https://www.shootingillustrated.com/articles/2021/2/2/remarms-to-begin-production-march-1, Credit: Guy J. Sagi Shooting Illustrated. Trump/Pence 2020. A wage is an hourly rate and a salary is a fixed regular payment. BIG Sectors (coming soon) Learn more! Our History Who We Are Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. They are also discussing opening a new facility in the parking lot of the current building. Could have been later in WW2). Haha I love 30 mins away. Roundhill Investments Inception 06/03/2020 Expense Ratio 0.75% AUM $128.72M Returns Holdings Breakdown Stocks Consumer Cyclical 93.60% Communication 3.75% Technology 2.65% Bonds, Cash & Other. Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. 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 The Press Release gives some information and, probably most importantly, their intentions with Remington seems real and genuine. They are all life-long hunting advocates and staunch Remington brand loyalists. Well, 30 rounders for the P89, but now Im up to 110 rounders for the 10/22. Remington in my opinion is the best gun maker ever. Sturm, Ruger, through its Pine Tree Casting, Uni-Cast, and Ruger Investment Casting divisions, is also engaged in ferrous, aluminum, and titanium precision investment casting for customers in the aerospace, sporting goods, and other industries. LLC. In-depth profiles and analysis for 20,000 public companies. But one of the successful bidders the Roundhill Group, LLC was something of a mystery. I live in Rapid City, SD and we have a company called Jacks First Gun Parts that deals in all kinds of gun parts. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. A couple of years ago, having nothing better to do, I pulled it out and looked at it. In short, he wants to make sure that Remingtons people finally, once again have the resources and tools to do their job and make guns again the right way, the way that sustained them for generations and that earned the brand the trust of millions of gun buyers. 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. Blackwater doesnt make guns. . Recover it here. You cannot invest directly in an index. Yikes! The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. In short, Edwards and Roundhill want to make Remington great again (our words, not his). Seems that while many other companies have bought out their subsidiaries, Roundhill is the one buying Remington Firearms itself. Maybe with new management with hunting roots they will understand to manufacture of guns such as a good 410, 28, 20 and 12 gauge guns like they always did and resurrect the 3200 in such gauges. Returns less than one year are not annualized. Polymer-80? Theyve been at it for over two centuries. COPYRIGHT 2021, THETRUTHABOUTGUNS.COM. He has held positions with leading outdoor companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others. Stick with 870s 1100s and 700s, imo. Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) has a market capitalization of $130.73 million. To be able to deliver this, we recognised the need to create a different type of real estate company with a unique approach to: Driven by our expertise in the accommodation sector, we have a strong local footprint that delivers unrivalled consumer and investment insights. DOW 32,713.05 (-0.54%) We create spaces that give real financial, social and sustainable value to both our partners and our customers. We have been told that we will probably never get the part! Trump/Pence 2020! Get daily stock ideas from top-performing Wall Street analysts. Yea. The Roundhill Group is made up of a group of people with years of combined experience in marketing, production, and engineering, both inside and beyond the realm of weapons. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Go fuck yourself Roundhill Group, LLC filed as a Domestic Limited-Liability Company in the State of Nevada and is no longer active. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non . 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 . The former Remington Arms plant in Ilion has reopened under its new ownership, and some former employees are getting back to work. If you are interested call 605-341-5211 and ask for Mike Blote. Most of the former Remington employees are members of UMWA Local 717. Roundhill Group was one of seven buyers in Remington's bankruptcy sale. I have exhausted all of my avenues. 326 E 8th St #105, Sioux Falls, SD 57103 A bankruptcy court split up the company. And they intend to keep producing firearms in Ilion, New York, where the company has been operating since 1816. BIG ETFs - focused exposure to largest in sector companies. I just saw your post about getting some 7mm Dakota brass. Roundhill Group LLC partner and spokesman, Jeff Edwards addresses these issues: As is known, Roundhill Group LLC and a group of experienced firearms manufacturing and hunting industry professionals is in the process of purchasing Remington Firearms. 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. Atlanta. Stay with what made them, leave the new pistol a month for others to lose money on. 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. For unlimited access to her stories, please subscribe or activate your digital account today. Theres enough companies making ARs and Glock clones. What is Roundhill Sports Betting & iGaming ETF's stock symbol? Still own several 700s. Since then, DEEP shares have increased by 10.7% and is now trading at $33.43. ALL RIGHTS RESERVED. Posted February 4, 2021 in Companies, Daily News, Pump, Shotguns by Pete with No CommentsTags: Illion, Remington, Roundhill Group, A NEW HOPE: Remington 870 Shotguns Begin Production March 1st. [emailprotected], BREAKING: Roundhill Group LLC Purchases Remington Firearms, A HOUSE DIVIDED: Remington Asset Bids Come to Light, Remington Files Chapter 11 for a Second Time Amid Record Firearms Sales Months, ROUNDHILL GROUP OBTAINS FEDERAL FIREARMS LICENSE. Posted October 1, 2020 in Breaking News, Companies, Daily News, News by Eric B with No CommentsTags: Jeff Edwards, Remington, Remington Firearms, Roundhill Group, Roundhill Group LLC Purchases Remington Firearms. Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. Roundhill Sports Betting & iGaming ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "BETZ.". Leave the 1911s and ARs to the 9,000 other companies not making any money in an over super/saturated market. Stocks of gun-makers are found primarily in small cap ETFs. R51, RM380 and R1 Executive Ultralight 45. My son has an R51 and other than saying its a bitch to disassemble/reassemble, hes had no complaints. During the Great Depressions, Remington was again sold off, this time to DuPont. Something tells me hes just a sales guy. Round Hill Capital LLC ( RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. Remember me on this computer. Former management seemed intent on fleeing the high tax and organized labor state of New York for friendlier climes in the south. I can talk shit and make up lies about people, and Id love to be able to stay home and mess around the computer all day. Roundhill Sports Betting & iGaming ETF's stock is owned by a number of retail and institutional investors. 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. IIRC Dan Quale is on the board of Cerabus Group. The next step is to negotiate a full collective bargaining agreement that the members can ratify and then get operations fully back to normal., More:Herkimer County IDA OKs tax breaks for Remington Arms buyer, More:United Mine Workers of America International, Roundhill negotiating over Remington, More:New owners of Remington Arms plant in Ilion obtain firearms license, plan to open. I dont hate fudds or their guns. Why? Honestly, that's what they need. When I couldnt seem to get a decent grouping, I put it in the vault and forgot about it. They were there a few years ago. I will not buy another. Number of employees. NYSEArca - Nasdaq Real Time Price. Unfortunately, its worse, still, than that. In short, he says he wants the people at Remington some of whom have been there for decades, people who know how to make good guns to stop having to manage around a bunch of dumb ideas handed down from above. Not exactly, she told me if I would send in the rifle, I would get $300 off the cost of a new rifle.??? 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. Roundhill Group LLC has not filed any forms with the United States Securities and Exchange Commission. Based on aggregate information from My MarketBeat watchlists, some companies that other Roundhill Sports Betting & iGaming ETF investors own include DraftKings (DKNG), NVIDIA (NVDA), Boeing (BA), QUALCOMM (QCOM), Alibaba Group (BABA), Walt Disney (DIS), Netflix (NFLX), PENN Entertainment (PENN), Pfizer (PFE) and Johnson & Johnson (JNJ). And they want to let them do that without meddling from above in day-to-day operations. There isnt a gun manufacturer in East Tennessee at all actually since SCCY backed out of moving to Maryville (about 15 mins from Lenior City and Knoxville) last month. The new owners of Remington, the Roundhill Group, have just obtained their Federal Firearms License (FFL) for the iconic Ilion manufacturing plant where the Remington 870 shotguns are produced. According to WKTV Channel 2 Utica (NY), maintenance will begin on the plant in mid-February in preparation for the March 1 restart. Uh JMB has been dead for nearly 100 years. In our article published a few days ago about the Remington assets being dividedRoundhill Group, LLC was mentioned as one of the successful bidders. I just want to one day in the near future, have the opportunity to buy an 870 that isn't rusted right out of the store. isnt the hallmark of FUDDS is that they support 2A protecting only hunting? Roundhill Investments is shuttering its Pro Sports, Media and Apparel ETF (NYSE: MVP) just over a year after its launch, because the stock fund failed to gain traction among investors.The company announced the sports fund will be liquidated April 8, along with another ETF focused on streaming services. 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. Remington started as a barrel straightener, not as a firearms manufacturer. Not just Remington, I have a Ruger Model 77RLS in .270. In 98, with 24 employees and 13 of those original 24 still worked for me, he explained. Who are Roundhill Sports Betting & iGaming ETF's major shareholders? Legal Disclaimer
Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. For the most recent month-end performance, please call (855) 561-5728. You basically have Barret and Beretta in the metro Nashville area and thats it these days. 828-399-0976. 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. Shut down in the aftermath of Remington Outdoors' federal bankruptcy filing and resulting auction last September, the New York factory along with a Tennessee-based pistol barrel plant was acquired. As long as they vote pro-2A and dont make backroom deals with antis like SOME companies.. Thank you, I have owned many Remington firearms in my life. What will be the first firearm to come out of the factory once production resumes? Also, they need to leave NY in the rearview once and for all. Id rather they focus on something else. Read the latest news from Round Hill Capital and our affiliated businesses. And I have not heard anything from Ruger about capacity since his time. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 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. Good job whiner. Social Media Disclaimer
Our members in Central New York have been through a lot the past year, Roberts said. (Podcast). If me and the maintenance team could get one of those hats..we are in Lexington mo.and. Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. This entry was posted on Monday, September 28th, 2020 at 13:00 and is filed under Industry. I rasped it down, floated and bedded it. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. The union immediately began fighting that decision, and local union workers and supporters conducted several rallies calling for the company to live up to its agreement. Theyll keep the Sturgis, South Dakota and Lenoir City, Tennessee facilities, too, and theyre in discussions with the city of Huntsville to maintain that newer production facility as well. 154 W 14th Street
