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|Founded||1816; 202 years ago|
|Headquarters||"Huntsville, AL, "Lonoke, AR, "Hickory, KY, "Ilion, NY, "Madison, NC, United States|
Number of locations
|Jim Geisler, CEO |
|Products||Firearms, ammunition, and accessories|
|Revenue||US$950 millionas of 2004|
Number of employees
|"Parent||"Remington Outdoor Company|
Remington Arms Company, LLC is an American "manufacturer of firearms and ammunition in the United States. It was founded in 1816 by "Eliphalet Remington in "Ilion, New York, as "E. Remington and Sons. Remington is America's oldest gun maker and is claimed to be America's oldest factory that still makes its original product. Remington is the largest U.S. producer of shotguns and rifles. The company has developed or adopted more cartridges than any other gun maker or ammunition manufacturer in the world. Its products are distributed in more than 60 foreign countries, making its distribution base and availability wider than those of its competitors.["citation needed]
Until 2015, Remington Arms is part of the "Freedom Group, which is owned by "Cerberus Capital Management. In 2014, a new plant was built in "Huntsville, Alabama to produce "AR-15 style semi-automatic rifles and "Remington 1911 R1 pistols. In 2015, the Freedom Group was renamed as "Remington Outdoor Company. In late 2017 and early 2018, Remington entered bankruptcy planning, having suffered declining sales and reputation damage, and amassed some $950 million worth of debt.  The low sales and debt were blamed on either a reduction in "panic-buying", or diminishing quality and reputation. 
The Remington company was founded in 1816. "Eliphalet Remington II (1793–1861) believed he could build a better gun than he could buy. Residents of the farming communities in the region were famous for their diverse skills and self-sufficiency. During the winter, they worked on crafts to produce goods for their own use and also for sale. Remington's father was a blacksmith, and wanted to expand his business into rifle barrel production. Local residents often built their own rifles to save on costs, but purchased the barrel.
Remington's father sent him to a well-known barrel maker in a major city to purchase a barrel, with the mission of observing the barrel-making technique. At the time, the method was to heat and wrap long flat bars of iron around a metal rod of the caliber desired. By heating and hammering the coiled bars around the central rod, the barrel metal became fused into a solid cylinder, at which point the rod was pressed out. After the young man returned home, his family added a successful rifle barrel-making operation to his father's "forge, in Ilion Gorge, New York.
Remington began designing and building a "flintlock rifle for himself. At age 23 (in the fall of 1816), he entered a shooting match; though he finished second, his well-made gun impressed other contestants. Before Remington left the field that day, he had received so many orders from other competitors that he had officially entered the gunsmithing business. By 1828, he moved his operation to nearby "Ilion. This site is still used by the modern Remington firearms plant.
On March 7, 1888, ownership of E. Remington & Sons was sold by the Remington family to new owners, "Marcellus Hartley and Partners. This consisted of Hartley and Graham of "New York, New York, a major sporting goods chain who also owned the "Union Metallic Cartridge Company in "Bridgeport and the "Winchester Repeating Arms Company of "New Haven, both in Connecticut. At this time the name was formally changed to the Remington Arms Company. The Bridgeport site became the home of Remington's ammunition plant.
In 1912, Remington and Union Metallic Cartridge Company were combined into a single entity, called Remington UMC. In the early 21st century, Remington still produces U.M.C. brand ammunition. In 1915, the plant at Ilion was expanded, and with this expansion became basically the same plant as today.
During the early years of "World War I, Remington produced arms under contract for several "Allied powers. Remington produced "M1907-15 Berthier rifles for France, "Pattern 1914 Enfield rifles for Britain, and Model 1891 "Mosin–Nagant rifles for Imperial Russia. As the war intensified, Remington production rose to meet demand.
When the U.S. entered the war, Remington became deeply involved in the war effort. Remington developed and produced the U.S. "M1917 Enfield rifle, a simplified version of the British Pattern 1914, and development of the "Pedersen device.
Late in the war, the collapse of the Imperial Russian government had a severe effect on Remington finances. Russia had ordered large quantities of arms and ammunition, but ran short of money to pay for the orders. They delayed payment, arguing there were alleged defects in Remington products. When the "Bolsheviks took power in the "Russian Revolution, they repudiated the contract entirely.
Remington was left with huge stocks of guns and ammunition, and no prospects for payment. The U.S. government stepped up to purchase the firearms, thereby preventing Remington from absolute loss. Noting the explosive growth of business at the beginning of the war, and the precipitous decline at the end of the war, Remington made the conscious decision to promote and emphasize their line of civilian products. They viewed hunting products as a more stable business which might help them to survive future ups and downs generated by war demands.
During the "Great Depression, Remington was purchased by the "DuPont Corporation, which had made its fortune with improvements to "gunpowder. A year later, Remington purchased the "Peters Cartridge Company; today, many of the Remington headstamps still have R-P on them for Remington-Peters.
