Rifles, Bullets, Barrels & Ballistics . The Model 700 bolt-action's accuracy and dependability remain legendary more than 50 years since it was unveiled. [1910] and the Remington . Remington R&D masterminds engineer excellence for every passion and continue to carry the torch of innovation and reliability farther every year. Many legacy manufacturers are having a hard enough time producing products by combating the after-shock of COVID-19: lack of raw materials, sky-high demand, higher material costs, restricted workforces in certain areas of the country, etc. Big Green is offering exciting all-new products, like Core-Lokt Tipped and Peters Paper, as well as expanding load options in classic favorites like new Premier STS Low Recoil. It indicates, "Click to perform a search . Remington Making 700 Receivers Again? REMINGTON RIFLES Building on a legacy of excellence forged by Eliphalet Remington in 1816, Remington rifles have defined and defended the American way of life for more than 200 years. The main difference between Remington 700 ADL and BDL is the magazine type. Select Recent News (above) to view the press release. Remington Takes Huge Step Toward Making Guns Again Key agreement between RemArms and the United Mine Workers of America means Big Green could resume production of rifles and shotguns this month. Sierra Bullets, which bought Barnes Bullets. JJE Capital Holdings, which bought the DPMS Panther Arms, Stormlake, AAC, H&R, and Parker brands. Lonoke, Arkansas - January 17, 2022 - Remington Ammunition has announced a diverse line of new products coming in 2022. Remington 870 for Practical Shooting (IPSC, 3-Gun) - Modifications to Improve Reliabliliy, Feeding, Extraction and Ejection. The largest part of the Remington business was sold to Vista Outdoor. The Bonaparte familys dreams of Empire were not Firearms have gone a long way since they Sign up for our newsletter and receive the mighty updates! On July 28, 2020, Remington filed again for Chapter 11 bankruptcy protection, and its assets were divided up and sold to various buyers. Want to Sell Them? When will we see handguns? On July 28, 2020, it filed again for Chapter 11 bankruptcy protection. The difference between the Remington 7600 Carbine and the Remington 7600 is minimal, the only difference is the shorter barrel. The official reasons cited were declining sales and a high debt load, but it might actually be the election of President Donald Trump that was the final nail in its coffin. Remington Arms Re-opens. Later that year, he took his newly built flintlock rifle to a shooting match and impressed his competitors with his new creation. Will you be purchasing one of their firearms soon? This time for real. Marlin Centerfire Rifles Coming Later in 2021 | An Official Journal Of The NRA. 2019 Revenue: $903 million. We can do it all.. Remington faces a lawsuit over its products being used in the Sandy Hook shooting. From Guns.com: Writer | OutdoorHub.com You always remember your first. Franklin Armory, which bought the Bushmaster brand and related assets. In order to stay akin to their competition, I am sure a written, reassuring warranty will come in time. . It paid $370 million for the deal, which included assuming $252 million in Remington debt. It uses a self-compensating gas system which allows the gun . They will be judged by the guns they make, with the Model 700, Model 870, Model 1100, Model 11-87 and R1 1911 likely leading the recovery of this great name in American guns. Here is mine: If the gun has a serial number with no letter prefix, it was made between 1909 and 1919. . 2021, the New York plant resumed production under new owners Roundhill Group, which bought it in 2020. They are engineers, ballistic scientists, chemists, retired U.S. Military and law-enforcement experts, top-ranking competitive shooters, hunters and all manners of experts in the field. Each exemplifies our massive, ongoing commitment to R&D. Products being released include: More information about these new products and Big Green ammunition can be found at www.remington.com or on Remingtons e-newsletter and social media accounts. However, the local government in LaGrange offered Remington property tax abatements as well as utility and infrastructure improvements. To some of the Remington loyalists, it might be disheartening to hear that their oldertried n truefirearms will no longer be serviced under warranty, but from a pragmatic and business standpoint, it is completely understandable. Like super dead. Save my name, email, and website in this browser for the next time I comment. The number one aspect of a revitalized Remington firearms company, for consumers and producer alike, will be quality. Before leaving the competition, Remington was flooded with orders for rifles. Sturm, Ruger & Co., which purchased Marlin Firearms. Rifles manufactured after April 9, 2014 are not subject to recall. Remington Arms Company, LLC (Remington) is voluntarily recalling Remington Model 700 and Model Seven rifles which were manufactured from May 1, 2006 through April 9, 2014 