I asked. Remington, America’s oldest gun company, is reportedly headed to bankruptcy and is in talks with the Navajo Nation as to its post-Chapter 11 future.. One year ago you could buy a used Remington 700 bolt-action rifle in any configuration for a decent price, excluding highly desirable calibers that were no longer in production. UTICA (TNS) — U.S. Rep. Anthony Brindisi, D-Utica, says he stands with the workers at Remington Arms following the announcement this week that … The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing. Remington Outdoor Company filed for bankruptcy in July and announced in October that it was terminating the employment of 585 workers at its Ilion plant effective Oct. 26, and cutting off all their health care and other contractual benefits on Oct. 31. Remington manufactured the Bushmaster AR-15-style rifle that Adam Lanza used on Dec. 14, 2012, to kill 20 first-graders and six adults at the elementary school in Newtown, Conn. National Remington Outdoor Co., the 200-year-old gun maker that filed for bankruptcy again in July, has been auctioned off in court. A 200-year-old legendary gunmaker will be disarmed today. Remington College is a non-profit career school focused on helping you achieve your career goals. If Ruger brings back the Marlin 375, I will be thrilled. 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). Earlier this year, Brindisi stood with Remington workers at an informational picket in Ilion and demanded a National Labor Relations Board investigation of the former owners of Remington Arms’ termination of employees. There are clear sides in this fight, you’re either with the workers or the union busting owners. The New Remington Model 700 NRA American Hunter, Purpose-Driven for the Fanatical Whitetail Hunter. Huntsville, AL – The Model 783 was designed by American’s bolt action experts and engineered with precision, durability and performance enhancing technology, now available in 6.5 Creedmoor. Remington Model 700 NRA American Hunter April 30 2019. Like Remington, Ruger might experience some quality control issues with its initial output, but also like Remington, they'll correct them quickly. Now, it is the world's hottest brand. Passing motorists waved and honked as participants held up signs and shouted chants. Founded in 1816 by Eliphalet Remington in Ilion, New York as E. Remington and Sons, it was one of the oldest gun makers in the US and claimed to be the oldest factory in the US that still made its original product. “The hardworking union members in Ilion make a quality product and deserve a quality wage and their union-negotiated benefits,” he said in a written statement. “I don’t agree with it, but I’d rather be working,” he said. He planned to submit his letter of acceptance by Monday’s 5 p.m. deadline. They bought a share of the firearms company that included this plant for $13 million. Model 1100s in 28-gauge and .410 bore have always been expensive. News Sports Entertainment Lifestyle Opinion USA TODAY Obituaries E-Edition Legals Subscribe Union: Remington Arms, oldest U.S. gunmaker, terminates 585 employees at birthplace ILION, NY (WUTR) – The Remington Arms manufacturing plant in Ilion, New York has been officially sold to Roundhill Group LLC, a real estate investment firm from Virginia. Today, original Parker shotguns sell on the low-end for at least 1 or 2 grand and on the high-end for as much as $75,000. LiveUpdated July 28, 2020, 8:51 a.m. “I say severance, you say pay,” one of the leaders called out. Remington Rand (1927–1955) was an early American business machines manufacturer, best known originally as a typewriter manufacturer and in a later incarnation as the manufacturer of the UNIVAC line of mainframe computers.Remington Rand was a diversified conglomerate making other office equipment, electric shavers, etc. “I’ve been a hunter my whole life,” said Italia. ET July 28, 2020, 8:51 a.m. The union has not yet met with Roundhill either, he said. “Our plans call for 200 factory workers and another 20 to 30 office employees,” he said in an email. Remington recorded net ammunition and accessories sales of $200 million in 2019, and Vista expects the acquisition to be accretive to earnings in fiscal year 2022. Bankrupt gunmaker Remington Outdoor will split up its business and sell the pieces to seven different buyers following a bankruptcy auction, court records show.. “Today’s decision is a critical step toward achieving that goal.” Neither a spokesman for Remington nor the National Rifle Association could be reached for comment. In 2006 Remington brought back the Parker Gun for a hot minute as a publicity stunt. Way back in the day these were the cool guy shotguns and were wielded by Annie Oakley, Frank Bulter, and other legendary badasses. Company profile page for Remington Arms Co Inc including stock price, company news, press releases, executives, board members, and contact information The Remington Arms Co. appears on the verge of being sold off in pieces following its second Chapter 11 bankruptcy filing in just over two years.. Their value has gone up quite a bit over the last few months, and an MR-prefix levergun is actually now in higher demand than the JM-stamped models that Marlin built in its New Haven, Conn., factory. An 1100 in 16-gauge, in 90% or better condition from any era, has been practically untouchable for many years. Model 1100 12- and 20-gauge shotguns in good condition still run about $500. ET Here’s what you need to know: U.S. stock futures drifted on Tuesday and global stocks were mixed as investors awaited a slew of corporate earnings results and the details of a … Tuesday, February 2, 2021 ... Remington News Man wanted in $50,000 theft from Jasper County construction site, police say. They also echoed, cadence-style, “We are the union, the mighty mighty union.”