In 1940, the U.S. Army became worried about its ammunition capacity and asked Remington to collaborate on a plan for national expansion. With the aid of DuPont, Remington built the "Lake City Army Ammunition Plant (originally named Lake City Arsenal) and "Denver Ordnance ammunition plants, and three more plants later on, including the "Lowell Ordnance Plant. Though the plants belonged to the U.S. government, Remington was asked to oversee their operation. Among the weapons, Remington manufactured for the government during "World War II was the famous "M1903A3 Springfield bolt-action rifle.
In 1962 Remington introduced the "Model 700 "bolt-action "rifle. The rifle became one of Remington's most successful firearms, and quickly lent itself to developments of many sub-variants, including the "Remington 700 BDL, "Remington 700PSS for "police and "law enforcement agencies (the rifle, later renamed 700P, is very popular among law enforcement agencies) and the "military "M24 SWS, which was the "USA Army standard "sniper rifle between 1988–2010. It is still used by other armed forces around the world, such as the "IDF. Other firearms companies designed and manufactured sniper rifles based on the reliable and accurate Remington Model 700 action.
In 1986, Remington closed its "ammunition plant in Bridgeport, Connecticut, transferring operations to a new facility in "Lonoke, Arkansas. This site was chosen as the geographic center of the sporting ammunition market. A year later, Remington built a new clay targets plant in "Athens, Georgia. In 1993, Remington was sold by DuPont to the investment firm "Clayton, Dubilier & Rice (CD&R).
In June 2007, a private equity firm, "Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. Remington was millions of dollars in debt and did not report a profit during the years 2003–2005. It was renamed as the "Freedom Group.
In December 2007, Remington Arms acquired rifle-maker "Marlin Firearms. As of 2009, ammunition sales continued to remain high during the ongoing "United States Ammunition Shortage. Chief Executive Officer Ted Torbeck said that consumer concerns over future restrictions, and taxes on ammunition and firearms by the Obama administrations, were creating a rise in demand.
In October 2009, Remington Military products acquired "suppressor manufacturer "Advanced Armament Corporation. In 2010, Remington introduced the fastest commercially available shotgun shell, Hypersonic Steel, with a patented wad technology that allows the shot to travel at 1700 FPS.
After a 12-year absence in the handgun market, Remington announced the "Model 1911 R1. It had ceased production in 1998 of its last handgun, the "Model XP-100R. Later that year, Remington introduced the Versa Max auto-loading shotgun. Its patented Versa Port system self-regulates gas pressure based on the length of the cartridge used, enabling the shotgun to shoot light 2 3/4" target loads, 3" hunting loads, and 3 1/2" magnum hunting loads.
In 2012, Remington won the U.S. Army contract to manufacture 24,000 M4A1 carbines at $673 per unit worth $16,163,252 total.
In 2013, Remington introduced the Model 783 bolt-action rifle.
In 2013, for the first time since 1928, Remington began to offer an air rifle, called the "Remington Express".
In 2015, the Freedom Group holding company was renamed as "Remington Outdoor Company.
In 2018, Remington Outdoor Company is reported to be seeking financing in order to file for bankruptcy.
On February 17, 2014, Remington announced a plan to build a new state-of-the-art plant in "Huntsville, Alabama. Remington decided to move two production lines from the Ilion, New York plant as a result of the fallout from the "New York Safe Act, which restricted gun ownership. Huntsville is now building the "AR-15 style semi-automatic rifles from "Bushmaster, "DPMS, and Remington "Remington R-15 and 1911 style R-1 pistols in the new plant. This is considered an $87 million boon for Alabama's economy. The new plant consolidates Remington's production to promote efficiency and lower production costs. Experts in the gun industry believe that Remington will eventually leave its New York roots to have its plants in states that are more gun-friendly and pro-business.
Remington has several production facilities today.
The corporate headquarters for Remington Arms is located at "Madison, North Carolina. Remington owns two firearms plants. The larger plant is located in "Ilion, New York, at the historic site. This plant also is home to Remington's Powdered Metal Products Division. A new, state-of-the-art firearms facility was recently built in "Mayfield, Kentucky.
All of Remington's ammunition is now made at the 35-year-old plant in "Lonoke, Arkansas. This plant also is home to Remington's Industrial Products Division, and Ammunition Product Services.
Constructed in 2014, Huntsville, Alabama Facility new facility will employ["when?] 2,000 people and has plans for future expansion. The Bushmaster "AR-15 style rifle and 1911 pattern R-1 lines from Ilion, New York, are now produced here. "DPMS Panther Arms is moving from "St. Cloud, MN to the new Alabama facility.
Remington's former ammunition factory in Bridgeport, Connecticut, was investigated by the Travel Channels, "Ghost Adventures in 2009. The site was eventually purchased by Peter DiNardo Enterprises Inc. and is scheduled for demolition.
Based on a list from the Remington web site. NOTE: Remington has produced many weapons over the years. This list is NOT a complete list.