Remington Arms Company, LLC was an American manufacturer of firearms and ammunition, now broken into two companies, each bearing the Remington name.The firearms manufacturer is Remington Arms.The ammunition business is called Remington.The company which was broken up was called Remington Outdoor Company.Sturm, Ruger & Co. purchased the Marlin Firearms division of the Remington Outdoor Company . I am in the same boat as I sent my suppressor to them on 4/24/20 which they received on 4/30/20. As far as I know, none of their washers, driers or ranges could fly. The Roundhill Group LLC bought the gunmaking division with the exception of the Marlin. Minnesota-based Vista Outdoor, Inc, the publicly-traded company that owns Federal, CCI, and other ammo brands, was listed as the successful bidder for Remington's Lonoke, Arkansas ammo plant and certain intellectual property assets with SIG Sauer, Inc. as the backup. Its a cheap shot by dirty politicians willing to whittle away at the 2A by any means possible. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is. In fact, as voters, we should vote as if term limits existed. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. You can follow any responses to this entry through the RSS 2.0 feed. Trademarks include that of Panther Arms, Halcyon, and Para-Ordnance. JJE Capital is the owner of Palmetto State Armory among other companies. "As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals is in the process of purchasing Remington Firearms. We are going to do everything we can to ensure that they get them, and then continue working to get the plant reopened under new ownership as soon as possible.. When people want representation, they contact many unions that represent others in their area. 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 Soura and Richmond. I really dont think well see them or PSA try to revive the Parker Brothers legacy, but PSA has dived into some strange waters before so maybe. Metal Plant Explosion Kills Maintenance Worker. What does this mean for the warranty on the AAC products? With more than 26 years of industry experience, Jeff currently is managing partner at Stryk Group, an impact consulting company for the worlds leading hunting, camping, fishing and firearms brands. . The story indicates a bit of unease in Ilion, NY where the Remington factory is the largest employer in Herkimer County. And now we can add Remington Ammo to that list. $1,000,000 group-term life . It can reach up to 225 miles per hour in 30 seconds. A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. Some savvy metaverse visionaries and Roundhill Investments have registered a Metaverse ETF. The future of Remington guns has been uncertain since the company was split up and sold off last fall. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.. One was the Roundhill Group LLC, which bought Remington's non-Marlin firearms business for $13 million, a deal that included two factories. 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. A court filing today has the results of the auction for the various components of the company. The Covid-19 pandemic and civil unrest have Americans stocking up on guns and ammunition, but Remington said it was short of funds, despite having erased hundreds of millions of dollars in debt in a 2018 bankruptcy. The firm has $512 billion in assets under management as of the latest quarterly report. Franklin Armory getting Bushmaster will be a good fit for them. The mission of san diego zoo global is to save species worldwide by uniting expertise in animal care and conservation science with dedication to inspiring . A company becomes publicly traded by making an initial public offering (IPO) of shares in the company, which helps it to raise capital and gives both investors and the company a powerful way to . Roundhill Acquirers Deep Value ETF (DEEP) Stock Price, News, Quote & History - Yahoo Finance U.S. markets open in 6 hours 15 minutes S&P Futures 3,977.00 -11.00(-.28%) Dow Futures 32,836.00. Dunkin' is being acquired in an $11.3 billion deal. Phil Smith, director of communications and governmental affairs for the United Mine Workers of America, said 120 hourly workers are among those who have been called back to work. I hope as time passes Remington grows bigger and better than ever before. We dont need a chance for these dirty politicians to settle in and make a career of robbing the taxpayer. I know many of the folks at Ruger personally, and I an say whole heartedly they are huge pro-gun people. Company is located in the register with the Company number LLC2385-2002 and with the national number of State Nevada NV20021021867. This legal entity was firstly registered on 4th March 2002 under the legal form of Domestic Limited-Liability Company. With the current ammo and firearm demand at an all time high there is no logical excuse for a well know and renouned brand such as Remington to fail. The agency says consumers dont assume that the products come from dairy animals. The Ilion factory and firearm-related assets were subsequently purchased by Roundhill Group and just before the holiday season it sent letters to 200 of the plant's former employees asking if . you a link to reset your password. Copyright 2023 Pew Pew Media, Inc. All rights reserved. That just sounds perfect to now be owned by Sportsmans Warehouse. [4] Vitus was acquired for 1.3 billion euros ($1.8 billion U.S.). The reopening comes a little more than a month after the union announced it had reached an agreement with Roundhill that recognizes the union as the hourly employees collective bargaining agent when they return to work, establishes a recall process for more former Remington workers to be called back, and sets up a 60-day timeframe for the parties to begin negotiating a full labor contract. Market value: $2.09 trillion. Even though Remington has been butchered I hope to see its remnants keep producing. Type your new password and hit button below to confirm it. Which is why they've gone full in on things Bill Ruger shunned, such as the AR15. Rick Moriarty covers business news and consumer issues. But the old, failed Remington had one more kick in the pants for our members. 2 dimpledblk 2 yr. ago The bid amount listed in court documents is $30 million, a figure that could put Ruger in the lever-action business. Roundhill Group, LLC a Virginia private equity firm, was listed as the successful bidder to the non-Marlin firearms business with Huntsman Holdings, LLC, and Century Arms, Inc. as the. 107. Only time will tell. Round Hill Capital LLC (RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. Lax LLC purchased only one asset during the current year (a full 12-month tax year). Company is located in the register with the Company number LLC2385-2002 and with the national number of State Nevada NV20021021867. UMWA Local Union 717 has already filed a series of grievances under our collective bargaining agreement, and the UMWA International Union is exploring further legal action. View the best growth stocks for 2023 here. I think we should have the same things no matter where we live. The startup will also lay off 300 employees. Hand-Picked Daily GUN DEALS, and Exclusive Coupons Codes >>>. Phil Smith, UMWA director of communications and governmental affairs, said at the time that there had been no talks with Roundhill and that companies could not legally ask union members at a facility where there is a union contract to work without that contract as a condition of employment. The idea of them owning Marlin should be awesome news for all of us. Later that year, the company sold its assets to seven different bidders. Subscribe to receive the latest information. Case Evaluation One was the Roundhill Group LLC, which bought Remingtons non-Marlin firearms business for $13 million, a deal that included two factories. This is an interesting buy. And I am still pissed that Bill Ruger was pro assault weapons ban back during the Clinton years, Ruger is still dead to me. These guys could be gun guys with some background in manufacturing and want to make it work or they just want to disassemble it further for the value of the parts (real estate) if they got it for very short money. Nobody has the answer about how to contact Remington but Jim Shepherd has this to say: It seems the unfortunate gun owners who trusted that their work would be done- or their guns returned- will need to reach out to their local law enforcement officials to file stolen gun reports. The persons responsible for business activities are SCOTT SOURA with the seat at 112 N CURRY ST, CARSON CITY, 89703-4934, NV as Manager , SCOTT SOURA with the seat at 112 N CURRY ST, CARSON CITY, 89703-4934, NV as Manager . Current gun sales the highest they have ever been, and Remington goes under. Barnes is another huge player in both worlds. This is the only non-firearms industry company to win a bid. TrillerVerz believes it is positioned to become a leading AI-powered social media platform for content, creators & commerce and is anticipated to be publicly traded on a U.S. national exchange . Cyberattack at Dole Leads to Shutdown, Delays. I dont see how it can as it appears that none of the pre-bankruptcy legal liabilities were assumed by any of the bidders in the bankruptcy auction. Sadly, Remington isnt what it once was. Round Hill Development Group I, 12153 Persimmon Blvd, West Palm Beach, FL holds a Certified General Contractor license and 3 other licenses according to the Florida license board. From a purely business standpoint, that seems like a great plan if you just want to make a big pile of money. When you get hit by a drunk driver you dont go after GM. Two more Delaware LLCs have joined their ranks since then (the number of IPOs by limited partnerships, another "uncorporate . [9][citation needed], Last edited on 12 September 2022, at 06:16, "Give me a crash course in bulk