Did Remington Quit Making Guns?
In October, a Bankrupt Remington Terminated Nearly 600 Workers at the Plant. After 200 Year's in Business, Gunmaker Remington Filed for Bankruptcy for the...
In October, a bankrupt Remington terminated nearly 600 workers at the plant. After 200 years in business, gunmaker Remington filed for bankruptcy for the second time in July of 2020.
Is Remington still producing firearms?
The firearms side of Remington is now officially known as RemArms. Back in May of this year, there were reports that Remington was gearing up to reopen its Ilion plant. RemArms hired back 230 workers, with plans for starting production with the Model 870 shotgun line.
Who bought Remington Arms in 2020?
In Apr. 2021, the New York plant resumed production under new owners Roundhill Group, which bought it in 2020. Roundhill Group was one of seven buyers in Remington's bankruptcy sale.