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Remington Arms was a notable American manufacturer of firearms, founded in 1816 by Eliphalet Remington and originally known as E. Remington and Sons. The company was acquired in June 2007 by a private equity firm, Cerberus Capital Management. [2] It became part of the firm's Freedom Group, which was renamed in 2015 as Remington Outdoor Company ...
In 2012, Remington won a US Army contract to manufacture 24,000 M4A1 carbines at $673 per unit worth $16,163,252 total. [23] In 2013, for the first time since 1928, Remington began to offer an air rifle, called the "Remington Express." [24] On February 17, 2014, Remington announced a plan to build a new state-of-the-art plant in Huntsville ...
The Remington Model 30 is a US sporting rifle of the inter-war period based on the military P14/M1917 Enfield rifle action, which was manufactured for the British and US governments during World War I. [4] [5] Initial specimens used surplus military parts with some modifications in order to consume the stock of parts, though further modifications were made as production progressed and later ...
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.
MidwayUSA (formerly Ely Arms, Inc.) was a small start-up gun shop in Columbia, Missouri that opened on June 18, 1977. The business was opened by Larry Potterfield, with his next younger brother Jerry, in a 151 square metres (1,630 sq ft) metal, pole-frame building. Jerry sold his half interest to Larry in 1980 and returned home to farm. [1]
The Remington Nylon 66 was a rifle manufactured by Remington Arms from 1959 to 1989. It was one of the earliest mass-produced rifles to feature a stock made from a material other than wood. Previously the 22 - 410 Stevens Arms combination gun had been offered with a Tenite stock. [ 2 ]
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The Remington Model 572 Fieldmaster is a slide action, manually-operated .22 caliber (rimfire) repeating rifle manufactured by Remington Arms Company. First introduced to the commercial market in 1956, the 572 Fieldmaster rifle incorporates a tubular magazine capable of feeding .22 Short, .22 Long, or .22 Long Rifle rimfire cartridges, a cross-bolt safety, and an aluminum receiver grooved for ...