Remington Arms

Remington Arms Company, LLC

Type	LLC
Industry	Arms Industry
Founded	1816
Headquarters	Lonoke, AR, Hickory, KY, Elizabethtown, KY, Ilion, NY Madison, NC[1], United States
Number of locations	5
Area served	Worldwide
Key people	George Kollitides, CEO Scott Blackwell, President
Products	Firearms, ammunition, and accessories
Revenue	$393 millionas of 2004
Parent	Freedom Group
Website	http://www.remington.com/

Remington Arms Company, LLC was founded in 1816 by Eliphalet Remington in Ilion, New York, as E. Remington and Sons. It is the oldest company in the United States which still makes its original product and is the oldest continuously operating manufacturer in North America. It is also the only U.S. company which produces both firearms and ammunition domestically and is the largest U.S. producer of shotguns and rifles. Remington has also developed or adopted more cartridges than any other gun maker or ammunition manufacturer in the world. Additionally its products are distributed in over 60 foreign countries, making its distribution base and availability wider than those of its competitors.

Remington is part of the Freedom Group, owned by Cerberus Capital Management.

History

19th Century Origin

Remington was founded in 1816. Eliphalet Remington II believed he could build a better gun than he could buy. Farming communities in the region were famous for their diverse skills and self-sufficiency, and the winter seasons were used for crafts that provided goods for self-use and also for sale. Eliphalet's father was a blacksmith, and wanted to expand his business into rifle barrel production. Local residents often built their own rifles to save on costs, but purchased the barrel. Eliphalet's father sent him to a well-known barrel maker in a major city to purchase a barrel, with the mission of observing the barrel-making technique. At the time, the method was to heat and wrap long flat bars of iron around a metal rod of the caliber desired. By heating and hammering the coiled bars around the central rod, the barrel metal became fused into a solid cylinder, at which point the rod was pressed out. After the young man returned home, his family added a successful barrel making operation to his father's forge, in Ilion Gorge, New York.

He began designing and building a flintlock rifle for himself. In the fall of that year, he entered a shooting match; though he only finished second, his well-made gun impressed other shooters. Before Eliphalet left the field that day, he had received so many orders from other competitors that he was now officially in the gunsmithing business. By 1828, the operation moved to nearby Ilion, New York, at the same site which is used by the modern Remington firearms plant.

On March 7, 1888, ownership of E. Remington & Sons left possession of the Remington family and was sold to new owners, Marcus Hartley and Partners. This consisted of Hartley and Graham of New York, New York, a major sporting goods chain who also owned the Union Metallic Cartridge Company in Bridgeport, Connecticut, and the Winchester Repeating Arms Company of New Haven, Connecticut. At this time the name was formally changed to the Remington Arms Company.^[2] The Bridgeport site became the home of Remington's ammunition plant.

20th Century

In 1912, Remington and Union Metallic Cartridge were combined into a single entity, called Remington UMC. Even today, Remington produces U.M.C. brand ammunition. In 1915, the plant at Ilion was expanded, and with this expansion became basically the same plant as today.

During World War I, Remington produced arms under contract for several Allied powers. Remington produced M1907-15 Berthier rifles for France, Pattern 1914 Enfield rifles for Britain, and Model 1891 Mosin-Nagant rifles for Imperial Russia. As the war intensified, Remington production grew ever greater.

When the U.S. entered the war, Remington became deeply involved in the war effort.^[3] Notable contributions by Remington included development and production of the U.S. M1917 Enfield rifle, a simplified version of the British Pattern 1914, and development of the Pedersen device.

Late in the war, the collapse of the Imperial Russian government had a severe impact on Remington finances. Russia had ordered enormous quantities of arms and ammunition, but ran short of money to pay for the orders. They delayed payment, pointing to alleged defects in Remington products. When the Bolsheviks took power in the Russian Revolution, they repudiated the contract entirely. Remington was left with huge stocks of guns and ammunition, and no prospects for payment. The U.S. government stepped up to purchase the firearms thereby preventing Remington from absolute loss.^[4] Noting the explosive growth of business at the beginning of the war, and the precipitous decline at the end of the war, Remington made the conscious decision to promote and emphasize their line of sporting products. They viewed hunting products as a more stable business which might help them to survive future ups and downs.

During the Great Depression, Remington was purchased by the DuPont Corporation, which had made its fortune with improvements to gunpowder. A year later, Remington purchased the Peters Cartridge Company; today, many of the Remington headstamps still have R-P on them for Remington-Peters.^[5]

In 1940, the U.S. Army became worried about its ammunition capacity, and asked Remington to collaborate in a plan for national expansion. With the aid of DuPont, Remington built the Lake City Arsenal and Denver Ordnance ammunition plants, and three more plants later on, including the Lowell Ordnance Plant. Though the plants belonged to the U.S. government, Remington was asked to oversee their operation. Among the weapons Remington manufactured for the government during World War II was the famous M1903A3 Springfield bolt-action rifle.

