The company also purchased the Remington barrel-making. 2 dimpledblk 2 yr. ago Still have it. Where can I get a barrel for the H&R 1871 New England Pardner 12 gauge pump shotgun. Were deep in negotations with the state, trying to come up with some sort of compromise to build a new facility, said Italia. The carmaker's new patent is raising some eyebrows. Any idea who has the parts for shotguns and rifles? Like both brands but Ruger is my company. The Roundhill Group LLC bought the gunmaking division with the exception of the Marlin line, which was auctioned to Ruger. I understand people need jobs to survive, he said. [8] In December 2013, according to Reuters, its sources stated that Round Hill and its fellow co-owners of Vitus Immobilien were in negotiations with Deutsche Annington on selling Vitus to the latter. suns the valley sweatshirt; long-form content statistics; state of play april 2022; manchester united vs wolves 2011; lovevery shape sorter It is one of the oldest firearms companies and to have this opportunity to invest my time and energy to revitalize the brand that I love and truly believe in is a dream come true. Remingtons factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. Ruger with their talent for great quality control and reasonable prices could bring new life to Marlineither under the Marlin name or as Ruger producing their own branded lever-gats. One was the Roundhill Group LLC, which bought Remingtons non-Marlin firearms business for $13 million, a deal that included two factories. It needs to start local first so start a petition in your home town. We'll only use the information provided according to our privacy policy. Refineries for arson victims? According to the court documents, the winning bid was for $13 million and this has been approved by the US Bankruptcy Court of the District of Northern Alabama. He has hunted all over the US and abroad. Right now if you want a lever-action rifle your main choices are Marlin, Winchester (if you can find one), Henry, Italian-based companies doing reproductions like Uberti, or some very questionable Rossi rifles out of Brazil. Tapco never made outstanding products, but they werent bad either. We already have an account registered for email address Roundhill Group LLC purchased the Ilion operation minus the Marlin line in a bankruptcy sale. Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding . Thank you Remington. I feel extra fortunate to have acquired, last year, a new Remington 1911-A1 (WWII GI-style reproduction). Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. The bid includes Barnes' Mona, Utah location. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. Steve is absolutely correct. The idea of them owning Marlin should be awesome news for all of us. 2023 Industrial Media, LLC. Subscribe to receive the latest information. Maybe even get an expansion under new ownership. All Rights Reserved, Ruger, Vista, PSA, Tentative Winners in Remington Breakup. Finally refused to even consider them regardless of the price. Publicly Traded Partnership - PTP: A business organization owned by two or more co-owners, that is regularly traded on an established securities market. And stay in touch with newsletters of our best articles on techniques, guns, & gear. Select what level shooter you are! Metal Plant Explosion Kills Maintenance Worker. Of anyone that could have bought Barnes, Im glad it was Sierra. Suppressor-maker AAC, likewise will go to JJE pending court approval. Absolutely ridiculous trying to get any information Im sure as you have calling the bankruptcy line they have no answers. Some savvy metaverse visionaries and Roundhill Investments have registered a Metaverse ETF. When Lionel toy trains were made in MIchigan the workers were represented by the United Auto Workers union. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. ezetimibe-simvastatin side effects men's casual shoes size 9. is roundhill group llc publicly tradedwayne county school boardwayne county school board I wasn't happy with Ruger for a long time because of that. Makers of single-shot rifles and shotguns. Some reports had them as a property management company in Virginia which just didnt quite fit. Trump wins, and the riots grow exponentially, driving even more non-gun owners to face the reality of, and purchase in preparation for, violence at their door. The main takeaway regarding Roundhill Group and its view of how Remington should be run is pretty simple. leather racer jacket men's. pro kabaddi 2022 final match highlights; cheap places to travel in may 2022; cska moscow vs fk nizhny novgorod h2h; piper's rest edinburgh. The plant will reportedly start production with the Model 870 shotgun line. Will Rem Oil be discontinued? Reading up about them, Im surprised they even entered this cat fight. shaka wear graphic tees is candy digital publicly traded ellen lawson wife of ted lawson restaurants in west covina mall. I've heard the 870 Remington is the sister of the 1871 H&R will they work with it. Ford Vehicles Could Soon Repossess Themselves. There has been a lot of speculation on the Roundhill Group that purchased the non-Marlin firearms business of Remington Outdoor Company. We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoorsmen and women both here in the USA and abroad. Maybe well even see something totally different like a new line of Parker Bros shotguns or Ruger lever-action rifles. They are all life-long hunting advocates and staunch Remington brand loyalists. Since then, Roundhill has pursued plans to re-open the plant, but delays caused them to renege on a March plan to bring production workers back in. Personalize your experience. Maybe Franklin bought them for the name, maybe they got some manufacturing bits out of it, were not sure yet. - Market Realist. Let us know in the comments! The offers said they would receive the same salaries they had been making, but there would be some changes to the health plan and workers would be employed at will, which could deny them due process if they were terminated for any reason. Best thing Tapco ever made. Google Shuts Down Its Trash-Sorting Robot Division. This week, Syracuse.com reported that Roundhill has called 230 workers back to the factory. The problem is that intellectually corrupt leftist judges invented out of whole cloth a tortured rationale to allow the suit to proceed in spite of the law. Term limits for every politician and judge no more than two terms just like the president. Apollo Education Group, the publicly traded owner of the University of Phoenix, Western International University and College for Financial Planning, said Wednesday it completed a deal to be taken . Remington's factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. HOUSTON, Aug. 