Remington has always been there for the hunters, Most of the former Remington employees are members of UMWA Local 717. He has held positions with leading outdoor companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others. Compare Top Brokerages Here. Maybe with new management with hunting roots they will understand to manufacture of guns such as a good 410, 28, 20 and 12 gauge guns like they always did and resurrect the 3200 in such gauges. Find the latest Meta Platforms, Inc. (META) stock quote, history, news and other vital information to help you with your stock trading and investing. Roundhill Group LLC has not filed any forms with the United States Securities and Exchange Commission. He works Monday, and Wednesday thru Saturday. I dont need nor want yet-another-AR15 manufacturer among the myriad of them (but if they want to try they are welcome to), but I wouldnt mind seeing some other modern rifle or shotgun designs. Article continues below advertisement It was after the Dec. 2012 shooting at Sandy Hook Elementary School that then. Remember me on this computer. 828-399-0976. Reality? Roundhill Group was one of seven buyers in Remington's bankruptcy sale. They treat their work force in Arizona as less than human. Sure they make ARs, but who buys em? They are all life-long hunting advocates and staunch Remington brand loyalists. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Provider of investment advisory services intended to offer investors targeted, pure-play exposure to the investment themes of tomorrow. Multiple Cuomo regimes have done a good job of that. There isnt a gun manufacturer in East Tennessee at all actually since SCCY backed out of moving to Maryville (about 15 mins from Lenior City and Knoxville) last month. All of them bought maybe 30-40 years ago, and have never had a problem with any of them. Former management seemed intent on fleeing the high tax and organized labor state of New York for friendlier climes in the south. Our members in Central New York have been through a lot the past year, Roberts said. Uh JMB has been dead for nearly 100 years. This proud tradition that began with Eliphalet Remington's first hand-built rifle in 1816, continues today through RemArms. To be able to deliver this, we recognised the need to create a different type of real estate company with a unique approach to: Driven by our expertise in the accommodation sector, we have a strong local footprint that delivers unrivalled consumer and investment insights. Social Media Disclaimer Polymer-80? Edwards says Roundhill is well fixed for capital with no bank debt. A high-level overview of Meta Platforms, Inc. (META) stock. Ive been buying, owning and using Ruger guns for almost a half century. . Only the R51 had issues, the other two are wonderful. Remington innovation was always ahead of its time, as evidenced by a rich history and long line of legendary firearms. Is Roundhill Sports Betting & iGaming ETF a good dividend stock? and our Today it was made official that they have purchased Remington Firearms, and that the purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. So the question everyone is asking themselves is who are the people behind Roundhill Group? If Roundhill can do that if they restore Big Green and their venerable products to the place of pride they once enjoyed that will be a big plus for Americas gun-buyers and for the industry as a whole. Learn more . The Roundhill Group is made up of a group of people with years of combined experience in marketing, production, and engineering, both inside and beyond the realm of weapons. We offer opportunities to excel within a diverse team rich in talent and innovative ideas. 2.) They suffered many setbacks. They have a long hill in front of them, but I wish them the best of luck. My son has an R51 and other than saying its a bitch to disassemble/reassemble, hes had no complaints. I heard. Efficient deployment and management of services, including investment management, asset management, property development and property management, ensure we can bring our ideas to life and effectively manage capital. Roundhill Group partner, Richmond Italia, said the company plans to bring back 200 employees by the first day of production. This was Remington, after all. Instead, we look at the best combination of sector, country, city, asset type and investment structures, to ensure we are creating the most value for everyone involved. Date Recorded: Party: Role: Document Type: Document No. I wonder why all the videos of Bills testimony have disappeared from the internet. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. For all other registered brokerages, contact them directly to invest. Roundhill Sports Betting & iGaming ETF's stock was trading at $14.31 at the beginning of the year. Roundhill and all other ETF brands are ranked based on their estimated revenue from their ETF business. For more information, please see our Legal Disclaimer The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. I watched them with my sons, and guess what, they will not own a Ruger product also. I believe they are talking about Springfield Armory and Rock River trying to cut themselves a sweetheart deal here in the once great state of Illinois. Still own several 700s. If you are interested call 605-341-5211 and ask for Mike Blote. 1.) Free and open company data on Virginia (US) company The Round Hill Group LLC (company number S3855261), 17736 Marbury Circle, Round Hill, Virginia, 20141-0000 Sturm, Ruger, & Co. bought Marlin firearms. Haha I love 30 mins away. The Huntsville plant couldnt make it with Bushmaster, DPMS, AAC and (rimfire) Marlin working in it. Please log in to your account or sign up in order to add this asset to your watchlist. To ensure all our stakeholder interests are aligned, we don't take a one size fits all approach. The Roundhill Group Wants to Make Remington Great Again, llegal Arms Dealer Who Sold Rifle to Odessa, Texas Mass Shooter Pleads Guilty, More Big #GUNVOTE Contributions to NSSF from Magpul, Federal, Benelli and Others, State, Federal Lawmakers Trying to Put the Brakes On Credit Card Companies Tracking Firearm Purchases, Oh, The Humanity: Latest Polling Shows a Majority of Americans Now Oppose an Assault Weapons Ban, Brownells Giving Away $12,000 in Guns and Gear to Celebrate Their New Site Redesign, https://www.blackwaterworldwide.com/products-1/sentry-12-tactical-shotgun, https://www.facebook.com/30788278263/posts/10158031840748264/. Outside of my lone 870, doubt Id ever roll the dice on.a Remington again. Roundhill Acquirers Deep Value ETF's stock was trading at $30.1858 at the start of the year. Our company values and strategies are intertwined with our approach to ESG, ensuring that we deliver our investment goals, while supporting the issues that are important to our business partners and wider society. Privacy 56.4K subscribers In this special episode of Firearms Industry News, we go into detail on who the mysterious purchaser of Remington's assets is: a company called Roundhill Group, run by Scott. Ilions fix? BIG Sectors (coming soon) Learn more! Round Hill provides services throughout the Europe. I hope Roundhill is for real and turns it all around. Roundhill Group Acquires Remington Big Green's Ilion, New York, manufacturing facilityalong with its barrel-making plant in Lenoir City, Tennesseehas been sold to Roundhill Group, LLC for $13 million. Wasnt Cuomo calling them non-essential and not allowing them to work, even when they volunteered to switch to making PPE? 1100s and 870s are my favorite repeating shotguns. I do hope this effort to restore Remington is 100% successful. A wage is an hourly rate and a salary is a fixed regular payment. Mossberg got the nod on my recent shotgunm purchase, and Savage got top spot for the rifle. Roundhill Group LLC purchased Remington's gun factory in the Village of Ilion, NY, and the handgun barrel factory in Lenoir City, TN, for $13 million. The only REMS I own are all new since 2014. That would be a pretty silly way to introduce yourself to your newly acquired workforce hi we own the company now just so you know we plan to shit can you all and close this facility down you know they cant say that even if they are open to the idea and since the article does say they are in talks with the facilities in Alabama and TN to reopen them ASAP, they obviously see the value in being in friendly territory. I like the idea of vintage Remington, but will not buy any of their wares unless/until (1) entirely new management that knows what theyre doing takes the helm and (2) they get at least five years worth of positive reviews under their belt. The historic purchase officially concludes an era kicked off by Cerberus, ending in two bankruptcy filings and a mass sale of all brands. Sturm, Ruger, through its Pine Tree Casting, Uni-Cast, and Ruger Investment Casting divisions, is also engaged in ferrous, aluminum, and titanium precision investment casting for customers in the aerospace, sporting goods, and other industries. Our ETFs Roundhill ETFs trade on primary U.S. exchanges, offering intraday liquidity to investors. They all have a strong affinity for hunting and have supported Remington for their entire lives. The Press Release gives some information and, probably most importantly, their intentions with Remington seems real and genuine. Carefully consider the investment objectives, risks, charges and expenses of Roundhill ETFs before investing. Companies like Ruger, Palmetto State Armory, Vista Outdoor, Sierra Bullets, Franklin Armory and Sportsmans Warehouse are well known and trusted names. Sponsored. Richmond Italia of Roundhill Group LLC, the company that purchased the plant at auction last year, explained they have sent out offers to 200 former workers, of which most were accepted . 