and which have an X-Mark Pro (XMP) trigger. This drops the overall length of 42 5/8 to 38 1/8. The Remington rifle. You will still be able to purchase Remington guns and other products under its various brands, except that they won't be from the same company that has made them for years. Posted: May 13, 2021 / 11:41 AM EDT. America's oldest gun maker. Go. The gun manufacturer is still at the center of a lawsuit filed by families of the 2012 Sandy Hook Elementary School shooting victims. More than 7.5 million Remington 700 and other rifles with defective triggers are in the hands of gun owners. Does Remington have stock? In 1987, Remington introduced the 870 Express line. The operation includes 750,000 square feet of manufacturing space on 1,200 acres. Is Marlin making guns again? However, hundreds of people may have already lost their lives or been maimed by this defect. The people that own Palmetto State Armory bought AAC Suppressors, DPMS, Panther, and a bunch of other names. Remington was founded in 1816 by Eliphalet Remington. I'm anxious to see what happens. Woodbury said prices and availability for hunting ammo already have started to stabilize. On July 20, 2012, a mass shooting occurred inside a Century 16 movie theater in Aurora, Colorado, United States, during a midnight screening of the film The Dark Knight Rises.Dressed in tactical clothing, 24-year-old James Holmes set off tear gas grenades and shot into the audience with multiple firearms. Like Sporting Goods? Check back for upcoming details on progress, job opportunities in Georgia and more. The Remington 700 line of rifles got hit with a massive lawsuit regarding their unsafe trigger design. Lets start with the good news first. The company operates multiple brands. Latest Company & Industry Overviews News and Updates. However, purchasing guns as an investment rarely offers a quick turnaround for profit. Since then, Roundhill has pursued plans to re-open the plant . Remington Making 700 Receivers Again? Sign Up now for email offers and more news! After the March for Our Lives on Saturday, the nation was met by big news in the gun industry on Sunday when Remington filed for bankruptcy. Since then, Remington has developed firearms and ammunition for both military and civilian applications. You will still be able to purchase Remington guns and other products under its various brands, except that they wont be from the same company that has made them for years. interview with Utica, N.Y., television station WKTV. On December 20, 2012, Cerberus announced they were selling their Freedom Group brands, including DPMS, based on pressure from a California pension board. The new company cannot be held accountable for what the former did or did not do. When it comes to handguns, only the R1 series of M1911s remain, with the almost universally unpopular Remington RP, RM380, and R51 all cut from the site. Currently, Roundhill Group owns the rights to produce all Remington-related brands (DPMS, Bushmaster, Dakota Firearms, Para USA, H&R) with the exception of Marlins assets, which went to Ruger. Ammo makers and retailers see no end in sight for the rampant ammunition shortage, estimating that the supply wont rebound before summer 2021. Must Be Latvia! The local CBS TV station WKTV has the news. Before its downfall under the weight of ballooning debt, Remington was Americas oldest and largest gun maker. Ultimate Defense Handgun. Our engineers at The Rock, our world-class skunk works and engineering center, devote thousands of hours to meticulously designing, testing and building the best products in the industry. The Model 700 bolt-action's accuracy and dependability remain legendary more than 50 years since it was unveiled. M45A1 CQBP Modified M1911A1, for use by MEU(SOC) and MARSOC. He sought to build a better rifle than what was commercially available. Guest Writer | NRA Shooting Sports USA CZ's hammer coach gun will . People started buying more guns, and when people buy more guns they also buy more ammo. The good news is that it seems as though demand might have peaked. Is Remington still making guns 2022? Marlin's lever-action rifles became popular with the rising use of scopes in the last two decades of the 20th century, with their side ejection making scope mounting easier. One was the Roundhill Group LLC, which bought Remington's non-Marlin firearms business for $13 million, a deal that included two factories. The creditors included a unit of JPMorgan Chase. Ammo companies make more money per round on metallic cartridges and hunting loads than they do on target loads.. Sales increased with the. The shooter,. Ruger bought Marlin. One of the most recent versions of the Remington 870 pump shotgun. The company has made firearms for over two centuries and will resume production on March 1st. Their prices have soared and are now around $1,300-$1,500. Remington, officially known as Remington Outdoor Company, survived its 2018 bankruptcy filing. Glock 19M Adopted in February 2015 for use by MARSOC. Get Guns.com offers and news!! A comparison between the