A
little history, if anyone cares.
Bear MGC was formed when the 3 supervisors (McIntosh [formerly of Gerber], Griffey, and I forget the other fellow with the C...

) bought the business (late '80s or '90?) from Jim Parker...who had recently bought out his partner Fain Edwards (Parker-Edwards). The purchase included a steel making facility that made Damascus (or at least folded steel) among other knife steels. They had even sold some Damacus to Schrade for a series of LB5s for Cutlery World.
Anyway, sometime in the middle '90s, Victorinox bought the business, purportedly because they wanted the multitool plier patent to compete in that market.
As Codger mentioned, it was bought back by Ken Griffey and his son, (maybe others, as well???), in 2004.
Speculation...maybe Victorinox needed the money to complete the Wenger deal??
I have a few knives made at various points in the timeline. IMHO, they are decently made knives, nothing special, but good users, for $30-$40 knives. I don't have any made since the Griffey's took it back, however.
Sure looks like they are in line to scoop up some contract business from Camillus. JMO.
If anybody can add or correct, please do so.
Bill