Remington attempts to move south, take two.

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I read somewhere, possibly on here, that the Ilion site is a Superfund disaster waiting to happen and that the potential liabilities for site clean up if they were to close it are effectively prohibitive.
 
Roverguy said:
I read somewhere, possibly on here, that the Ilion site is a Superfund disaster waiting to happen and that the potential liabilities for site clean up if they were to close it are effectively prohibitive.
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Remington moved to Ilion NY in 1828 and some of the current building date back to before the Great War (WWI). I can't image some of the nasty stuff that has seeped into the ground around that place.
 
Local ABC TV affiliate ran the story on-air at noon with scenes from school and mass shootings in the background.
NBC station has yet to post anything on their web site at all, despite the Governor's announcement in a new conference.
 
I read somewhere, possibly on here, that the Ilion site is a Superfund disaster waiting to happen and that the potential liabilities for site clean up if they were to close it are effectively prohibitive.
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They don't have to close it to move. GE built a HUGE factory here in the early 1950's to build transformers. The liquid they use to fill those is highly toxic and has leaked into the ground on site. But as long GE keeps the factory and pays employees to work there they don't have to clean it up.

They haven't produced anything there in 20+ years, but keep a small staff on the payroll. The grounds are well maintained, the grass is cut, and everything looks well kept. I'm pretty sure that is all the current employees have to do. But it is a lot cheaper to pay those guys to do almost nothing than close the factory.
 
Hugger-4641 said:
Everyone who knows/knew how to build a gun didn't work for Remington. If they are managed right, they'll do fine in the South.:)
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IF, being the operative word here. Unfortunately the new RemArms LLC has the same CEO that ran The Remington Outdoor company into its second bankruptcy in two years and ultimate demise with the parts being auctioned off.
 
mcb said:
IF, being the operative word here. Unfortunately the new RemArms LLC has the same CEO that ran The Remington Outdoor company into its second bankruptcy in two years and ultimate demise with the parts being auctioned off.
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Yeah, that's what I don't understand.... Like how does the board of directors agree to keep him on as CEO??? If anything I'd rather have someone like one of the Mossberg sons move over to RemArms and fix them up for good and get them making quality weapons again. I guess that would be a conflict of interest though as they are a direct competitor but idk I am not a lawyer. I understand CZ buying Colt because they are not directly competing against each other.
 
270OKIE said:
Yeah, that's what I don't understand.... Like how does the board of directors agree to keep him on as CEO??? If anything I'd rather have someone like one of the Mossberg sons move over to RemArms and fix them up for good and get them making quality weapons again. I guess that would be a conflict of interest though as they are a direct competitor but idk I am not a lawyer. I understand CZ buying Colt because they are not directly competing against each other.
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It's because the Remington Board no longer exists, it went away when The Remington Outdoor Company was auctioned off in parts. RemArms LLC is privately held and has no board at the moement. The Remington Outdoor Company CEO, Ken D'Arcy, got to keep his job because one of the partners (Richmond Italia) of Roundhill LLC that bought the Ilion NY facility to form RemArm LLC is a friend of Ken D'Arcy. Ken D'Arcy is the former CEO of GI Sports a paintball company that was also owned by Richmond Italia, that also went Bankrupt about the same time Remington went into its second bankrupt. Roundhill bought Ilion NY and a smaller facility in TN (Storm Lake Barrel) from the bankruptcy for $13 million dollars, for over one million square feet of manufacturing along with most of the equipment within. It's all there in the bankruptcy paper work and must be legal but stinks to high heaven.
 
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mcb said:
It's because the Remington Board no longer exists, it went away when The Remington Outdoor company was auctioned off in parts. RemArms LLC is privately held and has no board at the moement. The Remington Outdoor Company CEO, Ken D'Arcy, got to keep his job because one of the partners (Richmond Italia) of Roundhill LLC that bought the Ilion NY facility to form RemArm LLC is a friend of Ken D'Arcy. Ken D'Arcy is the former CEO of GI Sports a paintball company that was also owned by Richmond Italia, that also went Bankrupt about the same time Remington went into its second bankrupt. Roundhill bought Ilion NY and a smaller facility in TN (Storm Lake Barrel) from the bankruptcy for $13 million dollars, for over one million square feet of manufacturing along with most of the equipment within. It's all there in the bankruptcy paper work and must be legal but stinks to high heaven.
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P.U. that is one stanky mess. I'm glad the ammunition side went to Vista Outdoor with their awesome leadership and huge buying power and industry support. I mean CCI/Speer/Federal/Remington all owned by the same company? That's gotta look good to investors and stockholders! Of course then you get into the "too big to fail" side of it and that's what did IBM in...
 
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mcb said:
Bankruptcy number 3 coming up?
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Just a matter of time.

I wouldn't buy a new Remington gun for 1/4th of their msrp.

The 1st shotguns they put out looked like crud and they blame it on old stock.

It may well be sub par old stock but their current management decided to assemble it and ship it which tells me all I need to know about their mentality.
 
danez71 said:
Just a matter of time.

I wouldn't buy a new Remington gun for 1/4th of their msrp.

The 1st shotguns they put out looked like crud and they blame it on old stock.

