Winchester went under in the early 1980's. U. S. Repeating arms has manufactured guns bearing the Winchester name from then forward at a plant in New Haven Conn.
U.S. Repeating arms was owned by the Hertsel group of Belgium. Browning is also owned by the Hertsel group.
On August 15th Browning announced it had reached a long term agreement with Olin Corp, who owns the right to the Winchester name brand, to manufacture using the Winchester name.
My understanding is that only 3 models of Winchesters were produced in the New Haven Conn. plant, (1300, 94, and model 70) and other guns produced elsewhere bearing the Winchester name were still being manufactured. (X2 etc).
There were rumors that the tooling at the New Haven plant was obsolete and needed a technology refresh.
Pure speculation on my part, but labor problems and high taxes in Conn. combined with the needed technology refresh closed the New Haven plant and the parent, Hertsel group, decided they would be better off to build the gun some where else. I.E Browning
I haven't read anything that would indicate where the new Winchesters will be built, but Browning has built rifles in Mikirouku Japan and shotguns in portugal if I remember correctly. Who knows? Might be made in Russia, or one of the eastern european countries, maybe even Brazil.
Give it a year and Winchesters should be relatively inexpensive again.........IMO