new RemArms website versus the circa June 2020 Remington Outdoors sitewhich is now owned by Vista Outdoors to feature its ammo line shows a lot of differences. Altogether, this shotgun has 21 rounds: 6 in the . For anyone who loves repeaters especially, Marlin rifles are an excellent choice, especially if youre looking for something still made in the U.S.A., as they own facilities in both New York and Kentucky. With nearly 200 years of history, Remington doesnt just build firearms: we look to our past, assess the present and forecast the future. Remington Firearms to Locate Global Headquarters, Open New Advanced Manufacturing Facility, World-class Research and Development Center in LaGrange. What shotguns are made in the USA? Altogether, the auction process raised over $150. People may receive compensation for some links to products and services on this website. A reintroduction of both of these categories is planned for the future. Remington was the company's immediate corporate parent. We always appreciate your feedback. Generally speaking, firearms will lose some of their value over time. This versatile, no-nonsense shotgun can be used for hunting upland game, ducks, and deer, as well as a home defense shotgun and informal clay pigeon shooting. Remington Firearms and Ammunition are now separate new companies. According to RemArms, they should be viewed as a new company like atrue start-up with the similar buzz of excitement, ambition, and ongoing activities that you would imagine coming from something entirely new. Following the companies revival, Remington brought back over 200 workers at its Ilion facility who had been laid off. Get Guns.com offers and news!! TimesMojo is a social question-and-answer website where you can get all the answers to your questions. Bankrupt gunmaker Remington has been parted out and sold. In a 90-second update posted to social media on Monday, RemArms CEO Ken D'Arcy, stressed to "current and future" customers that the new company with the familiar product line is "designing, building, and shipping Remington firearms to our dealers and customers across the country.". Marlin's lever-action rifles became popular with the rising. Richard, being a rifle guy, laid out what he thought the Remington gun people should do to be . When the smoke cleared, the old company's historic New York factory along with a Tennessee-based pistol barrel plant was acquired by D'Arcy Roundhill Group for $13 million. Remington 7600 Carbine. HK G3s, G36s, and M4s in the Same Stack? Besides the namesake Remington guns, the company also produced guns, gun parts, and ammunition under brands like Marlin, Bushmaster, and Bushmaster. Firefighter/EMS Remington began production at the Lonoke facility in 1969. BY David Lane , Published September 29, 2020 74 Comments Trending: Best Ammo In Stock, Best AR-15, & Best 9mm Pistols In case you missed it, Remington is dead. Meanwhile, other elements of the former Remington Outdoors are nearing a return to the market as well. Remingtons products include rifles, shotguns, and ammunition. You should consider the Desert Tactical. Terms and Conditions and Privacy Policy. Before its downfall under the weight of. Instagram: strength_in_arms, Remington Ammunition, Under New Ownership, Launches New Website, A NEW HOPE: Remington 870 Shotguns Begin Production March 1st, BREAKING: Roundhill Group LLC Purchases Remington Firearms, A HOUSE DIVIDED: Remington Asset Bids Come to Light. Private equity firm Cerberus Capital Management acquired Remington in 2007. Remington is auctioning its assets and going out of business because it needs to raise money to pay its creditors. Your email address will not be published. Marlin Firearms was previously owned by Remington Outdoor Company, which went bankrupt and was fully liquidated in September 2020. Roundhill Group was one of seven buyers in Remingtons bankruptcy sale. However, with news of an agreement worked out with the United Mine Workers, it looks like Remington may be making firearms in their Ilion, New York, factory again very soon. The firearms side of Remington was officially named RemArms. They also wanted to note to their partners dealers, distributors, and potential customers that they will bea much smaller company than the previous Remington Outdoor Company; and as a result, will have different capabilities (both positive, and for the interim, negative in some aspects). Need Help?service@guns.comCall (866)582-4867, PO Box 1131 13800 Nicollet Blvd Burnsville, MN 55337 2023Guns.com. Big Green is offering exciting all-new products, like Core-Lokt Tipped and Peters Paper, as well as expanding load options in classic favorites like new Premier STS Low Recoil. Need Help?service@guns.comCall (866)582-4867, PO Box 1131 13800 Nicollet Blvd Burnsville, MN 55337 2023Guns.com. The History of Remington Firearms follows the rise of the company from Eliphalet Remington's first handmade gun in 1816 to the dominance of the Remington factories during the early industrial era. Shotgun and shotgun-shell using firearms such as the venerable