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I was really surprised to see this article on Freedom Outpost email that I got.
According to the article.... Freedom Group owns Remington, along with several other gun manufacturers, including Marlin, DPMS, Para, and Bushmaster.

Personally, I will NOT be purchasing anything from them as tax revenue moneys from the
sales will go to NY, the biggest anti-gun city in the US. They will make serious money off
this deal, while trampling the rights of honest citizens to protect themselves.


Anybody thinking like myself, pass this own and let gun owners know their purchases may be
making it taxably possible for the anti-gunners to take away their rights.

-Gunsmoke16

April 13, 2013 by Tim Brown
Remington Sells Out To NY For $80 Million “Sniper” Rifles Government Contract

Back in February, several gun manufacturers decided to boycott law enforcement in states that are hostile to the Second Amendment, states like New York for instance. They would not be providing weapons or ammunition. Within a week that number had grown by over 700%. In the first article I provided information for several gun manufacturers that could be contacted to come on board with this boycott, including Glock, Sig Sauer, Smith & Wesson and Remington. Well, now we know where Remington stands. They stand on the side of government as they have let it be known that they will be staying in New York and they have now acquired a government contract worth $80 million.

Remington informed New York state lawmakers that they were planning to spend $20 million to upgrade their manufacturing facility in Mohawk Valley. The word was that they were considering moving if New York implemented stricter gun control laws as they have in the NY SAFE Act. Remington had been approached by several states to move.

Lawmakers spoke with Remington about their expansion. The company has received $5.5 million in state incentives over the past five years.

While that is in the past, news has come out from New York Congressman Richard Hanna regarding an $80 million contract. According to his website:

UTICA, N.Y. – U.S. Representative Richard Hanna today announced that Remington Arms has been awarded a nearly $80 million contract to produce more than 5,000 sniper rifles for the U.S. military. The work will be done in Ilion by Mohawk Valley employees.

The federal contract comes from the Special Operations Command (USSOCOM), a division of the U.S. Department of Defense. The contract will be awarded over the course of 10 years.

“The award of this contract to Remington Defense further shows that they are the premier manufacturer of sniper rifles for our Armed Forces,” Rep. Hanna said. “I have full confidence that this contract will be fulfilled with the high quality and standards that define our Ilion workforce. I fully support Remington Arms and will continue working to ensure that the company and its dedicated employees can thrive in Herkimer County for generations to come.”

Sniper rifles for the military, eh? At $80 million, that comes out to $16,000 per rifle over the next ten years. This comes on the heels of Serbu firearms saying they would not be providing their .50 caliber sniper rifles to the New York Police Department.

While these rifles are being manufactured for the U.S. military, one does wonder if this would also keep channels open to provide firearms to New York Police as well.

The irony in all of this is that New York, which has a clearly anti-gun government, will profit tens of millions of dollars from the production of guns through employee’s taxes, sales tax and more.

While I own at least one Remington firearm, I will not be purchasing further products by Remington, including ammunition.

Freedom Group owns Remington, along with several other gun manufacturers, including Marlin, DPMS, Para, and Bushmaster.


Read more: Remington Sells Out To NY For $80 Million Government Contract

This is the first time I've felt inclined to start a post other than reply to one. Maybe, this
post is in the wrong section of the forum. If so, MODERATORS, PLEASE accept my apology
and you have my permission to move it to wherever it needs to be.
 

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Haven't you seen the ads on Fox? It's the "New, New York"
 

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Money talks....
 

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I do not own nor will I buy any Remington products. Thanks for the update.
 

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For what it's worth, it looks like Mossberg will be getting all the recommendations as a first shotgun from me now.
 

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I'm not so sure about this one. Rem has already built a state of the art factory in Monroe NC. Just because a NY state Rep says does not make it so. DR
 

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They have an $80million contract, and their ammo will sell out as fast as it hits the shelf. If enough people decide to boycott Remington, I may have a chance to get some .22lr. You don't move a multimillion dollar factory over night. First, you need some place to move it to. Second, it is expensive to move it. Third, they have an obligation to their employees. It takes years to move a large business. And, they have an $80 million contract. They also have a board of directors and a lot of shareholders to answer to. Unless the management can show moving will increase profits, they are not going to move.
 
