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Remington Arms Company, LLC, was an American manufacturer of firearms and ammunition. It was formerly owned by the Remington Outdoor Company, which went bankrupt in 2020 with its lines of business sold to several purchasers. Two resulting companies each bear the Remington name—the firearms manufacturer is Remington Firearms owned by RemArms ...
Remington filed for Chapter 11 bankruptcy protection in March 2018, having accumulated over $950 million in debt. Remington exited bankruptcy in May, less than two months after filing for protection under Chapter 11 laws. Remington's quick exit from bankruptcy was due to a pre-approved restructuring plan that was supported by 97% of its creditors.
Jonathan E. Aviv (son-in-law) Victor Kermit Kiam II (December 7, 1926 – May 27, 2001) was an American entrepreneur and TV spokesman for Remington Products, and the owner of the New England Patriots football team from 1988 – 1991. He was well known for his turnaround of Remington's fortunes, as well as for his commercials written by his ...
The company’s recent history has been marked by a lawsuit after the Sandy Hook school massacre and bankruptcy filings that led to new ownership of the Ilion plant, where the workforce has ...
America's oldest gunmaker, Remington Outdoor, filed for Chapter 11 to carry out a debt-cutting deal with creditors amid mounting public pressure for greater gun control. Fred Katayama reports.
Most local sportsmen know the Remington Arms origin story. Young blacksmith Eliphalet Remington built a barrel in Ilion in 1816, then walked to Utica to have it rifled. The legend is that he used ...
A gun factory in upstate New York with a history stretching back to the 19th century is scheduled to close in March, according to a letter from the company to union officials. RemArms, the current ...
Frederic Remington (cousin) Engineering career. Projects. Remington rifle. Signature. Eliphalet Remington (October 28, 1793 – August 12, 1861) was an American engineer who founded what would become known as Remington Arms. Originally the company was known as E. Remington followed by E. Remington & Son and then E. Remington and Sons.