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Once the Colonial Era has been uplifted with Mercantile Governance, it is now time to replace your Halberiders with Grenadiers. Although the name suggests a unit that primarily uses bombs, nothing can be further from the truth when it comes to Grenadiers. For one, the term "Grenadier" was understood to mean crack assault troops on both foot AND horse alike.
These units are essentially a missile version of the Halberdier, and are just as costly. The added range of Grenadiers means that as a heavy unit they are awesome in combat, being more than capable of taking out most units — with one exception, that is artillery. Equally, they are also highly susceptible to attack by Skirmisher or Marksman units so use your cavalry to screen them, even as the Grenadiers can be used to screen weaker formations of Musketeers or defend heavy gun emplacements from enemy horsemen.
It is true that the name "Grenadier" was derived from the name of the vicious little bombs initially wielded by units of this apellation, which could resemble pomegranates — in Italian, granata — but in 18th century Europe, grenadiers were primarily armed with muskets (the age of intense urban warfare and protracted trench warfare had yet to arrive). Others claim that the origins of grenadiers lie not with the bombs they carried (for personal explosives existed back in the Middle Ages) but with the janissaries of Turkey, for like janissaries, they were expected to be crack shots as much as ordnance experts and crack assault footmen. The use of grenades in the pre-Industrial Modern Era were meant ot be used to blow apart or demoralise the enemy's lines, allowing for a rolling attack on his flanks as much as they were useful for clearing out buildings.
Whatever their origins, grenadiers in their day were the best or "chosen men" recruited from within the ranks of the regiment, and were often the strongest, fastest, and bravest (not to mention the tallest and most imposing) because a man did not just have to be a good lobber but courageous enough to use grenades without flinching (they were unwieldly and just as dangerous to the user just as they were to the enemy). The role of the grenadier may have been surpassed by modern technology, but the ethos of an elite force has survived to our day — beyond the baroque if not bizarre uniform and drills hailing from the 19th century, the Grenadier Guards of the British Army still continue the role of their forbears from almost four centuries ago — a crack elite infantry force for the defence of Crown and country.