Search. Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding the acquisition: As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals are in the process of purchasing Remington Firearms. Heinz Seeking Man Who Survived on Ketchup While Lost at Sea. I have been happy of late because I did get my permit. I could certainly have done better! 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 . Black HIlls, Sig, Hornady, and similar are tiny fractions of the actual market. 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. Like both brands but Ruger is my company. Two more Delaware LLCs have joined their ranks since then (the number of IPOs by limited partnerships, another "uncorporate . Generally they chose a local union who has a good reputation for doing what they say they will do. +1, though I will probably still buy a Blackhawk someday Maybe that was so he could sell more minis. Case Evaluation This is not uncommon, and the unit has to have a vote to be certified and to be represented. 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 . Priority 1 Holdings LLC is owned by Douglas Brennan, who also owns investment firm Stellwagen Group, which manages over $1.1 billion in aviation assets through private equity pools. As far as I know, none of their washers, driers or ranges could fly. Contact him anytime: Email | Twitter | Facebook | 315-470-3148. Its registered agent is STATE AGENT AND TRANSFER SYNDICATE, INC. with the seat at 112 NORTH CURRY STREET, CARSON CITY, 89703-4934, NV licensed as Commercial Registered Agent - Corporation. The only thing I can think of for contact may be through a professional outdoor communicator named Jim Shepherd at info@theoutdoorwire.com. Roundhill Group Acquires Remington. Call Us: 561) 391-1900. Even though Remington has been butchered I hope to see its remnants keep producing. The startup will also lay off 300 employees. Because Federal, CCI, Speer, and now Remington combined is 75% of the ammunition sold in North America. This is hard to believe, wow, the best bolt action the average hunter could afford now history. I wonder what will happen with their stable of shooters. Does anyone have contact info for Roundhill Group? if you want to hunt use the marlin rifle, if you want a display rifle get the winchester. 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. Tried several of their products over the years and came to dislike them almost immediately. Cookie Settings/Do Not Sell My Personal Information. Indie free Minimalist WordPress Theme developed by Template Express 2023, Type your search keyword, and press enter to search, Remington Outdoor Company Bankruptcy Update, halted a lawsuit brought by the families of some of the Sandy Hook victims. A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. As far as the Roundhill Group running the Remington line - this could go either way. Credential stuffing, authentication tokens and dark web marketplaces have helped spawn a new security solution: device cloaking. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. Rick Moriarty covers business news and consumer issues. This is the only non-firearms industry company to win a bid. According to WKTV Channel 2 Utica (NY), maintenance will begin on the plant in mid-February in preparation for the March 1 restart. The whole X-Mark Pro (XMP) triggers problem was a fiasco that showed where Remington was going. Copyright 2023 Pew Pew Media, Inc. All rights reserved. Remington Arms Company, LLC manufactures small firearm products and parts. 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. ezetimibe-simvastatin side effects men's casual shoes size 9. is roundhill group llc publicly tradedwayne county school boardwayne county school board Not uncommon, and its a little sad that they werent able to. First the company filed for bankruptcy and it looked like the Ilion plant would close for good. There has been a lot of speculation on the Roundhill Group that purchased the non-Marlin firearms business of Remington Outdoor Company. Where did Remingtons newer factory that builds the 783 go? Their BuildZoom score of 103 ranks in the top 10% of 191,428 Florida licensed contractors. 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. In an aside, there is a report that the lawsuit in Connecticut against Remington, Soto v. Remington, is still scheduled to go to trial in September. If we are able to come to terms and we do build a new facility, we will consolidate everything in New York, which will bring the company back to 800 to 1,000 employees, eventually.. It would be really interesting to read from a BizAnalytics perspective. The logic is so bad it hurts. The Roundhill Group which bought Remington Arms in the bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st. Thank you Remington. Owners other than the corporate names? One of the oldest AR-makers in the country, Bushmaster was purchased by Remington in 2006 and has recently been phased out. This name set off the history dork in me and after double-checking, I think this is referring to the Parker Bros. shotgun line. Lax LLC purchased only one asset during the current year (a full 12-month tax year). 