Posted on 12/04/2023 12:04:27 PM PST by Navy Patriot
The Observer-Dispatch reported Friday that RemArms, formerly the Remington Arms Company, will be closing its historic gun manufacturing facility in Ilion, New York, this coming March, following a settlement reached a year ago with Sandy Hook families.
"I am writing to inform you that RemArms, LLC ('the Company') has decided to close its entire operations at 14 Hoefler Avenue, Ilion, NY 13357 (the 'Ilion Facility')," a letter from the company sent to union officials on Thursday read. "The Company expects that operations at the Ilion Facility will conclude on or about March 4, 2024. The Company did not arrive at this decision lightly."
Remington, the nation's oldest gun manufacturer, was founded 1816 in Ilion. In recent years, the company has struggled with financial difficulties. It has filed for bankruptcy twice and, in 2022, agreed to a $73 million settlement with families affected by the Sandy Hook Elementary School shooting. This case marked the first instance of a gun manufacturer being sued and having to pay out for a mass shooting. Remington manufactured the rifle Adam Lanza, the shooter, used to take the lives of 20 children and six adults.
(Excerpt) Read more at newsmax.com ...
I understand the shooter had a troubled hone life. I’d have to go on internet for details.
Very true. They missed out on making modern handguns and rifles and then missed out on making lever action rifles which had an increase in popularity due to cowboy action shooting.
For cowboy action shooting, there was room in the market for their 1890 Single Action Army which Uberti made faithful recreations of.
There would have also been a small but proud market for their M1903 Springfield and M1917 Enfield rifles although the licensing issues may have prohibited that.
They were running on fumes selling the 870 shotgun and the 700 bolt action rifle.
For all their significant shotgun expertise, they missed the opportunity to make AR-12s which they could have parlayed into military and law enforcement contracts.
It is my understanding that it was the liability insurance carrier that settled with the Sandy Hook victims’ parents and relatives.
I would think that, if Remington had not been in bankruptcy and had control of their own fate, they would have fought it and, likely, won.
Go here for a discussion that, in my opinion, sheds a lot of light on the subject: https://bearingarms.com/tomknighton/2022/02/21/sandy-hook-settlement-n55662
Can’t wait to sue the auto manufacturers the next time someone runs into me.
As I recall, he was a seriously mentally disturbed. He never should have been allowed any access whatsoever to firearms. The weak link in the chain was his own Mother. She enjoyed shooting sports AND was overly trusting of her unhinged son. She both taught him how to shoot and, if I remember correctly, allowed him ready access to her own guns.
They sold the NY facility and announced a move of its HQ to LaGrange, Georgia.
Excellent! Move it to America. But they shouldn’t have caved to that filthy lawsuit.
There are still a couple of major manufacturers in filthynois...of all places.
I believe that great companies stay great by promoting people interested in the product. For instance, want a great car company- hire car guys. Finance and legal people can keep you out of the ditch, but a focus on the product is what keeps you in the business.
Ammunition or firearms manufacturing ?
There are still a couple in the NE. Sig is still in NH and Ruger in CT.
Sixty years ago congressmen from the New England states got the ball rolling by demanding an end to the import and sale of 5 shot bolt action army surplus rifles, because one was used to kill President Kennedy.
In reality they wanted the import banned to protect their own gun industries from cheap competition. After all, how can a Hunting Rifle company selling a rifle close to $90 compete with imports costing $12?
But eventually that ball ended up destroying the NE gun industry with demands for more and more and more anti-gun and anti-hunting demands.
Need to reopen all the mental hospitals closed in the 1970s. Only three mass murders before then, one Howard Barton Unruh in New Jersey, with a Luger pistol, Richard Speck in Chicago with a knife, and Charles Whitman in Texas, with a bolt action hunting rifle. And none used a semi-auto rifle which had been on the markets since 1903.
After the crazies were released on the streets the mass murder rate took off like a rocket. Almost all would have been in a mental hospital if the mental standards of the 1950s were still enforced.
Look at the good side of it! IF there is ever another Civil War between North and South, THIS TIME THE SOUTH will have all the gun manufacturing and the NORTH practically none!
Of course they left New York. Cost of doing business and an old outdated facility caused it. It had nothing to do with Sandy Hook. They would have left regardless.
“Or a wife who loves shopping on 5th Avenue. :)”
That would be a 4 hour drive.
New York is not New York City.
Parents divorced, he killed his mom and used her rifle in the massacre. Yeah.... troubled.
Rock River Arms, and Springfield among others.
Looks like located well clear of Chicago.
In the event of another National division, they would likely be in the Red areas.
(I like how Springfield has a website for “Illinois compliant”. They are building a bunch that are not allowed to be sold in their home state...)
Don’t give them any ideas.
100% in agreement! I keep firearms at home myself, as do (I believe)) most freepers. In NO WAY do I advocate banning responsible gun ownership. What I advocate is quickly and firmly targeting (pardon the pun), the violent, the criminal, the insane and drug and alcohol users.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.