#RemingtonFirearms

After the IWA Show (Internationale Waffen Ausstellung – aka IWA OutdoorClassics Show) in Germany, there has been a lot of confusion as to whether or not Remington Firearms (RemArms) is in business or not?… If they were bankrupt (yet again) or still viable. This cloud of confusion was due to the closure of the legendary Remington Plant in Ilion, New York. Remington Firearms’ CEO jumped on an unlisted YouTube video that was shared through their email newsletter to set the record straight.

The story about America’s oldest gunmaker continues. In our article published a few days ago about the Remington assets being divided Roundhill Group, LLC was mentioned as one of the successful bidders. Today it was made official that they have purchased Remington Firearms, and that the purchase includes “all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop.” So the question everyone is asking themselves is who are the people behind Roundhill Group? The Press Release gives some information and, probably most importantly, their intentions with Remington seems real and genuine. Hopefully they have the knowledge and skills to take Remington into the future.