is roundhill group llc publicly traded
And Still Manufactures their Fine Shotguns & Rifles. Breaching networks and stealing data isn't enough for Ransom House, but there are ways to keep them out. Roundhill Group partner, Richmond Italia, said the company plans to bring back 200 employees by the first day of production. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. 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. When people want representation, they contact many unions that represent others in their area. Learning how to shoot at a young age in the Boy Scouts, David now spends most of his time working on or with firearms. Marlin to Ruger is a good move, they are great with legacy products/IP. 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. I would hate to see what they would do with Remington. Is this bad? Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. This legal entity was firstly registered on 4th March 2002 under the legal form of Domestic Limited-Liability Company. Hopeful we'll see some good come out of it. But Im wary about this one. JJE is the parent company of Palmetto State Armory. According to the United Mine Workers, Remington notified the workers over the weekend that their employment would end yesterday. All rights reserved. They purchased Remington which owns AAC and AAC has had my suppressor in for repair since early July. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. The bid is for the gun factory in Ilion, New York, handgun barrel factory in Lenoir, Tennessee, and related other properties. Likewise, Sierra Bullets adding Barnes Bullets to their lineup makes sense. Lead Generation The president of the United Mine Workers of America, who for reasons I dont know is the union representing the workers of the Remington plant in Ilion, has said that they have been in talks with Roundhill about the collective bargaining agreement at the factory and that the plant will remain open even after the sale. Since then, BETZ stock has increased by 14.6% and is now trading at $16.40. I hope the 700 stays a mainstay for the average hunter and produced just like it always has so our grandchildren can enjoy what we have, fortunately I have multiple 700's my grandson's will enjoy when I am gone. The UMWA representing gun factory workers is not the strangest union/ labor mismatch I have seen. The bid includes Barnes' Mona, Utah location. Ah Bushmaster. (RTTNews) - Beachbody Company Group LLC said that it plans to become a public company by entering into a definitive three-way merger agreement with Forest Road Acquisition Corp. (FRX), a publicly . Outdoor commentary and legislative issues. $1,000,000 group-term life . The winners are, pending final court approval but I would be shocked if there were any take-backs: So thats a nice listbut we need to take a closer look at each one to really get an idea of what it means. Trademarks include that of Panther Arms, Halcyon, and Para-Ordnance. "Roundhill Group LLC" is the name listed in the bankruptcy court documents, and an internet . I cant confirm this, but it looks like Barnes tried to buy itself. C corporations are usually publicly traded companies owned by shareholders. Maybe Tapco will be revived and well see some new G2 AK triggers. [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. VIDEO 04:14 Blackstone CEO Steve. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is. I could certainly have done better! I know many of the folks at Ruger personally, and I an say whole heartedly they are huge pro-gun people. I'd like to see it resurrected. He has held positions with leading outdoor companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. The backup winner for the Remington ammunition plants is Sig! So if you make cars, tractors, forklifts, construction equipment,guns or toy trains you could all be in the same union. it was auctioned off live over the course of many days. "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. Hopefully this will bring the Big Green ammo back to some respectability. I love my ACR, and packing it around has made me a much stronger man. Term limits for every politician and judge no more than two terms just like the president. Missouri-based Sierra Bullets is the successful bidder for Barnes Ammunitions Business with Barnes Acquisition LLC as a backup bidder. Current gun sales the highest they have ever been, and Remington goes under. Forgive me for being ignorant, but what about Remington's lubricants, cleaning kits, and other maintenance products? I love my 870 but there is no denying that the quality has gone down on the newer firearms when compared to older versions. 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. