Actually Federal did have a connection to S&W ammunition. They were one of the suppliers of cartridge cases to S&W-F and then S&W (but obviously not with the Federal head stamp). I believe Olin was also a supplier. After buying out Fiocchi's share of the business and closing down Alcan, S&W moved their ammo and component facilities to Rock Creek, OH where they produced loaded ammo, primers, and (I think) bullets. They sold the rights to Nyclad bullets to Federal in the 1980's. At one time I knew an older man who had worked at the Rock Creek plant and he told me in some detail what they did there.