The story
Elmer C. Ballance began using the name "Springfield Armory" through his company (LH Manufacturing) dedicated to the first civilian production of the M14 rifle, calling it the M1A. Ballance began in San Antonio, Texas, and soon after moved to Devine, Texas, where the company gained momentum and popularity. In 1974, Ballance sold the company to the Reese family, who had a well-established production shop in Illinois and experience base. The company then expanded its market into other firearms, including the M1911. After further success, the company began to branch into even more types of firearms. The company, now run by Dennis Reese (formerly along with his brother Tom Reese), produces numerous firearms in many styles and models, ranging from the AR-pattern SAINT rifles and pistols, to the M1A family, to a wide range of 1911s, to the compact 911.380 and 9mm pistols, and also a broad selection of polymer-framed pistols. The latter group includes the micro 9mm Hellcat, released in September 2019, which has proven to be popular in the CCW market.
The company has previously (as late as 2017) used a motto, "The First Name in American Firearms", in reference to the original and operationally unrelated Springfield Armory of Springfield, Massachusetts, which was founded in 1777 and closed in 1968. Those two dates are included in a timeline on the company's website, which notes that in 1974 "a passionate family by the name of Reese rescued" the Springfield Armory name.
From Wikipedia’s article on Springfield Armory, Inc., shared under CC BY-SA 4.0.4