You don’t have to have your head in the sand to know that Remington, or “Big Green” in the industry, fought off bankruptcy for several years and each time came back worse for it. Then, they went full-on Chapter 7– that’s the nasty kind of bankruptcy where the debtor’s (Remington’s in the case) assets are sold off to pay the company’s lenders (creditors) by the court.
This left many of the big names looking to carve away the best slices of the old Remington pie before the flies set it. The folks that make Federal ammo bought the rights to the RemingtonTM name and most of its ammunition-making concerns and are now delivering that without a beat. Ruger bought Marlin. Franklin Armory bought the albatross that is Bushmaster. The people that own Palmetto State Armory bought AAC Suppressors, DPMS, Panther, and a bunch of other names. So on and so on.
What was left of Remington’s firearms business, a rifle/shotgun factory in New York and another one in Tennessee that make handguns, went to an outfit that is now calling themselves RemArms and, fighting labor issues, is back to work making a much smaller catalog of the old Remington’s classics like the Model 700 rifle, 870 shotgun, and their variant of the M1911– the R1.
Roll that beautiful RemArms footage!
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