Only time will tell. Our Team Will Hershey, CFA A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. I am curious to see how things play out. We are all with you sir. To ensure that valuable tech wont be handed over to Ford. We still dont know too much about this group so I am anxious to see that comes out about them in the following days and weeks in the run-up to the SHOT Show. Recent work: ***bpas*** place 200+/- yard of fill for the construction of a single family residence with appurtenant structures - and construct a 3 story single family 2736sf living and 291sf storage 4 bed/3 bathroom. Current companys status is Permanently Revoked. Maybe Franklin bought them for the name, maybe they got some manufacturing bits out of it, were not sure yet. But the old, failed Remington had one more kick in the pants for our members. Remington hasnt said what its drive to throw its assets on the bankruptcy auction block would mean for the Sandy Hook lawsuit or for company retirees who crowded into a session with bankruptcy administrators, asking what would become of their benefits. Remington ammo like their UMC line is about the only Remington product Ive bought in the last 10 years. Analysts' consensus recommendation: 1.34 (Strong Buy) Microsoft ( MSFT, $280.32) should be a no-brainer when it comes to the best metaverse stocks. Reading up about them, I'm surprised they even entered this cat fight. More than anything we want to make Remington a household name that is spoken with pride.. Perhaps evolving for the better. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). As usual though, once the owners and executives sniff out a leak in the hull, it's every rat for themselves. Then go home with no benefits or pension. We were first to turn emerging themes such as Sports Betting and the Metaverse into easy-to-invest-in ETFs. Current gun sales the highest they have ever been, and Remington goes under. Can u give names of Minnesota-based Vista Outdoor, Inc, the publicly-traded company that owns Federal, CCI, and other ammo brands, was listed as the successful bidder for Remington's Lonoke, Arkansas ammo plant and certain intellectual property assets with SIG Sauer, Inc. as the backup. They purchased Remington which owns AAC and AAC has had my suppressor in for repair since early July. Vote all the bums out of Washington. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. List of All ETFs - Exchange Traded Funds | ETF Database. Remington Arms Company, LLC was an American manufacturer of firearms and ammunition, now broken into two companies, each bearing the Remington name.The firearms manufacturer is Remington Arms.The ammunition business is called Remington.The company which was broken up was called Remington Outdoor Company.Sturm, Ruger & Co. purchased the Marlin Firearms division of the Remington Outdoor Company . In fact, one of the best ammo deals I got online very recently was Remington 9mm. When Lionel toy trains were made in MIchigan the workers were represented by the United Auto Workers union. I dont see how it can as it appears that none of the pre-bankruptcy legal liabilities were assumed by any of the bidders in the bankruptcy auction. Commercial Registered Agent - Corporation, 112 N CURRY ST, CARSON CITY, 89703-4934, NV. Round Hill Development Group | Jupiter FL | Get a Bid publicly traded esports teams - link2feed.com, Will Remington Still Make Guns? Tried several of their products over the years and came to dislike them almost immediately. Steve is absolutely correct. Thank you. Their BuildZoom score of 103 ranks in the top 10% of 191,428 Florida licensed contractors. I am Sure they will for another 50 Years. Free and open company data on Virginia (US) company The Round Hill Group LLC (company number S3855261), 17736 Marbury Circle, Round Hill, Virginia, 20141-0000. Got a tip, comment or story idea? Stay up-to-date on today's vital cybersecurity topics by subscribing here. I hope as time passes Remington grows bigger and better than ever before. . All data on website has informational character only and are taken from publicly available sources. I've had a AAC Blackout Flash Hider, 5.56mm, 56T - 1/2-28 on back order for months. I love my 870 but there is no denying that the quality has gone down on the newer firearms when compared to older versions. We'll send you the latest guides and training tips geared Best of luck, sir. I love my ACR, and packing it around has made me a much stronger man. If one of these companies bought that line maybe they can bring them back to being excellent again. Earlier in September, I reported that JJE Capital was the stalking horse bidder for Remingtons ammunition business. Some of the magazines they made are hard to find otherwise, such as polymer mags for Mini-14s. From the Notice filed with the Bankruptcy Court today: Vista Outdoor, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit A with respect to the Lonoke Ammunitions Business and certain IP assets; and SIG Sauer, Inc. as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit B with respect to the Lonoke Ammunitions Business; Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with respect to certain Firearms Business IP assets and Exhibit E with respect to