Remington Arms
Defunct American manufacturer of firearms and ammunition / From Wikipedia, the free encyclopedia
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Remington Arms Company, LLC, was an American manufacturer of firearms and ammunition. It was formerly owned by the Remington Outdoor Company, which went bankrupt in 2020 with its lines of business sold to several purchasers. Two resulting companies each bear the Remington name—the firearms manufacturer is Remington Firearms owned by RemArms, LLC., and the ammunition business is Remington Ammunition owned by Vista Outdoor Inc.[3][4]
Company type | Subsidiary |
---|---|
Industry | Arms industry |
Founded | 1816; 208 years ago (1816) |
Founder | Eliphalet Remington |
Defunct | 2020 (2020)[1] |
Fate | All assets sold off[2] |
Successor | Remington Firearms, Remington Ammunition |
Headquarters | , United States |
Area served | Worldwide |
Key people | Anthony Acitelli (CEO) |
Products | Firearms, ammunition, and accessories |
Revenue | US$950 million (2004) |
Parent | Remington Outdoor Company (2007–2020) |
Website | www www |
Founded in 1816 by Eliphalet Remington as E. Remington and Sons in Ilion, New York, it was one of the oldest gun makers in the United States and claimed to be the oldest factory in the country that still made its original product.[5] The company was the largest rifle manufacturer in North America according to 2015 ATF statistics.[6][7] The company developed or adopted more cartridges than any other gun maker or ammunition manufacturer in the world.