Model 870 pump, Versa Max, V3, and Model 1100 semi-autos; as well as the TAC-14 series shorty, are also listed. Indeed, the Marlin Model 336 ranks up there with other iconic guns like the Winchester Model 1894, the Winchester Model 70 and the Remington Model 700. Remington, which was founded in 1816, introduced this gun in 1950 - and it was an instant success. In 2013, Remington won the US Army and USSOCOM Precision Sniper Rifle competition with its Modular Sniper Rifle. A quick update from the CEO on the current state and future of Remington firearms. , Remington Outdoor. However, when they reach antique status, the price will climb again. Banner photo: Remington 870 in the Guns.com Vault. No, Remington is a private company, so its stock isnt listed on either the NYSE or Nasdaq exchange. Guest Writer | Boyds Gunstocks Blog by John Magsam | May 27, 2021 at 1:54 a.m. Vista Outdoor, the new parent of Remington Ammunition with its factory in Lonoke, said surging ammo demand seen during the covid-19 pandemic is different and more sustainable than in years past. We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoors men and women both here in the USA and abroad. They've been at it for over two centuries. Twelve people were killed and 70 others were injured, 58 of them from gunfire. At any time, this trigger malfunction could kill and injure owners and others. Franklin Armory bought the Bushmaster brand. In May 2021, Times Telegram reported that the Illion plant had hired back 230 workers, with plans for starting production with the Model 870 shotgun line. Remington bought Marlin in 2007. Exceptions are those in new condition, with box and paperwork. What was left of Remingtons firearms business, a rifle/shotgun factory in New York and another one in Tennessee that make handguns, went to an outfit that is now calling themselves RemArms and, fighting labor issues, is back to work making a much smaller catalog of the old Remingtons classics like the Model 700 rifle, 870 shotgun, and their variant of the M1911 the R1. Copyright 2023 Market Realist. The company also announced the opening of a new manufacturing facility alongside the headquarters in Georgia. With all that laid out, what do you think? In 1888, the first of many acquisitions of the company took place and the company was renamed Remington Arms, Co. That changed again in 1918 to Remington UMC (Union Metallic Cartridge). Filing for bankruptcy again in 2020 took the company down. Introducing the new Remington Model 870 Fieldmaster Synthetic. Franklin Armory bought the albatross that is Bushmaster. In mid-October, Minnesota-based Vista Outdoor Inc.. This gun is not in the class of the fit and finish of those guns, but again, it does work. Terms and Conditions and Privacy Policy. During the bankruptcy auction in September 2020, Remington Outdoor Company was sold in parts. Many people think that the company's downfall has more to do with management problems than issues in the firearm business. Investment company Roundhill Group spent $13 million for the original Remington plant in Ilion, its museum, and steam power facility. . It was after the Dec. 2012 shooting at Sandy Hook Elementary School that then Remington owner Cerberus Capital Management decided to sell off its holdings in the gun manufacturer. Barrett offers these rifles or variants of them in everything from 6.5 Creedmoor, 300 Win Mag, 300 Norma, through the big 338 Lapua, and 416 Barrett.It is chambered for the 375 Cheytac cartridge. Current centerfire rifle offerings from the company are four variants of the Model 783, 17 of the Model 700, and five of the Model Seven all bolt-action hunting and precision shooting rifles. Smith & Wesson Certified Armorer What is happening to Remington Arms? Still in use by Recon Battalions and Security and Emergency Services Battalions. Remington modern rifles lead the way in accuracy and reliability, while our classic muzzle loaders deliver timeless lines and precision of the highest level. Why Do Cross Country Runners Have Skinny Legs? Glock Certified Armorer document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copy Right Text | Why did Remington fail? 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! The bill, put forward in the House last Friday by Rep. Barry Moore (R-Ala.), more specifically seeks to declare that an "AR-15 style rifle chambered in a .223 Remington round or a 5.56x45mm NATO . The Remington Arms business and the non-Marlin firearms business was sold to Roundhill Group LLC. 2021, the New York plant resumed production under new owners Roundhill Group, which bought it in 2020. As always, let us know all of your thoughts in the Comments below! 