Categories
  Encyclosphere.org ENCYCLOREADER
  supported by EncyclosphereKSF

RemArms

From Wikipedia - Reading time: 5 min
"Remington Firearms" redirects here. For the history of Remington firearms prior to 2021, see Remington Arms.
RemArms, LLC
Company typeHolding company
IndustryArms industry
Founded2021; 3 years ago (2021)
Headquarters
LaGrange, Georgia
,
U.S.
Area served
Worldwide
Key people
Ken D’Arcy, CEO
ProductsFirearms
BrandsRemington Firearms
OwnerRoundhill Group, LLC
Websitewww.remarms.com

RemArms, LLC, is an American holding company that operates the firearms manufacturing portion of the former Remington Arms company. Formerly based in Ilion, New York, the company relocated its headquarters to LaGrange, Georgia.[1]

History

[edit]

Remington Arms was a notable American manufacturer of firearms, founded in 1816 by Eliphalet Remington and originally known as E. Remington and Sons. The company was acquired in June 2007 by a private equity firm, Cerberus Capital Management.[2] It became part of the firm's Freedom Group, which was renamed in 2015 as Remington Outdoor Company. Remington Outdoor Company declared bankruptcy in 2018, from which it emerged, and in 2020, following which it was broken up.[3][4]

The firearm portion of Remington Arms (excluding Marlin Firearms)[5] was sold to Roundhill Group, LLC,[6] and was then organized as RemArms, LLC. Vista Outdoor purchased Remington Arms' ammunition business,[7] which it subsequently organized as Remington Ammunition. Vista Outdoor also purchased various intellectual property, including the Remington brand name.[7] RemArms licensed use of the brand name from Vista Outdoor in order to market its products using Remington Firearms branding.[8]

Both Remington Firearms and Remington Ammunition appear to claim Remington Arms' history, the former noting in a 2021 press release, "Founded in 1816, Remington Firearms is one of the nation’s oldest firearms brands, operating for 205 years"[9] and the latter noting on its website "We’ve been here since 1816."[10]

RemArms obtained a Federal Firearms License in early 2021, and resumed production of some firearms at the former-Remington Arms manufacturing facility in Ilion, New York.[11] The company announced its launch in September 2021, via a video from its CEO.[12]

In November 2021, the company announced it would relocate its global headquarters to LaGrange, Georgia, with plans to contain a new advanced manufacturing operation and a research and development center.[9] In November 2023, it was reported that the company would end its operations in Ilion in March 2024 with approximately 250 to 300 employees affected by the plant closure.[13] The plant's union representative, the United Mine Workers of America (UMWA), condemned the planned closure.[14] Closure of the company's manufacturing operations in Ilion was reported to be imminent in mid-March 2024.[15]

As of March 2024, the company lists approximately 25 international distributors, located in:[16]

Europe: Austria, Belgium, Bulgaria, Czechia, France, Germany, Greece, Hungary, Italy, Norway, Poland, Spain, Switzerland, Ukraine
South America: Argentina, Chile, Panama, Uruguay
Other: Australia, Canada, Japan, New Zealand, Saudi Arabia, Turkey

Products

[edit]
Main article: List of Remington models
Remington 783 rifle
A Remington 783 rifle

Remington Arms manufactured many different models of rifles, shotguns, and handguns during its existence.

A smaller number of products have been offered under the Remington Firearms brand.[17] As of March 2024, the following models were listed on the company's website:[18][19]

Rifles

[edit]

Shotguns

[edit]

References

[edit]
  1. ^ Manore, Alexis; Caputo, Thomas (March 4, 2024). "A farewell to 'Arms': Ilion community mourns loss of Remington". romesentinel.com. Retrieved March 30, 2024.
  2. ^ "Remington Arms Is Sold". The New York Times. April 6, 2007. Archived from the original on October 23, 2011. Retrieved May 22, 2010.
  3. ^ ""Remington Firearms is Back" – Interview with RemArms CEO Ken D'Arcy". rem870.com. July 29, 2022. Retrieved March 30, 2024.
  4. ^ Peg Brickley (27 September 2020). "Bankrupt Gun Maker Remington Outdoor to Be Broken Up and Sold". The Wall Street Journal. ISSN 0099-9660. Wikidata Q114386181. Archived from the original on 2 October 2020. Retrieved 2022-10-03.
  5. ^ Eger, Chris (November 25, 2020). "Ruger: Marlin Acquisition is Complete, To Hit Market in 2021". guns.com. Retrieved March 30, 2024.
  6. ^ "Remington Gets Massive Lifeline After Roundhill Group Acquisition". athlonoutdoors.com. October 1, 2020. Retrieved March 30, 2024.
  7. ^ a b "Vista Outdoor to buy bankrupt gunmaker Remington's ammunition business". Reuters. 2020-09-28. Archived from the original on September 9, 2021. Retrieved 2020-09-28.
  8. ^ "About Us". remarms.com. Retrieved March 30, 2024.
  9. ^ a b "Remington Firearms to Locate Global Headquarters, Open New Advanced Manufacturing Facility, World-class Research and Development Center in LaGrange". remarms.com (Press release). November 8, 2021. Retrieved March 30, 2024.
  10. ^ "About Us". remington.com. Retrieved March 30, 2024.
  11. ^ "Roundhill Group Obtains Federal Firearms License". thefirearmblog.com. WKTV. February 4, 2021. Retrieved March 30, 2024.
  12. ^ "RemArms Launch with CEO, Ken D'Arcy". remarms.com (Press release). September 13, 2021. Retrieved March 30, 2024.
  13. ^ WKTV (2023-11-30). "RemArms Ilion Operation to Close March 2024". WKTV NewsChannel2. Retrieved 2023-12-01.
  14. ^ Fortinsky, Sarah (2023-12-03). "Remington gun-maker will close historic N.Y. plant, a year after Sandy Hook settlement". The Hill. Retrieved 2023-12-04.
  15. ^ Brune, Evan (March 12, 2024). "Remington's Ilion Factory Closes". American Rifleman. Retrieved March 30, 2024.
  16. ^ "International". remarms.com. Retrieved March 30, 2024.
  17. ^ Knupp, Jeremiah (July 22, 2023). "New For 2023: Remington 783". American Rifleman. Retrieved March 30, 2024.
  18. ^ "Rifles". remarms.com. Retrieved March 30, 2024.
  19. ^ "Shotguns". remarms.com. Retrieved March 30, 2024.
[edit]
Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/RemArms
17 views |
↧ Download as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF