Who bought out Remington Arms in 2021?

Investors doing business as the Roundhill Group purchased the Remington-branded gun-making business, including operations in Ilion, New York, and Lenoir City, Tennessee for $13 million.

Who bought Remington ammunition in 2021?

Vista Outdoor, the company that owns ammunition makers Federal, Speer and CCI, purchased Remington's ammunition business based in Lonoke, Arkansas, as well as certain intellectual properties. It agreed to pay $81.4 million.

Is Remington Arms still producing firearms?

Nick Sachse, the director of product management, has been at Remington for 29 years and told me the plant is running 24/7 at about 80 to 90 percent production capacity. “Never in the history of this company has there been more demand for our products than there is today,” Sachse says.

Will Remington make guns again?

Remington Firearms may be rising from the ashes of its bankruptcy last year. The new company will be known as RemArms and company officials claim we may begin seeing Model 700 rifles and Model 870 shotguns at sporting good retailers yet this fall.

Is Remington still making guns in 2022?

“The launch of our new products for 2022 will help usher Remington into a new era,” said Joel Hodgdon, Director of Marketing for Remington Ammunition. “We are innovating to give hunters and shooters even better ammo choices. Our team in Lonoke, Arkansas is working 24/7 to produce both old favorites and new offerings.

An update on Remington Firearms

Is Remington producing ammo again?

The facility, as well as the employees that work there, have gone through a lot in recent years, but they are making a very strong comeback in 2021. While the Remington brand has been through a lot the last few years, Remington Ammunition is back and running strong.

Did Vista buy Remington?

In mid-October, Vista Outdoor, based in Minnesota, closed on its acquisition of Remington's ammunition production facility, along with the Remington brand and trademarks. Vista Outdoor paid $81.4 million for the assets as part of Remington's bankruptcy proceedings.

Who bought Remington Arms in Lonoke Arkansas?

Minnesota-based Vista Outdoor Inc. is the successful bidder for bankrupt Remington Outdoor Company's ammo production facility in Lonoke for $81.4 million. Vista Outdoor includes a wide variety of brands including optics and ammunition makers.

Who took Remington Arms?

Investors doing business as the Roundhill Group purchased the Remington-branded gun-making business, including operations in Ilion, New York, and Lenoir City, Tennessee for $13 million.

Who bought Remington shotguns?

On July 28, 2020, Remington filed again for Chapter 11 bankruptcy protection, and its assets were divided up and sold to various buyers. The Remington brand name was bought by Vista Outdoor, which uses it to market several types of ammunition.

Who owns Palmetto State Armory?

Palmetto State Armory founder and CEO Jamin McCallum tells the story of how it all began and where Palmetto State is going. Jamin also shares his main motivation for creating an American made firearm that carries an unlimited lifetime warranty.

Who owns Hornady ammunition?

History. The company is currently run by Joyce Hornady's son, Steve Hornady, who took over after his father's death in a plane crash on January 15, 1981.

Who owns Vista that bought Remington?

Vista Outdoor Inc. is acquiring the ammunition business of Remington Outdoor Company. Anoka-based Vista Outdoor will leverage its expertise and resources to transform Remington's ammunition and accessories businesses to create a more efficient, profitable and sustainable operation, said Vista Outdoor CEO Chris Metz.

Will the ammo shortage end in 2022?

Will the Ammo Shortage End in 2022? Now that you know why the ammo shortage persists, you might be wondering when it will end. Unfortunately, many ammo dealers expect the shortage and price hikes to continue into early 2023, especially if more Americans keep buying guns.

Did the Remington factory reopen?

In April 2021, the former Remington Arms plant in Ilion reopened under its new ownership, and about 65 former employees had returned to work. The move came after United Mine Workers of America and RemArms, the plant's new operator, reached a letter of agreement that paved the way for reopening the plant.

What happened to Hornady?

A security camera at Platte Valley Communications caught the fire as it happened on camera. The explosion at Hornady Manufacturing happened on Father's Day weekend. Investigators say it started in a shipping container that contained smokeless powder. It was ruled accidental.

Did Ruger buy Marlin arms?

The first Ruger-made, Marlin lever-action rifle: the 1895 SBL chambered in . 45-70 Govt. When in 2020 Ruger officially announced the purchase of all of the Marlin Firearms assets from Remington Outdoor Company, Inc., Ruger President and CEO Chris Killoy assured that the Marlin brand and its products would live on.

Is Ruger producing Marlin rifles yet?

Sturm, Ruger & Company, Inc. (NYSE: RGR) is pleased to announce the initial production and shipment of Ruger-made, Marlin lever-action rifles. Just over a year after acquiring the assets associated with the Marlin brand, Ruger is shipping the first Marlin model, the 1895 SBL chambered in . 45-70 Govt.

Why is Palmetto State Armory so cheap?

Palmetto State Armory uses bulk pricing to reduce their manufacturing costs and offer better prices to their customers.

Did PSA buy DPMS?

They also manage a number of different brands including, DC Machine, Ferrous Engineering, Lead Star Arms, PSA Defense, Palmetto Outdoors, Special Tool Solutions, and Spartan Forge. In September 2020 JJE Capital also acquired DPMS, H&R, Stormlake, AAC and Parker brands from the Freedom Group bankruptcy auction.