. Remington Arms files for bankruptcy for 2nd time. It’s a great rifle for competitions, target shooting, and hunting. The spike is apparent throughout Remington's rifle catalog, including the more spartan ADL and SPS models. Internal components were prone to break. Model 1100 12- and 20-gauge shotguns in good condition still run about $500. Your California Privacy Rights/Privacy Policy. Grumble, grumble, grumble was the reply. The story about America’s oldest gunmaker continues. Remington's plant in Ilion, N.Y., closed, so there will be no new guns bearing the Ilion, N.Y., stamp. Springfield News-Leader. msn back to msn home money powered by Microsoft News The run of Remington-produced Marlins was relatively short. UMWA District 2 representative Jamie Rudwall said some of the letters went to the wrong people – the name on the envelope did not match the name of the person to whom the letter was addressed. . On Tuesday, a Model 700 BDL in 7mm-08 in what appeared to be about 90% condition sold on an internet gun auction site for $1,347. COMMENTS - It looks like you're using Internet Explorer, which isn't compatible with the Democrat-Gazette commenting system. A 200-year-old legendary gunmaker will be disarmed today. Barry Carcone, a Remington employee for more than 18 years, was among the union members who received an offer from Roundhill. Italia did not immediately respond to Brindisi’s statement. Huntsville-based Remington Outdoor will be broken up and sold after a bankruptcy auction, in which seven companies won the bidding for pieces of the company’s weapons and ammunition businesses, according to several news reports. Tomorrow's Solution Today Remington Company News. I told the guy that I would come back tomorrow and buy it from somebody that has some sense. "The ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives) has been extremely responsive, and we see no impairment to having our license by our target date of Feb. 1,” Italia said. We have reached out to them to discuss their statements in recent weeks in the media regarding reopening the plant and making job offers, however we have unfortunately received no response. Remington shotgun prices are unaffected, with prices holding steady and maybe even slightly declining. The families sued the makers of the gun that was used, an AR-15 style weapon made by Remington, in 2014, alleging that the company's marketing of the weapon inspired Adam Lanza to commit the massacre. . A News Cooperative covering news, sports, events and other community news for Vinton Iowa. Copyright © 2021, Arkansas Democrat-Gazette, Inc. Firearms maker Remington Outdoor Co. has agreed to sell its ammunition business out of bankruptcy to South Carolina-based investment firm JJE Capital Holdings LLC for $65 million plus the assumption of liabilities, subject to better offers. Today, original Parker shotguns sell on the low-end for at least 1 or 2 grand and on the high-end for as much as $75,000. “I’ve been a hunter my whole life,” said Italia. . Today it was made official that they have purchased Remington Firearms, and that the purchase includes “all long guns, shotguns, pistols, the firearms manufacturing facilities, museum … Today's E-Edition North. The Sauer S100 Fieldshoot is fully customizable, eye-catching, and chambered in the 6.5 Precision Rifle Cartridge (PRC). A beautiful Victorian mansion once stood on Main Street in Harrisville where the post office is today. Some 200 former Remington Arms employees have been offered jobs with the new owners starting in February, according to a union official, but there are concerns. Remington shotgun prices are unaffected, with prices holding steady and maybe even slightly declining. Remington | Tomorrow's Solution Today. The workers would also be waiving severance and vacation pay, but these benefits are part of the contract the union has with the Remington Outdoor Company, he said; the new company was not involved. Today, the Wall Street Journal reports that . Call Today 1-800-208-1950. “I grew up with the name Remington, so it definitely hit a chord.” Italia was alerted to the possibility of buying Remington … Firearms maker Remington Outdoor Co. has agreed to sell its ammunition business out of bankruptcy to South Carolina-based investment firm JJE Capital Holdings LLC for $65 million plus the assumption of liabilities, subject to better offers. If you grew up in Herkimer County, you're probably very familiar with Remington Arms. In 2006 Remington brought back the Parker Gun for a hot minute as a publicity stunt. Huntsville-based Remington Outdoor will be broken up and sold after a bankruptcy auction, in which seven companies won the bidding