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View Full Version : Remington Leaves New York



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.

.455_Hunter
02-12-2024, 10:56
Regardless of the politics, 100-150 year old multistory industrial buildings designed and constructed around the common shaft / belt drive system of operation with smaller individually operated machines are extremely difficult to adapt to modern large CNC multiaxis stations.

If they need a new facility, might as well build it in a location that wants you to be there.

ray1970
02-12-2024, 11:04
If they need a new facility, might as well build it in a location that wants you to be there.

And I would imagine large industrial properties are likely cheaper in Georgia than New York.

flogger
02-12-2024, 11:41
Comparing the state taxes between New York and Georgia, it sounds like a good move.
Hopefully, the community can make use of the buildings, and they don't end up like those auto plants in Detroit.

beast556
02-12-2024, 11:42
Good, should of made the move 30+ years ago.

Oscar77
02-12-2024, 12:24
Good, should of made the move 30+ years ago.

QFT...............

.455_Hunter
02-12-2024, 13:41
Hopefully, the community can make use of the buildings, and they don't end up like those auto plants in Detroit.


Coming soon... Remington Lofts

rondog
02-12-2024, 14:57
New York is a beautiful state with great people! But the state government can blow goats, total bunch of domineering assholes bent on control. I loved touring Turnbull's and I'd work there in a minute, but I'll never live in that state again.

BushMasterBoy
02-12-2024, 15:56
Where else could they warehouse the illegal immigrants? Ilion,NY is perfect. Away from the rich elite of NYC.

eddiememphis
02-12-2024, 17:51
I think Kilgore Trout used to live near there.

flogger
02-12-2024, 19:17
it would be cool to take a tour of that place.

Ah Pook
02-12-2024, 21:58
Sad that a long time gun maker has to leave the state they have been in for two centuries. I hope GA embraces them and they make a great success in a new place.

Hummer
02-12-2024, 23:15
Eventually, all US gunmakers will have to move to Mexico where the cartels will embrace and subsidize them.