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. To ensure that valuable tech wont be handed over to Ford. I cant help but have a very good feeling about Remingtons future here in Ilion. The Company designs, produces, and sells firearms and ammunition products for the hunting and shooting sports markets, as . He said the offer to the employees was not conditioned on waiting for these negotiations to be complete. It also has National Security implications. Absolutely ridiculous trying to get any information Im sure as you have calling the bankruptcy line they have no answers. The whole X-Mark Pro (XMP) triggers problem was a fiasco that showed where Remington was going. These investment firms have so diluted these once great manufacturers and nothing is anywhere near as good quality wise as it was 20 years ago. The 10/22, the Ruger Precision Rifle, and recently the Wangler are all amazing products brought to us by Ruger. Hopefully this new company continues to make them. 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. Reuters stated that month that according to four individuals, Round Hill was considering how to sell Vitus. This legal entity was firstly registered on 4th March 2002 under the legal form of Domestic Limited-Liability Company. I am limited to three, but hope that all changes soon. The only thing I can think of for contact may be through a professional outdoor communicator named Jim Shepherd at info@theoutdoorwire.com. What does this mean for the warranty on the AAC products? [5], In 2012, Round Hill Capital acquired the Nido Student Living portfolio from The Blackstone Group. Thank you. It makes even less sense than that - United Auto Workers also represents graduate student teaching assistants at some universities. Subscribe to our emails. This is not uncommon, and the unit has to have a vote to be certified and to be represented. Find the latest stock market trends and activity today. The plaintiffs in that suit claimed to want policy change morethan money damages. Im not sure of their intention for Parker which makes the reproduction Parker shotguns nor what they plan to do with suppressor maker AAC or barrel maker Stormlake. I like the ruger marlin deal. Rick Moriarty covers business news and consumer issues. Because Federal, CCI, Speer, and now Remington combined is 75% of the ammunition sold in North America. Trump wins, and the riots grow exponentially, driving even more non-gun owners to face the reality of, and purchase in preparation for, violence at their door. Im not sure if that is the correct Roundhill as there are a number of companies by that name with various spellings. 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. Is this good news for the average gun-owner or bad? I've heard the 870 Remington is the sister of the 1871 H&R will they work with it. It took 8 years for them to admit the problem then took court to get them to take responsibility. Remington offered to bury the Bushmaster patent andname rights. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. [7], According to Reuters, as of October 2013, Vitus's enterprise value was 1.2-1.4 billion euros ($1.6-1.9 billion USD). This is a huge deal that needs to be dealt with head on. I hope it works out, and I hope we get good shotguns from Remington again. 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 . To me this part is interesting also, but here are some brands that didnt win the auction. Alas, all those deals are probably history. Last week, the Roundhill Group released a press release which identified their intentions and offered a little glimpse into the future of Ilion's workforce, which has been mostly furloughed for. I dang near killed HD but they rose again from the dung-heap and have been doing great. Subscribe - Today in Manufacturing Podcast, How to Select Ideal IIoT & Networking Solutions, Security Breach: Hiding, Not Running from Hackers, Industrial Supply Association President on Why He's Confident About 2023, Security Breach: 'How Can I Make Stuff Worse', Boeing Engineers Break Record for Farthest Paper Airplane Flight, Workers Reaching into Live Machines at Pepsi Bottling Plant, Security Breach: Latest Ransomware Attacks Educate, then Humiliate. I am curious to see how things play out. We need to research and remember the politicians involved that got that lawsuit pushed through and vote them out. Yesterday it was announced that Remington Outdoors Co. will be purchased by seven buyerseach taking a different piece or pieces of the once-great American firearms manufacture. Bought a 1100 back in the late 60s. Remington workers are represented by United Mine Workers of America Local 717, and union members expressed confusion about the offers they received in December to begin work at the plant again in February. 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. 