for pieces of the company’s weapons and ammunition businesses, according to several news reports. But the Remington of today isn't as strong as its massive factory suggests. Sections News Way back in the day these were the cool guy shotguns and were wielded by Annie Oakley, Frank Bulter, and other legendary badasses. In our article published a few days ago about the Remington assets being divided Roundhill Group, LLC was mentioned as one of the successful bidders. That's because the number of JM rifles far exceeds the number of MR guns. The National Labor Relations Board has opened an investigation into the decision by the Remington Outdoor Company to deny benefits to union workers at the Remington Arms plant in … Konica Minolta has been recognised for its commitment to producing products that meet exacting environmental standards throughout their lifecycle, becoming the only company of its kind[…] LiveUpdated July 28, 2020, 8:51 a.m. The Democrat-Gazette commenting system is more compatible with. ... About Us Accreditation Admissions Articles & News Catalogs Career Services. The Remington Rand Building at 315 Park Avenue South in New … ... Before becoming Remington's Downtown, the building was the site of Sterling's and Club 201. Adherence of the U.S. Population to the Dietary Guidelines Across Life Stages, as Measured by Average Total Healthy Eating lndex-2015 Scores.At the end of last month (and last year) the Ninth Edition… "I even have calls in to the governor's office today, to get the governor involved in the effort," says Senator James Seward. The New Remington Model 700 NRA American Hunter, Purpose-Driven for the Fanatical Whitetail Hunter. Konica Minolta has been recognised for its commitment to producing products that meet exacting environmental standards throughout their lifecycle, becoming the only company of its kind[…] Vista Outdoor, the new owner of the Remington ammunition plant in Lonoke, is recalling workers and getting production at the facility geared up to meet nationwide demand. October 28, 2016. He added that one of the conditions was that he would have to voluntarily waive contractual benefits including severance and unused vacation pay. This also made Remington one of the oldest companies in the U.S.A. That part makes the recent news even harder to take. Remington Park's richest thoroughbred event is the Oklahoma Derby run usually in late September or early October.. wears serial number MR00009C. Some people are worried Ruger has no history building lever-action rifles and does not understand the design. Exceptions are those in new condition, with box and paperwork. (WUTR-TV) — Richmond Italia is the new owner of the Remington Arms plant in Ilion. Carrying a purse of $400,000, the Grade III Oklahoma Derby is open to three year old's only and is run on the dirt over a mile and an eighth (9 furlongs). Remington is a private company, but shares of competitor Sturm Ruger & Co. fell less than 1%, and American Outdoor Brands , maker of Smith & Wesson guns, fell … Remington | Tomorrow's Solution Today. UTICA (TNS) — U.S. Rep. Anthony Brindisi, D-Utica, says he stands with the workers at Remington Arms following the announcement this week that … ", He added, “The demand made in the letter for workers at the Ilion plant to agree to be ‘at will’ employees is unlawful, as companies cannot ask union members at a facility where there is a union contract to work without that contract as a condition of employment.”. "What are you doing selling it, then?" For as long as I've been writing in this space, Remington has been the world's most maligned firearms brand. Sights were installed canted on the barrels. Donna Thompson is the government and business reporter for the Times Telegram. Bankrupt gunmaker Remington Outdoor will split up its business and sell the pieces to seven different buyers following a bankruptcy auction, court records show.. Wood-to-metal finish was terrible. U.S. Rep. Anthony Brindisi, D-Utica, issued a statement after hearing there had been “union busting activities” from the new owners that go after the rights and benefits that Local 717 collectively bargained for during negotiations. All Ilion-stamped guns are now collectible. He added, “Our goal was at the very least to try and make 200 families a little more secure in this holiday season. Now they are even more expensive. ET Here’s what you need to know: U.S. stock futures drifted on Tuesday and global stocks were mixed as investors awaited a slew of corporate earnings results and the details of a … Members of United Mine Workers of America Local 717 were at the intersection of Main Street and Central Avenue in Ilion Monday morning to call for the severance pay and unused vacation pay included in the union contract. Today, the Wall Street Journal reports that . Phil Smith, UMWA director of communications and governmental affairs, said the union had had no recent discussions with Roundhill “and none whatsoever about this prior to this letter going out. Email her at donna@timestelegram.com. Find the latest REMINGTON RESOURCES INC (RGM-H.V) stock quote, history, news and other vital information to help you with your stock trading and investing. While union members are clear about what they want from the former Remington company, there are concerns and some confusion regarding the offers from the new owners, Roundhill Group LLC. Compare that with an 1100 20-gauge LT model new in the box sitting at $1,300 with 16 bids and four days remaining in the auction. I also encounter it in the retail world, most recently last summer when a clerk at a big retailer scoffed, "I wouldn't own a Remington" while I held one in my hands. Their prices have soared and are now around $1,300-$1,500. The guns didn't feed right. