Emerging from a federal bankruptcy sale, the nation's oldest firearms company is setting the stage for a comeback in 2021.
The new RemArms Company has received its federal firearms license and is making offers to laid-off workers at Remington's historic Ilion, New York facility, as reported by local media in upstate New York. 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.
“Our hopes are to consolidate in Ilion and go back to an 800-employee facility," said Italia. "That number is highly contingent on our negotiations with the county and the state of New York, and, of course, the union.”