Gun maker Remington moves to Georgia in $100M, 856-job deal

FAN Editor

Gun maker Remington Firearms will move its headquarters from upstate New York to Georgia, with plans to open a factory and research operation there

ATLANTA — Gun maker Remington Firearms will move its headquarters from Ilion, New York, to Georgia, with plans to open a factory and research operation there.

The company announced Monday that it would invest $100 million in the operation in LaGrange, Georgia, southwest of Atlanta, hiring 856 people over five years.

It was not immediately clear what effect the transfer would have on Remington’s operations in New York and Tennessee. The company owns the parts of the former Remington Outdoor Co. which make rifles, shotguns and some handguns after the former parent auctioned its assets in pieces last year during a bankruptcy proceeding in Alabama.

Investors doing business as the Roundhill Group purchased the Remington-branded gun-making business, including operations in Ilion, New York, and Lenoir City, Tennessee for $13 million.

Gun makers have been leaving their traditional homes in the northeast as people there become more hostile to guns and moving to more politically welcoming settings in the South and West.

“We are very excited to come to Georgia, a state that not only welcomes business but enthusiastically supports and welcomes companies in the firearms industry,” Remington CEO Ken D’Arcy said in a statement.

Georgia Gov. Brian Kemp famously pointed a shotgun at another person in a campaign commercial when the Republican was seeking his current office in 2018.

“Georgia’s firearms industry is responsible for thousands of jobs and millions of dollars of investment in our communities,” Kemp said in a statement. “I am a proud owner of some of Remington’s first-class product, and now, I am excited to welcome them to their new home in the Peach State.”

Scott Malone, the economic development director for the city of LaGrange, said Remington has already secured at least one building in the city, and will operate from a combination of new and renovated facilities. He said local governments would offer property tax abatements, plus utility and infrastructure improvements.

Phil Smith, a spokesperson for the United Mine Workers of America, which represents some workers at a factory in Ilion, said the union had no information about whether workers in New York would be affected. The new owners recently restarted operations there, calling back more than 200 workers who had been laid off. The local government in New York offered 10 years of tax breaks in exchange for the restart and upgrades.

Free America Network Articles

Leave a Reply

Next Post

Pistorius up for parole, but he must meet victim's parents

CAPE TOWN, South Africa — Eight years after he shot dead his girlfriend, Olympic runner Oscar Pistorius is up for parole, but first he must meet with her parents. Pistorius, a world-famous double-amputee athlete who competed at the 2012 Olympics, has been eligible for parole since July after he was […]

You May Like