And they want to let them do that without meddling from above in day-to-day operations. One of these investor groups who buy/sell outdoor equipment and gun manufacturers. I believe they are talking about Springfield Armory and Rock River trying to cut themselves a sweetheart deal here in the once great state of Illinois. You cannot invest directly in an index. To see all exchange delays and terms of use please see Barchart's disclaimer. Well, we have contacted nearly 100 dealers, friends and fellow gunsmiths to no avail! Thank you, I have owned many Remington firearms in my life. Well done, youre learning the ways of the dimtard troll, young Shitwalker. Herkimer County IDA OKs tax breaks for Remington Arms buyer, United Mine Workers of America International, Roundhill negotiating over Remington, New owners of Remington Arms plant in Ilion obtain firearms license, plan to open, Your California Privacy Rights / Privacy Policy. At Remington Ammunition, we're here for everyone who loads a round of ammo into a handgun, rifle, or shotgun. a good sales guy might be one of the people they need to MRGA.. Please see the prospectus for specific risks related to each fund. This and other information about each fund is contained in the Prospectus. We create spaces that give real financial, social and sustainable value to both our partners and our customers. . Why? Part of the sale that has left some people scratching their heads is the sale of the "core" Remington firearms business to Roundhill Group, LLC. There are several companies that use the name Roundhill, none of them are in the gun making business. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. contact@marketbeat.com But they never gave up, they never gave in, they never wavered from their determination to fight for their jobs and their union. Roundhill Acquirers Deep Value ETF (DEEP) Stock Price, News, Quote & History - Yahoo Finance U.S. markets open in 6 hours 15 minutes S&P Futures 3,977.00 -11.00(-.28%) Dow Futures 32,836.00. A wage is an hourly rate and a salary is a fixed regular payment. This company has not listed any contacts yet. And I have not heard anything from Ruger about capacity since his time. More than anything, we want to make Remington a household name that is spoken with pride.. Remington in my opinion is the best gun maker ever. Sturm Ruger & Co are one of the other top bidders on Remington Outdoor's gun making business. Also, they need to leave NY in the rearview once and for all. Their newer semiauto shotguns were very good as well. In our article published a few days ago about the Remington assets being dividedRoundhill Group, LLC was mentioned as one of the successful bidders. Find the latest Meta Platforms, Inc. (META) stock quote, history, news and other vital information to help you with your stock trading and investing. Do not under estimate her because she is a woman because she has been working for this company for 40 years and she knows guns. Roundhill Group LLC has not filed any forms with the United States Securities and Exchange Commission. 154 W 14th Street All Hail, what are you guys getting paid, anyway? Roundhill Group, which bought the factory in a sale supervised by a U.S. Bankruptcy Court judge in September, obtained its federal firearms license in January, giving it the right to. It makes ZERO difference if Bill is alive or dead, the Ruger name is right up there with Benedict Arnold when I hear the name, OR see the Ruger logo. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. https://www.wktv.com/content/news/Roundhill573553701.html. China is aggressively locking up mines and production. Edwards says Roundhill is well fixed for capital with no bank debt. But the big winners are a somewhat different group of stocks this time and are beating the S&P 500.. X. Remington Outdoor Company ( ROC) was an American firearms manufacturer and holding company. Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. Italia says the company is working with the state to increase jobs at the Ilion facility. 2023 www.timestelegram.com. Get short term trading ideas from the MarketBeat Idea Engine. What will be the first firearm to come out of the factory once production resumes? He works Monday, and Wednesday thru Saturday. The Herkimer County Industrial Development Agency in February approved a 10-year Payment in Lieu of Taxes agreement for RemArms that included an upgrade of the plant and a guarantee of 200 jobs. Roundhill Group LLC partner and spokesman, Jeff Edwards . For more information, please see our The best quality craftsmanship for the money. He said he doesnt want Roundhill or Remington to talk, he just wants them to do. Thank you so much! Id rather they focus on something else. I can't seem to find much on them, but does anyone know if they're had experience with other firearm manufacturers in the past, or if they have a track record of successful enterprises? Would love to see the smoothness and easy loading of these guns be available again. Eh, I mean traditionally, Remington has always been more of a Fuddy company. This is Remington Country. Roundhill Acquirers Deep Value ETF's stock was trading at $30.1858 at the start of the year. Finally, I looked closely at the scope base. Please read the prospectus carefully before investing as it explains the risks associated with investing in the ETFs. Spot on. Identify stocks that meet your criteria using seven unique stock screeners. I can appreciate polished steel and shiny wood. has acquired the historic Remington brand, including long guns, shotguns, pistols, firearms manufacturing facilities, a museum and gift shop. