Lancaster, PA— Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop.
With this acquisition have come many industry questions and rumors. Roundhill Group LLC partner and spokesman, Jeff Edwards addresses these issues:
“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. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoors men and women both here in the USA and abroad. More than anything we want to make Remington a household name that is spoken with pride.”
The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. They are all life-long hunting advocates and staunch Remington brand loyalists. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.
About Jeff Edwards
With more than 26 years of industry experience, Jeff currently is managing partner at Stryk Group, an impact consulting company for the world’s leading hunting, camping, fishing and firearms brands. He has held positions with leading outdoor companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others. He has hunted all over the US and abroad. His reason for purchasing Remington Firearms: “Remington, to me, represents the Harley Davidsons of the hunting firearms industry. It is one of the oldest firearms companies and to have this opportunity to invest my time and energy to revitalize the brand that I love and truly believe in is a dream come true. I can’t wait for the day when it has the loyalty, prestige and following it once had. It won’t be long. Just wait and see.”
Does anyone have contact info for Roundhill Group? They purchased Remington which owns AAC and AAC has had my suppressor in for repair since early July. They said 6-8 weeks and now no one answers phones or replies to emails.
The only thing I can think of for contact may be through a professional outdoor communicator named Jim Shepherd at info@theoutdoorwire.com.
He gets a lot of inside info and may be able to help.
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. If they do that, they’ll have a paper trail to initiate an insurance claim – and protect themselves should their guns or those serial numbers ever turn up at the scene of a crime.”
Dennis have you figured anything out? I’ve got a gun in Ilion. Absolutely ridiculous trying to get any information I’m sure as you have calling the bankruptcy line they have no answers.
My Jim Shepherd connection indicates there are plenty of folks in the same boat and nobody can get through to those responsible. Wish I could help more, dang it.
I am in the same boat as I sent my suppressor to them on 4/24/20 which they received on 4/30/20. I was able to contact them twice but they claim to be working on it. Now that it has been sold, I get no response from them. I will try and contact Jim Shepherd and see it he has any ideas.
Remington’s Union Hassles Continue
The company formerly known as Remington is having another set-to with the United Mine Workers due to the dismissal of the 585 former union workers employed at the company’s failed Ilion, New York facilities.
According to the United Mine Workers, Remington notified the workers over the weekend that their employment would end yesterday. The health care and other contractual benefits will end October 31. The Union’s hot because it says the company’s collective bargaining agreement calls for it to pay severance and accrued vacation benefits.
Employment benefits after a bankruptcy? That’s not something I understand, and having only read about 1,400 pages of the Remington filing, it’s not exactly clear how that works.
Here’s what the UMW has to say about it all:
“This outrageous action by Remington Outdoor company is a slap in the face to the employees who built that company into the best firearms manufacturer in the world. 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.
“Our members at Local Union 717, their families and their communities have been on an emotional roller-coaster the last several months. First the company filed for bankruptcy and it looked like the Ilion plant would close for good. Then the union was successful in encouraging a potential buyer to keep jobs in Ilion, and that buyer was able to purchase the plant in the bankruptcy process.
“We are now working with the new company to get the plant reopened and start putting our members back to work. But the old, failed Remington had one more kick in the pants for our members.
“If they think they can get away with this without a fight from the UMWA they had better think again. Our members in Local Union 717 earned those benefits. 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.”
Well then, there you go. The union’s decidedly not happy. And as is the case in most bankruptcies, there’s no one still on the job at the company formerly operating as Remington to ask for clarification.
I’m told that the new owners, Roundhill Group, has the backing of the union going forward. Seems, however, that while the contract and pension obligations were part of the Roundhill acquisition, the employment obligations weren’t. Seems logical, but there’s not a lot of logic in deals as complicated as this.
This is all good news and all the things we keep hearing here in Ilion we have been waiting to hear for a long time. We all know that Remington is Ilion and Ilion is Remington we have always felt that way. Now with the reassuring remarks of the new ownership. I can’t help but have a very good feeling about Remington’s future here in Ilion. Ilion has always been Remington’s home and we are proud of that history. I hope as time passes Remington grows bigger and better than ever before. I also think with this new ownership we the ( Village ) and Remington the ( Company ) can form a renewed and strong alliance for the good of everyone.