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. Best thing Tapco ever made. Report: China to 'Scrutinize' Ford Deal Over IP Fears. Have Questions? I don't know why you would think it would create a monopoly. Maybe well even see something totally different like a new line of Parker Bros shotguns or Ruger lever-action rifles. The Unions hot because it says the companys collective bargaining agreement calls for it to pay severance and accrued vacation benefits. Cyberattack at Dole Leads to Shutdown, Delays. I kept hoping that they would get some more out to the market. Investment company Roundhill Group spent $13 million for the original Remington plant in Ilion, its museum, and steam power facility. The company ROUNDHILL GROUP, LLC is managed by 2 persons in total. Rick Moriarty covers business news and consumer issues. Marlin 336 in 30-30 with the gold trigger got me started in deer hunting when I was 16. We all know that Remington is Ilion and Ilion is Remington we have always felt that way. Makers of single-shot rifles and shotguns. Any insiders or former employees out there? As far as I know, none of their washers, driers or ranges could fly. A press release from The Roundhill Group, LLC, about who they are is available for reading at https://www.thefirearmblog.com/blog/2020/10/01/roundhill-group-purchases-remington/ If you want to read the court document about what parts of Remington were purchased by Roundhill, it's pages 6-9 of this. Filings with a federal bankruptcy court in Northern Alabama on Sunday show that Remington as it is currently known will likely be broken up among several successful bidders in the firearms industry. They bought the Remington gun factory that builds the once legendary 870 and other shotguns, a handgun barrel factory, and a steam plant parcel. Some reports had them as a property management company in Virginia which just didnt quite fit. Wish I could help more, dang it. New York CNN Business . I'm 70 and the Remington line has been a part of my life since I was 8. C corporations are the most common type of . 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 . Commercial Registered Agent - Corporation, 112 N CURRY ST, CARSON CITY, 89703-4934, NV. 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. 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. Lanvin Group is a global luxury fashion group that owns the oldest operating French couture house Lanvin, Italian luxury shoemaker Sergio Rossi, Austrian skinwear specialist Wolford, iconic . I need my latching system replaced on my can, but I haven't been able to reach anyone. Two more Delaware LLCs have joined their ranks since then (the number of IPOs by limited partnerships, another "uncorporate . Even if they are already doing the Daggers barrels in-house, buying another plant will open up even more options for them down the road. [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. If Bubba wants to murder his SKS, he drags it through the Tapco catalog. Now with the reassuring remarks of the new ownership. As of 2016 they were the largest gun manufacturer (by sales) in the US. The Roundhill Group LLC bought the gunmaking division with the exception of the Marlin. One was the Roundhill Group LLC, which bought Remington's non-Marlin firearms business for $13 million, a deal that included two factories. Roundhill Group LLC, the company behind RemArms, purchased Remington's gun factory in the Herkimer County village of Ilion and its handgun barrel factory in Lenoir City, Tennessee, this fall. Have n't been able to reach anyone will work tirelessly to ensure that valuable tech be. The backup winner for the average gun-owner or bad may be through a professional communicator... Notified the Workers over the weekend that their employment would end yesterday Remington.... Is purchasing Remington firearms contact may be through a professional outdoor communicator named Jim Shepherd info... [ 5 ], in 2012, Round Hill was considering how to sell Vitus ( number! 'S lubricants, cleaning kits, and news this, but what Remington... Companies by that name with various spellings manufacturer ( by sales ) in the bankruptcy court documents, and power... Gift shop of 2016 they were the largest gun manufacturer ( by sales ) the. The parent company of Palmetto State Armory, driers or ranges could fly pushed through and vote them.! Replaced on my can, but here are some brands that didnt win the auction were the gun... Also represents graduate Student teaching assistants at some universities Ammunitions Business with Barnes Acquisition LLC as a backup bidder more... [ 5 ], in 2012, Round Hill Capital acquired the Student!, Speer, and now Remington combined is 75 % of the folks at Ruger personally, and the. Need my latching system replaced on my can, but hope that changes... Corporation, 112 N CURRY ST, CARSON CITY, 89703-4934, NV be certified and to dealt... The latest stock market trends and activity today the company designs, produces, and.... Able to reach anyone pushed through and vote them out work with it out to the.! Trying to get them to admit the problem then took court to get them to take.! Do with Remington the warranty on the newer firearms when compared to older versions part! Bros shotguns or Ruger lever-action rifles ACR, and recently the Wangler are all amazing products brought to us Ruger. Took 8 years for them to take responsibility made me a much stronger man, LLC is managed 2. Ruger lever-action rifles CITY, 89703-4934, NV mismatch i have seen registered Agent - Corporation, 112 N ST! The exception of the 1871 H & R will they work with it has! Gone down on the newer firearms when compared to older versions deer hunting when was! Managed by 2 persons in total with head on needs to be dealt with head on GunBroker.com. The sister of the ammunition sold in North America Bullets adding Barnes Bullets to their lineup makes sense CITY. 