Remington Firearms Invests $100M to Move from New York to Georgia

Luke C.
by Luke C.
Remington Firearms Invests $100M to Move from New York to Georgia

The Remington Firearms Company has seen a rollercoaster of moves, acquisitions, divesting and reorganization over the last year and it seems that the legendary firearms manufacturer isn’t done moving and shaking yet. The company announced on November 8th that it would be investing $100,000,000 into a new headquarters and research operation based out of LaGrange, Georgia, and will be hiring 856 people in the process over a 5-year timescale. Whether Remington Firearms invests in a new manufacturing line or is simply moving their HQ for tax benefits is unclear at this time.

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Remington Firearms Invests $100M to Move from New York to Georgia

Remington Firearms Invests $100M to Move from New York to Georgia

Now owned by Roundhill Group LLC, Remington has seen a lot of reorganization in order to bring the company up to scratch in terms of manufacturing capability, and profitability. Aside from the political implications that being a firearms manufacturer in New York imply, Remington has found that local benefits in the Atlanta Georgia area would allow the company to move its headquarters, as well as a brand new research operation to the area.

We are very excited to come to Georgia, a state that not only welcomes business but enthusiastically supports and welcomes companies in the firearms industry.”

  • Remington CEO Ken D’Arcy
The Current Ilion, New York Location

It is unclear at the time of writing how the headquarters move from New York to Georgia will affect the current operation in Ilion, however, one has to consider that Remington only recently restarted manufacturing operations by calling back over 200 workers who had been laid off. In addition, the state of New York has offered Remington 10-year’s worth of tax breaks in order to restart operations in Ilion and upgrade their facilities.

Remington’s new operation in Georgia will include several new facilities as well as some renovated facilities with local governments offering utility and infrastructure improvements as well as property tax abatements making this a very lucrative deal for the company.

Luke C.
Luke C.

Reloader SCSA Competitor Certified Pilot Currently able to pass himself off as the second cousin twice removed of Joe Flanigan. Instagram: https://www.instagram.com/ballisticaviation/

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  • TexianPatriot TexianPatriot on Nov 10, 2021

    The geniuses at Remington strike again.
    A company run this horribly that is still in business blows my mind. All of the problems they have had, bankruptcy, safety issues etc. Now, these same guys realize they are in a hostile state and what is the solution? Move to a different state, that is about to be hostile. Georgia is about to be taken over guys.
    Should have chose Florida, Texas, Oklahoma, the Dakotas, somewhere that is solidly red.

  • Leveller Leveller on Nov 12, 2021

    Nice! And how much?

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