On August 15, 2006, Olin Corporation, owner of the Winchester trademarks, announced that it had entered into a new license agreement with Browning to make Winchester brand rifles and shotguns, though not at the closed Winchester plant in New Haven. Browning, based in Morgan, Utah, and the former licensee, U.S. Repeating Arms Company, are both subsidiaries of FN Herstal. In 2008 FN Herstal announced plans to produce Model 70 rifles at its plant in Columbia, SC.