1 before its goes out the dooror hangs on the wall in celebration of the milestone. Full circle. You can follow any responses to this entry through the RSS 2.0 feed. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. When I asked him if there was a message hed like to convey to the gun-buying public Edwards declined. The Company offers investment management, asset management, and other real estate services. Leave the 1911s and ARs to the 9,000 other companies not making any money in an over super/saturated market. These include risks related to investments in small and mid-capitalization companies, which may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. I work at the plant that makes the wood products. His partners have similar experience working with a variety of industry names you know and Roundhill is currently working with companies like Blackwater and Polymer 80. I see no issue with that. Italia reported early in January that Roundhill Group LLC had received its federal firearms license and the company was planning at the time for a March 1 startup. Number of employees. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Current performance may be lower or higher than the performance data quoted. They bought the manufacturer Ironhorse firearms, which itself is only a couple years old. Finally, I looked closely at the scope base. LLC. I can't seem to find much on them, but does anyone know if they're had experience with other firearm manufacturers in the past, or if they have a track record of successful enterprises? Thats been blown out of the water for years now. You basically have Barret and Beretta in the metro Nashville area and thats it these days. A report in Sunday's Wall Street Journal puts the auction bid price at $13 million dollars. Have been wrong before. Edwards has been at places like Easton, Hoyt, Defiance Machine and Gunbroker. Roundhill ETFs trade on primary U.S. exchanges, offering intraday liquidity to investors. During the Great Depressions, Remington was again sold off, this time to DuPont. These (same as the old) pencil-pushers will have it right back to unbearable debt in no time, and this time it will be organic debt, not the false nut it was laden with last time. Which Dollar Store, If Any, is Worth Your Investment Dollars? The Roundhill Group which bought Remington Arms in the bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st. With this acquisition have come many industry questions and rumors. Mentioning hunting like it is the purpose of the 2nd gives me pause too! Bills dead, in case you hadnt heard. Roundhill Group LLC bought everything firearms that is non-Marlin Sierra Bullets LLC bought Barnes ammunitions Sturm, Ruger, & Co. bought Marlin firearms JJE Capital Holdings LLC won DPMS, H&R, Stormlake, AAC and Parker brands Franklin Armory Holdings Inc. won Bushmaster brand and some related assets Sportsman's Warehouse Inc. won the Tapco brands It also sets a 60-day deadline to begin negotiations on a collective bargaining agreement. Since then, BETZ stock has increased by 14.6% and is now trading at $16.40. Edwards and Roundhill intend to keep the people at Remington who know how to make guns and let them do exactly that. Please Remington, Im a big fan, bring back the old 870, the real 700 s, those firearms could compete with Winchester the things thats came from your factory lately I will not buy, and thats sad. If there is something good about Ruger then it has enabled some people to enjoy the shooting sports. Roundhill Investments ("Roundhill"), an established provider of thematic ETFs, is pleased to announce the addition of Dave Mazza as the firm's Chief Strategy Officer. This company has not listed any contacts yet. Unfortunately, its worse, still, than that. The future of Remington guns has been uncertain since the company was split up and sold off last fall. I was shocked! Roundhill group, who bought Remington in Ilion last year, confirmed with NEWSChannel 2 that they received the license last week.The plan is to open the plant in Ilion on Feb. 16 for maintenance. Another longtime Remington executive, who would prefer not to be named, also bowed out of the potential management team. 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