September 30, 2016 9:05 AM ET

Leisure Products

Company Overview of Remington Arms Company, LLC

Company Overview

Remington Arms Company, LLC designs, manufactures, and sells sporting goods. The company offers rifles, shotguns, handguns, firearms and ammunition products, and rifle parts to hunting and shooting sports markets, as well as military, government, and law enforcement markets. It sells its products through dealers in the United States; and via online. The company was founded in 1816 and is headquartered in Madison, North Carolina. Remington Arms Company, LLC operates as a subsidiary of Remington Outdoor Company, Inc.

870 Remington Drive

P.O. Box 700

Madison, NC 27025-0700

United States

Founded in 1816

2,275 Employees

Phone:

336-548-8700

Fax:

336-548-7801

Key Executives for Remington Arms Company, LLC

Executive Chairman and Member of Executive Committee
Age: 57
Chief Operating Officer
Age: 57
Chief Sales Officer
Age: 54
Vice President of Corporate Finance & Planning and Treasurer
Chief Technology Officer
Age: 57
Compensation as of Fiscal Year 2016.

Remington Arms Company, LLC Key Developments

Remington Arms Co. LLC Wins $2,501,526.62 Federal Contract

Remington Arms Co. LLC, Madison, North Carolina, won a $2,501,526.62 federal contract from the U.S. Army Contracting Command for ammunition.

Remington Arms to Add Jobs in Huntsville as Kentucky Plant Closes

Remington Arms Company announced it would be adding jobs to its operation in Huntsville as the company shuts down production at its Mayfield, Kentucky plant. The company didn't specify exactly how many positions would be added in Huntsville, but it plans to employ as many as 1,800 there by 2021. Remington said it plans to consolidate the Kentucky and Huntsville operation over the next few months, a move expected to affect about 200 workers.

Remington Arms Co. and Plaintiffs in Two Class-Action Lawsuits Formalizes a Settlement Agreement

Remington Arms Co. and plaintiffs in two class-action lawsuits formalized a settlement agreement under which the company will replace the triggers on millions of guns, including its most popular bolt-action rifles. Under the deal reached in July and filed in federal court in Kansas City, Remington will replace X-Mark Pro triggers on its popular Model 700 and Model Seven rifles manufactured from May 1, 2006, through April 9, 2014. It also agreed to replace XMP triggers on a number of other models, but does not acknowledge any equipment defect. Dozens of lawsuits have been filed against Remington over the past three decades, several by people who claimed injury and death from guns that misfired. In a 1994 Texas case, a jury awarded $17 million to a man who lost his foot. In 2010, Remington issued a statement saying its Model 700 had been 'free of defect' since it was first produced.

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