eddiememphis
02-12-2024, 10:34
https://fortune.com/2024/02/11/is-remington-in-business-who-owns-leaving-new-york/?utm_source=search&utm_medium=suggested_search&utm_campaign=search_link_clicks
The nation's oldest gun-maker recently announced plans to shutter the factory in the company's original home early next month, citing the steep cost of running the historic plant. Remington is consolidating its operations in Georgia, a state the company says is friendlier to the firearms industry.
The current owners of Remington Firearms, RemArms, blamed "production inefficiencies" for the plant closure in a Nov. 30 letter to union officials.
RemArms added that Georgia offered an environment that better "supports and welcomes the firearms industry."
CEO Ken D'Arcy also said in a news release that the industry was concerned about the "legislative environment" in New York.
Hopefully, they can rebound and stay in business.
The nation's oldest gun-maker recently announced plans to shutter the factory in the company's original home early next month, citing the steep cost of running the historic plant. Remington is consolidating its operations in Georgia, a state the company says is friendlier to the firearms industry.
The current owners of Remington Firearms, RemArms, blamed "production inefficiencies" for the plant closure in a Nov. 30 letter to union officials.
RemArms added that Georgia offered an environment that better "supports and welcomes the firearms industry."
CEO Ken D'Arcy also said in a news release that the industry was concerned about the "legislative environment" in New York.
Hopefully, they can rebound and stay in business.