1 of 3 Go to page . Remington shotgun prices are unaffected, with prices holding steady and maybe even slightly declining. By signing up you agree to Guns.com's Model 783s and 1911S are ABSENT for the time being. Gun stores got sick of shipping guns back and surely tired of customer complaints. Remington Ammunitions new products feature advancements in manufacturing and technology that meet the needs of every hunter and shooter. As a consequence of Remingtons July 2020 bankruptcy, the Marlin business was sold to Ruger for $30 million. When will shotguns be available (readily available) in stores and online? Back in October 2020, Vista Outdoor (which owns top ammo brands like Federal Premium, CCI, and Speer) bought Remington ammunition and the Remington brand rights out of bankruptcy. "The launch of our new products for 2022 will help usher Remington into a new era," said Joel Hodgdon, Director of Marketing for Remington Ammunition. All Rights Reserved. Bryce M. Towsley. For additional announcement information, please contact press@remarms.com. "Remington has established a legacy for quality, innovation, and customer service, said D'Arcy. Remington Outdoor Company filed bankruptcy in mid 2020, and as of right now Remington firearms are not being produced. The 11-87 Sportsman Compact is a rugged workhorse, making it an extremely useful firearm for young people looking for their first gun or experienced shooters of smaller stature. It's a site that collects all the most frequently asked questions and answers, so you don't have to spend hours on searching anywhere else. Marlin 1894 carbines, the front rifle is chambered in .357 Mag. 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. Loaded to the same chamber pressure of 65,000 psi as the 454 Casull, the 460 Smith & Wesson is the most powerful revolver cartridge in the world. Your first kiss, first deer, first love, and your first gun. The Roundhill Group has secured a federal firearms license and has plans to re-start production next month at the Illion, New York facility. Some 585 employees of the plant were sent home when it closed on Oct. 26, 2020. Remington Arms Company is one of the countrys oldest gun manufacturers and claims to run the oldest factory in the US that still makes its original product. The shuttering of its ammunition factories contributed in part to this years ammunition shortage. They are an investment, and they are a far better one than many other items you may already purchase with the same mindset. Investment company Roundhill Group acquired the historic Remington brand of guns, for $13 million. After Remington emerged from its 2018 bankruptcy, Cerberus lost control of the business to a group of Remington creditors. However, Ruger will relocate Marlin products manufacturing to its own facilities from Remington factories. While the value of a gun may depreciate over time, it doesnt lose as much value as goods in other industries. Shut down in the aftermath of Remington Outdoors' federal bankruptcy filing and resulting auction last September, the New York factory along with a Tennessee-based pistol barrel plant was acquired by Roundhill Group for $13 million. The future of the semi-auto shotgun for RemArms lies in the V3 and VersaMax platforms. In one fell swoop, the COVID-19 outbreak and the restrictions that came with it put the brakes on a roaring US economy. Image result for are remington guns still being made. The Model 11 was a licensed version of the Browning Auto 5. . Remington was founded in 1816 by Eliphalet Remington. Hog Hammer. Lonoke, Arkansas January 17, 2022 Remington Ammunition has announced a diverse line of new products coming in 2022. The company emerged from bankruptcy within two months,. The shotgun is still one of the most versitile tools in the firearms toolbox. Gun maker Remington Outdoor will be broken up and sold after a multiday bankruptcy auction, in which seven different buyers won the bidding for parcels of the companys weapons and ammunition holdings. The P226 MK25 is identical to the pistol carried by the U.S. Navy SEALs, the fleets special warfare operators. Remington made shotguns, rifles, and ammunition under several brands. Guest Writer | Sierra Bullets Blog The comments came during an online investor conference Wednesday morning. More than anything we want to make Remington a household name that is spoken with pride, Roundhill Group spokesperson Jeff Edwards said in a press release about the purchase. For Ammunition, please contact www.remington.com/contactus for Ammunition Product Services. Building on a legacy of excellence forged by Eliphalet Remington in 1816, Remington rifles have defined and defended the American way of life for more than 200 years. However, Cerberus held onto the firearms company until 2018 when it filed for Chapter 11 bankruptcy. The Model 336 is in such widespread use for good reason: its a reasonably priced, powerful, accurate, reliable, easy-to-use, utilitarian rifle. The Rock, by Remington. RemArms in its current form sprang from Remington Outdoors' federal bankruptcy filing and resulting auction last September. FOR FIREARMS RELATED QUESTIONS, INCLUDING PARTS AND REPAIRS, PLEASE VISIT. 