Now Im regression, Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. From a post on SBG Media: Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida, announced that it is purchasing Remington Firearms. Why not bring this gun back. Stick to 700s and 870s. Ive a 1903 Springfield made by Remington in 1938, sporterized likely in the 1950s. Roundhill Investments. BIG ETFs - focused exposure to largest in sector companies. View the best growth stocks for 2023 here. A report in Sunday's Wall Street Journal puts the auction bid price at $13 million dollars. Instead, we look at the best combination of sector, country, city, asset type and investment structures, to ensure we are creating the most value for everyone involved. There are are other companies too. Always ready to increase my collection of modern semi-automatics, optics, thermals and suppressors. View which stocks are hot on social media with MarketBeat's trending stocks report. Bend the barrel. You can follow any responses to this entry through the RSS 2.0 feed. Currency in USD, Roundhill Investments Announces Dave Mazza as Chief Strategy Officer. Remington at the time wanted a big check from the US Govt to establish a production line. I have never had any problems with any of them. The company's principal address is 117 Eisenhower Blvd, Lancaster, PA 17603. BIG ETFs - focused exposure to largest in sector companies. He just wants them to make good guns again. Since then, BETZ stock has increased by 14.6% and is now trading at $16.40. 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. With this acquisition have come many industry questions and rumors. One was the Roundhill Group LLC, which bought Remington's non-Marlin firearms business for $13 million, a deal that included two factories. I started GI Sportz. This letter of agreement was a long time in the making, said UMWA International President Cecil E. Roberts. >3,000. Roundhill Group, LLC wins non-Marlin Firearms Business Assets (Back-Up Winning Bidder: Century Arms) Sierra Bullets, L.L.C. 4.) Gunbroker? Do everything possible to help employees relocate. I would welcome a return email to discuss this with someone. When I asked him if there was a message hed like to convey to the gun-buying public Edwards declined. Returns are for Net Asset Value (NAV). Round Hill Capital Residential Real Estate S Explore moments from the firm's 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. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Market performance is determined using the Primary Exchange official closing price. If it fails once more after this, Ill decommission it (make it unfireable) and repurpose it as a wall decoration in my man cave. Is Stellantis Stock a Value Investors Dream? Posts: 3,619. Lenoir City? www.remingtonoutdoorcompany.com. An investment company called The Roundhill Group LLC purchased the Remington firearms factories last fall for $13 million. Remington Outdoor Company ( ROC) was an American firearms manufacturer and holding company. Whereas I kept the Rugers and bought true high capacity 30 round mags for them to give the finger to Bill. 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. Roundhill group, who bought Remington in Ilion last year, confirmed with NEWSChannel 2 that they received the license last week.The plan is to open the plant in Ilion on Feb. 16 for maintenance. It is the first step toward re-establishing a normal relationship between the union and the operators of that plant, one that will allow the professional craftspeople who have built firearms in Ilion to return to doing what they do better than anyone., He added: There is more to do here. Cast parts or pot metal there really isnt much difference. The future of Remington guns has been uncertain since the company was split up and sold off last fall. Earlier this week, we talked with Jeff Edwards, one of the Roundhill partners and the groups public face who told us that the Roundhill guys have years of experience in product design and engineering in the firearms and outdoor space. Ilions fix? Unfortunately gun people remember everything and forgive nothing. That would be a pretty silly way to introduce yourself to your newly acquired workforce hi we own the company now just so you know we plan to shit can you all and close this facility down you know they cant say that even if they are open to the idea and since the article does say they are in talks with the facilities in Alabama and TN to reopen them ASAP, they obviously see the value in being in friendly territory. These (same as the old) pencil-pushers will have it right back to unbearable debt in no time, and this time it will be organic debt, not the false nut it was laden with last time. It also sets a 60-day deadline to begin negotiations on a collective bargaining agreement. Overviews & Fees Performance Documents As of 02/24/2023 Reality? Since 2002, we have built a global vertically integrated company that encompasses investment, asset, development and property management. Hopefully they have the knowledge and skills to take Remington into the future. The company also said it would not pay severance and accrued vacation benefits, as called for under its collective bargaining agreement with the UMWA. His efforts failed to repair the ejector. Our daily ratings and market update email newsletter. Sturm Ruger & Co are one of the other top bidders on Remington Outdoor's gun making business. Eh, I mean traditionally, Remington has always been more of a Fuddy company. Bills dead, in case you hadnt heard. After much rumor and innuendo, Roundhill Group, LLC. I took it too our local Certified Gunsmith of over 40 years. https://www.wktv.com/content/news/Roundhill573553701.html. As of today, losing their health care benefits and severance, according to 9,000! Important global business and breaking markets news and information as it happens Industry questions and rumors big from... My collection of modern semi-automatics, optics, thermals and suppressors, 24. Is Roundhill Sports Betting & iGaming ETF ( NYSEARCA: BETZ ) has a market of. 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