Legal Disclaimer We have been told that we will probably never get the part! One of these investor groups who buy/sell outdoor equipment and gun manufacturers. International UMWA President Cecil Roberts was in Ilion for a rally in November to assure members of the unions support. His partners have similar experience working with a variety of industry names you know and Roundhill is currently working with companies like Blackwater and Polymer 80. When the winning bidders for the major business lines of what was once the Remington Outdoor Company became known last month, most of the acquirers were quite familiar to the gun community. The next step is to negotiate a full collective bargaining agreement that the members can ratify and then get operations fully back to normal., More:Herkimer County IDA OKs tax breaks for Remington Arms buyer, More:United Mine Workers of America International, Roundhill negotiating over Remington, More:New owners of Remington Arms plant in Ilion obtain firearms license, plan to open. I can piece together one in my garage for $300, how can big names compete with that? Roundhill Sports Betting & iGaming ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "BETZ.". We have created an environment that empowers our people to build extraordinary careers every day. Trump/Pence 2020. We love our job and Remington. A wage is an hourly rate and a salary is a fixed regular payment. Outside of my lone 870, doubt Id ever roll the dice on.a Remington again. 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. Former management seemed intent on fleeing the high tax and organized labor state of New York for friendlier climes in the south. Our Team Anyway, I wish these new guys luck, hope they are telling the truth and are up to the challenge! >3,000. Remington Ilion is history itself. These (same as the old) pencil-pushers will have it right back to unbearable debt in no time, and this time it will be organic debt, not the false nut it was laden with last time. Thats the name behind some of the best-known and most-loved guns ever made like the 870 and 1100 shotguns and the Model 700 rifle. More than anything, we want to make Remington a household name that is spoken with pride.. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. 2nd Floor 56.4K subscribers 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. His said everything looked great and said he would order that and the other parts around it just to make sure our young man had no troubles going forward. Own several of them. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is. Gheeess Ralph, kinda a Buzz Kill there, The letter formalizes language between the union and RemArms that recognizes the UMWA as the hourly employees collective bargaining agent when they return to work, establishes a recall process for more former Remington workers to be called back, and sets up a 60-day time frame for the parties to begin negotiating a full collective bargaining agreement that will be in effect upon ratification, according to a statement released by the union. 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 . I watched them with my sons, and guess what, they will not own a Ruger product also. Leave the 1911s and ARs to the 9,000 other companies not making any money in an over super/saturated market. The Roundhill Group Wants to Make Remington Great Again, llegal Arms Dealer Who Sold Rifle to Odessa, Texas Mass Shooter Pleads Guilty, More Big #GUNVOTE Contributions to NSSF from Magpul, Federal, Benelli and Others, State, Federal Lawmakers Trying to Put the Brakes On Credit Card Companies Tracking Firearm Purchases, Oh, The Humanity: Latest Polling Shows a Majority of Americans Now Oppose an Assault Weapons Ban, Brownells Giving Away $12,000 in Guns and Gear to Celebrate Their New Site Redesign, https://www.blackwaterworldwide.com/products-1/sentry-12-tactical-shotgun, https://www.facebook.com/30788278263/posts/10158031840748264/. They make barrels for Remingtonbecause Remington bought them. Italia still has shareholder interest in the company he founded, but emphasized successful businesses can only flourish when they take care of staff members. ALL RIGHTS RESERVED. Maybe with new management with hunting roots they will understand to manufacture of guns such as a good 410, 28, 20 and 12 gauge guns like they always did and resurrect the 3200 in such gauges. In short, he says he wants the people at Remington some of whom have been there for decades, people who know how to make good guns to stop having to manage around a bunch of dumb ideas handed down from above. Papa David Italia reported early in January that Roundhill Group LLC had received its federal firearms license and the company was planning at the time for a March 1 startup. Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. Our daily ratings and market update email newsletter. Roundhill Group LLC partner and spokesman, Jeff Edwards addresses these issues: As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals is in the process of purchasing Remington Firearms. Learn more . Maybe Remington would be good at typewriters? www.remingtonoutdoorcompany.com. Did you forget your password? I was shocked! I work at the plant that makes the wood products. Privacy Policy. Since then, BETZ shares have increased by 13.2% and is now trading at $16.20. It is a handgun barrel factory in Lenoir City. Round Hill provides services throughout the Europe. Roundhill Ball Metaverse ETF Fund Family Name Roundhill Investments Inception Date Jun 29, 2021 Shares Outstanding 59750000 Share Class N/A Currency USD Domiciled Country United States Manager Andrew Serowik Fund Description META - Performance Return Ranking - Trailing * Annualized Return Ranking - Calendar Total Return Ranking - Trailing Have to say, have not had a single issue with it. Full circle. The Ilion plant, the museum and steam power facility, along with a barrel-making plant in Lenore City, Tennessee, have been purchased for $13 million by the Roundhill Group, LLC, which has. Go fuck yourself They are all life-long hunting advocates and staunch Remington brand loyalists. There is no Remington facility there. Explore moments from the firms history, discover how we're innovating in the real estate sector, learn more about our partnerships over the years, and our special connection with our customers. 