Bofors AB] is a Swedish and British arms manufacturer. The name has been associated with the iron industry and artillery manufacturing for more than 350 years. Located in Karlskoga, Sweden, the company originates from the hammer mill "Boofors", which was founded as a royal state-owned company in 1646. The modern corporate structure was created in 1873 with the foundation of Aktiebolaget (AB) Bofors-Gullspång.