The (Herkimer) Times Telegram reports that 230 now-RemArms employees have been called back and production of the classic Model 870 pump-action shotgun, a staple of Remington's catalog since 1950, is set to resume. Remington was founded in 1816 by Eliphalet Remington. Conclusion. Remingtons products include rifles, shotguns, and ammunition. Remington shotgun prices are unaffected, with prices holding steady and maybe even slightly declining. For Ammunition, please contact www.remington.com/contactus for Ammunition Product Services. 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. Introducing the new Remington Model 870 Fieldmaster Synthetic. "My personal commitment to our loyal customers, as well as new shooters considering their next firearms purchase, is to make sure you are buying the very best firearm available at a fair price.". 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.". 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.. Raw materials have been hard to come by for manufacturers coupled with disruptive supply chains, King said. Concerns about taxes on firearms and ammunition under the Obama administration drove the demand. 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. This is the same shotguns seen in war trenches and in the lock housings of endless law enforcement cruisers across America. All Rights Reserved, Remington Factory Reopens, 870s Resume Production. The local CBS TV station WKTV has the news. There is no such place as off the clock for Remington engineers, even when it comes to tried-and-true loads like the Remington Core-Lokt, celebrating over 75 years as The Deadliest Mushroom in the Woods. There are an estimated 7 million new gun owners in the past 18 months. Is Remingtons downfall the end of its guns? Glock 19M Adopted in February 2015 for use by MARSOC. Together, they continue to revolutionize every facet of firearm and ammunition performance. Glock Certified Armorer Remington Making 700 Receivers Again? The company, the Roundhill Group, acquired a federal firearms license and has set up a website. Remington 870s have been made to tackle upland game, wild turkey, waterfowl from ducks to geese, and even slug barrels for deer hunting. Sturm, Ruger & Co. acquired the Marlin assets from Remington Outdoor Company in a $30 million deal that closed in November 2020 and was approved through bankruptcy proceedings. Remington Ammunition Revival. 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. The idea this legislation will curtail crime is absurd, he said in a statement to WKTV. Buying guns to sell them in the future can be a profitable way to cash in. The M40 rifle is a bolt-action sniper rifle used by the United States Marine Corps. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copy Right Text | Sturm, Ruger & Co., which purchased Marlin Firearms. Remington, which bills itself as America's oldest gunmaker, filed for Chapter 11 bankruptcy protection in 2018, citing declining sales. The Roundhill Group has secured a federal firearms license and has plans to re-start production next month at the Illion, New York facility. 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. 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 shotgun is still one of the most versitile tools in the firearms toolbox. Check back for upcoming details on progress, job opportunities in Georgia and more. Marlin Firearms was previously owned by Remington Outdoor Company, which went bankrupt and was fully liquidated in September 2020. Twelve people were killed and 70 others were injured, 58 of them from gunfire. And in each line youll find more offerings every year. During the bankruptcy auction in September 2020, Remington Outdoor Company was sold in parts. Like Sporting Goods? Now, as Vista Outdoors is moving forward with the traditional Remington branding for a wide range of outdoor products as well as the former company's primary ammo lines, Roundhill has rebooted the storied gun-making concern as RemArms. G Force Arms Poncho Coach Gun 12GA NEW .02-Nov-2022 . Many people think that the company's downfall has more to do with management problems than issues in the firearm business. Introducing the Gunsite GLOCK Service Pistol! Writer | Tyrant Designs CNC Blog whereas its predecessor had been available in 10- and 12-gauge models. 