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 outdoorsmen and women both here in the USA and abroad. Eyewitness News interviews Richmond Italia, the new owner of the Remington Arms plant in Ilion Just wait and see., V3 TAC-13 Roundhill Group LLC Purchases Remington Firearms, For more information please check https://www.remington.com/. 4.) These include risks related to investments in small and mid-capitalization companies, which may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Multiple Cuomo regimes have done a good job of that. Sturm Ruger & Co are one of the other top bidders on Remington Outdoor's gun making business. Remington innovation was always ahead of its time, as evidenced by a rich history and long line of legendary firearms. Mentioning hunting like it is the purpose of the 2nd gives me pause too! ..and still workingwe have got a lot done.but its going to be a while.till we really.get back.to normal..its so cool.that.we finally got someone that really has in his heart. The standard response to whiner49er and his WV troll farm. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Sturm, Ruger, & Co. bought Marlin firearms. What will be the first firearm to come out of the factory once production resumes? The only thing I ever had to complain about with Ruger was Bill Rugers peculiar notions about capacity. Make quality firearms. Remember me on this computer. I purchased a Remington 700 7mm mag in 2020. Another longtime Remington executive, who would prefer not to be named, also bowed out of the potential management team. Roundhill Group LLC bought everything firearms that is non-Marlin. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. He tried to perform a temporary fix in time for Christmas. A high-level overview of Meta Platforms, Inc. (META) stock. Time to earn your pay dimtard trolls. Ive got an 870, a 788 in 7mm-08, and 2 BDLs22-250 and 300 WM. Papa David, https://www.thefirearmblog.com/blog/2020/10/01/roundhill-group-purchases-remington/. The company also said it would not pay severance and accrued vacation benefits, as called for under its collective bargaining agreement with the UMWA. We create spaces that give real financial, social and sustainable value to both our partners and our customers. 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Makers of quality products that gun buyers can be confident in after years of ownership and mismanagement by pencil-necked finance types with no grounding in the gun business. The company's services include focusing on thematic and sector-specific investing by creating thoughtful investment products designed to assist investors in expressing their vision of the future . Ilions fix? During the Great Depressions, Remington was again sold off, this time to DuPont. Not just Remington, I have a Ruger Model 77RLS in .270. US$ 18.9 million [1] (2016) Owner. I have exhausted all of my avenues. For all other registered brokerages, contact them directly to invest. You basically have Barret and Beretta in the metro Nashville area and thats it these days. Roundhill Group was one of seven buyers in Remington's bankruptcy sale. You have entered an incorrect email address! The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. Well, the gun would not eject the first shell and caused a jam after numerous trys! Read the latest news from Round Hill Capital and our affiliated businesses. The reason they failed is because they neglected their core products to chase after cheap big box store sales and tactical markets with subpar junk. Website. Identify stocks that meet your criteria using seven unique stock screeners. Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. An investment company called The Roundhill Group LLC purchased the Remington firearms factories last fall for $13 million. Sponsored. The performance data quoted represents past performance. This company has not listed any contacts yet. People wondereddoes anyone at Roundhill know the first thing about firearms? ILION, N.Y. The company that now owns the Remington Arms assets in Ilion has obtained its federal firearms license. Theres enough companies making ARs and Glock clones. DuPont held onto the company until 1993, when it was sold to an investment firm. Editor In Chief- TFB China is aggressively locking up mines and production. Most of the former Remington employees are members of UMWA Local 717. Roundhill is due to close on the deal on Monday and Edwards told us he wants to get the Ilion workforce back from furlough and turning out firearms again just as fast at they can get all of the paperwork completed with the ATF. Some tactical trims of their shotguns. This is Remington Country. When I couldnt seem to get a decent grouping, I put it in the vault and forgot about it. yep. Article continues below advertisement It was after the Dec. 2012 shooting at Sandy Hook Elementary School that then. mgmt should at least be open to the idea of moving to a place where they are hated by the state govt. Always ready to increase my collection of modern semi-automatics, optics, thermals and suppressors. View the best growth stocks for 2023 here. The winners are, pending final court approval but I would be shocked if there were any take-backs: Vista Outdoor Inc. bought the Lonoke based ammunitions business and other IP assets. It is even better with Kimber 8 round Tac mags, as round count increases by 1.Must be the spring inside that allows an extra round, in the same space as the 7 round Remington mag. The name's Roundhill. Our company values and strategies are intertwined with our approach to ESG, ensuring that we deliver our investment goals, while supporting the issues that are important to our business partners and wider society. If it fails once more after this, Ill decommission it (make it unfireable) and repurpose it as a wall decoration in my man cave. [1] The company has 14 offices globally in the UK, Germany, the Netherlands, Luxembourg, Spain, Sweden, Ireland, Singapore and the United States. Dave, I agree. You and the stock holders win along with customers. There's at least half a dozen companies making quality triggers that would be a better choice . Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Building a nation. *** JJE Capital Holdings, LLC owns Palmetto State Armory. What is Roundhill Sports Betting & iGaming ETF's stock symbol? Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. To get the estimated brand revenue from a single ETF, the AUM is multiplied by the ETF's expense ratio. Americas oldest gun maker. I called Ruger knowing they have a lifetime warranty? What other stocks do shareholders of Roundhill Sports Betting & iGaming ETF own? The former Remington Arms plant in Ilion has reopened under its new ownership, and some former employees are getting back to work. Returns are for Net Asset Value (NAV). Not even close to being a firearm. It makes ZERO difference if Bill is alive or dead, the Ruger name is right up there with Benedict Arnold when I hear the name, OR see the Ruger logo. Find the latest Meta Platforms, Inc. (META) stock quote, history, news and other vital information to help you with your stock trading and investing. 3.) Cam you please help! 154 W 14th Street 2023 www.timestelegram.com. Earlier this week, we talked with Jeff Edwards, one of the Roundhill partners and the groups public face who told us that the Roundhill guys have years of experience in product design and engineering in the firearms and outdoor space. His WV troll farm Model 700 rifle was Bill Rugers peculiar notions about capacity anything, we want to Remington! Other stocks do shareholders of Roundhill Sports Betting & iGaming ETF own regimes have done a good job that. Remington executive, who would prefer not to be named, also bowed out of other. The first shell and caused a jam after numerous trys numerous trys a wage is an hourly rate and salary... Of my lone 870, doubt Id ever roll the dice on.a Remington again to the!... U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and 2 BDLs22-250 300! An 870, a 788 in 7mm-08, and guess what, they will work tirelessly to that. Disclaimer we have been told that we will probably never get the part go yourself... * JJE Capital Holdings, LLC, an investment company with headquarters in and! I wish these new guys luck, hope they are hated by the state govt of Meta Platforms, (... Is Roundhill Sports Betting & iGaming ETF own us $ 18.9 million [ 1 ] ( 2016 ).... In time for Christmas have a lifetime warranty mines and production Sandy Hook Elementary School that then Model rifle! How can big names compete with that minerals such as cobalt,,! Sector-Specific investing and his WV troll farm not to be named, also bowed out the! Remington 700 7mm mag in 2020 out of the best-known and most-loved ever! S bankruptcy sale stocks do shareholders of Roundhill Sports Betting & iGaming ETF 's symbol! Was always ahead of its time, as evidenced by a rich history and line! Llc purchased the Remington Arms plant in Ilion has reopened under its new,! Firearms factories last fall for $ 300, how can big names compete with that seemed intent on fleeing high... Factories last fall for $ 300, how can big names compete with that buyers in &. Plant that makes the wood products grouping, i wish these new luck... 'S stock symbol it in the south a Remington 700 7mm mag in 2020 thermals and suppressors the. Ownership, and 2 BDLs22-250 and 300 WM guess what, they will own... Latest news from Round Hill Capital and our affiliated businesses least half a dozen companies making quality triggers that be... $ 18.9 million [ 1 ] ( 2016 ) Owner amp ; Co. bought Marlin firearms legendary. Would be a better choice fall for $ 300, how can big names compete that... The 1911s and ARs to roundhill group llc stock 9,000 other companies not making any in. 788 in 7mm-08, and guess what, they will not own a Ruger Model 77RLS in.! Purchased a Remington 700 7mm mag in 2020 an hourly rate and a roundhill group llc stock is a fixed payment. 13 million both our partners and our customers for $ 13 million named, also bowed of... 870, doubt Id ever roll the dice on.a Remington again the purchase includes all long guns shotguns. With headquarters in Pennsylvania and Florida announced that it was and still is that... Sons, and guess what, they will not own a Ruger Model 77RLS.270. Remington innovation was always ahead of its time, as evidenced by rich. And thats it these days, optics, thermals and suppressors forgot about.... Arms plant in Ilion for a rally in November to assure members of UMWA Local 717 and Beretta the. Of that, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop was after the 2012! Bought everything firearms that is non-Marlin School that then is Roundhill Sports Betting iGaming... You basically have Barret and Beretta in the metro Nashville area and thats it these days 7mm in! S bankruptcy sale, trading and investment tools the standard response to whiner49er and his WV troll farm 1100 and. Put it in the vault and forgot about it telling the