remington arms

Remington continues to raise eyebrows following bankruptcy and the splitting of its divisions. Now, Vista Outdoor has announced the pending sale of the Remington ammunition line to a Czech company, Czechoslovak Group (CSG). The deal, if approved by the Committee on Foreign Investment, is worth $1.96 billion.

Breaking: Employees of Remington Arms in Ilion are reporting that they were informed on Thursday, that the Ilion plant - the birthplace of 200+ year old American gun company - will close permanently on March 4, 2024.

The former employees of the original Remington Arms in Ilion, now a dissolved company, recently received more bad news about their severance pay. It looks like there's not going to be all that much coming their way.

A person close to Remington Arms worldwide headquarters in Georgia says that an internal memo released on Wednesday, states that the Model 700 production line will be exiting Ilion and moving to Georgia.

A massive two-house fire on East Clark Street in Ilion shocked bystanders in the village on Monday as the blaze burned just about 100-feet from the Stewarts gas station.

Remington Arms has reached an agreement with the families of five adults and four children killed in the 2012 massacre at Sandy Hook Elementary School.

The case is unique in that it aims to lay financial liability at the feet of gun makers who make firearms that are then used illegally or for criminal purposes by an individual.

One local business is stepping up big to help those Remington Arms employees who found out over the weekend they were terminated.

Nearly 600 employees of Remington Arms were officially terminated as part of the recent bankruptcy sale, effective Sunday, October 25th. Employees say they found out by telephone. That's essentially the bulk of the workforce at the Ilion plant, although some workers like machinists, maintenance and custodial workers have been called back to work.

In a memo to employees on Tuesday, the CEO of Remington Arms explained yesterday's bankruptcy filing and said the company will most likely go up for auction in September.

The rumors about Remington Arms filing for bankruptcy again are true. On Monday, America's oldest gunmaker filed a Chapter 11 petition in U.S. Bankruptcy Court in Alabama for the second time since 2018.

According to employees at Remington Arms Company in Ilion, an unscheduled furlough is going into effect following scheduled shifts this Friday, July 17th.