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 . Ford Vehicles Could Soon Repossess Themselves. Maybe JJE got it as a package deal, buy 4 brands get 1 free? That saidit also wouldnt surprise me if Sierra decided to buy Barnes with the express goal of canning the whole brand and absorbing the assets. Sadly, Remington isnt what it once was. [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. Steve is absolutely correct. gear. Round Hill Development Group | Jupiter FL | Get a Bid publicly traded esports teams - link2feed.com, Will Remington Still Make Guns? Roundhill Group Acquires Remington. According to the court documents, the winning bid was for $13 million and this has been approved by the US Bankruptcy Court of the District of Northern Alabama. Round Hill Asset Management was founded in 1986 by Channing T. Lushbough. I cannot find the website for Roundhill Group LLC the company that bought Remington's firearms business. Headquartered in Kansas City, Mo., Hallmark has a diverse portfolio of businesses: Hallmark offers a wide range of greeting cards, gift wrap and related products in more than 100 countries and 100,000 retailer rooftops worldwide, including a network of company-owned and independently-owned Hallmark Gold Crown stores in the United States, Canada . Vote all the bums out of Washington. It lost more than $253 million in 2020, up from a loss or about $71 million a year earlier.. When you get hit by a drunk driver you dont go after GM. As of 2016 they were the largest gun manufacturer (by sales) in the US. A handgun barrel manufacturing brand. Remington had it problems with quality due to corporate greed but they didnt deserve this. I think the Ruger/Marlin combination could be good for the Marlin line. They will work tirelessly to ensure that this company takes its rightful place as the iconic American brand that it was and still is. It's an exchange-traded fund (ETF), or a basket of securities that trade on an exchange, just like a . Current companys status is Permanently Revoked. They bought the Remington gun factory that builds the once legendary 870 and other shotguns, a handgun barrel factory, and a steam plant parcel. 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. Round Hill Capital LLC - Company Profile and News - Bloomberg Markets Bloomberg Terminal Demo Request Bloomberg Connecting decision makers to a dynamic network of information, people and. You'll now receive newsletters of our best articles on techniques, Community Rules apply to all content you upload or otherwise submit to this site. If one of these companies bought that line maybe they can bring them back to being excellent again. Sig, Hornady, Winchester, Black Hills and many more. Seems, however, that while the contract and pension obligations were part of the Roundhill acquisition, the employment obligations werent. Whos next, Ruger, Winchester, maybe Colt? Marlin to Ruger is a good move, they are great with legacy products/IP. This is not uncommon, and the unit has to have a vote to be certified and to be represented. Is this good news for the average gun-owner or bad? Perhaps evolving for the better. When I was there the motto was quantity not quality i knew when I was there this day was coming sooner than later. Click below for a FREE LESSON! . is roundhill group llc publicly traded 2022, Roundhill Launches Cannabis ETF (CBOE: WEED). According to WKTV Channel 2 Utica (NY), maintenance will begin on the plant in mid-February in preparation for the March 1 restart. Only time will tell. One was the Roundhill Group LLC, which bought Remingtons non-Marlin firearms business for $13 million, a deal that included two factories. About Us; Staff; Camps; Scuba. Likewise, Sierra Bullets adding Barnes Bullets to their lineup makes sense. And Still Manufactures their Fine Shotguns & Rifles. 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. By signing up you agree to Guns.com's Makes a lot of sense. 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. Bankrupt gunmaker Remington has been parted out and sold. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. I've heard the 870 Remington is the sister of the 1871 H&R will they work with it. Jun 30, 2021, 09:00 ET NEW YORK, June 30, 2021 /PRNewswire/ -- Roundhill Investments ("Roundhill"), a registered investment advisor and ETF sponsor focused on developing innovative financial. 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 Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with JJE is the parent company of Palmetto State Armory. Remington offered to bury the Bushmaster patent andname rights. 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. Let us know in the comments! Also on the podcast, TI's massive expansion, Tesla recalls "full self-driving," Marksbury fined over child labor, GM patents self-cleaning touchscreen and thief steals thousands of chocolate Easter eggs. This time for real. He lived off a bottle of ketchup and some seasonings. 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 Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. I understand people need jobs to survive, he said. Its a cheap shot by dirty politicians willing to whittle away at the 2A by any means possible. 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. Who knows with this nonsense going on in California, we might win for a change. Maybe you should view the AR-556 as Ruger's act of contrition. A publicly traded partnership is a limited . Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. But what does that mean going forward? Remington has went through many Owners such as Stren, Cerberus Capital Management, and many Others. 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. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. Round Hill Asset Management is an investment management firm (RIA) serving both individual and institutional investors. 2023 Advance Local Media LLC. His reason for purchasing Remington Firearms: Remington, to me, represents the Harley Davidsons of the hunting firearms industry. remington was once a great gun maker, but those days are gone. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. I think you just hit the distinction nail on the head. Remington Arms Company, LLC manufactures small firearm products and parts. Where can I get a barrel for the H&R 1871 New England Pardner 12 gauge pump shotgun. They said 6-8 weeks and now no one answers phones or replies to emails. Does anyone have contact info for Roundhill Group? Remington Outdoor Company filed for bankruptcy in July and announced in October that it was terminating the employment of 585 workers at its Ilion plant effective Oct. 26, and cutting off all their health care and other contractual benefits on Oct. 31. Right now if you want a lever-action rifle your main choices are Marlin, Winchester (if you can find one), Henry, Italian-based companies doing reproductions like Uberti, or some very questionable Rossi rifles out of Brazil. 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. [2], It was founded in 2002 by Michael Bickford, a former Morgan Stanley Real Estate Funds professional. Again. DPMS was a great little company, until Remington acquired it. I wonder how long I'll have to wait before things start appearing at PSA? 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. The health care and other contractual benefits will end October 31. Roundhill Sports Betting & iGaming ETF's stock was trading at $14.31 at the beginning of the year. Barnes is another huge player in both worlds. 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. A court filing today has the results of the auction for the various components of the company. +1, though I will probably still buy a Blackhawk someday Maybe that was so he could sell more minis. Is this bad? Lol. So many good things about that platform that could have been leveraged by a company willing to follow through with the product that the market actually wanted. if you want to hunt use the marlin rifle, if you want a display rifle get the winchester. The Beachbody Company Group, LLC ("The Beachbody Company," "Beachbody" or "the Company") announced today its intention to become a public company by e It would be really interesting to read from a BizAnalytics perspective. Credential stuffing, authentication tokens and dark web marketplaces have helped spawn a new security solution: device cloaking. 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. I am limited to three, but hope that all changes soon. What did He think He would Gain by Being a Sell Out? You do not pay As far as the Roundhill Group running the Remington line - this could go either way. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. In an aside, there is a report that the lawsuit in Connecticut against Remington, Soto v. Remington, is still scheduled to go to trial in September. With this acquisition have come many industry questions and rumors. My greatest hope is that with their powers and IPs combined, well see some huge changes in bullet technology. Roundhill has said it hopes to hire back hundreds more workers as it ramps up firearms production in Ilion. Weve got a dedicated section for the AR-15 here. Italia says the company is working with the state to increase jobs at the Ilion facility. We invest primarily in publicly traded stocks of U.S. and multinational companies. This once-great American brand was killed off by accountants and investors that cared only for the dollar and not the customer. JJE Capital is the owner of Palmetto State Armory among other companies. They should be paid no more than the lowest serviceman who is putting his ass on the line. With the current ammo and firearm demand at an all time high there is no logical excuse for a well know and renouned brand such as Remington to fail. Reuters stated that month that according to four individuals, Round Hill was considering how to sell Vitus. In case you missed it, Remington is dead. 25 Feb/23. If we are able to come to terms and we do build a new facility, we will consolidate everything in New York, which will bring the company back to 800 to 1,000 employees, eventually.. Vista Outdoors owns a bunch of other ammo brands so one more is one less layer of diversity, but maybe well see some more ammo on the market soon. Lax LLC purchased only one asset during the current year (a full 12-month tax year). I was able to contact them twice but they claim to be working on it. Tried several of their products over the years and came to dislike them almost immediately. Salt manufacturers for high blood pressure? We already have an account registered for email address And now we can add Remington Ammo to that list. More than anything we want to make Remington a household name that is spoken with pride.. Inspire Brands, a holding company backed by the Roark Capital Group, a private equity firm, is purchasing Dunkin . 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