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The Remington Model 580, 581, and 582 are a family of bolt-action rifles, manufactured from 1967 to 1999. The rifles were introduced as a replacement for the previous Model 511 . The 580 series was a lower-cost rifle patterned after the contemporary Model 788 centerfire rifle and shares that rifle's rear-locking bolt.
Remington filed for Chapter 11 bankruptcy protection in March 2018, having accumulated over $950 million in debt. Remington exited bankruptcy in May, less than two months after filing for protection under Chapter 11 laws. Remington's quick exit from bankruptcy was due to a pre-approved restructuring plan that was supported by 97% of its creditors.
Remington New Model Army Revolver, made 1863–1875 Remington Rolling Block Carbine 1867. The Remington company was founded in 1816. Eliphalet Remington II (1793–1861) believed he could build a better gun than he could buy. Remington began designing and building a flintlock rifle for himself. [8]
Bought out by Remington in 1915 (becoming Remington-UMC Swanton but retaining the old headstamp) when it received a wartime contract to produce rifle ammunition for the French government. The French-style headstamp has the yearly quarter before the 4-digit year (e.g., 4-1917 would mean 4th Quarter (October, November and December), 1917).
Rolling-block breech Joseph Rider's 1865 patent drawings. A rolling-block action is a single-shot firearm action where the sealing of the breech is done with a specially shaped breechblock able to rotate on a pin. [1]
Either 1864 or 1865, Remington Engineer Joseph Rider improved the split breech design to create the rolling-block action which was named the "Remington System". [10] [14] The medium-strength action developed some headspace issues with new smokeless powders coming into use by the late 1890s. A heavier-style action was produced for later ...