Yes. it does, but then creative marketing is everything.
Always wondered where 'Craftsman' tools were made or if they came from an overseas container..... Suprise me....
I always considered your town to be the undeniable seat of techinical aristocrats, at least 30 years ago it was. It started in Sidney, Ohio (Monarch Machine Works) and progressed to the river with high points at Cincinatti-Milacron and General Electric Turbine Engine Division.
Back in the day, I hauled some monster machines out of Milacron. Was a bitch getting into and worse getting out of (with oversized loads) but I enjoyed every minute of being there and made some serious jack too.
I often wonder about optics and firearms in general. It makes no sense (from a mass manufacturing point of view) for optics makers or firearm makers to actually make each intrinsic part. If they did, they would all be priced like Schmidt and Bender or Sako TRG's, in other words, too expensive to appeal to or be afforded by the masses (you and me).
That leads me to believe that all consumer grade optics and firearms share intrinsic parts and/or in the case of optics, just rebadged in a different brand name.
To balance price point against profit is a delicate task.
Something to ponder.
and..........No Trashco's on anything other than a couple 22 target pistols. They do make a nice 30mm red dot for under 60 bucks btw.