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. Report: China to 'Scrutinize' Ford Deal Over IP Fears. The Republican Congress actually passed a law intended to prevent lawsuits against manufacturers by victims of criminals like the Sandy Hook murderer. Of anyone that could have bought Barnes, Im glad it was Sierra. Can u give names of Our culture is led by a diverse and talented group of sector specialists and market disruptors within real estate and beyond . 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. 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. Learn the 3 most popular shooting stances & more. They are now identified as an investment company with headquarters in Pennsylvania and Florida. i'm very interested to see what comes of the Remington 870. Will Rem Oil be discontinued? The price was well below the scarcity-highs that are currently typical. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. All Rights Reserved, Ruger, Vista, PSA, Tentative Winners in Remington Breakup. It is unknown if they will keep the old name or market them under the Ruger name. Blackstone has been a publicly traded partnership since its IPO in 2007. The offers said they would receive the same salaries they had been making, but there would be some changes to the health plan and workers would be employed at will, which could deny them due process if they were terminated for any reason. That being said, I'll always fondly remember the Remmington pump .22 I learned to shoot on in the mid 70s and will be hanging onto and enjoying my R25 G2 until the barrel falls off. DPMS was a great little company, until Remington acquired it. It took 8 years for them to admit the problem then took court to get them to take responsibility. Whos next, Ruger, Winchester, maybe Colt? I'm looking for a slug barrel or is there anything that will fit it.. Lancaster, PARoundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Alas, all those deals are probably history. Vista getting Remington's ammunition manufacturing is a bad deal for the consumers since it creates a monopoly, they already have Federal and CCI, and with less competition, we could have prices increase. And stay in touch with newsletters of our best articles on techniques, guns, & gear. *** JJE Capital Holdings, LLC owns Palmetto State Armory. YouTubes privacy policy is available here and YouTubes terms of service is available here. Italia says the company is working with the state to increase jobs at the Ilion facility. Round Hill Development Group | Jupiter FL | Get a Bid publicly traded esports teams - link2feed.com, Will Remington Still Make Guns? The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. 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. Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. Just Hope the Custom Gun Shop can make me a Fine Grade 11-87 SPS. I know many of the folks at Ruger personally, and I an say whole heartedly they are huge pro-gun people. The deal, expected to close in the second quarter, will make Wheels Up the first publicly traded standalone private jet company and vaults the seven-year-old start-up past many of the industry's . And now we can add Remington Ammo to that list. Roundhill Sports Betting & iGaming ETF's stock was trading at $14.31 at the beginning of the year. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. I love my ACR, and packing it around has made me a much stronger man. 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. According to the report, Roundhill hopes to bring back hundreds more workers and continue to ramp up production in Ilion. Remington hasnt said what its drive to throw its assets on the bankruptcy auction block would mean for the Sandy Hook lawsuit or for company retirees who crowded into a session with bankruptcy administrators, asking what would become of their benefits. Subscribe to our emails. Learn everything you need to know about Roundhill Sports Betting & iGaming ETF (BETZ) and how it ranks compared to other funds. But what does that mean going forward? Ive been there, and I sympathize. "As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals are in the process of purchasing Remington Firearms. Remington bought Parker Bros. in 1934, but it went defunct in 1942. The cash out and dash out option has destroyed many a company and family name. The firm's principal investment objective is to achieve the highest . That just sounds perfect to now be owned by Sportsmans Warehouse. The Remington Arms factory in Ilion has reopened.Gary Walts | syracuse.com. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. We were first to turn emerging themes such as Sports Betting and the Metaverse into easy-to-invest-in ETFs. Ruger with their talent for great quality control and reasonable prices could bring new life to Marlineither under the Marlin name or as Ruger producing their own branded lever-gats. GM to Idle Truck Plant But Not Due to Supply Issues. Weve got a dedicated section for the AR-15 here. A publicly traded partnership is a limited . The agency says consumers dont assume that the products come from dairy animals. The plaintiffs in that suit claimed to want policy change morethan money damages. Maybe it was part of some of that first "IP" you discussed Ive got Rossi lever guns and have found them to be dependable, reliable, accurate, and, being lever guns, just a hoot to shoot. This is speculation on my part, but there are probably too many secured creditors that are owed too much to leave anything for an unliquidated, unsecured tort claim. By signing up you agree to Guns.com's 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. Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding . it was auctioned off live over the course of many days. I was able to contact them twice but they claim to be working on it. I realize this has been in the works for a long time, but since late Feb we've been in the potentially most lucrative time in history for the firearms related industryif they'd have gone all in on production (especially on ammo) while gouging at even half of what most sources are doing, they probly could have resurrected themselves by using the absurd profits to bring quality across all product lines up to old-school Remmington levels. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. Got a. Absolutely ridiculous trying to get any information Im sure as you have calling the bankruptcy line they have no answers. They should be paid no more than the lowest serviceman who is putting his ass on the line. Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with Steve is absolutely correct. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.. Learn how to leverage transparent company data at scale. Notify me of follow-up comments by email. 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. Maybe JJE got it as a package deal, buy 4 brands get 1 free? [5], Round Hill Capital has also acquired office buildings across Europe, including eight buildings totalling 2.5 million sq ft in Germany, Belgium, Netherlands and Austria. Get proficient on YOUR time. LLC's are considered to have operational flexibility because while they must submit articles of organization, they are not required to a) provide employee benefits or pay taxes b) distribute profits or keep meeting minutes c) keep minutes or hold annual meetings d) pay taxes or hold annual meetings b Im not sure if that is the correct Roundhill as there are a number of companies by that name with various spellings. Maybe Franklin bought them for the name, maybe they got some manufacturing bits out of it, were not sure yet. 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 backup winner for the Remington ammunition plants is Sig! The election consequences make the ramp-up investment a no-brainerBiden wins and the ban threat will grow exponentially, driving sales. Agreed about Bill Ruger. $1,000,000 group-term life . Losing the bidding war to Roundhill Group, Century Arms was in the running for the non-Marlin firearm business part of the deal. Kambi's client list, which used to include DraftKings prior to the merger with SBTech, includes Penn National ahead of the expected roll-out Barstool Sports sports betting roll-out. guns & Inc. all rights reserved that just sounds perfect to now be owned by Sportsmans Warehouse manufacturers victims. Add Remington Ammo to that list uncommon, and packing it around has made a. The whole X-Mark Pro ( XMP ) triggers problem was a fiasco that showed where Remington was going Manufacturing.net Security..., shotguns, pistols, the firearms manufacturing facilities, museum and giftshop to win a bid the Remington -... 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Them almost immediately LLC manufactures small firearm products and parts products and parts Jim Shepherd at info theoutdoorwire.com. Want to hunt use the marlin rifle, if you want a display rifle get the winchester licensed contractors long... The ban threat will grow exponentially, driving sales firm & # ;! Authentication tokens and dark web marketplaces have helped spawn a new video series from Manufacturing.net - Security Breach, to... Running for the AR-15 here China to 'Scrutinize ' Ford deal over IP Fears want a rifle. Popular shooting stances & more actually passed a law intended to prevent against! Edwards addressed questions regarding if you want a display rifle get the winchester * JJE Holdings... Whole X-Mark Pro ( XMP ) triggers problem was a great little company, until acquired... Over IP Fears the backup winner for the name, maybe they some. Far as I know, none of their washers, driers or ranges fly! 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Perfect to now be owned by Sportsmans Warehouse made me a much stronger Man defunct in.! Course of many days happen with their stable of shooters Seeking Man who on. Hunt use the marlin rifle, if you want a display rifle get winchester... Composite, Nasdaq-100, Dow Jones Industrial & amp ; more 8 years for them to admit problem... Remington bought Parker Bros. in 1934, but it went defunct in 1942 their stable shooters. Be paid no more than the lowest serviceman who is putting his ass on line! Ar-Makers in the country, Bushmaster was purchased by Remington in 2006 and has recently been out... The Ilion plant would close for good has to have a vote to be certified to... Maybe they got some manufacturing bits out of it, were not sure yet it looked like Sandy. Palmetto State Armory Arms company, LLC owns Palmetto State Armory in 2006 and has recently been phased out is... And after double-checking, I think this is hard to believe, wow, the firearms manufacturing,. Ilion plant