There is no question about it, Remington is long gone. Remington wasn't just sold, it went bankrupt with no buyer interested anywhere. It was then busted into many bits and liquidated at auction. Apparently few care about the majority of Remington employees, that were not living in New York at all . . . but Kentucky, Utah, Arkansas, Missouri, South Dakota, Alabama, etc. Who isn't wishing them well, for all the good anonymous internet lip-service can provide?
Why in the world would you start a new company making a gun that had no patent protection whatsoever with low margins in a high labor cost, high tax state especially when the used market is flooded with the same gun? I’m a former business man and I would hate to try to sell this to my banker with a straight face
Now you know why CZ, Ruger, Mossberg, S&W, Beretta, FN, and everyone else with successful expertise in the industry ran away at lightning speed from Ilion.
Soon after the "Roundhill" acquisition of RemArms, Richmond Italia's G.I. Sports screwed their suppliers to the tune of $29 million dollars. G.I. Sportz racked up more than $45 million of losses since the end of 2018.
Italia tried to bust up the union, using a "improper and most likely unlawful" rehire letter that changed employment terms to employment at will. This is the same Rich Italia that fecklessly claimed Remington would reopen in a matter of weeks back in October.
The sloppy RemArms website is bizarre. No pricing, no warranty, no customer service, featuring listings for mythical firearms that failed twice and will not be made again, like the R51. https://www.remarms.com/handguns/reming ... ington-r51
No engineering staff, no dealers, no orders, no customer service, and a defective website bursting with vaporware. It is impressive.
Shotgunworld has a few threads about this. Most folks there, while wishing for success, are not that optimistic given D'Italia's trackrecord with his paintball company he BK'd and left in tatters.
https://www.shotgunworld.com/bbs/viewtopic.php?f=2&t=527474
https://www.shotgunworld.com/bbs/viewtopic.php?f=55&t=521572
But it seems the new owners and the Union are not communicating very well.
https://romesentinel.com/stories/union-for-remington-arms-workers-denies-strike-rumors,110033
This does not bode well for the restart if the executive management can't figure out how to deal with and communicate with the union. But then again they are not very good leadership if you look at the previous companies they have run...
I would ditch NY and the union so fast that there would be tornado warnings given. I would tell them, we have jobs, you can work with a good attitude or stand in line at the shelter. Which is it going to be. Nothing is owed to the union or anyone else after the bankruptcy so if it were me, I would not even speak to the union. I would put out a we are hiring sign and send the union packing.
Not in NY you won't; NOT a right to work stateI would ditch NY and the union so fast that there would be tornado warnings given. I would tell them, we have jobs, you can work with a good attitude or stand in line at the shelter. Which is it going to be. Nothing is owed to the union or anyone else after the bankruptcy so if it were me, I would not even speak to the union. I would put out a we are hiring sign and send the union packing.
Not in NY you won't; NOT a right to work state
Then I would leave to a right to work state, like Texas. It is still a free country. Sometimes it is best to start over in fresh, fertile soil than plow a rocky and worn out dirt patch.
Sell off whatever, take the CNC coding and IP and haul axx.
You have missed previous excellent analyses by folks with detailed knowledge of the Ilion facility and industry HES experience explaining the phenomenal costs of vacating or selling that plant, costs that would exceed the price Roundhill paid for Remington firearms by a factor of 20.
I have not missed anything, I stay with what I said.
Then I would leave to a right to work state, like Texas. It is still a free country. Sometimes it is best to start over in fresh, fertile soil than plow a rocky and worn out dirt patch.
Sell off whatever, take the CNC coding and IP and haul axx. And there is no such thing as an ironclad contract. That is what lawyers are for, to figure out a way out. No way to start fresh hauling the baggage of a bunch of disgruntled and entitled people. Those Remingtons everyone has been bashing on for years now were built by those people. The holes drilled through the receivers on 700s, the crappy wood fit on Marlins, the bean counters did not do that, the employees did. It is called pride in workmanship. And if one does not like a job and feels taken advantage of, go get another one somewhere else instead of doing s----y work to get even and whining about their poor lot in life.
As a union worker all my life they are better off to stay with the union people who have the experiance to build a gun right.Not in NY you won't; NOT a right to work state
Guess you haven't seen the lousy quality coming out of there before the BK then. Being union means nothing as regards to quality; it only means that those who can't do the job right get to keep their jobs; whether you're talking a machinist at Remington or a public school teacherAs a union worker all my life they are better off to stay with the union people who have the experiance to build a gun right.
Guess you haven't seen the lousy quality coming out of there before the BK then. Being union means nothing as regards to quality; it only means that those who can't do the job right get to keep their jobs; whether you're talking a machinist at Remington or a public school teacher