2019 Revenue: $399.6 million. Not only is it a very high-pressure cartridge; its also extremely efficient. However, with news of an agreement worked out with the United Mine Workers, it looks like Remington may be making firearms in their Ilion, New York, factory again very soon. Offers may be subject to change without notice. And with the VersaPort gas-operated system, the unstoppable Versa Max and the new V3 continue to take the shotgun world by storm. And in each line youll find more offerings every year. Together, they continue to revolutionize every facet of firearm and ammunition performance. Copyright 2023 Market Realist. Remington shotgun prices are unaffected, with prices holding steady and maybe even slightly declining. Remington Firearms to Locate Global Headquarters. After years of setbacks under Remington, expect to see new Marlin rifles later this year. The new company will . Detailed List of the 13 Largest Gun Brands, 2022 - 2023 Times Mojo - All Rights Reserved All Rights Reserved. These buyers will continue to make Remington guns. Stay in the know. The company also announced the opening of a new manufacturing facility alongside the headquarters in Georgia. 2019 Revenue: $865.1 million. The Remington Model 870 shotgun replaced Big Green's well-liked Model 31 some seven decades ago and was in steady factory production up until last year, with over 11 million models delivered to. Everyone involved in this process has shown how important business is to the state and how welcoming they are to all business, including the firearms industry.. The historic Remington flagship factory in Ilion, New York, is back up and running this week, as employees who have been laid off since last year returned and reportedly began work on new shotguns. Is Remingtons downfall the end of its guns? We now know some additional details. RemArms Model 700 5-R Stainless Threaded Barrel in .223 Rem, .308 Win, or .300 Win Mag. The auction is the culmination of Remingtons second bankruptcy of recent years. It is the first step toward reestablishing a normal relationship between the union and the operators of that plant, one that will allow the professional craftspeople who have built firearms in Ilion to return to doing what they do better than anyone.. The iconic companys expanding product line drives home the growth and momentum that continues to compound for Remington. Our legendary Model 700® action combined with a heavy 5R target barrel, Introducing the new Remington Model 870 Fieldmaster. It was after the Dec. 2012 shooting at Sandy Hook Elementary School that then Remington owner Cerberus Capital Management decided to sell off its holdings in the gun manufacturer. Design & develop by AmpleThemes, The New, Smaller Rem-Arms (Formerly Remington) Says They Are Making Guns Again. This was the first quarter where Vista began to produce ammunition through the Arkansas factory that it purchased from Remington Outdoor Company for $81 million in October 2020 after Remington. In summary, ammo is divided into two categories which are the hunting and defense ammo. The great ammo shortage that began last year isnt going to end anytime soon, and according to market research conducted by Southwick Associates shortages of ammunition will continue throughout the rest of 2021. See where Marlin, DPMS, Bushmaster, Tapco, and more ended up. When the smoke cleared, the old company's historic New York factory. However, in 2018, SOCOM announced that the MSR did not conform to its requirements at the time and the program was re-competed. For over $81 million, Vista got Remingtons ammunitions plant in Arkansas and the rights to use the Remington name and trademarks. Gone are all semi-auto and pump-action rifles. Founded as a rifle-barrel-manufacturing firm in 1816 by Eliphalet Remington IIwhose father operated a forge at Illion Gultch, New Yorkthe company that would become E. Remington & Sons in 1865 (and later Remington U.M.C. Check back for upcoming details on progress, job opportunities in Georgia and more. G Force Arms Poncho Coach Gun 12GA NEW .02-Nov-2022 . So on and so on. But Ill tell you this, very soon well be making record levels of ammo. About half of the 585 unionized workers in the Empire State, laid off in the meantime, returned to the factory under the new company in May. The idea this legislation will curtail crime is absurd, he said in a statement to WKTV. Of its ammunition factories contributed in part to this years ammunition shortage, estimating that the did... The V3 and VersaMax platforms to revolutionize every facet of firearm and ammunition performance those,. He sought to build a better rifle than what was commercially available Remingtons July 2020 bankruptcy, Cerberus control... On March 1st, said D'Arcy of the semi-auto shotgun for RemArms in! Manufacturing space on 1,200 acres Oct. 26, 2020, it doesnt lose as much value as in... In stores and online value of a new manufacturing facility alongside the headquarters in Georgia good is. Were sent home when it closed on Oct. 26, 2020, and they are Making again!, Introducing the new company can not be held accountable for what the former did or did not conform its... The current State and future of Remington firearms company until 2018 when it closed on Oct. 26,.! 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