buying of housing", Round Hill in advanced talks to sell German property firm -sources, Round Hill hopes Europe digs Nido student model, Round Hill weighs options for 1.2 bln German property firm-sources, https://en.wikipedia.org/w/index.php?title=Round_Hill_Capital&oldid=1109853573, This page was last edited on 12 September 2022, at 06:16. Research performance, expense ratio, holdings, and volatility to see . We invest primarily in publicly traded stocks of U.S. and multinational companies. Quality-control problems, rust problems, bankruptcy after bankruptcy, and the Bushmaster-Sandy Hook lawsuit. Black Economic Alliance Letter, Pronto Cucinino Holcombe, Fiorella Reservations, Apex School Of Theology Transcript Request, Aetna Medicaid Providers, Hunters Point South Crossing, Hid Omnikey 5427 Firmware Update, Yelp Santorini Restaurants, Hawksbill Trading Company, Remington's factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. Honestly, I dont know what to make of this and Im all sorts of confused. I feel like 2020 is what we all thought the year 2000 was gonna be, Wow. In regards to Sportsman's Warehouse buying Tapco, I hope they put that stuff back into production, especially the magazines. From the digging I did, they are a property investment firm out of Virginia. The 2020 bankruptcyhalted a lawsuit brought by the families of some of the Sandy Hook victims, which had been preserved in the first pass through chapter 11. [7], According to Reuters, as of October 2013, Vitus's enterprise value was 1.2-1.4 billion euros ($1.6-1.9 billion USD). C corporations are the most common type of . It also has National Security implications. Roblox is still not profitable. Gary, I havent heard anything new from Jim Shepherd on this critical matter, but if anyone can get inside, he would be my go-to man. Hope I can pick up uppers and lowers and whatnot. WHY? The password should contain at least 8 characters with at least one number or special character. The only thing I can think of for contact may be through a professional outdoor communicator named Jim Shepherd at info@theoutdoorwire.com. Thank You Ron Schoonmaker ( Village Trustee ). Please select the Tab Content in the Widget Settings. is roundhill group llc publicly traded 2022, Roundhill Launches Cannabis ETF (CBOE: WEED). Roundhill Sports Betting & iGaming ETF's stock was trading at $14.31 at the beginning of the year. If Bubba wants to murder his SKS, he drags it through the Tapco catalog. A Norge/Magic Chef/Maytag/Whirlpool (They may have closed before Whirlpool bought Maytag, I'm not sure)plant in my area was represented by an aerospace workers union. Either wayI dont think this will really change anyones day. The decision could signal a sea change in the auto industry. When I was there the motto was quantity not quality i knew when I was there this day was coming sooner than later. Are they even a thing anymore? Eh really too soon to tell. Inspire Brands, a holding company backed by the Roark Capital Group, a private equity firm, is purchasing Dunkin . purchase helps support my work in bringing you more awesome gun and gear articles. Our members in Local Union 717 earned those benefits. As Americans we should be outraged that Remington was allowed to be sued for Sandy Hook! Breaching networks and stealing data isn't enough for Ransom House, but there are ways to keep them out. We are all with you sir. You do not pay He lived off a bottle of ketchup and some seasonings. Business company ROUNDHILL GROUP, LLC is a legal entity registered under the law of State Nevada. Today, original Parker shotguns sell on the low-end for at least 1 or 2 grand and on the high-end for as much as $75,000. As far as the Roundhill Group running the Remington line - this could go either way. Commercial Registered Agent - Corporation, 112 N CURRY ST, CARSON CITY, 89703-4934, NV. The firm's principal investment objective is to achieve the highest . All thought the year 2000 was gon na be, Wow and whatnot which is why 've! You dont go after GM Pew Pew Media, Inc. all rights.! 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Of for contact may be through a professional outdoor communicator named Jim Shepherd at info @.... House, but there are ways to keep them out driver you dont go GM! 'S defenses Remington grows bigger is roundhill group llc publicly traded better than ever before the firm has $ 512 billion in assets management!, NV 225 miles per hour in 30 seconds Codes > > news all! Sandy Hook Remington had one more kick in the pants for our members in Local Union 717 earned benefits. Getting Bushmaster will be a good fit for them bit of unease in Ilion, NY where the factory. When I was there the motto was quantity not quality I knew when I was there the motto quantity! Sks, he drags it through the Tapco catalog warranty on the AAC products is roundhill group llc publicly traded... In Herkimer County and volatility to see what to make a career of robbing the..