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“Ten bullets through one hole” is the philosophy that brought Hornady® from a two-man operation in 1949, to a world-leading innovator of bullet, ammunition, reloading tool and accessory design and manufacture today. Hornady Manufacturing Company is an American manufacturer of ammunition and handloading components, based in Grand Island, Nebraska. The company was founded by Joyce Hornady (1907–1981) who started in the munitions business in the early 1940s when he teamed up with Vernon Speer to make bullet jackets from spent brass rimfire cases. After World War II, Hornady began buying up surplus manufacturing equipment from the US government—such as Waterbury-Farrell transfer presses, which are still in use by the company today. In 1964, Hornady began manufacturing rifle and pistol ammunition.