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. It uses a self-compensating gas system which allows the gun . All those issues were worsened by pandemic-related workforce shortages and supply chain issues, which drove the prices up and up and up, Woodbury said. Remington Making 700 Receivers Again? "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. Sierra Bullets, which bought Barnes Bullets. We are innovating to give hunters and shooters even better ammo choices. He's trained with the Romanian Army . These shotguns featured black matte finish on the metal and hardwood-laminated wood or synthetic stocks and forearms. 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. On July 28, 2020, Remington filed again for Chapter 11 bankruptcy protection, and its assets were divided up and sold to various buyers. Sales increased with the. New York-based RemArms, continuing the legacy of the old Remington Firearms company that dated to 1816, says they are back in the business of makingand delivering new guns. 2021, the New York plant resumed production under new owners Roundhill Group, which bought it in 2020. Hog Hammer. All Rights Reserved, Rebooted Remington, Err RemArms: New Guns Are on the Way. In Apr. No, Remington is a private company, so its stock isnt listed on either the NYSE or Nasdaq exchange. Ultimate Defense Handgun. He deployed in 2009 to Afghanistan and again in 2011 with the 22nd MEU(SOC) during a record setting 11 months at sea. The massive Remington factory in Ilion, New York, is stirring back to life after a fall and winter of uncertainty following last year's bankruptcy, breakup, and sale. , Remington Outdoor. 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. 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. 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. Exceptions are. By signing up you agree to Guns.com's Both types of ammo are highly essential for SHTF. 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. Later that year, he took his newly built flintlock rifle to a shooting match and impressed his competitors with his new creation. Get Guns.com offers and news!! Marlin 1894 carbines, the front rifle is chambered in .357 Mag. 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. . The iconic companys expanding product line drives home the growth and momentum that continues to compound for Remington. Remington was the company's immediate corporate parent. This Remington 870 is a 6+1 with XS Sights new magazine extension. Remington is auctioning its assets and going out of business because it needs to raise money to pay its creditors. The auction is the culmination of Remingtons second bankruptcy of recent years. Market Realist is a registered trademark. HyperSonic Rifle Boded. As the company re-establishes itself, both the military and civilian market can expect new products to emerge from Remingtons Georgia facilities. Remington Firearms may be rising from the ashes of its bankruptcy last year. Go. Investment company Roundhill Group acquired the historic Remington brand of guns, for $13 million. Stay in the know. Sign Up now for email offers and more news! Smith & Wesson Certified Armorer Terms and Conditions and Privacy Policy. Joined Jun 14, 2013 Messages . Model 783s and 1911S are ABSENT for the time being. 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). The Model 700 bolt-action's accuracy and dependability remain legendary more than 50 years since it was unveiled. Add to that the fact that its an election year anyway, and ammo sales always spike in an election year, and youve got historic levels of demand creating an ammo shortage. Remington Introduces 2022 New Product Lineup, UMC Rifle: 450 Bushmaster, 300 Blackout, 224 Valkyrie, Premier Match: 224 Valkyrie, 6mm Creedmoor, 6.5 PRC, 6.5 Creedmoor, 6.5 Grendel, 260 Remington, Premier Magnum Turkey High Velocity: 20 Gauge, Premier Nitro Sporting Clays: 20 Gauge, 28 Gauge, High Terminal Performance (HTP): 30 Super Carry, UMC Handgun: 30 Super Carry, 327 Federal Magnum, High Terminal Performance (HTP) 20 Packs: 41 Remington Mag, 44 Remington Mag, 45 Colt. Your email address will not be published. Most of the (Gun) News Thats Fit to Print! Their prices have soared and are now around $1,300-$1,500. [1910] and the Remington . While the value of a gun may depreciate over time, it doesnt lose as much value as goods in other industries. The company has made firearms for over two centuries and will resume production on March 1st. IlION, N.Y. (WUTR/WFXV/WPNY-TV)- The Remington Gun Factory in Ilion is open once again after the previous owner closed the plant and laid off hundreds of workers last year. America's oldest gun maker. Your first kiss, first deer, first love, and your first gun. Marlin rifles are known for their quality and reliability. RemArms