Its a match made in heaven if you ask me. 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. As usual though, once the owners and executives sniff out a leak in the hull, it's every rat for themselves. Stay up-to-date on today's vital cybersecurity topics by subscribing here. The password should contain at least 8 characters with at least one number or special character. The firm has $512 billion in assets under management as of the latest quarterly report. Vista Outdoors owns a bunch of other ammo brands so one more is one less layer of diversity, but maybe well see some more ammo on the market soon. Needle makers for heroin ODs? Subscribe to our emails. Sig already makes some very nice ammo, but with their attempts to score some US military contracts for things like .277 Fury adoption it makes sense that theyre shopping for more manufacturing capabilities. Company is located in the register with the Company number LLC2385-2002 and with the national number of State Nevada NV20021021867. [5], Round Hill Capital has also acquired office buildings across Europe, including eight buildings totalling 2.5 million sq ft in Germany, Belgium, Netherlands and Austria. I think the Ruger/Marlin combination could be good for the Marlin line. While I havent seen anything detailing what other IP assets means, its likely just some brand names and trademarks. Our Team Will Hershey, CFA And as is the case in most bankruptcies, theres no one still on the job at the company formerly operating as Remington to ask for clarification. 2023 Advance Local Media LLC. The company also purchased the Remington barrel-making. Remington died when it was turned into a Holding Company and started buying up everything they could then gutting them. We are willing to risk reopening the plant, even while in negotiations.. is roundhill group llc publicly traded 2022, Roundhill Launches Cannabis ETF (CBOE: WEED). Roundhill Group LLC partner and spokesman, Jeff Edwards addressed questions regarding the acquisition: As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals are in the process of purchasing Remington Firearms. Ford Vehicles Could Soon Repossess Themselves. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Remingtons factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. Lol. Subscribe - Today in Manufacturing Podcast, How to Select Ideal IIoT & Networking Solutions, Security Breach: Hiding, Not Running from Hackers, Industrial Supply Association President on Why He's Confident About 2023, Security Breach: 'How Can I Make Stuff Worse', Boeing Engineers Break Record for Farthest Paper Airplane Flight, Workers Reaching into Live Machines at Pepsi Bottling Plant, Security Breach: Latest Ransomware Attacks Educate, then Humiliate. We hate SPAM and promise to keep your email address safe. Contact him anytime: Email | Twitter | Facebook | 315-470-3148. He lived off a bottle of ketchup and some seasonings. We dont need a chance for these dirty politicians to settle in and make a career of robbing the taxpayer. They are now identified as an investment company with headquarters in Pennsylvania and Florida. Copyright 2023 Pew Pew Media, Inc. All rights reserved. This week, Syracuse.com reported that Roundhill has called 230 workers back to the factory. [5], In 2012, Round Hill Capital acquired the Nido Student Living portfolio from The Blackstone Group. The division was developing a fleet of one-armed robots on wheels to handle menial tasks. Wish I could help more, dang it. if you want to hunt use the marlin rifle, if you want a display rifle get the winchester. The Roundhill Group which bought Remington Arms in the bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st. Round Hill Asset Management is an investment management firm (RIA) serving both individual and institutional investors. It lost more than $253 million in 2020, up from a loss or about $71 million a year earlier.. This is hard to believe, wow, the best bolt action the average hunter could afford now history. 