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and noncommercial use. I stand with the workers of UMWA Local 717 and they have my full support in this fight.”. He said there have been some changes to the health plan, however. Remington Seeds to close its doors February 12th - Business - Vinton Today, A News Cooperative :: … Since Remington was sold and its assets divided among new owners, every Remington is now a limited edition. “These attempts by new Remington to bust the union and deny these men and women their benefits are unacceptable. Remington Arms is an iconic brand and that reputation comes directly from the good work of their union employees.”, He called the union “the heart and soul of Ilion” and called any attempt to break the union “despicable.”, Brindisi said it was “the greed and shortsightedness that caused plant shutdowns even as gun sales boomed. News Sports Entertainment Lifestyle Opinion USA TODAY Obituaries E-Edition Legals Subscribe Lawmakers want to help furloughed Remington Arms employees get back to work Remington Arms files for bankruptcy for 2nd time. The new company cannot begin operating in Ilion until it has a federal firearms license and the application for the license has been submitted, according to Italia. We will not stop working towards bringing Remington back to the height of its operations in Ilion, New York.”. Long-lived firearms manufacturer Remington Arms has been divided up amidst its bankruptcy auctions which started shortly after its second bankruptcy filing earlier this year with the intent to sell assets. I couldn't stand it. Remington-made Marlin lever-action rifles are the most curious beneficiaries of all this recent goodwill. Ilion's mayor says the village is where it all started, and its plant there is where more than 800 people work today, carrying on its long legacy. When asked if there had been some confusion regarding the offers, union member Fran Madore responded in an email saying, “Yes, confusion is a understatement.”. Roundhill is offering the workers the same salaries they were making prior to the bankruptcy, according to one of the new owners, Richmond Italia, of Roundhill Group LLC. "People think that Remington has only ever made firearms. “I grew up with the name Remington, so it definitely hit a chord.” Italia was alerted to the possibility of buying Remington … You can join the discussion by using another browser, like, It looks like you're using Microsoft Edge. This document may not be reprinted without the express written permission of Arkansas Democrat-Gazette, Inc. Material from the Associated Press is Copyright © 2021, Associated Press and may not be published, broadcast, rewritten, or redistributed. Only eight were built before that one, and there's not a thing wrong with mine. With photos and information provided by the Burrillville Historic & Preservation Society, we look now at the Remington Mansion. News Sports Entertainment Lifestyle Opinion USA TODAY Obituaries E-Edition Legals Subscribe Union: Remington Arms, oldest U.S. gunmaker, terminates 585 employees at birthplace A modern 1100 16-gauge "new in the box" on the same internet site currently sits at $2,258 with 22 bids, and with six days remaining in the auction. All rights reserved. Roundhill Group LLC purchased the Ilion operation minus the Marlin line in a bankruptcy sale. Remington Arms Company, LLC is an American manufacturer of firearms and ammunition, and was the largest rifle manufacturer in North America according to the ATF statistics in 2015. The old company has not come to the bargaining table to discuss the union’s demands or make an offer. Remington, America’s oldest gun company, is reportedly headed to bankruptcy and is in talks with the Navajo Nation as to its post-Chapter 11 future.. Company profile page for Remington Arms Co Inc including stock price, company news, press releases, executives, board members, and contact information Meanwhile, union members are continuing their fight for contractual benefits they say the old company still owes them. Any Marlin rifle with an MR-prefix serial number was to be avoided at all costs. (WUTR-TV) — Richmond Italia is the new owner of the Remington Arms plant in Ilion. “Since Remington Outdoor was self-insured, we felt it a healthier and safer environment to bring in third party health insurance," Italia said. Konica Minolta sets the gold standard for environmental leadership. Campuses Consumer Information Continuing Education Remington Seeds has announced it is closing its Vinton plant off of Highway 218 on February 12 in a statement sent to Vinton Newspapers “The … From the moment Remington acquired Marlin, firearms forums torched the "Remlin" leverguns. 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