During the 1950s and 1960s, Remington branched out into other products besides guns, with the purchase of Mall Tool Company in 1956.^[6][7] One of the products was chain saws.^[8]

In 1962 Remington introduced the Model 700 bolt-action rifle. The rifle became one of Remington's most successful firearms, and quickly lent itself to developments of many sub-variants, including the Remington 700 BDL, Remington 700PSS for police and law enforcement agencies (the rifle, later renamed 700P, is very popular among law enforcement agencies) and the military M24 SWS which was the USA Army standard sniper rifle between 1988–2010 and still serves among other armed forces around the world, such as the IDF. Other firearms companies designed and manufactured sniper rifles based on the reliable and accurate Remington Model 700 action.

In 1986, Remington closed its ammunition plant in Bridgeport, Connecticut, creating a brand-new facility in Lonoke, Arkansas. This site was chosen as the geographic center of the sporting ammunition market. A year later, Remington built a new clay targets plant in Athens, Georgia.

In 1993, Remington was sold by DuPont to the investment firm Clayton, Dubilier & Rice (CD&R').

21st Century

In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. This happened because Remington was millions of dollars in debt and did not report a profit during the years 2003–2005.^[9]

In December 2007, Remington Arms acquired rifle-maker Marlin Firearms.^[10]

As of 2009, ammunition sales continued to remain high during the ongoing United States Ammunition Shortage. Chief Executive Officer Ted Torbeck was quoted in the Chambersburg Public Opinion newspaper on 2009-11-30 from Remington's most recent quarterly earnings conference call as saying "Since the U.S. presidential election, demand for (ammunition) has risen amidst concerns that the new administration will further restrict the use or purchase of firearms and ammunition and levy additional taxes on these products. Since that time we have responded by ramping up production, providing for additional employee overtime, establishing additional production shifts, and expanding our supply chain, none of which has required significant capital."^[11]

In October 2009, Remington Military products acquired suppressor manufacturer Advanced Armament Corporation.^[12]

In 2010, Remington introduced the fastest commercially available shotgun shell, Hypersonic Steel, with a patented wad technology that allows the shot to travel at 1700 FPS.

In late 2010, Remington introduced the Versa Max auto-loading shotgun. It's patented Versa Port system self-regulates gas pressure based on the length of the cartridge used, enabling the shotgun to shoot light 2 3/4" target loads, 3" hunting loads, and 3 1/2" magnum hunting loads.

In 2012, Remington won the U.S. Army contract to manufacture 24,000 M4A1 carbines at $673 per unit worth $16,163,252 total.^[13]

In 2013, Remington introduced the Model 783™ bolt-action rifle. Using the expertise that's dominated bolt-action technology for more than 50 years, the engineering team started from scratch and combined their most advanced, accuracy-enhancing features to create an all-new platform.

When New York State passed the NY SAFE Act in the January 2013, a law which made many of Remington's firearms illegal in the state, some gun enthusiasts encouraged the company to leave New York. In response, the company issued the following statement, “Remington will not run or abandon its loyal and hard working 1,300 employees without considerable thought and deliberation. Laws can be overturned and politicians voted out of office, but the decisions we make today will affect our people, their families and entire communities for generations.”^[14] Since then, Remington has reportedly been considering moving part or all of its Ilion, New York manufacturing jobs to Tennessee.^[15]

In 2013, or the first time since 1928, Remington began to offer an air rifle called the "Remington Express". The .177 caliber air rifle features a tapered, extended rifled barrel, full-length checkered real hardwood stock designed after the Model 700, a fitted rubber recoil pad, and traditional 3/8″ (9-11mm) Dovetail, allowing the option to fit a suitable picatinny rail.^[16]

Production sites

Remington has several production facilities today.

Corporate Headquarters: The corporate headquarters for Remington Arms is located at Madison, North Carolina.

Firearms Plants: Remington owns two firearms plants. The larger plant is located in Ilion, New York, at the historic site. This plant also is home to Remington's Powdered Metal Products Division. A new, state-of-the-art firearms facility was recently built in Mayfield, Kentucky.

Ammunition and Components Plant: Formerly developed in Bridgeport, Connecticut, All of Remington's ammunition is now developed at the 35-year old plant in Lonoke, Arkansas. This plant also is home to Remington's Industrial Products Division, and Ammunition Product Services. The old ammunition factory in Bridgeport was investigated by the Travel Channels, Ghost Adventures in 2009. The site was eventually purchased by Peter DiNardo Enterprises Inc. and is scheduled for demolition.^[17]

Custom Plant: Custom firearms are hand-crafted by professional gunsmiths at the Ilion, New York facility.

Technical Center: The technical and research center for Remington is located in Elizabethtown, Kentucky.

In national symbolism

Remington rifles are incorporated into the flag and the national emblem of Guatemala.^[18]

Remington weapons

Based on a list from the Remington web site.^[19] NOTE: Remington has produced a vast number of weapons over the years. This list is NOT a complete list.

