It includes Utah operations as well as Barnes and ArkansasMore interesting developments.
https://cases.primeclerk.com/RemingtonOutdoor/Home-DownloadPDF?id1=MTU4NDQxNg==&id2=0
JJE Capital Holdings, owners of Palmetto State Armory has come forward as a Stalking Horse Bidder for the ammunition business side of Remington. Not sure if that is just Lonoke or if it also includes Barnes. I believe this is currently the only Stalking Horse Bidder to come forward so far. Eight more days...
ETA: A actual new article about said same.
https://www.wsj.com/articles/bankru...ion-offer-for-ammunition-business-11599680366
It includes Utah operations as well as Barnes and Arkansas
You can call nostalgic but I don't want some of best American's worldwide brands firearm disappear.
Every factory close is a less chance for our 2A to survive.
I was under the impression that model 70 production had been moved to Portugal after a brief stint in SC. I may be wrong, but if I am not, that is a problem with overseas concerns picking up old US brands, in my opinion.Look at Winchester. FN is building the best M70s ever.... and their building them in South Carolina.
I was under the impression that model 70 production had been moved to Portugal after a brief stint in SC. I may be wrong, but if I am not, that is a problem with overseas concerns picking up old US brands, in my opinion.
Assembled - at the Browning Plant in Viana, Portugal.
GR
The Winchester web site shows where arms are currently produced. I don't find any made in USA. https://www.winchesterguns.com/support/faq/where-are-winchester-firearms-manufactured.html The only Brownings made in the states are the buckmarks and the blowback 1911s (22 and 380).
While i can't refute that, it does seem a waste to make most of the parts in SC, ship them to Portugal and then reimport them...............
I sure hope Marlin lands in a good (as in stable) place. The Marlin rifles built in the last few years, objectively taken in whole, have been damn good rifles. So, here we go again.
Doing some digging into the bankruptcy documents. It appears that in addition to JJE Capital Holdings (Palmetto State Armory) that came forward as the Stalking Horse bidder for the ammunition part of Remington, it appears that Vista Outdoors (Owner of Federal Ammunition among a heap of other firearms and outdoor brands) and DuPont (former owner of Remington 1980 - 1993) were present at the proceeding on the 17th.
No Buyer Yet for Remington Arms, Mayor Says
By Spectrum News Staff Ilion
PUBLISHED 8:37 PM ET Sep. 16, 2020
The Ilion mayor Brian Lamica says a buyer has not yet come forward to acquire Remington Arms.
The company filed for bankruptcy earlier this year, and per the terms of its bankruptcy filing, has a little more than a week left to get a buyer. The Ilion plant employs hundreds of people and many of them held a rally Wednesday.
"If Remington Arms were to move out of here tomorrow, completely just shut down and shutter their doors, we're looking at a lot of money out of our local budgets not just the Village of Ilion,” Lamica said.
He says the village is ready to make a generous deal with a potential plant buyer, even offering more land.
Members of the United Mine Workers of America Local 717 held a news conference at the Ilion Municipal Building last week during which union officials and Mayor Brian Lamica expressed concerns about the outcome of the proceedings. UMWA District 2 representative Jamie Rudwall said workers hope to keep their jobs in Ilion.