TACTACAM’s all New Spotter LR Spotting Camera, Southwestern Bird Die-Off: An Unsolved Mystery, Jerry Miculek’s Trigger Finger is Faster Than This Full-Auto, Missouri to Allow Thermal and Night Vision for Hogs and Other Invasive Species, 5.11 Tactical Debuts their New CALL TO SERVICE Podcast. On October 25, the company announced that Anthony Acitelli would succeed Marcotuli. What Edwards said is that Roundhill believes in the workers and the product, and now, the skilled workers at Remington have no barriers in the way of getting back to what the company does best – building high-quality firearms. The gunmaker's assets are being auctioned off this week and on Monday, Vista Outdoor (NYSE:VSTO) won the bid for Remington's ammunition business, paying over $81 million. Freedom Group also acquired other major firearm manufacturers, consolidating the manufacturing process of each brand because of intense competition in the business. This also made Remington one of the oldest companies in the U.S.A. That part makes the recent news even harder to take. The Remington asset bids have recently been revealed with some surprising results with perhaps some looming consequences for some of the more popular firearms from Remington. Please pass this on to … At present,Remingtonis part of the larger Freedom Group, a conglomerate of gun manufacturers. Contact Rich here. I exclude management because management was complicit and likely partially responsible for the demise of Remington Arms. Was it the fault of the employees? This time for real. This made the new company one of the biggest players in the firearms game. “I grew up with the name Remington, so it definitely hit a chord.” Italia was alerted to the possibility of buying Remington 10 days before it … Remington ammunition is the unquestioned leader all other manufacturers must follow. January 04 2010. The bones of bankrupt Remington Arms continue to be picked clean as Sturm, Ruger (NYSE:RGR) announced it was acquiring the gunmaker's Marlin Arms for $30 million. Barnes Bullets, located in Mona, Utah, is the industry-leading supplier of copper bullets, including copper-tin composite core bullets. They just have to be fully committed to the industry they are getting involved in. It was during the late nineties and the early 2000s that Remington started to really acquire a debt load due to slumping sales. The addition of Remington Arms (and its associated groups) to CCM's previous purchase Bushmaster Firearms, April 2006, and later acquisition of DPMS Panther Arms prompted CCM to create the Freedom Group.2008 onwards had seen a general expansion of the companies under the Freedom Group banner following in… Remington Arms, the legendary American gun company, is being sold off to a number of other companies following its long, ... Storm Lake Precision Barrels and Parker Shotguns will go to the JJE Capital Holdings group which owns Palmetto State Armory and PSA Defense. What Edwards said is that Roundhill believes in the workers and the product, and now, the skilled workers at Remington have no barriers in the way of getting back to … Combining the finest components with game-changing innovation, Remington engineers are moving closer to perfection round by round. Simply put, when the company ownership doesn’t fully support the company, the products of the company and the industry the company is in, there’s not much hope that the products are going to fully live up to the reputation one would expect. When the company branched off into some additional, Remington-branded outdoor lifestyle products, Cerberus renamed Freedom Group to the Remington Outdoor Company to do a couple of things. Vista Outdoor Inc. is buying the biggest piece. 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