Rifles

Air rifle

• Express Air Rifle^[16]

Single-shot

• Remington Rolling Block rifle

Bolt-action (rifle)

JuniorTarget 521TL Remington-Keene rifle Nylon 66 M1903 Springfield rifle Model 5 Model 6 Model 7 Model 30 Model 34 Model 37 Model 40 Model 41 Targetmaster produced 1936–1939 Model 241	Model 504 Model 511 Scoremaster Model 512 Sportmaster Model 513 Model 600 Model 660 Model 673 Model 700 Model 710 Model 721 Model 722 Model 725	Model 770 Model 788 Model 798 Model 799 Modular Sniper Rifle[20] XM2010 ESR

Pump-action (rifle)

• Model Six
• Model 14
• Model 121 Fieldmaster
• Model 141
• Model 572 Fieldmaster
• Model 760
• Model 7600

Semi-automatic (rifle)

• Model Four
• Model 8
• Model 11
• Model 522
• Model 552
• Model 597
• Model 740
• Model 742
• Model 750
• Model 7400
• Model R-15
• Model R-25
• RSASS^[21]

Automatic

• Adaptive Combat Rifle (ACR; military versions only, while civilian versions are built by Bushmaster Firearms International)^[22]
• R5 RGP (Remington Gas Piston)

Shotguns

Pump-action (shotgun)

• Model 10
• Model 17
• Model 29
• Model 31
• Model 870
• Model 887

Semi-automatic (shotgun)

• Model 11
• Sportsman(improved version of Model 11)
• Sportsman 58
• Model 878 Automaster
• Model 1100
• Model 11-48
• Sportsman '48 (3 shot version of 11–48)
• Model 11-87
• Model SP-10
• SPR 453
• versa max sportsman

Break-action (shotgun)

• SPR 100
• SPR 310

Handguns

Semi-automatic (handgun)

• 1911 R1
• Remington Model 51

Derringer

• Remington Rider Single Shot Pistol
• Remington Zig-Zag Derringer
• Model 95

Revolvers

• Model 1858 (a cap and ball revolver)
• Model 1875 (a metallic cartridge breech-loader)
• Model 1890 (an evolution of the 1875 model with few changes)

Other

• XP-100 a bolt action pistol that can fire many rifle cartridges.

Recent events

2013 marks the 50th Anniversary of the Model 1100™ semi-automatic shotgun.

Remington celebrated the 50th Anniversary of the Model 700™ bolt-action rifle in 2012.

After a 12-year absence in the handgun market, Remington announced the Model 1911 R1 in April 2010, slated to be available through select independent dealers beginning June 2010. The last handgun produced by Remington Arms, the Model XP-100R, ceased production in 1998.

References

External links

• Official website
• Remington Law Enforcement & Federal Agencies
• Remington Military Products Division

v t e Remington Firearms and Cartridges Rifles Bolt Action JuniorTarget 521TL Remington-Keene rifle M1903 Springfield rifle Model 5 Model 6 Model 7 Model 30 Model 34 Model 40 Model 241 Model 341 Model 504 Model 511 Model 512 Model 513 Model 600 Model 660 Model 673 Model 700 Model 710 Model 721 Model 722 Model 725 Model 770 Model 788 Model 798 Model 799 Modular Sniper Rifle XM2010 ESR Pump-action Model Six Model 14 Model 121 Model 141 Model 572 Model 76 Sportsman Model 760 Model 7600 Model 7615 Semi-automatic Nylon 66 Model Four Model 8 Model 24 Model 552 Model 597 Model 750 Model 742 Model 740 Model 7400 Model R-15 Model R-25 RSASS Automatic Adaptive Combat Rifle Single shot Rolling Block Shotguns Pump-Action Model 10 Model 17 Model 29 Model 31 Model 870 Model 887 Semi-automatic Model 11 Model 58 Model 1100 Model 11-48 Model 11-87 Model SP-10 SPR 453 Break-action SPR 100 SPR 310 Handguns Semi-automatic 1911 R1 Model 51 R51 Revolver Model 1858 Model 1875 Model 1890 Derringer Model 95 Rider Single Shot Pistol Zig-Zag Derringer Other XP-100 Cartridges .17 Remington 5mm Remington Magnum Rimfire .22 BR .22 Remington Jet .221 Remington Fireball .222 Remington .222 Remington Magnum .223 Remington .22-250 Remington 6mm BR 6mm Remington .25 Remington .25-06 Remington .260 Remington 6.5mm Remington Magnum 7mm BR Remington 7mm-08 Remington .280 Remington 7mm Remington Magnum 7mm Remington Short Action Ultra Magnum .30 Remington .300 Remington Short Action Ultra Magnum .300 Remington Ultra Magnum .32 Remington 8mm Remington Magnum .338 Remington Ultra Magnum 7 mm Remington Ultra Magnum .35 Remington .375 Remington Ultra Magnum .416 Remington Magnum .44 Remington Magnum