Well Winchester was loosing money on every M-70 they made, and the tooling used to make the gun was getting long in the tooth. The M-70's after 1958 or 59 were not as finely finished as the guns made from about 1946 to 56 or so. Remington introduced the 700 and the 7mm Remington Mag in 1962 and it was a huge seller and Remington made a profit on every rifle they made. Winchester didn't, they even worked over the 94 some at the same time in order to get back to being profitable. All the mistakes made with the M-70 were corrected by 1968 and I have to admit I owned a M-70 xtr in 270 for some time, it shot great and it was a nice rifle for the money at the time. Winchester had problems a lot of problems, for a long time they were made under license by U. S . Repeating Arms. Then FN, they have left New Haven, CT run out by local and state politicians , to South Carolina. In a way the Model 70 died in 1963, rifles were called Model 70's after were something else, at least to the die hard riflemen of the day, Jack O'Connor for example.
