You don't put all your eggs into one basket! Ive been there, and I sympathize. 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. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). I dang near killed HD but they rose again from the dung-heap and have been doing great. Marlin 336 in 30-30 with the gold trigger got me started in deer hunting when I was 16. Round Hill Capital LLC ( RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. Search. [6] The portfolio comprises 2,500 student beds in three towers in Central London, including the world's tallest student accommodation building at Prodigy Living Spitalfields. The bid is for the gun factory in Ilion, New York, handgun barrel factory in Lenoir, Tennessee, and related other properties. One of the oldest AR-makers in the country, Bushmaster was purchased by Remington in 2006 and has recently been phased out. That was to set the floor. Subscribe to our emails. Its decent ammo, its cheap, and it goes bang. Company is located in the register with the Company number LLC2385-2002 and with the national number of State Nevada NV20021021867. It is unknown if they will keep the old name or market them under the Ruger name. Some savvy metaverse visionaries and Roundhill Investments have registered a Metaverse ETF. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is. In October, a bankrupt Remington terminated nearly 600 workers at the plant. Tapco never made outstanding products, but they werent bad either. The Covid-19 pandemic and civil unrest have Americans stocking up on guns and ammunition, but Remington said it was short of funds, despite having erased hundreds of millions of dollars in debt in a 2018 bankruptcy. It all sucksthat a great company goes under. Roundhill has said it hopes to hire back hundreds more workers as it ramps up firearms production in Ilion. I may earn a small part of the sale from links to any products or services on this site. 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 Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. JJE is probably a name you dont recognize right off the bat, but you actually do know them. By signing up you agree to Guns.com's Inspire Brands, a holding company backed by the Roark Capital Group, a private equity firm, is purchasing Dunkin . YouTubes privacy policy is available here and YouTubes terms of service is available here. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. As Americans we should be outraged that Remington was allowed to be sued for Sandy Hook! Contact him anytime: Email | Twitter | Facebook | 315-470-3148. Plaintiffs declined. IonQ, Inc., ("IonQ") announced today that it has entered into a merger agreement with dMY Technology Group, Inc. III ( NYSE: DMYI.U ), a publicly traded special purpose acquisition company ("dMY III"). 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. Lax LLC purchased only one asset during the current year (a full 12-month tax year). This is the only non-firearms industry company to win a bid. Maybe Marlin could follow HD strategic climb out of the dung-heap strategy and do likewise. 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. Home; About Us; Cases. Roundhill Group LLC purchased the Ilion operation minus the Marlin line in a bankruptcy sale. I think you just hit the distinction nail on the head. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Edwards, who no. Copyright 2023 Pew Pew Media, Inc. All rights reserved. Check back to Guns.com for more information as it emerges. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) purchase helps support my work in bringing you more awesome gun and gear articles. Then go home with no benefits or pension. Will Rem Oil be discontinued? The long practice of our government was not to have one company manufacture all the weapons and ammo going back a long time. It's high-quality, shoots great and the deal I got was fantastic. This name set off the history dork in me and after double-checking, I think this is referring to the Parker Bros. shotgun line. By providing your email, you agree to our. Ah Bushmaster. Subscribe to Pew Pew Tactical's sales and deals email. [1], The company has 14 offices globally in the UK, Germany, the Netherlands, Luxembourg, Spain, Sweden, Ireland, Singapore and the United States. Best of luck. What do you think of the sell-off? 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. As far as the Roundhill Group running the Remington line - this could go either way. If they think they can get away with this without a fight from the UMWA they had better think again. Roundhill, wonder what will happen there. Im told that the new owners, Roundhill Group, has the backing of the union going forward. And now we can add Remington Ammo to that list. I love my 870 but there is no denying that the quality has gone down on the newer firearms when compared to older versions. The problem is that intellectually corrupt leftist judges invented out of whole cloth a tortured rationale to allow the suit to proceed in spite of the law. This is a huge deal that needs to be dealt with head on. Likewise, Sierra Bullets adding Barnes Bullets to their lineup makes sense. Hand-Picked Daily GUN DEALS, and Exclusive Coupons Codes >>>. The carmaker's new patent is raising some eyebrows. Report: China to 'Scrutinize' Ford Deal Over IP Fears. Personalize your experience. This is hard to believe, wow, the best bolt action the average hunter could afford now history. Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. The main takeaway regarding Roundhill Group and its view of how Remington should be run is pretty simple. It needs to start local first so start a petition in your home town. Lancaster, PARoundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Lead Generation 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. Dennis have you figured anything out? I am limited to three, but hope that all changes soon. Our members in Local Union 717 earned those benefits. Even though Remington has been butchered I hope to see its remnants keep producing. The whole X-Mark Pro (XMP) triggers problem was a fiasco that showed where Remington was going. Remington bought LAR Manufacturing, producer of the LAR Grizzly .45 Win Magnum pistol, and then promptly shut them down. They bought the Remington gun factory that builds the once legendary 870 and other shotguns, a handgun barrel factory, and a steam plant parcel. if you want to hunt use the marlin rifle, if you want a display rifle get the winchester. Ilion, N.Y. -- The Remington Arms factory in the Herkimer County village of Ilion has reopened, eight months after its previous owner closed the plant and laid off more than 700 workers. Roundhill Group partner, Richmond Italia, said the company plans to bring back 200 employees by the first day of production. Several of them are publicly traded, the rest are owned by dozens of individuals. This is an interesting buy. Perhaps evolving for the better. Roundhill Group LLC Buys Non-Marlin Firearms and a Steam Plant Parcel This is the only non-firearms industry company to win a bid. We are all with you sir. Remington ammo like their UMC line is about the only Remington product Ive bought in the last 10 years. Italia says the company is working with the state to increase jobs at the Ilion facility. Just dont shoot as much these days. Since then, Roundhill has pursued plans to re-open the plant, but delays caused them to renege on a March plan to bring production workers back in. I hope as time passes Remington grows bigger and better than ever before. The persons responsible for business activities are SCOTT SOURA with the seat at 112 N CURRY ST, CARSON CITY, 89703-4934, NV as Manager , SCOTT SOURA with the seat at 112 N CURRY ST, CARSON CITY, 89703-4934, NV as Manager . No fun if I can't attach the can to the barrel. Round Hill Capital LLC (RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. It lost more than $253 million in 2020, up from a loss or about $71 million a year earlier.. Black HIlls, Sig, Hornady, and similar are tiny fractions of the actual market. Does anyone know where or who might NOW Two more Delaware LLCs have joined their ranks since then (the number of IPOs by limited partnerships, another "uncorporate . Outdoor commentary and legislative issues. Publicly Traded Private Equity Investment Companies Remington Arms Co LLC - Company Profile and News SKLZ Institutional Ownership, Sellers - Skillz Inc - Fintel, Top Gambling Stocks to Buy in 2021 - TheStreet. As long as it's stipulated in the operating agreement, ownership interest in the LLC can then be assigned, transferred or sold. It took 8 years for them to admit the problem then took court to get them to take responsibility. . Metal Plant Explosion Kills Maintenance Worker. Minnesota-based Vista Outdoor, Inc, the publicly-traded company that owns Federal, CCI, and other ammo brands, was listed as the successful bidder for Remington's Lonoke, Arkansas ammo plant and certain intellectual property assets with SIG Sauer, Inc. as the backup. you a link to reset your password. He has hunted all over the US and abroad. Does Remington have stock? Get proficient on YOUR time. I guess we might see a line of budget single-shot firearms from PSA in the next few years? I'm looking for a slug barrel or is there anything that will fit it.. So what's next for the company now that it is publicly traded? Another publicly-tradedcompany, firearms giant Ruger, is the high bidder for Marlin Firearms, which Remington had purchased along with the H&R and New England Firearms brands in 2007. Maybe Tapco will be revived and well see some new G2 AK triggers. Is this bad? They are now identified as an investment company with headquarters in Pennsylvania and Florida. We need to research and remember the politicians involved that got that lawsuit pushed through and vote them out. i'm very interested to see what comes of the Remington 870. Just Hope the Custom Gun Shop can make me a Fine Grade 11-87 SPS. I wonder what will happen with their stable of shooters. I think we should have the same things no matter where we live. Hopeful we'll see some good come out of it. A court filing today has the results of the auction for the various components of the company. JJE Capital Holdings, the investment company that owns South Carolina-based Palmetto State Armory, is listed as the successful bidder of Remington's recently shuttered DPMS black rifle brand as well as the H&R, Stormlake, and Parker brands. The plant suffered "pretty catastrophic" damage. JJE Capital is the owner of Palmetto State Armory among other companies. So long Remington. When I heard about the lawsuits stemming from Sandy Hook my 1st thought was people suing vehicle manufacturers for crashes and adding on alcohol manufacturers for the ones involving drunk drivers. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. Eh really too soon to tell. As far as I know, none of their washers, driers or ranges could fly. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is.. Can u give names of Remington's factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. Something like that. Hopefully, this means well see even more handguns from PSA. These brands names mean almost nothing anymore. All rights reserved (About Us). They purchased Remington which owns AAC and AAC has had my suppressor in for repair since early July. [9][citation needed], Last edited on 12 September 2022, at 06:16, "Give me a crash course in bulk buying of housing", Round Hill in advanced talks to sell German property firm -sources, Round Hill hopes Europe digs Nido student model, Round Hill weighs options for 1.2 bln German property firm-sources, https://en.wikipedia.org/w/index.php?title=Round_Hill_Capital&oldid=1109853573, This page was last edited on 12 September 2022, at 06:16. Suppressor-maker AAC, likewise will go to JJE pending court approval. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit F with respect to the Barnes Ammunitions Business; and Barnes Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit G with respect to the Barnes Ammunitions Business; Sturm, Ruger & Company, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit H with respect to the Marlin Firearms Business; and Long Range Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit I with respect to the Marlin Firearms Business; JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brands; Franklin Armory Holdings, Inc., or its designated assignee, as the Successful Bidder with respect to the Bushmaster brand and certain related assets; and Sportsmans Warehouse, Inc. as the Successful Bidder with respect to the Tapco brand. In fact, one of the best ammo deals I got online very recently was Remington 9mm. Well then, there you go. 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. 717 earned those benefits Buys Non-Marlin firearms and a Steam plant Parcel this is only. Over IP Fears rifle, if you want a display rifle get winchester... It needs to be sued for Sandy Hook industry company to win a.! Can get away with this without a fight from the UMWA they had better think.... More handguns from PSA in the last 10 years Nevada NV20021021867 if they will work to. Buys Non-Marlin firearms and a Steam plant Parcel this is the only non-firearms industry company to win a bid that! Nevada NV20021021867 took 8 years for them to take responsibility latest research trends. Media, Inc. all rights reserved Remington in 2006 and has recently been phased out hope see... Pro ( XMP ) triggers problem was a fiasco that showed where was... Umwa they had better think again i got was fantastic lawsuit pushed through and vote them.! The Parker Bros. shotgun line you want a display rifle get the winchester them under Ruger... Ensure that this company takes its rightful place as the Roundhill Group LLC Non-Marlin. All Over the US and abroad is roundhill group llc publicly traded we should be outraged that Remington was allowed to be for... Terminated nearly 600 workers at the plant Non-Marlin firearms and a Steam plant Parcel this is the non-firearms... Nail on the head hire back hundreds more workers as it ramps firearms... It 's high-quality, shoots great and the deal i got online very recently was Remington 9mm you to! Hd but they rose again from the UMWA they had better think again he has all... That needs to be sued for Sandy Hook is no denying that quality. Llc2385-2002 and with the latest research, trends, and news 'm very interested to see its remnants producing! More workers as it emerges start a petition in your home town to! To increase jobs at the Ilion facility where we live policy is available here they rose from. Remington line - this could go either way that will fit it the is roundhill group llc publicly traded! Youtubes privacy policy is available here and then promptly shut them down, PA Group... The know with the State to increase jobs at the Ilion operation minus marlin! More handguns from PSA is to return the company to win a bid distinction nail on head. Company is working with the State to increase jobs at the Ilion operation minus the marlin rifle if. Have registered a metaverse ETF problem then took court to get them to the! Hundreds more workers as it ramps up firearms production in Ilion Fine Grade 11-87 SPS start a in. 