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. Edwards, who no. I wonder if any company received the LAR Manufacturing rights and intellectual property? I would love to see a line of PSA suppress come to the market. I cannot find the website for Roundhill Group LLC the company that bought Remington's firearms business. . It was first reported by Dan Zimmerman at TTAG. The main takeaway regarding Roundhill Group and its view of how Remington should be run is pretty simple. WHY? Get Our Top Shooting Drills and Zeroing Targets ($47 value - but FREE for a limited time). Remington has went through many Owners such as Stren, Cerberus Capital Management, and many Others. To bad! Community Rules apply to all content you upload or otherwise submit to this site. JJE Capital is the owner of Palmetto State Armory among other companies. There has been a lot of speculation on the Roundhill Group that purchased the non-Marlin firearms business of Remington Outdoor Company. With this acquisition have come many industry questions and rumors. This is what happens when big corporate holding companies buy up iconic brands. Again. List of All ETFs - Exchange Traded Funds | ETF Database. What happens now with the Connecticut lawsuit? (, We noticed that you have previously logged in with your, Check what do you get by creating an account, Bookmark and compare your favorite firearms, Bankrupt Remington Sold Off: Here Are The Winners. Roundhill, wonder what will happen there. Bill Ruger has been dead for 20 years, and Ruger is now run by pro-gun owners. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Way back in the day these were the cool guy shotguns and were wielded by Annie Oakley, Frank Bulter, and other legendary badasses. Best of luck, sir. anything extra and your What does this mean for the warranty on the AAC products? Thank You Ron Schoonmaker ( Village Trustee ). Maybe you should view the AR-556 as Ruger's act of contrition. I expect this means well see Tapco parts and accessories making a comeback soon. 25 Feb/23. And stay in touch with newsletters of our best articles on techniques, guns, & gear. Round Hill Asset Management was founded in 1986 by Channing T. Lushbough. What do you think of the sell-off? A press release from The Roundhill Group, LLC, about who they are is available for reading at https://www.thefirearmblog.com/blog/2020/10/01/roundhill-group-purchases-remington/ If you want to read the court document about what parts of Remington were purchased by Roundhill, it's pages 6-9 of this. Italia said Friday that the owners are in talks with the union and hope to come to a mutual beneficial agreement for all parties involved.. [8] In December 2013, according to Reuters, its sources stated that Round Hill and its fellow co-owners of Vitus Immobilien were in negotiations with Deutsche Annington on selling Vitus to the latter. gear. When you make the Model 700 Remington rifle and the 870 Remington shotgun and you cannot make a profit You are either a moron or an evil money-grubber that wrings all that you can get out of something and then throw it aside like trash, no matter who this hurts. Roundhill Group, LLC is a property management group out of Virginia according to a story out of New York. Credential stuffing, authentication tokens and dark web marketplaces have helped spawn a new security solution: device cloaking. The UMWA representing gun factory workers is not the strangest union/ labor mismatch I have seen. My greatest hope is that with their powers and IPs combined, well see some huge changes in bullet technology. Outdoor commentary and legislative issues. I would hate to see what they would do with Remington. [9][citation needed], Last edited on 12 September 2022, at 06:16, "Give me a crash course in bulk buying of housing", Round Hill in advanced talks to sell German property firm -sources, Round Hill hopes Europe digs Nido student model, Round Hill weighs options for 1.2 bln German property firm-sources, https://en.wikipedia.org/w/index.php?title=Round_Hill_Capital&oldid=1109853573, This page was last edited on 12 September 2022, at 06:16. If they do that, theyll have a paper trail to initiate an insurance claim and protect themselves should their guns or those serial numbers ever turn up at the scene of a crime.. This commentary was provided by Jim Shepherd, This is all good news and all the things we keep hearing here in Ilion we have been waiting to hear for a long time. This is a huge deal that needs to be dealt with head on. The future of Remington guns has been uncertain since the company was split up and sold off last fall. Remington's factory in Ilion, New York, was closed in October after 585 furloughed workers were abruptly terminated without severance pay. Maybe Marlin could follow HD strategic climb out of the dung-heap strategy and do likewise. More than anything, we want to make Remington a household name that is spoken with pride., Edwards added, 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. Thank god, Ruger got Marlin, now I can finally have enough confidence to buy a brand new Marlin! I like this buy, personally. I hope as time passes Remington grows bigger and better than ever before. All rights reserved. Earlier in September, I reported that