Ilion, N.Y. — The Remington Arms factory in the Herkimer County village of Ilion has reopened, eight months after its previous owner closed the plant and laid off more than 700 workers. Roundhill has said it hopes to hire back hundreds more workers as it ramps up firearms production in Ilion.
Is Remington Arms in Ilion NY closing?
ILION (TNS) — The Remington Arms factory in the Herkimer County village of Ilion has reopened, eight months after its previous owner closed the plant and laid off more than 700 workers. Remington’s previous owner filed for reorganization under Chapter 11 of U.S. Bankruptcy Code last year after suffering falling sales.
What happened to Remington Arms Company?
An investment company called The Roundhill Group LLC purchased the Remington firearms factories last fall for $13 million. The deal included Remington’s main factory in Ilion, New York, and its handgun barrel factory in Lenoir City, Tennessee.
When will Remington Arms reopen?
Remington On Track to Re-Open as Early as March 1, 2021. Remington could have firearms in production in just a couple of weeks. ( Photo: Remington) The company that purchased Remington late last year is getting ready to re-open and re-launch as early as March 1, 2021 — in a couple of weeks!
Does Remington still make firearms?
Remington has sold its businesses in parts amid the 2020 bankruptcy. Therefore, the Remington brand and assets will now be owned by different companies including Ruger, Vista, Roundhill Group, Sierra Bullets, JJE Capital Holdings, and Franklin Armory. These buyers will continue to make Remington guns.
Who owns Remington Arms?
Remington Arms Company, Inc. is owned by the Freedom Group and is headquartered in Madison, North Carolina. Remington Arms is the only major United States manufacturer of both firearms and ammunition products.
Is Remington making guns?
Remington made shotguns, rifles, and ammunition under several brands. Besides the namesake Remington guns, the company also produced guns, gun parts, and ammunition under brands like Marlin, Bushmaster, and Bushmaster.
