Gun maker Remington moves to Georgia in $100M, 856-job deal [View all]
Source: AP
By JEFF AMY
ATLANTA (AP) — 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.
Read more: https://apnews.com/article/business-new-york-georgia-atlanta-26a002fba34b6738a020a42b5589aa8e
Research??? It is a gun that kills people. How much research do they need?
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