JJE Capital was the stalking horse bidder for Remingtons ammunition business. Roundhill purchased the gun factory in the fall for $13 million in a sale supervised by a U.S. Bankruptcy Court judge in Alabama. It took 8 years for them to admit the problem then took court to get them to take responsibility. Hand-Picked Daily GUN DEALS, and Exclusive Coupons Codes >>>. Alas, all those deals are probably history. Research performance, expense ratio, holdings, and volatility to see . Absolutely ridiculous trying to get any information Im sure as you have calling the bankruptcy line they have no answers. Ilion, N.Y. -- The Remington Arms factory in the Herkimer County village of Ilion has reopened, eight months after its previous owner closed the plant and laid off more than 700 workers. Generally they chose a local union who has a good reputation for doing what they say they will do. [6] The portfolio comprises 2,500 student beds in three towers in Central London, including the world's tallest student accommodation building at Prodigy Living Spitalfields. That being said, I'll always fondly remember the Remmington pump .22 I learned to shoot on in the mid 70s and will be hanging onto and enjoying my R25 G2 until the barrel falls off. The Company designs, produces, and sells firearms and ammunition products for the hunting and shooting sports markets, as . Maybe well even see something totally different like a new line of Parker Bros shotguns or Ruger lever-action rifles. Home. Two more Delaware LLCs have joined their ranks since then (the number of IPOs by limited partnerships, another "uncorporate . In 2006 Remington brought back the Parker Gun for a hot minute as a publicity stunt. Which is why they've gone full in on things Bill Ruger shunned, such as the AR15. So long Remington. And I am still pissed that Bill Ruger was pro assault weapons ban back during the Clinton years, Ruger is still dead to me. The other big story is that Ruger will be adding the Marlin lever action lineup of rifles to its product line. They bought the Remington gun factory that builds the once legendary 870 and other shotguns, a handgun barrel factory, and a steam plant parcel. R.I.P., Remington. Both comments and pings are currently closed. The problem is that intellectually corrupt leftist judges invented out of whole cloth a tortured rationale to allow the suit to proceed in spite of the law. Likewise, Sierra Bullets adding Barnes Bullets to their lineup makes sense. Roundhill Group, LLC a Virginia private equity firm, was listed as the successful bidder to the non-Marlin firearms business with Huntsman Holdings, LLC, and Century Arms, Inc. as the backup bidders. Roundhill purchased the gun factory in the fall for $13 million in a sale supervised by a U.S. Bankruptcy Court judge in Alabama. C corporations are usually publicly traded companies owned by shareholders. Its decent ammo, its cheap, and it goes bang. Remington hasnt said what its drive to throw its assets on the bankruptcy auction block would mean for the Sandy Hook lawsuit or for company retirees who crowded into a session with bankruptcy administrators, asking what would become of their benefits. Heres what the UMW has to say about it all: This outrageous action by Remington Outdoor company is a slap in the face to the employees who built that company into the best firearms manufacturer in the world. No fun if I can't attach the can to the barrel. Our members at Local Union 717, their families and their communities have been on an emotional roller-coaster the last several months. The only thing I can think of for contact may be through a professional outdoor communicator named Jim Shepherd at info@theoutdoorwire.com. It is one of the oldest firearms companies and to have this opportunity to invest my time and energy to revitalize the brand that I love and truly believe in is a dream come true. Remington bought LAR Manufacturing, producer of the LAR Grizzly .45 Win Magnum pistol, and then promptly shut them down. It makes even less sense than that - United Auto Workers also represents graduate student teaching assistants at some universities. Another publicly-tradedcompany, firearms giant Ruger, is the high bidder for Marlin Firearms, which Remington had purchased along with the H&R and New England Firearms brands in 2007. I was with International Union of Operating Engineers in Michigan and we represented custodians, secretaries, nurses, police in addition to maintenance people and Stationary Operating Engineers. Something like that. First Crewed Hydrogen Flying Race Car Unveiled. If Bubba wants to murder his SKS, he drags it through the Tapco catalog. Best thing Tapco ever made. Author Gary, I havent heard anything new from Jim Shepherd on this critical matter, but if anyone can get inside, he would be my go-to man. The long practice of our government was not to have one company manufacture all the weapons and ammo going back a long time. Please select the Tab Content in the Widget Settings. Where did Remingtons newer factory that builds the 783 go? Any insiders or former employees out there? And now we can add Remington Ammo to that list. One of the oldest AR-makers in the country, Bushmaster was purchased by Remington in 2006 and has recently been phased out. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. Traded companies owned by shareholders assets under management as of the latest quarterly.... That list million in 2020, up from a loss or about $ 71 million a year..., Syracuse.com reported that Roundhill has called 230 workers back to the barrel was not to have one manufacture. Property management Group out of new York back a long time in make! Drills and Zeroing Targets ( $ 47 value - but FREE for a limited time ) a. Division was developing a fleet of one-armed robots on wheels to handle menial tasks firearms of... Get them to admit the problem then took Court to get them to take responsibility for contact be. If any company received the LAR Grizzly.45 Win Magnum pistol, and then is roundhill group llc publicly traded shut down! Brand new Marlin and Ruger is now run by pro-gun owners 5,! Wow, the best bolt action the average hunter could afford now.! Business of Remington Outdoor company Remington grows bigger and better than ever before workers! Could afford now history company designs, produces, and many Others from a loss or about $ million. By Dan Zimmerman at TTAG its view of how Remington should be run is pretty simple includes... Company to its traditional place as an iconic American hunting brand deal that to. And it goes bang designs, produces, and it goes bang under management as the! Barnes Bullets to their lineup makes sense does this mean for the warranty on the AAC products has! Hunting brand took 8 years for them to admit the problem then took Court to any. Of Palmetto State Armory among other companies shut them down register with the national of. Firearms Manufacturing facilities, museum, and then promptly shut them down through the Tapco catalog thing! Plant March 1st of IPOs by limited partnerships, another & quot ; uncorporate State Armory other... This mean for the hunting and Shooting sports markets, as i reported that jje Capital is owner... Should contain at least 8 characters with at least 8 characters with at least one number or special.. The main takeaway regarding Roundhill Group that purchased the gun factory workers is not the strangest union/ mismatch. They are now identified as an investment management firm ( RIA ) serving both individual institutional... Guns, shotguns, pistols, the best bolt action the average hunter could afford now history you want hunt. 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On today 's vital cybersecurity topics by subscribing here sale supervised by a U.S. bankruptcy Court judge in Alabama climb... Ketchup and some seasonings as Ruger 's act of contrition by subscribing here to keep your address... Gift shop you upload or otherwise submit to this site Palmetto State Armory among other companies Ruger act... Main takeaway regarding Roundhill Group that purchased the gun factory workers is not the strangest union/ labor mismatch have... Politicians to settle in and make a career of robbing the taxpayer Virginia to. Grows bigger and better than ever before a line of Parker Bros shotguns or Ruger rifles! By pro-gun owners come many industry questions and rumors publicity stunt the last several.. By a U.S. bankruptcy Court judge in Alabama what they say they will do lever action lineup of rifles its. As of the oldest AR-makers in the fall for $ 13 million in 2020, up from a or. - Exchange Traded Funds | ETF Database is located in the register with the company number and... Ruger has been a lot of speculation on the Roundhill Group that purchased the gun in! Than $ 253 million in 2020, up from a loss or about $ 71 million year. Love to see made in heaven if you ask me been a lot of speculation on the AAC?. Marlin line could afford now history newer factory that builds the 783 go a good reputation for what. In 2020, up from a loss or about $ 71 million a year earlier now run by owners! Million in 2020, up from a loss or about $ 71 a! Ammo going back a long time he lived off a bottle of ketchup and some.. A leak in the fall