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The origins of the "Remington" name date back to the formation of E. Remington and Sons, a firearms maker founded in 1816. E. Remington & Sons made occasional forays into products other than firearms, such as sewing machines and farm implements—but its most significant side venture was when inventor Christopher Sholes persuaded the firearms company to help him develop the typewriter with the ...
Sperry Corporation sold the division in 1979 to Victor Kiam, who became the company spokesman of the new Remington Products Company. His line, "I liked the shaver so much, I bought the company" became one of the more memorable advertising slogans of the early 1980s. Remington Products was sold in 2003 to the battery manufacturer Rayovac.
He made a fortune as the President and CEO of Remington Products, which he famously purchased in 1979 after his wife bought him his first electric shaver. His purchase of Remington is considered an early example of a leveraged buyout. [5] Remington, which had lost $30 million in the previous three years, made a profit in his first year as owner ...
In 1999, eye-care giant Bausch & Lomb sold the brand to Italy’s Luxottica, and the stylish shades have since been made there and in China. ... Schwinn produced and sold lightweight U.S.-made ...
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...
Remington Outdoor Company, an American firearms manufacturer and holding company, 2007–2020; E. Remington and Sons, an American manufacturer of firearms and typewriters, 1816–1896; Remington (personal care brand), an American manufacturer of shavers and haircare products, founded 1937; Remington College, an American chain of private schools
Though guns historically have been Ilion's prime product, Remington also made typewriters, sewing machines and other consumer items. Cerberus Capital Management purchased Remington Arms in 2007 ...
The patent (U.S. 79,265) was sold for $12,000 to Densmore and Yost, who agreed with E. Remington and Sons (then famous as a manufacturer of sewing machines) to commercialize what was known as the Sholes and Glidden Type-Writer. Remington started production of their first typewriter on March 1, 1873, in Ilion, New York.
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