A 161-year-old company doesn’t top the Globe 100 without making some updates and, indeed, Smith & Wesson Holding Corp. has expanded its product lines significantly since 2005, when it was still known almost exclusively for revolvers. But a key to the Springfield gun maker’s surge from unranked last year to number one this year was getting back to its roots. Just two years after Smith & Wesson bought a security company under a plan to diversify, chief executive James Debney — who had been the boss for all of 11 days — declared an about-face in the fall of 2011. “We went back to what we do best, which is handguns,” said Debney, “and since that point have not looked back.” Full story for BostonGlobe.com subscribers.
This is a summary. To read the whole story subscribe to BostonGlobe.com
© Copyright 2013 Globe Newspaper Company.
Get the full story with unlimited access to BostonGlobe.com. Just 99¢ for 4 weeks.