LLC | |
Industry | Arms Industry |
Founded | 1816 |
Headquarters | Huntsville, AL, Lonoke, AR, Hickory, KY, Ilion, NY, Madison, NC, United States |
Number of locations
|
6 |
Area served
|
Worldwide |
Key people
|
Jim Marcotuli, CEO |
Products | Firearms, ammunition, and accessories |
Revenue | 950 million USDas of 2004 |
Number of employees
|
3500 |
Parent | Freedom Group |
Website | http://www.remington.com/ |
Remington Arms Company, LLC is an American manufacturer of firearms and ammunition in the United States. It was founded in 1816 by Eliphalet Remington in Ilion, New York, as E. Remington and Sons. Remington is America's oldest gun maker and "It's America's oldest factory that still makes its original product-guns." It is the only U.S. company which produces both firearms and ammunition domestically and is the largest U.S. producer of shotguns and rifles. Remington has also developed or adopted more cartridges than any other gun maker or ammunition manufacturer in the world. Additionally its products are distributed in over 60 foreign countries, making its distribution base and availability wider than those of its competitors.
Since 2007, Remington Arms is part of the Remington Outdoors Group, which is owned by Cerberus Capital Management. Remington built a new plant in Huntsville, Alabama which is now building Modern Sporting Rifles (MSR) and Remington 1911 R1 pistols.
The Remington company was founded in 1816. Eliphalet Remington II (1793 - 1861) believed he could build a better gun than he could buy. Farming communities in the region were famous for their diverse skills and self-sufficiency, and the winter seasons were used for crafts that provided goods for self-use and also for sale. Remington's father was a blacksmith, and wanted to expand his business into rifle barrel production. Local residents often built their own rifles to save on costs, but purchased the barrel. Remington's father sent him to a well-known barrel maker in a major city to purchase a barrel, with the mission of observing the barrel-making technique. At the time, the method was to heat and wrap long flat bars of iron around a metal rod of the caliber desired. By heating and hammering the coiled bars around the central rod, the barrel metal became fused into a solid cylinder, at which point the rod was pressed out. After the young man returned home, his family added a successful barrel making operation to his father's forge, in Ilion Gorge, New York.
Remington began designing and building a flintlock rifle for himself. At age 23 (in the fall of 1816), he entered a shooting match; though he only finished second, his well-made gun impressed other shooters. Before Remington left the field that day, he had received so many orders from other competitors that he was now officially in the gunsmithing business. By 1828, the operation moved to nearby Ilion, New York, at the same site which is used by the modern Remington firearms plant.