It may well be sub par old stock but their current management decided to assemble it and ship it which tells me all I need to know about their mentality.
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Dad (we have an FFL and sell at gun shows) has gotten two Tac14s in and they are decently put together with no gaps in the pistol grip or undue play in the op rods. I did notice that the ejector was riveted in place unfortunately and the bolt still does not rotate as a Benelli design does... I swear my Stoeger P3500 has more "high end" parts on it, almost as if it is a Benelli product, which it is. Oh P.S. I put a 7 shell mag tube on it (used one for a Benelli M4 and just had to chop a small amount of metal off of the Stoeger tube body as it was slightly too long to let the Benelli one fit) and it is goofy looking but I can put 8 3.5" 00B shells in the gun with one in the chamber six in the tube and one ghost loaded.
 
I personally like that they’re going to LaGrange. I grew up not far from there and my ancestors worked in the Troup Factory near there before the Civil War, so seeing a major brand show up is neat.

That said, Remington is a classic example of the corporate merger and bankruptcy game. They abuse the law to drain a company of credit, pay themselves and leave the carcass behind. The state of Georgia has been the sucker on this game a number of times before (under both parties, who says we have nothing in common!).

I hope they have finished draining the brand and are actually going to use what’s left to produce quality products and maintain support of legacy platforms, but only time will tell. Maybe they can sell again to someone who cares.
 
I'm glad they decided to head south to lower taxes and cheaper labor, my major concern is the learning curve to produce a quality product again, and the "new" Remarms being able to compete against foreign shotguns that are getting better. Where they are moving is close to a KIA/ Hyundai plant and a Walmart distribution center so maybe they can find some trained workers. I hope they improve their quality and become a major gun MFG again that people are proud to own but I feel the only way they will succeed at that is making the employees "proud" to work for Remington and knowing what the CEO has done to the name in the past doesn't help with that.
 
No mention in the fluff piece article about how much in tax relief that community and state are going to give, or building loans promised.

Long history of these projects never hiring the amount of workers they forecast, and never being financially sound enough to produce the benefits they promise to the community.
 
I currently have, and have had in the past, a number of Remington shotguns. The most current is a V3 I purchased in 2017. All have been flawless in performance in the field, so I`ve personally had no reason not to be a Remington fan. It is an American manufacturing icon and what transpired with the Cerberus disaster bordered on criminal IMO. Getting out of New York, whether initiated by the new ownership or a future owner, is probably essential for any chance of long term success.

Having said all that, I have to admit that were I in the market for a new shotgun or rifle now, I would pass on purchasing a Remington. Wish I didn`t have to say that, but until they re-establish a track record......
 
Turkeytider said:
I currently have, and have had in the past, a number of Remington shotguns. The most current is a V3 I purchased in 2017. All have been flawless in performance in the field, so I`ve personally had no reason not to be a Remington fan. It is an American manufacturing icon and what transpired with the Cerberus disaster bordered on criminal IMO. Getting out of New York, whether initiated by the new ownership or a future owner, is probably essential for any chance of long term success.

Having said all that, I have to admit that were I in the market for a new shotgun or rifle now, I would pass on purchasing a Remington. Wish I didn`t have to say that, but until they re-establish a track record......
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I feel the same.

The V3... I was wanting to grab one of those if they had offered it with 21-22" turkey length barrel.
 
I own several Remington shotguns, rifles, and even handguns along with Bushmaster, DPMS, and AAC products. Remington was a deeply flawed company as a whole, going back to even before Cerberus, but they still made good products if you knew what to look for and I have enjoyed my Remington firearms. But after the first bankruptcy I don't believe the board was in full control any more, the banks that owned Remington (Cerberus was out as of the first bankruptcy) were and they did not want to be in the firearms business. I don't have any proof but I believe the banks, not the board, brought Ken D'arcy in to do exactly what he did. Break up the company and sell off the parts to get the banks out of the firearms business as quick as possible while minimizing financial losses. As a reward for this work Ken D'arcy and his pals got Ilion for a song.

I have said this before and will say it again, despite being a life long Remington fan, you could roll a $100 bill up and put it in the chamber of a RemArms LLC firearm and I would not give you $80 for it.
 
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mcb said:
I own several Remington shotguns, rifles, and even handguns along with Bushmaster, DPMS, and AAC products. Remington was a deeply flawed company as a whole, going back to even before Cerberus, but they still made good products if you knew what to look for and I have enjoyed my Remington firearms. But after the first bankruptcy I don't believe the board was in full control any more, the banks that owned Remington (Cerberus was out as of the first bankruptcy) were and they did not want to be in the firearms business. I don't have any proof but I believe the banks, not the board, brought Ken D'arcy in to do exactly what he did. Break up the company and sell off the parts to get the banks out of the firearms business as quick as possible while minimizing financial losses. As a reward for this work Ken D'arcy and his pals got Ilion for a song.

I have said this before and will say it again, despite being a life long Remington fan, you could roll a $100 bill up and put it in the chamber of a RemArms LLC firearm and I would not give you $80 for it.
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Certainly agree that the company was owned at one point by those who had no interest in the manufacture of quality firearms. 21/2 strikes against ANY company that`s owned by entities or individuals who don`t give a damn about the product in the first place. Nobody wishes for success for the company more than I. An American firearms scene without Remington just doesn`t seem right.
 
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