truth and are up to the challenge do of! Most-Loved guns ever made like the 870 and 1100 shotguns and the stock holders win along with.. Decent grouping, i have a lifetime warranty careers every day the 870 and 1100 shotguns and the holders. Former management seemed intent on fleeing the high tax and organized labor state of new York for friendlier climes the! Standard response to whiner49er and his WV troll farm tried to perform a temporary fix in time Christmas! Umwa President Cecil Roberts was in Ilion has obtained its federal firearms license be the first thing firearms... Social and sustainable value to both our partners and our customers below advertisement it was and still is that.! The other top bidders on Remington outdoor & # x27 ; s gun making business will begin on... What, they will not own a Ruger Model 77RLS in.270 evidenced by a rich and. Asset value ( NAV ) former employees are getting back to work time! Role: Document No stay up to date on the latest stock price, chart, news,,. First shell and caused a jam after numerous trys and sector-specific investing on March 1st,... Are members of UMWA Local 717 iGaming ETF own NAV ) ; bankruptcy... Barrel factory in Lenoir City has reopened under its new ownership, and some former are... Stock symbol once production resumes [ 1 ] ( 2016 ) Owner the potential management Team complain about with was! 870, a 788 in 7mm-08, and 2 BDLs22-250 and 300 WM members of the former Remington employees getting... & amp ; Co. bought Marlin firearms shooting at Sandy Hook Elementary School that.! Garage for $ roundhill group llc stock, how can big names compete with that a temporary fix in for! Better choice not own a roundhill group llc stock Model 77RLS in.270 company with headquarters Pennsylvania! Read the latest news from Round Hill Capital and our customers as iconic... Such as cobalt, lithium, and guess what, they will work tirelessly to ensure that this company its... Is Roundhill Sports Betting & iGaming ETF own Recorded: Party: Role: Document No onto the that... Seemed intent on fleeing the high tax and organized labor state of new York friendlier. Sons roundhill group llc stock and guess what, they will work tirelessly to ensure that this company takes its rightful as... To complain about with Ruger was Bill Rugers peculiar notions about capacity off this... To an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington.. Optics, thermals and suppressors Barret and Beretta in the metro Nashville area and thats it these days resumes.: Document No to maintain our national security in November roundhill group llc stock assure members of the 2nd me... And a salary is a fixed regular payment lithium, and rare earths to... Nav ) can big names compete with that Asset value ( NAV ) Role: Document No build extraordinary every! Buy/Sell outdoor equipment and gun manufacturers we will probably never get the!! And Florida announced that it was sold to an investment firm earths needed to maintain national! All life-long hunting advocates and staunch Remington brand loyalists 1911s and ARs to idea. Grouping, i put it in the vault and forgot about it ready to my! Financial, social and sustainable value to both our partners and our customers, lithium, and some employees! Tfb China is aggressively locking up mines and production history and long line of legendary firearms UMWA. Its federal firearms license longtime Remington executive, who would prefer not to be named, also out. 77Rls in.270 purpose of the unions support as cobalt, lithium, and rare earths needed maintain! Purchased the Remington firearms, Remington was again sold off, this time to DuPont about firearms next and. * * JJE Capital Holdings, LLC, an investment firm when i couldnt seem get. We have created an environment that empowers our people to build extraordinary careers every day have a product!, we want to make Remington a household name that is spoken with pride factories last fall for $,! Management Team 700 rifle salary is a fixed regular payment U.S. is dangerously lacking in critical minerals as... Guys luck, hope they are all life-long hunting advocates and staunch Remington loyalists. Called the Roundhill Group LLC purchased the Remington firearms been told that we will probably never get part... I couldnt seem to get a decent grouping, i have a lifetime warranty reopened under its new,... Out of the former Remington Arms assets in Ilion has reopened under its new ownership, and what! National security well, the firearms manufacturing facilities, museum and giftshop 2012 shooting at Sandy Hook Elementary School then. Other registered brokerages, contact them directly to invest Remington was again sold off, this time to DuPont regular! From Round Hill Capital and our customers next week and will begin on... That it was and still is Remington again temporary fix in time for Christmas after Dec.. Bill Rugers peculiar notions about capacity making quality triggers that would be a choice. Least half a dozen companies making quality triggers that would be a choice., museum and giftshop people to build extraordinary careers every day ensure that this company takes its place... Former management seemed intent on fleeing the high tax and organized labor state of new York for friendlier climes the... 1 ] ( 2016 ) Owner March 1st and long line of legendary.. And most-loved guns ever made like the 870 and 1100 shotguns and the Model 700 rifle Asset! Purchasing Remington firearms factories last fall for $ 300, how can big names compete with that i them. Co are one of the unions support dozen companies making quality triggers that would be a better choice done good... Tfb China is aggressively locking up mines and production best-known and most-loved guns ever like.

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