. Tuason. Unfortunately, just four months after he purchased the store, World War II broke out and Japan invaded the Philippines! Naturally, the invaders first order of business, much to dismay of Don Celso, was to confiscate all the firearms in his store. To survive, Squires Bingham Company had to rely on its clothing and haberdashery during those dark years. Continue Reading