Thank You
Ron Schoonmaker
( Village Trustee )
We are all with you sir. Some great products have come from the Remington line and we’d all like to see innovation and quality return. Best of luck, sir.
Does anyone have contact info for Roundhill Group? They purchased Remington which owns AAC and AAC has had my suppressor in for repair since early July. They said 6-8 weeks and now no one answers phones or replies to emails.
The only thing I can think of for contact may be through a professional outdoor communicator named Jim Shepherd at info@theoutdoorwire.com.
He gets a lot of inside info and may be able to help.
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. If they do that, they’ll have a paper trail to initiate an insurance claim – and protect themselves should their guns or those serial numbers ever turn up at the scene of a crime.”
Dennis have you figured anything out? I’ve got a gun in Ilion. Absolutely ridiculous trying to get any information I’m sure as you have calling the bankruptcy line they have no answers.
My Jim Shepherd connection indicates there are plenty of folks in the same boat and nobody can get through to those responsible. Wish I could help more, dang it.
I am in the same boat as I sent my suppressor to them on 4/24/20 which they received on 4/30/20. I was able to contact them twice but they claim to be working on it. Now that it has been sold, I get no response from them. I will try and contact Jim Shepherd and see it he has any ideas.
Gary,
I haven’t heard anything new from Jim Shepherd on this critical matter, but if anyone can get inside, he would be my go-to man. Best of luck.
Joker just fired all but 22 employees !
Remington’s Union Hassles Continue
The company formerly known as Remington is having another set-to with the United Mine Workers due to the dismissal of the 585 former union workers employed at the company’s failed Ilion, New York facilities.
According to the United Mine Workers, Remington notified the workers over the weekend that their employment would end yesterday. The health care and other contractual benefits will end October 31. The Union’s hot because it says the company’s collective bargaining agreement calls for it to pay severance and accrued vacation benefits.
Employment benefits after a bankruptcy? That’s not something I understand, and having only read about 1,400 pages of the Remington filing, it’s not exactly clear how that works.
Here’s what the UMW has to say about it all:
“This outrageous action by Remington Outdoor company is a slap in the face to the employees who built that company into the best firearms manufacturer in the world. 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.
“Our members at Local Union 717, their families and their communities have been on an emotional roller-coaster the last several months. First the company filed for bankruptcy and it looked like the Ilion plant would close for good. Then the union was successful in encouraging a potential buyer to keep jobs in Ilion, and that buyer was able to purchase the plant in the bankruptcy process.
“We are now working with the new company to get the plant reopened and start putting our members back to work. But the old, failed Remington had one more kick in the pants for our members.
“If they think they can get away with this without a fight from the UMWA they had better think again. Our members in Local Union 717 earned those benefits. 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.”
Well then, there you go. The union’s decidedly not happy. And as is the case in most bankruptcies, there’s no one still on the job at the company formerly operating as Remington to ask for clarification.
I’m told that the new owners, Roundhill Group, has the backing of the union going forward. Seems, however, that while the contract and pension obligations were part of the Roundhill acquisition, the employment obligations weren’t. Seems logical, but there’s not a lot of logic in deals as complicated as this.
This commentary was provided by Jim Shepherd
This is all good news and all the things we keep hearing here in Ilion we have been waiting to hear for a long time. We all know that Remington is Ilion and Ilion is Remington we have always felt that way. Now with the reassuring remarks of the new ownership. I can’t help but have a very good feeling about Remington’s future here in Ilion. Ilion has always been Remington’s home and we are proud of that history. I hope as time passes Remington grows bigger and better than ever before. I also think with this new ownership we the ( Village ) and Remington the ( Company ) can form a renewed and strong alliance for the good of everyone.
Thank You
Ron Schoonmaker
( Village Trustee )
We are all with you sir. Some great products have come from the Remington line and we’d all like to see innovation and quality return. Best of luck, sir.