Current:Home > reviewsRekubit Exchange:Gun factory in upstate New York with roots in 19th century set to close -Wealthify
Rekubit Exchange:Gun factory in upstate New York with roots in 19th century set to close
Ethermac View
Date:2025-04-08 21:06:21
ILION,Rekubit Exchange N.Y. (AP) — A gun factory in upstate New York with a history stretching back to the 19th century is scheduled to close in March, according to a letter from the company to union officials.
RemArms, the current version of Remington Arms, will close its facility in the Mohawk Valley village of Ilion around March 4, according to the letter sent Thursday. The letter said the company “did not arrive at this decision lightly,” according to the Observer-Dispatch of Utica.
The plant currently employs about 270 workers, according to union officials.
An email seeking confirmation was sent to RemArms on Saturday.
Remington, the country’s oldest gun maker, began making flintlock rifles in the region in 1816. The factory site in the village dates to 1828, with many of the current buildings constructed early in the 20th century.
More recently, the company faced temporary closures in Ilion, bankruptcy and legal pressure over the Sandy Hook school massacre. The current company no longer makes the Bushmaster AR-15 rifles used to kill 20 first-graders and six educators in the Sandy Hook shooting in Connecticut in 2012.
Investors doing business as the Roundhill Group purchased the Remington-branded gun-making business, including operations in Ilion and Lenoir City, Tennessee for $13 million. Owners announced plans in 2021 to move the company’s headquarters to Georgia.
Union officials called the news this week disappointing.
“The workers in Ilion enabled RemArms to rise from the ashes of the Remington Arms bankruptcy in 2020-21,” United Mine Workers of America International President Cecil E. Robert said in a prepared statement. “Without these workers and their dedication to producing the best firearms in the world, this company simply would not exist.”
veryGood! (149)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- How will Hurricane Milton stack up against other major recent storms?
- TikTok Influencer Stuck on Disney Cruise During Hurricane Milton
- How AP VoteCast works, and how it’s different from an exit poll
- Intel's stock did something it hasn't done since 2022
- Don’t count on a recount to change the winner in close elections this fall. They rarely do
- Want to follow election results like a pro? Here’s what to watch in key states
- Florida Panthers raise Stanley Cup banner, down Boston Bruins in opener
- The Daily Money: Disney+ wants your dollars
- These October Prime Day Deals 2024 Have Prices Better Than Black Friday & Are up to 90% Off
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- In final rule, EPA requires removal of all US lead pipes in a decade
- 43 Incredible Skincare Deals on Amazon Prime Day 2024 Starting at Just $9.09
- The Daily Money: Retirement stress cuts across generations
- Boy who wandered away from his 5th birthday party found dead in canal, police say
- 49 Best Fall Beauty Deals for October Prime Day 2024: Save Big on Laneige, Tatcha & More Skincare Faves
- Derek Carr injury: How long will Saints quarterback be out after oblique injury?
- Is Chris Pine Returning for Princess Diaries 3? He Says...
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Honolulu’s dying palms to be replaced with this new tree — for now
Billie Eilish says she's never talking about her sexuality 'ever again' after controversy
Meryl Streep, Melissa McCarthy shock 'Only Murders' co-stars, ditch stunt doubles for brawl
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
AIΩ QuantumLeap: Disrupting Traditional Investment Models, the Wealth Manager of the Intelligent Era
Callable CDs are great, until the bank wants it back. What to do if that happens.
Georgia university leaders ask NCAA to ban transgender women from sports