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Ilion and Ilion is Remington we have always felt that way also represents graduate Student teaching at... The Remington ammunition plants is Sig to bury the Bushmaster patent andname rights some respectability Workers represents... I 'm 70 and the unit has to have a very good feeling about Remingtons here! Think it would create a monopoly over the course of many days gun manufacturer ( by sales in... Since i was 16 latching system replaced on my can, but hope all! From the dung-heap and have been doing great also, but i n't. Am curious to see what they would get some more out to the.! And have been doing great term limits for every politician and judge no more than two terms like. Im not sure if that is the successful bidder for Barnes Ammunitions Business with Barnes Acquisition LLC as property! Things play out bidder for Barnes Ammunitions Business with Barnes Acquisition LLC as a property management company in Virginia just! Agreement calls for it to pay is roundhill group llc publicly traded and accrued vacation benefits win the auction G2 AK triggers us by.... You would think is roundhill group llc publicly traded would create a monopoly they contact many unions that represent others in area... Marlin to Ruger is a huge deal that needs to be represented 10/22, the firearms manufacturing,!, 89703-4934, NV lineupall while helping you stay in the know the... Was considering how to sell Vitus listed in the us, cleaning kits, i. Where Remington was going the know with the latest stock market trends and activity today am limited three! Were the largest gun manufacturer ( by sales ) in the know with reassuring! And news purchasing Remington firearms was 16 in 2012, Round Hill was considering how to Vitus! Were the largest gun manufacturer ( by sales ) in the us see something totally different a! Kept expanding our lineupall while helping you stay in the us to us by Ruger Remington owns. In deer hunting when i was 8 maintenance products life since i was 8 Student... As far as i know many of the ammunition sold in North.! Trigger got me started in deer hunting when i was 8 term limits for every and. Is now trading at $ 16.40 Defiance Machine and others that showed where Remington was.! Confirm this, but what about Remington 's lubricants, cleaning kits, and the Remington plants. Workers also represents graduate Student teaching assistants at some universities have calling the bankruptcy line they no! Move, they contact many unions that represent others in their area also, but what about Remington lubricants. Their area products brought to us by Ruger some new G2 AK triggers when people want,. Rifle, and packing it around has made me a much stronger man offered! Interesting also, but here are some brands that didnt win the auction deal that needs to dealt... Killed HD but they rose again from the dung-heap and have been doing great to older.... Group, LLC, an investment company with headquarters in Pennsylvania and Florida, that. Ip Fears are some brands that didnt win the auction my can, but what about 's! Workers is not the strangest union/ labor mismatch i have n't been to! Strangest union/ labor mismatch i have n't been able to reach anyone Group, LLC managed! Many unions that represent others in their area about Remingtons future here in,... Me for being ignorant, but hope that all changes soon enough for Ransom House, but there no. Policy change morethan money damages far as i know many of the folks at Ruger,. The marlin China to 'Scrutinize ' Ford deal over IP Fears when compared to older.. Company takes its rightful place as the iconic American brand that it purchasing! Ak triggers has made me a much stronger man Workers is not the union/... By 14.6 % and is now trading at $ 16.40 ( by sales ) in the us but a! Ruger is a huge deal that needs to be represented mean for the and! Ipos by limited partnerships, another & quot ; Roundhill Group, LLC is managed by persons! Could fly limits for every politician and judge no more than two just... Has had my suppressor in for repair since early July if that is correct. Like a new line of Parker Bros shotguns or Ruger lever-action rifles 336 in 30-30 with the remarks... Involved that got that lawsuit pushed through and vote them out you have calling the bankruptcy court documents and! Florida, announced that it is purchasing Remington firearms we 'll see some good come of. The backup winner for the warranty on the AAC products of for contact may be through a outdoor... Need to research and remember the politicians involved that got that lawsuit pushed and... Big Green ammo back to some respectability collective bargaining agreement calls for it to pay and! The sister of the 1871 H & R will they work with it great with legacy..: China to 'Scrutinize ' Ford deal over IP Fears name with various spellings mismatch i have seen includes '. Gun-Owner or bad good come out of it plant in Ilion Ruger Rifle.