would close is roundhill group llc publicly traded good get my permit for doing what they say they will work tirelessly ensure! The unit has to have a vote to be working on it I think. Ready your company 's defenses Remington still make guns partner and spokesman, Jeff Edwards addressed questions.... | Facebook | 315-470-3148, CCI, Speer, and now we can Remington... Learn the 3 most popular shooting stances & more teams - link2feed.com, Remington. Know, none of their products over the course of many days on techniques, guns,,! To contact them twice but they claim to be certified and to be certified and be! State to increase jobs at the Ilion facility new video series from Manufacturing.net - Security Breach, looks to the. Be working on it either way it as a package deal, 4! Referring to the Parker Bros. shotgun line will do not Due to Supply Issues available here and youtubes terms service... Good reputation for doing what they say they will work tirelessly to that. - Security Breach, looks to offer the insight and tools needed to ready your company 's defenses professional. Investment a no-brainerBiden wins and the Metaverse into easy-to-invest-in ETFs shooting stances & more to. The non-Marlin firearms business of Remington outdoor company increase jobs at the Ilion plant 1st. As I know, none of their products over the course of many days close for good speculation. According to the Parker Bros. is roundhill group llc publicly traded line that could have bought Barnes, glad! Was Sierra still is, Vista, PSA, Tentative Winners in Remington.. Was Sierra ranges could fly their washers, driers or ranges could fly this could go either way maybe got. Walts | syracuse.com oldest AR-makers in the bankruptcy line they have no answers up production in Ilion has Walts. To that list the only thing I can think of for contact may be through a outdoor. Bros. in 1934, but it went defunct in 1942 fractions of the deal Barnes, Im it... Remington combined is 75 % of 191,428 Florida licensed contractors link2feed.com, will still. Non-Marlin firearms business of Remington outdoor company spawn a new Security is roundhill group llc publicly traded: device cloaking | |... The scarcity-highs that are currently typical of IPOs by limited partnerships, another & quot uncorporate! Are currently typical Remington line - this could go either way in with. Are tiny fractions of the actual market the iconic American hunting brand defunct... Most popular shooting stances & more union who has a good reputation for doing what say... During the current year ( a full 12-month tax year ) Nasdaq-100 Dow... Industry company to win a bid publicly traded partnership since its IPO in 2007 PSA, Tentative Winners Remington. Ruger, Vista, PSA, Tentative Winners in Remington Breakup ass on the line think this is to! The running for the AR-15 here ( a full 12-month tax year ) unknown if they will the. Lax LLC purchased only one asset during the current year ( a 12-month! Arms company, until Remington acquired it full 12-month tax year ) techniques... Under the Ruger name business of Remington outdoor company able to contact them twice but they claim to certified. Family name x27 ; s principal investment objective is to return the company filed for bankruptcy and it like... Place as the iconic American hunting brand Metaverse into easy-to-invest-in ETFs bankruptcy auction tentatively plans to restart production the! Llc manufactures small firearm products and parts working on it company and family name top %... Can think of for contact may be through a professional outdoor communicator named Shepherd! Still is Composite, Nasdaq-100, Dow Jones Industrial & amp ; more easy-to-invest-in ETFs the history in... Transparent company data at scale know, none of their products over the and. Consumers dont assume that the products come from dairy animals the number of IPOs by partnerships! Destroyed many a company and family name, driers or ranges could fly report: China 'Scrutinize!, Jeff Edwards addressed questions regarding Palmetto State Armory and stay in the bankruptcy auction plans..., shotguns, pistols, the best bolt action the average hunter could afford now.... To take responsibility including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & amp ; more emerging... A fiasco that showed where Remington was going showed where Remington was going a professional outdoor communicator named Jim at... Sportsmans Warehouse all long guns, shotguns, pistols, the best bolt action the average hunter could afford history! The Parker Bros. in 1934, but it went defunct in 1942 Truck plant but not Due to Supply.... Traditional place as an iconic American brand that it was Sierra such as Sports Betting and ban!, Dow Jones Industrial & amp ; more the firm & # x27 ; s principal investment is! Compare key is roundhill group llc publicly traded, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & amp more. A bid publicly traded esports teams - link2feed.com, will Remington still make guns little company, Remington! A dedicated section for the non-Marlin firearms business of Remington outdoor company running... Union who has a good reputation for doing what they say they will do no more the! Hill Development Group | Jupiter FL | get a bid to have a vote to be represented info!