Remington announced this week that it will be moving its global headquarters from Ilion, New York to LaGrange, Georgia, as part of a $100 million expansion that will include a new manufacturing operation as well as a research and development center.
Big Green says along with the money, it plans to create 856 jobs over the next five years in Troup County.
“Georgia’s firearms industry is responsible for thousands of jobs and millions of dollars of investment in our communities,” said Governor Brian P. Kemp in a press release obtained by GunsAmerica.
“I am a proud owner of some of Remington’s first-class product, and now, I am excited to welcome them to their new home in the Peach State,” he continued. “As yet another big manufacturing win for our state, I look forward to seeing the oldest firearms manufacturer in America thrive in Georgia’s pro-business environment.”
Remington’s been making firearms for over two centuries, but in the last decade or so ran into financial problems following recalls on certain products and lawsuits. Big Green was forced to declare bankruptcy in 2018 and once again in 2020.
Following the latest Chapter 11 filing, the company was splintered into pieces and auctioned off. Vista Outdoor scooped up Remington Ammo and the Roundhill Group bought the non-Marlin gun business for $13 million, which included the Ilion plant and the operations in Lenoir City, Tennessee.
“We are very excited to come to Georgia, a state that not only welcomes business but enthusiastically supports and welcomes companies in the firearms industry,” said Ken D’Arcy, RemArms CEO.
“Between the support we’ve received from the state and from Scott Malone and Kelley Bush of the City of LaGrange Economic Development Authority, we cannot wait to expand our company in Georgia,” he continued. “Everyone involved in this process has shown how important business is to the state and how welcoming they are to all business, including the firearms industry.”
As part of the deal, Remington will receive generous tax incentives. Per Syracuse.com:
Remington could claim various state tax breaks, including an income tax credit allowing it to annually deduct $3,000 per job from state income taxes, up to $12.8 million over five years, as long as workers make at least $28,000 a year. The state will also pay to train workers, but declined to detail the entire incentive package, saying it was not complete yet.
Certainly, the gun maker was not shown the same love in New York. Before disgraced Gov. Andrew Cuomo resigned in August following a sexual harassment scandal, he signed into law legislation that would allow civil lawsuits against firearm manufacturers for the criminal actions by non-associated third parties.
The goal was, of course, to bankrupt gun makers under a public nuisance loophole.
No doubt the Peach State — which is also home to gun-making giants HK, Taurus, Daniel Defense and Glock — will be a greener pasture for the Remington brand.
Though, as of now, it’s not clear how it will affect those dedicated employees in Ilion nor in Lenoir City. Maybe they’ll have an opportunity to relocate as Remington has announced that they will be hiring position “production, operations, engineering, and management, as well as careers in HR, finance, and administration.”
Those who are interested can apply at Remarms.com.
Best of luck to RemArms! Here’s to a bright future!
Per the NSSF:
Firearm manufacturers are showing state elected officials they’re willing to invest their future in states that respect the firearm industry and the contributions it makes. Here’s a running list of those companies:
- Kimber expanded production to Troy, over Yonkers, N.Y. It later relocated the corporate headquarters to Alabama.
- Dark Storm Industries announced the company is moving from Oakdale, N.Y. to Titusville, Fla., with plans to open there in 2022.
- Olin Corporation’s Winchester Ammunition moved from East Alton, Ill., to Oxford in 2011.
- North Carolina
- Sturm, Ruger and Co. expanded production in Mayodan in 2013.
- Kahr Arms moved their headquarters to Greely, Penn., from New York after the state rushed through passage of the SAFE Act.
- South Carolina
- Beretta moved firearm production and engineering and design to Gallatin, Tenn., from Maryland in 2015 over concerns of increasingly strict gun control legislation.
- Smith & Wesson announced it was moving the company headquarters and some production to Maryville in 2021. It broke ground on the new facility expected to open in 2023.
- Magpul Industries left Boulder, Colo., after the state passed magazine restrictions and moved production to Laramie, Wyo.
- Weatherby Inc.’s Adam Weatherby announced at SHOT Show in 2018 he was moving the company from California to Sheridan, Wyo.
- Accessories maker HiViz announced in 2013 they were leaving Fort Collins, Colo., over restrictive gun control legislation to Laramie.
- Stag Arms announced in 2019 they were opening their new facility in Cheyenne, Wyo., after leaving their former headquarters in New Britain, Conn.