OCT.2, 2020--
Edwards and Roundhill intend to keep the people at Remington who know how to make guns and let them do exactly that. Roundhill wants to act as a traditional board of directors, letting management do what they know how to do best…build quality firearms for America’s hunting and sport shooters. And they want to let them do that without meddling from above in day-to-day operations. Edwards says Roundhill is well fixed for capital with no bank debt. That alone will be a big change for Big Green. And they intend to keep producing firearms in Ilion, New York, where the company has been operating since 1816.
Roundhill is due to close on the deal on Monday and Edwards told us he wants to get the Ilion workforce back from furlough and turning out firearms again just as fast at they can get all of the paperwork completed with the ATF. They’ll keep the Sturgis, South Dakota and Lenoir City, Tennessee facilities, too, and they’re in discussions with the city of Huntsville to maintain that newer production facility as well.
In short, he wants to make sure that Remington’s people — finally, once again — have the resources and tools to do their job and make guns again the right way, the way that sustained them for generations and that earned the brand the trust of millions of gun buyers. When I asked him if there was a message he’d like to convey to the gun-buying public Edwards declined. He said he doesn’t want Roundhill or Remington to talk, he just wants them to do.
Gotta love those investment firmsDon't forget Remington was first bought Ceribus...........Milked dry, borrowed against and left to die .
“It is extremely disappointing to hear that RemArms LLC is closing its Ilion plant. The workers in Ilion enabled RemArms to rise from the ashes of the Remington Arms bankruptcy in 2020-21. Without these workers and their dedication to producing the best firearms in the world, this company simply would not exist.
“Our members, the community, local political leaders and the UMWA worked tirelessly to keep this facility open and to return the workers to the jobs they have had for over 100 years. The RemArms Ilion plant is the birthplace of America’s oldest gunmaker, which first started making guns there in 1816.
“This announcement by the company is a slap in the face to all of them. The timing adds insult to injury for those affected. Merry Christmas from RemArms.
“The simple fact is that RemArms will never be able to match the experience and dedication of the workers in Central New York, who for generations worked in this plant and kept this company alive.
“We urge RemArms LLC to reconsider this decision and explore alternative solutions that would allow the Ilion plant to remain operational. The extensive cleanup for abandoning this plant could potentially cost the town of Ilion and the state of New York a massive amount of money.
“As the affected workers and their families face an uncertain future, the UMWA rallies behind them, offering support and solidarity. The UMWA is committed to exploring all legal avenues to keep these union jobs where they belong, in Ilion, New York. Together, we will continue to fight for justice and the preservation of their jobs.”
-United Mine Workers of America (UMWA) International President Cecil E. Roberts