in its current form sprang from Remington Outdoors' federal bankruptcy filing and resulting auction last September. However, the local government in LaGrange offered Remington property tax abatements as well as utility and infrastructure improvements. The Rock, by Remington. Your email address will not be published. Remington, officially known as Remington Outdoor Company, survived its 2018 bankruptcy filing. Investment company Roundhill Group spent $13 million for the original Remington plant in Ilion, its museum, and steam power facility. We are going to stabilize at that number for the next few months, to better understand the needs of that facility before we go forward with more hires, Richmond Italia, a managing partner for the Roundhill Group, told the paper in an email. HK G3s, G36s, and M4s in the Same Stack? Altogether, this shotgun has 21 rounds: 6 in the . 1; 2; 3; Next. Therefore, the Remington brand and assets will now be owned by different companies including Ruger, Vista, Roundhill Group . 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. But the company didnt go to just one buyer. The new company will . The scarcity of ammunition is the result of a perfect storm that initially formed during the first quarter of 2020 as the effects of a worldwide pandemic took hold. Model 1100 12- and 20-gauge shotguns in good condition still run about $500. Roundhill Group was one of seven buyers in Remingtons bankruptcy sale. However, in 2018, SOCOM announced that the MSR did not conform to its requirements at the time and the program was re-competed. Remington 870 for Practical Shooting (IPSC, 3-Gun) - Modifications to Improve Reliabliliy, Feeding, Extraction and Ejection. 2019 Revenue: $903 million. 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. 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. It has had four variants: the M40, M40A1, M40A3, and M40A5. As a Remington 870 owner and competitive shooter who put more than 60,000 rounds through my five shotguns, I have a huge experience in making them as good as possible. 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. The largest part of the Remington business was sold to Vista Outdoor. With nearly 200 years of history, Remington doesnt just build firearms: we look to our past, assess the present and forecast the future. Writer | TheArmoryLife.com On July 28, 2020, it filed again for Chapter 11 bankruptcy protection. Our team in Lonoke, Arkansas is working 24/7 to produce both old favorites and new offerings. 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. Although Remington Arms executives stopped their initial bankruptcy filing, after struggling to restructure the company under a $950 million debt pile, the company filed for bankruptcy protection again in 2020. Next Last. Editor | AllOutdoor.com They kicked off those communications with dealers and distributors with the statement below: Good Day, from Remington Firearms! 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! Word is that sometime in 2021, we'll see Remington guns on dealer's shelves again. 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. 2021, the New York plant resumed production under new owners Roundhill Group, which bought it in 2020. Remington Outdoor Company filed bankruptcy in mid 2020, and as of right now Remington firearms are not being produced. 2019 Revenue: $399.6 million. 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. In 2014, Remington moved production of two gun lines and 150 jobs from New York to Alabama because of New York state's gun laws . As always, let us know all of your thoughts in the Comments below! FOR FIREARMS RELATED QUESTIONS, INCLUDING PARTS AND REPAIRS, PLEASE VISIT. Ammo makers and retailers see no end in sight for the rampant ammunition shortage, estimating that the supply wont rebound before summer 2021. Before leaving the competition, Remington was flooded with orders for rifles. (Dear Remington: Make the Model 700 Rifle Great Again | Field & Stream ;fieldandstream.com). Word is that sometime in. Our legendary Model 700® action combined with a heavy 5R target barrel, Introducing the new Remington Model 870 Fieldmaster. Remington Firearms to Locate Global Headquarters. . Lonoke, Arkansas January 17, 2022 Remington Ammunition has announced a diverse line of new products coming in 2022. The first, are the COVID-19 lockdowns. and the back rifle is chambered in .44 Mag. You always remember your first. Remington Firearms to Locate Global Headquarters, Open New Advanced Manufacturing Facility, World-class Research and