certain non-Marlin Firearms Business inventory, respectively; Sierra Bullets, L.L.C. I've heard the 870 Remington is the sister of the 1871 H&R will they work with it. I was able to contact them twice but they claim to be working on it. 107. Im not sure of their intention for Parker which makes the reproduction Parker shotguns nor what they plan to do with suppressor maker AAC or barrel maker Stormlake. Not uncommon, and its a little sad that they werent able to. Let us know in the comments! These guys could be gun guys with some background in manufacturing and want to make it work or they just want to disassemble it further for the value of the parts (real estate) if they got it for very short money. For compensation plans adopted by a company in 2019, when a publicly traded CEO's salary exceeds $1,000,000, the employee _____ taxed on the entire amount, and the employer _____ allowed a deduction on the entire amount. The other big story is that Ruger will be adding the Marlin lever action lineup of rifles to its product line. Dunkin' is being acquired in an $11.3 billion deal. First Crewed Hydrogen Flying Race Car Unveiled. Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding the acquisition: As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals are in the process of purchasing Remington Firearms. I feel extra fortunate to have acquired, last year, a new Remington 1911-A1 (WWII GI-style reproduction). Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Remington has went through many Owners such as Stren, Cerberus Capital Management, and many Others. C corporations are usually publicly traded companies owned by shareholders. This commentary was provided by Jim Shepherd, This is all good news and all the things we keep hearing here in Ilion we have been waiting to hear for a long time. i'm very interested to see what comes of the Remington 870. Nobody has the answer about how to contact Remington but Jim Shepherd has this to say: It seems the unfortunate gun owners who trusted that their work would be done- or their guns returned- will need to reach out to their local law enforcement officials to file stolen gun reports. This is speculation on my part, but there are probably too many secured creditors that are owed too much to leave anything for an unliquidated, unsecured tort claim. The bid is for the gun factory in Ilion, New York, handgun barrel factory in Lenoir, Tennessee, and related other properties. We'll only use the information provided according to our privacy policy. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. By providing your email, you agree to our. Any idea who has the parts for shotguns and rifles? Personalize your experience. JJE Capital is the owner of Palmetto State Armory among other companies. They should be paid no more than the lowest serviceman who is putting his ass on the line. Home; About Us; Cases. This is an interesting buy. I like this buy, personally. I don't know why you would think it would create a monopoly. Remington bought Parker Bros. in 1934, but it went defunct in 1942. Subscribe to our emails. If we are able to come to terms and we do build a new facility, we will consolidate everything in New York, which will bring the company back to 800 to 1,000 employees, eventually.. They said 6-8 weeks and now no one answers phones or replies to emails. Sierra has long been one of the best manufacturers for great precision rounds, both match grade and for hunting. I think we should have the same things no matter where we live. Remington Arms Company, LLC manufactures small firearm products and parts. What do you think of the sell-off? 2023 Industrial Media, LLC. Roundhill Group LLC Buys Non-Marlin Firearms and a Steam Plant Parcel This is the only non-firearms industry company to win a bid. I'd like to see it resurrected. if you want to hunt use the marlin rifle, if you want a display rifle get the winchester. From a purely business standpoint, that seems like a great plan if you just want to make a big pile of money. The bid includes Barnes' Mona, Utah location. That being said, I'll always fondly remember the Remmington pump .22 I learned to shoot on in the mid 70s and will be hanging onto and enjoying my R25 G2 until the barrel falls off. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. It was 'actually' a ParaOrdnance..And I wish they'd bring the nameplate back. More than anything, we want to make Remington a household name that is spoken with pride., Edwards added, The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. The decision could signal a sea change in the auto industry. Maybe Tapco will be revived and well see some new G2 AK triggers. I could certainly have done better! He said the offer to the employees was not conditioned on waiting for these negotiations to be complete. Filings with a federal bankruptcy court in Northern Alabama on Sunday show that Remington as it is currently known will likely be broken up among several successful bidders in the firearms industry. Got online very recently was Remington 9mm that seems like a great plan if you just want to make big! Remington ammo like their UMC line is about the only Remington product Ive in. 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