registration is free , easy and welcomed !!!
Started by SinGin, February 02, 2018, 06:55:41 PM
Quote from: taylorjones20 on February 06, 2018, 09:06:36 AMMaybe this will help...In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. Remington was millions of dollars in debt and did not report a profit during the years 2003–2005.[14] It was renamed as the Freedom Group.In December 2007, Remington Arms acquired rifle-maker Marlin Firearms.[15] As of 2009, ammunition sales continued to remain high during the ongoing United States Ammunition Shortage. Chief Executive Officer Ted Torbeck said that consumer concerns over future restrictions, and taxes on ammunition and firearms by the Obama administrations, were creating a rise in demand.[16]In October 2009, Remington Military products acquired suppressor manufacturer Advanced Armament Corporation.[17]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.After a 12-year absence in the handgun market, Remington announced the Model 1911 R1. It had ceased production in 1998 of its last handgun, the Model XP-100R. Later that year, Remington introduced the Versa Max auto-loading shotgun. Its 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.[18]In 2013, Remington introduced the Model 783 bolt-action rifle. The engineering team started from scratch and designed advanced, accuracy-enhancing features to create an all-new rifle.In 2013, for the first time since 1928, Remington began to offer an air rifle, called the "Remington Express".[19]In 2015, the Freedom Group holding company was renamed as Remington Outdoor Company.
Quote from: Double B on February 06, 2018, 06:29:08 PMCerberus/Remington also bought and killed off H&R single shots. I didn't like that. Soros connection was a rumor, dont think its true.