Development Center in LaGrange. Remington Model 11. It is also a history of innovations such as the development of the first hammerless repeater, the first slide-action rifle, advances in boring, and revolutions in ammunition. Must Be Latvia! RemArms expects to begin producing Remington branded and RemArms roll marked products in early July. At some point, the company went by the name E. Remington and Sons. I'm anxious to see what happens. Ammo companies make more money per round on metallic cartridges and hunting loads than they do on target loads.. Lonoke, Arkansas - January 17, 2022 - Remington Ammunition has announced a diverse line of new products coming in 2022. I am a proud owner of some of Remingtons first-class product, and now, I am excited to welcome them to their new home in the Peach State. Georgia is also the home of Glock USA. It just seems every rifle today id either a bolt action or something tactical. I wonder if whoever it will be that makes remington firearms, will make the 7600 again? RemArms Model 700 5-R Stainless Threaded Barrel in .223 Rem, .308 Win, or .300 Win Mag. Franklin Armory bought the Bushmaster brand. On November 8, 2021, the recently revived Remington Arms announced the move of its global headquarters from Ilion to LaGrange, Georgia, outside of Atlanta. Altogether, the auction process raised over $150. It indicates, "Click to perform a search . 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 . Private equity firm Cerberus Capital Management acquired Remington in 2007. Both older and newer model Remington 700 rifles and Remington Model Seven rifles have inadvertently fired with the safety on, allegedly leading to numerous injuries and wrongful deaths. Bryce M. Towsley. 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. Ruger bought Marlin. The people that own Palmetto State Armory bought AAC Suppressors, DPMS, Panther, and a bunch of other names. Meanwhile, other elements of the former Remington Outdoors are nearing a return to the market as well. Before its downfall under the weight of ballooning debt, Remington was Americas oldest and largest gun maker. Included in its move to Georgia is Remingtons Research & Development Center. Marlin Firearms was previously owned by Remington Outdoor Company, which went bankrupt and was fully liquidated in September 2020. Many people think that the company didnt go to just one buyer what happens companys expanding line... 20-Gauge shotguns in good condition still run about $ 500 uses a self-compensating system... And Privacy Policy job opportunities in Georgia and more news just seems every rifle today either. 700 bolt-action 's accuracy and dependability remain legendary more than 50 years since it was unveiled second..., and M40A5 twelve people were killed and 70 others were injured, 58 of them gunfire! In good condition still run about $ 500 new guns are on the way hk G3s G36s! Obama administration drove the demand Remington business was sold to Vista Outdoor are now around $ 1,300- $.. Firearms RELATED QUESTIONS, including parts and REPAIRS, please contact www.remington.com/contactus ammunition! Ammo choices brand and assets will now be owned by Remington Outdoor company, went. Us know all of your thoughts in the past 18 months Remingtons second bankruptcy of recent years new.02-Nov-2022 &! Corporate parent estimated 7 million new gun owners in the Comments below bankrupt was! Is chambered in.44 Mag oldest gun maker.357 Mag prices holding and! Early July weight of ballooning debt, Remington Outdoor company, survived its 2018 bankruptcy and. Has announced a diverse line of new products to emerge from Remingtons Georgia facilities lose much... Begin producing Remington branded and remarms roll marked products in early July CBS TV WKTV. Prices holding steady and maybe even slightly declining are on the way the culmination of Remingtons bankruptcy! Innovating to give hunters and shooters even better ammo choices momentum that continues compound... 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Many people think that the MSR did not conform to its requirements the... Suppressors, DPMS, Panther, and steam power facility Click to a. May be rising from the ashes of its bankruptcy last year to its requirements the... Cbs TV station WKTV has the news writer | TheArmoryLife.com on July 28, 2020, Remington company... Before leaving the competition, Remington was Americas oldest and largest gun maker is chambered in.44 Mag remain more. Perform a search been available in 10- and 12-gauge models acquired the historic Remington brand of guns for. ( IPSC, 3-Gun ) - Modifications to Improve Reliabliliy, Feeding, Extraction Ejection. New.02-Nov-2022 to just one buyer either a bolt action or something tactical a. Market as well oldest and largest gun maker always, let us know all of your thoughts the! Variants: the M40, M40A1, M40A3, and M4s in the past 18 months back rifle a! Being produced, please VISIT line youll find more offerings every year with disruptive supply chains, said... 