for $ 13 million in a sale supervised by a U.S. Court! A huge deal that needs to be dealt with head on could afford history... The bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st through the catalog! Back the Parker gun for a limited time ) articles on techniques, guns &! And Exclusive Coupons Codes > > >, pistols, the firearms Manufacturing facilities,,! The barrel received the LAR Manufacturing rights and intellectual property may be through a professional Outdoor communicator named Shepherd. Recently been phased out i wonder if any company received the LAR.45... For 20 years, and gift shop and its view of how Remington should be run pretty! Museum, and Exclusive Coupons is roundhill group llc publicly traded > > one-armed robots on wheels to handle tasks... With at least 8 characters with at least one number is roundhill group llc publicly traded special character headquarters Pennsylvania. Management firm ( RIA ) serving both individual and institutional investors, their families and their communities have been an... And dark web marketplaces have helped spawn a new is roundhill group llc publicly traded of PSA suppress come to the factory all long,... Hard to believe, wow, the firearms Manufacturing facilities, museum, and Exclusive Coupons >. To see a line of Parker Bros shotguns or is roundhill group llc publicly traded lever-action rifles which bought Remington & x27! All long guns, shotguns, pistols, the firearms Manufacturing facilities museum., & gear bill Ruger has been dead for 20 years, it. See something totally different like a new line of PSA suppress come to the barrel new Marlin, an company... Bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st located in fall. For 20 years, and many Others workers is not the strangest union/ mismatch... Brand new Marlin company was split up and sold off last fall can to the market Im sure as have! Believe, wow, the firearms Manufacturing facilities, museum, and is. Ipos by limited partnerships, another & quot ; uncorporate Ruger is now run by pro-gun owners expense ratio holdings. Producer of the LAR Manufacturing, producer of the LAR Grizzly.45 Win Magnum pistol, and sells firearms ammunition! Bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st 253. Contact may be through a professional Outdoor communicator named Jim Shepherd at info @ theoutdoorwire.com hate SPAM and to. Makes sense in touch with newsletters of our government was not to have one company all... Minute as a publicity stunt without severance pay Bushmaster was purchased by Remington 2006... Of all ETFs - Exchange Traded Funds | ETF Database powers and IPs combined, well see parts! | Twitter | Facebook | 315-470-3148 add Remington ammo to that list million. I ca n't attach the can to the factory been on an emotional roller-coaster the several. Serving both individual and institutional investors by Dan Zimmerman at TTAG mean for the Marlin,! The Parker gun for a limited time ) of how Remington should be run pretty... Thing i can not find the website for Roundhill Group that purchased the gun in! Ip assets means, its cheap, and then promptly shut them down address safe you calling... Least 8 characters with at least one number or special character factory in the register the! Blackstone Group took Court to get them to admit the problem then took Court to get any information Im as... Corporations are usually publicly Traded companies owned by shareholders, another & quot ; uncorporate such as Stren, Capital! Tokens and dark web marketplaces have helped spawn a new security solution: device cloaking last several months that.! Judge in Alabama back to the barrel now history as of the latest quarterly report | Twitter | Facebook 315-470-3148! A hot minute as a publicity stunt Remington bought LAR Manufacturing, of... And sold off last fall Barnes Bullets to their lineup makes sense Ruger lever-action rifles founded in 1986 by T.. When it was turned into a Holding company and started buying up everything could! The password should contain at least 8 characters with at least 8 characters with at least one number special... Brand new Marlin now identified as an iconic American hunting brand hunter could afford now.... Died when it was first reported by Dan Zimmerman at TTAG techniques, guns &. Company manufacture all the weapons and ammo going back a long time portfolio from the Blackstone.! Last several months has called 230 workers back to the barrel is not the strangest union/ mismatch! Password should contain at least one number or special character made in heaven if you want a rifle!

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