12, 2022 (GLOBE NEWSWIRE) -- CENAQ Energy Corp. (NASDAQ: CENQ) ("CENAQ"), a special purpose acquisition company focused on energy and energy transition, and Bluescape Clean Fuels. Are they even a thing anymore? Round Hill Capital LLC ( RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. Roundhill Group Acquires Remington. With their ability to make economical options for the masses, I think this could be very beneficial to the people. Eh really too soon to tell. How have BETZ shares performed in 2023? I could certainly have done better! I dont see how it can as it appears that none of the pre-bankruptcy legal liabilities were assumed by any of the bidders in the bankruptcy auction. ** Roundhill Group, LLC specializes in real estate development. Guess the 35 Remington made in 1938, that I bought it in 1962 and my falling block 22 rifle model 4 made in 1913 now have a special place in the safe, As long as they make lot's more V3-TAC13's I'll be happy. Remington bought LAR Manufacturing, producer of the LAR Grizzly .45 Win Magnum pistol, and then promptly shut them down. The Roundhill Group which bought Remington Arms in the bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st. There is numerous other ammunition companies out there. This is what happens when big corporate holding companies buy up iconic brands. To bad! But the old, failed Remington had one more kick in the pants for our members. . However, I was later told that was a specific-to-Bill-Ruger thing, and that the company was completely different after he was gone. C corporations are the most common type of . The election consequences make the ramp-up investment a no-brainerBiden wins and the ban threat will grow exponentially, driving sales. Nonetheless, they will be getting the non-Marlin firearms business which would include Remington itself and presumably Dakota Arms. What does this mean for the warranty on the AAC products? Does anyone know who now owns the Para/Para-Ordnance pistol production rights and if such guns are still being made? These brands names mean almost nothing anymore. JJE is the parent company of Palmetto State Armory. A 1,498-page Notice of Successful Bidders filed with the court on the morning of Sept. 27, pending a court date later this week, details that America's oldest gunmaker's assets will likely be scattered and absorbed by several other household names. Even though Remington has been butchered I hope to see its remnants keep producing. The startup will also lay off 300 employees. What Cerberus put together to eventually form Remington Outdoor Company aka Freedom Group, the US Bankruptcy Court for Northern Alabama is taking apart. Community Rules apply to all content you upload or otherwise submit to this site. The division was developing a fleet of one-armed robots on wheels to handle menial tasks. Seems, however, that while the contract and pension obligations were part of the Roundhill acquisition, the employment obligations werent. DPMS was a great little company, until Remington acquired it. Remington ammo like their UMC line is about the only Remington product Ive bought in the last 10 years. All rights reserved (About Us). These investment firms have so diluted these once great manufacturers and nothing is anywhere near as good quality wise as it was 20 years ago. Thank you. Plaintiffs declined. Remington hasnt said what its drive to throw its assets on the bankruptcy auction block would mean for the Sandy Hook lawsuit or for company retirees who crowded into a session with bankruptcy administrators, asking what would become of their benefits. Thanks! They purchased Remington which owns AAC and AAC has had my suppressor in for repair since early July. Round Hill Development Group | Jupiter FL | Get a Bid publicly traded esports teams - link2feed.com, Will Remington Still Make Guns? His reason for purchasing Remington Firearms: Remington, to me, represents the Harley Davidsons of the hunting firearms industry. Maybe JJE got it as a package deal, buy 4 brands get 1 free? Honestly, I dont know what to make of this and Im all sorts of confused. On top of that, the first replacement trigger was no better than the original. These guys could be gun guys with some background in manufacturing and want to make it work or they just want to disassemble it further for the value of the parts (real estate) if they got it for very short money. Remington bought Parker Bros. in 1934, but it went defunct in 1942. This is the investment firm that in 2019 bought Savage Arms from Vista Outdoors. Blackstone has been a publicly traded partnership since its IPO in 2007. I guess we might see a line of budget single-shot firearms from PSA in the next few years? Indie free Minimalist WordPress Theme developed by Template Express 2023, Type your search keyword, and press enter to search, Remington Outdoor Company Bankruptcy Update, halted a lawsuit brought by the families of some of the Sandy Hook victims. Ilion has always been Remingtons home and we are proud of that history. We need to research and remember the politicians involved that got that lawsuit pushed through and vote them out. Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding the acquisition: As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals are in the process of purchasing Remington Firearms. Lancaster, PARoundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Weve got a dedicated section for the AR-15 here. Seems logical, but theres not a lot of logic in deals as complicated as this. Vista getting Remington's ammunition manufacturing is a bad deal for the consumers since it creates a monopoly, they already have Federal and CCI, and with less competition, we could have prices increase. My Jim Shepherd connection indicates there are plenty of folks in the same boat and nobody can get through to those responsible. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. The Ilion factory and firearm-related assets were subsequently purchased by Roundhill Group and just before the holiday season it sent letters to 200 of the plant's former employees asking if . As to which firearm they will start producing first, Shooting Illustrated reports that it will be the 870 shotgun. You'll now receive newsletters of our best articles on techniques, I was saving money to buy a new LAR Grizzly when Remington bought them out and would love to have a new version. Museum and giftshop remember the politicians involved that got that lawsuit pushed through and vote them out lot... Jje pending court approval FL | get a bid publicly traded ellen lawson of... Now owns the Para/Para-Ordnance pistol production Rights and if such guns are still being made by. 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