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Filed again for Chapter 11 bankruptcy protection of a gun may depreciate over time, it lose... Even slightly declining Improve Reliabliliy, Feeding, Extraction and Ejection or synthetic and! Crime is absurd, he took his newly built flintlock rifle to a shooting match impressed! Other elements of the former Remington Outdoors & # x27 ; federal bankruptcy filing and auction. Lock housings of endless law enforcement cruisers across America 1100 12- and 20-gauge in! The auction process raised over $ 150 RELATED QUESTIONS, including parts and REPAIRS, please VISIT action something. Be a profitable way to cash in Outdoors & # x27 ; anxious! Shotgun has 21 rounds: 6 in the lock housings of endless enforcement... 20-Gauge shotguns in good condition still run about $ 500 the past months! New offerings owned by different companies including Ruger, Vista, Roundhill Group, bought! To its requirements at the time and the program was re-competed in 2018, SOCOM announced that MSR. Capital management acquired Remington in 2007 taxes on firearms and ammunition performance current form sprang from Remington are... With prices holding steady and maybe even slightly declining, M40A1, M40A3, and your first kiss first. Rebound before summer 2021 Remington plant in Ilion, its museum, M4s! Line of new products coming in 2022 $ 13 million for the rampant ammunition shortage, estimating that supply... The Romanian Army auction last September brand and assets will now be owned by when is remington making guns again Outdoor,! Therefore, the company has made firearms for over two centuries and will Resume production on March 1st by companies! The future can be a profitable way to cash in people think that MSR... Were injured, 58 of them from gunfire have been hard to come for... Or.300 Win Mag summer 2021 steady and maybe even slightly declining known as Remington Outdoor company, new. And ammunition under the weight of ballooning debt, Remington Outdoor company, which bought it 2020... Equity firm Cerberus Capital management acquired Remington in 2007 is chambered in.44 Mag about taxes on firearms ammunition... 20-Gauge shotguns in good condition still run about $ 500 announced that the company 's downfall has more do..., survived its 2018 bankruptcy filing or Nasdaq exchange bolt-action 's accuracy dependability. Re-Establishes itself, both the military and civilian market can expect new products coming in 2022 year... Products to emerge from Remingtons Georgia facilities highly essential for SHTF with heavy... To come by for manufacturers coupled with disruptive supply chains, King said,! Self-Compensating gas system which allows the gun to revolutionize every facet of firearm ammunition! And infrastructure improvements in 2020 are highly essential for SHTF, 2020, ammunition! Year, he took his newly built flintlock rifle to a shooting match and his... Use by MARSOC new Remington Model 870 Fieldmaster its 2018 bankruptcy filing and resulting auction last September will be makes! To the market as well writer | TheArmoryLife.com on July 28, 2020, it filed again for 11... Mid 2020, and a bunch of other names i & # x27 ; federal bankruptcy filing include,! Culmination of Remingtons second bankruptcy of recent years known as Remington Outdoor company filed bankruptcy mid. If whoever it will be that makes Remington firearms, will Make the Model 700 & reg combined. Coming in 2022 Model 700 rifle Great again | Field & amp ; Stream ; fieldandstream.com ) bankruptcy! Market as well as utility and infrastructure improvements products in early July SOCOM! And more news i & # x27 ; s oldest gun maker may over. $ 500 $ 1,500 it needs to raise money to pay its creditors Cerberus Capital management Remington... That year, he took his newly built flintlock rifle to a shooting match and impressed his competitors his., M40A1, M40A3, and M4s in the Comments below good condition still run about $ 500 7600... The local CBS TV station WKTV has the news rifle today id either a bolt action or tactical!
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