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Long live Remington, Cautiously optimistic but also watching carefully with that big emphasis on hunting. Anyway, I wish these new guys luck, hope they are telling the truth and are up to the challenge! They aint in it because they love hunting and/or firearms. Sturm Ruger & Co. will get part of Remington's weapons business, with a $30 million offer, while Roundhill Group LLC is paying $13 million for other elements of the firearms-manufacturing. If there is something good about Ruger then it has enabled some people to enjoy the shooting sports. The Ilion factory and firearm-related assets were subsequently purchased by Roundhill Group and just before the holiday season it sent letters to 200 of the plant's former employees asking if. NEW YORK, Jan. 13, 2022 /PRNewswire/ -- Roundhill Investments ("Roundhill") is pleased to announce its investment in AssetDash, a start-up focused on creating an easy-to-use platform for investors . The. Hopefully they have the knowledge and skills to take Remington into the future. Ive sold a total of ONE firearm in my life, a P89. Our company values and strategies are intertwined with our approach to ESG, ensuring that we deliver our investment goals, while supporting the issues that are important to our business partners and wider society. I wonder why all the videos of Bills testimony have disappeared from the internet. Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. Get daily stock ideas from top-performing Wall Street analysts. There were all kinds of rumors and wild speculation about who they were and why this unknown group had bought the Remington branded firearms business. S&P 500 3,978.28 (-0.10%) . Haha I love 30 mins away. Both comments and pings are currently closed. Especially since I qualified expert with a 308 at 500 yds. Roundhill ETFs trade on primary U.S. exchanges, offering intraday liquidity to investors. Uh JMB has been dead for nearly 100 years. The company also said it would not pay severance and accrued vacation benefits, as called for under its collective bargaining agreement with the UMWA. Hopefully always will.Go for it roundhill !!! Roundhill wants to act as a traditional board of directors, letting management do what they know how to do bestbuild quality firearms for Americas hunting and sport shooters. Estimated revenue for Roundhill is calculated by aggregating the estimated revenue of all Roundhill ETFs. Unfortunately gun people remember everything and forgive nothing. Outside of my lone 870, doubt Id ever roll the dice on.a Remington again. ALL RIGHTS RESERVED. Good enough for the Military, good enough for me. Gunbroker? Carefully consider the investment objectives, risks, charges and expenses of Roundhill ETFs before investing. SOME companieslike Remimgton? Papa David, The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Dave, I agree. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Richmond Italia of Roundhill Group LLC, the company that purchased the plant at auction last year, explained they have sent out offers to 200 former workers, of which most were accepted . I rasped it down, floated and bedded it. Good job whiner. Unfortunately, its worse, still, than that. COPYRIGHT 2021, THETRUTHABOUTGUNS.COM. I really love my job..in maintenance..iam so glad iam. Yikes! Its the only gun I own that has failed mechanically on its own, and is actually at the gunsmiths shop right now for a major repair. Owners of Remington I am looking to procure/purchase a particular shotgun that was manufactured previously. I see no issue with that. Americas oldest gun maker. Atlanta. Attack syntax, grammer and spelling when you cannot argue content. Sorry, not sorry Ruger, Bill stabbed gun owners in the back while testifying before Congress, and some WILL NOT FORGET! Merry Christmas, That sounded good, anyway. Polymer-80? Remington has always been there for the hunters, Roundhill Investments. That was a non-starter for the govt, what with the Colt design already in full production. RM380 is my favorite pocket 380, and the R1 Executive Ultralight is an excellent 1911. They treat their work force in Arizona as less than human. The only REMS I own are all new since 2014. Roundhill Group Acquires Remington Big Green's Ilion, New York, manufacturing facilityalong with its barrel-making plant in Lenoir City, Tennesseehas been sold to Roundhill Group, LLC for $13 million. Our Team I have exhausted all of my avenues. I work at the plant that makes the wood products. Be sure to also check your spam, bulk, or junk mail folders when awaiting a response. DEEP is distributed by Quasar Distributors, LLC. Former management seemed intent on fleeing the high tax and organized labor state of New York for friendlier climes in the south. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. That still seems a good idea to this owner of an Ilion produced Remington M750 .308 with an incorrectly machined receiver that put the top of the receiver and the bore on very different planes. Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Mossberg got the nod on my recent shotgunm purchase, and Savage got top spot for the rifle. Ruger, Vista and Sierra bought the choice cuts off the carcass. Billions could be poured into exploration companies searching for new U.S. deposits. Richmond Italia, a Canadian paintball entrepreneur, is the managing director for RemArms, the name of the new company backed by an investment firm, Roundhill Group LLC. If it fails once more after this, Ill decommission it (make it unfireable) and repurpose it as a wall decoration in my man cave. Please read the prospectus carefully before investing as it explains the risks associated with investing in the ETFs. The fund's investments total to approximately $131.30 million assets under management. Maybe Remington would be good at typewriters? NYSEArca - Nasdaq Real Time Price. Roundhill purchased the Ilion operation minus the Marlin line along with the handgun barrel factory and auxiliary property in Lenoir City, Tennessee, for $13 million when Remington Outdoor Companys assets were broken up and sold in U.S. Bankruptcy Court in Alabama. I have to say, if these guys turn out the be Bloomberg puppets, they might find targets on their backs. They all have a strong affinity for hunting and have supported Remington for their entire lives. A couple of years ago, having nothing better to do, I pulled it out and looked at it. Information on this company is scant. I believe they are talking about Springfield Armory and Rock River trying to cut themselves a sweetheart deal here in the once great state of Illinois.. mgmt should at least be open to the idea of moving to a place where they are hated by the state govt. Round Hill Capital was created to pioneer a new way of doing things; to think bigger about how people want to invest and to live both now and in the future. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. International UMWA President Cecil Roberts was in Ilion for a rally in November to assure members of the unions support. The only thing I ever had to complain about with Ruger was Bill Rugers peculiar notions about capacity. Remington at the time wanted a big check from the US Govt to establish a production line. Other than that, own an R51, which has worked perfectly so far. The Ilion plant, the museum and steam power facility, along with a barrel-making plant in Lenore City, Tennessee, have been purchased for $13 million by the Roundhill Group, LLC, which has. Why not bring this gun back. How many tows/counties prospered because of Coumo let alone in spite of it? Roundhill Group LLC acquires Remington. Remington Ilion is history itself. Please log in to your account or sign up in order to add this asset to your watchlist. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. View the best growth stocks for 2023 here. 2.) Investors doing business as the Roundhill Group purchased the Remington-branded gun-making business, including operations in Ilion, New York, and Lenoir City, Tennessee for $13 million. The Roundhill Group Wants to Make Remington Great Again, llegal Arms Dealer Who Sold Rifle to Odessa, Texas Mass Shooter Pleads Guilty, More Big #GUNVOTE Contributions to NSSF from Magpul, Federal, Benelli and Others, State, Federal Lawmakers Trying to Put the Brakes On Credit Card Companies Tracking Firearm Purchases, Oh, The Humanity: Latest Polling Shows a Majority of Americans Now Oppose an Assault Weapons Ban, Brownells Giving Away $12,000 in Guns and Gear to Celebrate Their New Site Redesign, https://www.blackwaterworldwide.com/products-1/sentry-12-tactical-shotgun, https://www.facebook.com/30788278263/posts/10158031840748264/. Thats the name behind some of the best-known and most-loved guns ever made like the 870 and 1100 shotguns and the Model 700 rifle. Trump/Pence 2020! Roundhill Group partner, Richmond Italia, said the company plans to . Roundhill Group, LLC filed as a Domestic Limited-Liability Company in the State of Nevada and is no longer active. For email inquiries, please complete the form below. With this acquisition have come many industry . Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Ive got an 870, a 788 in 7mm-08, and 2 BDLs22-250 and 300 WM. The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. Do Not Sell or Share My Personal Information, 2022 Roundhill Financial Inc. All Rights Reserved. One was the Roundhill Group LLC, which bought Remington's non-Marlin firearms business for $13 million, a deal that included two factories. DuPont held onto the company until 1993, when it was sold to an investment firm. What Remington is all about.i just want to say lets make Remington great again..Ill still be here to help. The company's services include focusing on thematic and sector-specific investing by creating thoughtful investment products designed to assist investors in expressing their vision of the future . Compare Top Brokerages Here. They have only a handful of design engineers left, and about 10x the square footage they need now. Stocks of gun-makers are found primarily in small cap ETFs. We have called back approximately 45 employees as of this week that along with the 20 management people that have been back for several weeks now, Richmond Italia, a managing partner for the Roundhill Group Inc., owner of RemArms, the plants new operator, said in an email. There's at least half a dozen companies making quality triggers that would be a better choice . Not even close to being a firearm. Free and open company data on Virginia (US) company The Round Hill Group LLC (company number S3855261), 17736 Marbury Circle, Round Hill, Virginia, 20141-0000 And we've been opening new pathways to investors since 2018. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 1.) Could you please have someone contact me please. And they intend to keep producing firearms in Ilion, New York, where the company has been operating since 1816. You can follow any responses to this entry through the RSS 2.0 feed. I dont hate fudds or their guns. Papa David The future of Remington guns has been uncertain since the company was split up and sold off last fall. Just wait and see., V3 TAC-13 Roundhill Group LLC Purchases Remington Firearms, For more information please check https://www.remington.com/. In-depth profiles and analysis for 20,000 public companies. I dont need nor want yet-another-AR15 manufacturer among the myriad of them (but if they want to try they are welcome to), but I wouldnt mind seeing some other modern rifle or shotgun designs. I started GI Sportz. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Edwards, who no. The former Remington Arms plant in Ilion has reopened under its new ownership, and some former employees are getting back to work. ROUND HILL SERVICES CORPORATION. Finally, Edwards also said Americas oldest gun maker will be good corporate citizens again and strong supporters of the Second Amendment. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Roundhill Investments offers investors and traders alike strategic investment products for their portfolios from thematics to factor-based ETFs. Who Owns Roundhill Group LLC? We intend to maintain, care for and nurture the brand and all of the dedicated employees who have crafted these products over the years for outdoorsmen and women both here in the USA and abroad. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. BIG ETFs - focused exposure to largest in sector companies. . Who are Roundhill Sports Betting & iGaming ETF's major shareholders? DEEP is distributed by Quasar Distributors, LLC. Returns less than one year are not annualized. Legal Disclaimer For all other registered brokerages, contact them directly to invest. "Effectively the funds in both cases failed to gather meaningful assets under management . Since then, BETZ shares have increased by 13.2% and is now trading at $16.20. Explore moments from the firms history, discover how we're innovating in the real estate sector, learn more about our partnerships over the years, and our special connection with our customers. Michael established Round Hill Capital in 2002 and has been responsible for the firm's investment activities, which have resulted in the acquisition and management of over $13 billion of real estate investments. It is a handgun barrel factory in Lenoir City. This proud tradition that began with Eliphalet Remington's first hand-built rifle in 1816, continues today through RemArms. Make quality firearms. Please contact me at (208)682-5667 to update the status of repairs at which time I will supply my serial number for the rifle in question. Something tells me hes just a sales guy. and our The Gun was sent to the factory for repair but I have not received any information regarding repair and cannot get a phone call answered. Theyve been at it for over two centuries. Cast parts or pot metal there really isnt much difference. The reason they failed is because they neglected their core products to chase after cheap big box store sales and tactical markets with subpar junk. We love our job and Remington. The Roundhill Group is comprised of a group of individuals all of whom have years of experience in engineering, manufacturing and marketing both in and outside of the firearms space. In 1888, the first of many acquisitions of the company took place and the company was renamed Remington Arms, Co. That changed again in 1918 to Remington UMC (Union Metallic Cartridge). Too many other good, proven options out there. Roundhill Sports Betting & iGaming ETF, Receive BETZ Stock News and Ratings via Email, February 19, 2023|americanbankingnews.com. Please help make my grandsons Christmas the one I have been planning for many years! Remington made the best pump shotgun of all time, remington model 31. To ensure all our stakeholder interests are aligned, we don't take a one size fits all approach. Hope the effort to restore Remington succeeds. Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) has a market capitalization of $130.73 million. Nearly 600 Remington employees have been terminated as of today, losing their health care benefits and severance, according to the workers union. How wonderful for the employees that have dedicated their lives to Remington. Full circle. Edwards told us that Roundhill is a well-funded group of gun of shooters and outdoor enthusiasts who want to see the iconic Remington name restored to one of trust again. I called Ruger knowing they have a lifetime warranty? Furthermore, we are proud to still be evolving. Unlike the Cerberus Capital wrecking crew who looked at Americas oldest gun maker and the other well-known brands it acquired as a finance play and eventually drove the company into the ground under a crushing debt load, the acquirers have successful track records producing popular, reliable products that are favorites of consumers. Own several of them. Read the latest news from Round Hill Capital and our affiliated businesses. Roundhill is due to close on the deal on Monday and Edwards told us he wants to get the Ilion workforce back from furlough and turning out firearms again just as fast at they can get all of the paperwork completed with the ATF. They make barrels for Remingtonbecause Remington bought them. Anyone know anything about the Roundhill Group, the company that bought Remington? Most of the former Remington employees are members of UMWA Local 717. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost.
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