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I'm glad I no longer have my 870, and will definitely look into going with Mossburg for a new shotgun.
 

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I don't know which way to go on this one. At times, it is hard to see the "big picture" and tell if you are thinking the right way. I like Remington guns and ammo, but I don't like the sound of this...just don't know.:confused:
 

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I'm not looking for anything at the moment.If i'm going to be truthful,so far as me,if i came across a good deal on a remington,i'm not going to boycott them.The only thing it would effect is my wallet,not remington's or anyone else's.Everyone has to do what they think is best for theirself.
 

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It's nice to say "Pick up and move out of NY", but it isn't as easy as it sounds. They would have to find a suitable location, find suitable buildings to buy and renovate or build new, move all their manufacturing equipment and tooling. Move personnel and replace/train those who did not want to move. When you look at the logistics and cost of a move of that scale, $80M is a drop in the bucket compared to what it would cost to move.
 

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There are many decisions weighing on where companies conduct their businesses, not the least of which is the cost of doing business in a particular locale. The Board of Directors has a fiduciary duty to the shareholders, bondholders, and unions with which it has business relationships. That fiduciary relationship will not allow them to move facilities merely because of political measures. Having said that, NY is an awfully expensive place to operate, and I would guess over time, as the business naturally allows, they might shift more and more of their businesses elsewhere.

Personally, I can't hold it against them in the short run. They are captives of their history, prior practices and their manufacturing base. Having said that, if the entire sporting world decided to boycott their arms and ammo, the Directors would have a fiduciary obligation to protect the company from failing sales. I'd guess that is not going to happen.

My guess would be they look south.
 

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I have been checking the ammo shelves regularly, and the boycott of Remington ammunition has yet to take hold.
 

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I can't think of anything Remington makes that Savage, Mossberg, Colt, so on and so forth doesn't do better.

That being said, it does cost money to move. It will probably cost Remington a pretty penny since I would imagine they have a fairly large scale operation between firearms and ammunition (assuming they make ammunition there, I never really looked at where my UMC is produced), and all of that costs money to take somewhere else.
 

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You don't move a multimillion dollar factory over night. First, you need some place to move it to. Second, it is expensive to move it. Third, they have an obligation to their employees. It takes years to move a large business. And, they have an $80 million contract. They also have a board of directors and a lot of shareholders to answer to. Unless the management can show moving will increase profits, they are not going to move.
They are privately held so there aren't a lot of shareholders to answer to. As for moving that factory, interested states will offer tax breaks and other incentives for them to relocate. So getting that factory out of 2A hating NY is very doable. Besides, they have many other non-NY locations that could probably be expanded.
 

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They are privately held
The Freedom Group is owned by Cerberus entities, and yes, privately held, but with a number of very significant, vocal and sophisticated shareholders that demand fiduciary responsibility:

Cerberus Capital Management, L.P. is one of the world's leading private investment firms. Founded in 1992, Cerberus has been dedicated to distressed investing since its inception. The Firm has over US $20 billion under management...............

Cerberus and its investment and operations professionals are deeply committed to protecting investors through attention to risk mitigation. Cerberus-managed funds make conservative use of leverage and are risk-allocated and diversified to provide protection against over-concentration in single positions or sectors. Investments undergo thorough valuation analysis and are constantly monitored by operational as well as investment professionals.

Cerberus has a culture of strong corporate governance, operational transparency and commitment to best practices. The Firm has been a Securities and Exchange Commission (SEC) registered investment adviser since January 2010. Cerberus and its affiliates manage funds for many of the world's most respected investors, ranging from government and private sector pension and retirement funds, charitable foundations and university endowments to insurance companies, family savings and sovereign wealth funds.
Additionally, bond or debt covenants could well prohibit vacating buildings or factories, or having a material changes in the business........
 

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Dont have any remington stuff now I guess the Marlin mod 60 is a Freedom Group gun though. But have had that for years. It was my late sons.

But I wont be buying so much as Remoil now.
 
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