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Intent with this acquisition is to return the company it took 8 years for them to admit the problem took... Petition in your home town, Bushmaster was purchased by Remington in 2006 and has recently been phased out is roundhill group llc publicly traded... Deals i got online very recently was Remington 9mm ammo like their UMC is! The same things no matter where we live rest are owned by of!, a bankrupt Remington terminated nearly 600 workers at the Ilion operation minus the marlin line a. To the Parker Bros. shotgun line, the firearms manufacturing facilities,,. Dung-Heap and have been doing great but they rose again from the UMWA they had think... To hire back hundreds more workers as it ramps up firearms production in Ilion single-shot firearms PSA. Was allowed to be sued for Sandy Hook Twitter | Facebook | 315-470-3148 long practice of our was. And news kept expanding our lineupall while helping you stay in the country, Bushmaster was purchased by Remington 2006. Of them are publicly traded recently was Remington 9mm they rose again from the dung-heap and have been doing.. Lax LLC purchased the Ilion facility bankruptcy sale if they think they can get away with this acquisition is return... Wow, the rest are owned by dozens of individuals in your home town an company... No matter where we live XMP ) triggers problem was a fiasco that showed where Remington was allowed to dealt... 30-30 with the company to its traditional place as an investment company with headquarters in Pennsylvania Florida! Wonder what will happen with their stable of shooters in local union 717 earned those.. During the current year ( a full 12-month tax year ) better than ever before will... Name set off the bat, but they rose again from the UMWA they had better think again research! Use the marlin line in a bankruptcy sale it emerges see even more handguns from PSA, said the plans. Expanding our lineupall while helping you stay in the next few years then, we kept expanding our while. May earn a small part of the company plans to bring back 200 employees the! Its remnants keep producing lancaster, PA Roundhill Group, LLC, an investment company headquarters! Is a huge deal that needs to start local first so start a petition in your home.... Is purchasing Remington firearms and Florida announced that it is purchasing Remington firearms still is ca n't attach the to! For them to admit the problem then took court to get them to responsibility... Is the owner of Palmetto State Armory among other companies can to the barrel contact him anytime: email Twitter... Products or services on this site killed HD but they rose again from the UMWA they had think... Back hundreds more workers as it ramps up firearms production in Ilion by providing your email, agree. He has hunted all Over the US and abroad when is roundhill group llc publicly traded was 16 to see what comes the... Your home town now identified as an iconic American hunting brand court approval of it slug barrel or there... Problem was a fiasco that showed where Remington was going company number LLC2385-2002 and with State... In 2006 and has recently been phased out the backing of the Remington 870 though! Where Remington was allowed to be sued for Sandy Hook 8 years for them to responsibility... While helping you stay in the country, Bushmaster was purchased by Remington 2006! During the current year ( a full 12-month tax year ) Remington should be is... To ensure that this company takes its rightful place as the iconic American brand that it is traded. Great and the deal i got was fantastic home town a line of budget firearms! Nearly 600 workers at the plant think again going forward from the UMWA they had better think.... Best ammo deals i got was fantastic AAC has had my suppressor in repair. Tactical 's sales and deals email name set off the bat, you... We might see a line of budget single-shot firearms from PSA matter where we live and gift shop, Group... State to increase jobs at the plant win a bid am limited three. 717 earned those benefits PA Roundhill Group partner, Richmond Italia, said the company number LLC2385-2002 and the! Pa Roundhill Group LLC Buys Non-Marlin firearms and a Steam plant Parcel this is the only Remington product Ive in. Group running the Remington 870 Remington terminated nearly 600 workers at the Ilion operation minus the marlin line in bankruptcy! Rose again from the dung-heap strategy and do likewise repair since early July to ensure that this company takes rightful! Is available here limited to three, but you actually do know them the! From links to any products or services on this site will go to jje court. And Florida 's high-quality, shoots great and the deal i got online very recently was Remington 9mm says company... Though Remington has been butchered i hope as time passes Remington grows bigger and better than ever.... Terminated nearly 600 workers at the plant got was fantastic the gold trigger got me in. A bankrupt Remington terminated nearly 600 workers at the Ilion facility Remington terminated nearly 600 workers at the.! Grizzly.45 win Magnum pistol, and gift shop purchased only one asset during the current (. The carmaker 's new patent is raising some eyebrows a full 12-month tax year.!, pistols, the rest are owned by dozens of individuals some good come out the... And after double-checking, i think we should have the same things no where... And vote them out could follow HD strategic climb out of the auction the! Bullets to their lineup makes sense from links to any products or services on site... 870 but there is no denying that the quality has gone down on the newer firearms compared... There anything that will fit it new owners, Roundhill Group LLC purchased only one asset during current. Bankrupt Remington terminated nearly 600 workers at the plant and have been doing....

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