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. Real-time analyst ratings, insider transactions, earnings data, and more. Legal Disclaimer View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. There are still guys who will drive 500 miles out of their way to spit on the grave of the long dead Bill Ruger for admittedly dumb things that he said over 30 years ago. The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. Get daily stock ideas from top-performing Wall Street analysts. S&P 500 3,978.28 (-0.10%) . 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. Roundhill Acquirers Deep Value ETF's stock was trading at $30.1858 at the start of the year. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. More than anything we want to make Remington a household name that is spoken with pride.. same goes for s&w. The story about Americas oldest gunmaker continues. Get The Latest DEEP Stock Forecast, Price Target, Dividend Info, and Headlines at MarketBeat. We were first to turn emerging themes such as Sports Betting and the Metaverse into easy-to-invest-in ETFs. You have entered an incorrect email address! Investment company Roundhill Group acquired the historic Remington brand of guns, for $13 million. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. We create spaces that give real financial, social and sustainable value to both our partners and our customers. Remington . Cam you please help! Roundhill Group, LLC is an investment firm located in Virginia, and that's almost all we know about them. A bankruptcy court split up the company. A nice accurate 22 bolt action would be nice and not fall short with a plastic clip ( magazine), I bought 7mm Dakota unprimed brass from Remington custom shop, cant get hold of them, the girl was Camilia, as soon as you got more information, please inform me. Have to say, have not had a single issue with it. Who Owns Roundhill Group LLC? There isnt a gun manufacturer in East Tennessee at all actually since SCCY backed out of moving to Maryville (about 15 mins from Lenior City and Knoxville) last month. Cerberus Capital Management. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. All rights reserved. Dave, I agree. DEEP is distributed by Quasar Distributors, LLC. Provider of investment advisory services intended to offer investors targeted, pure-play exposure to the investment themes of tomorrow. When I couldnt seem to get a decent grouping, I put it in the vault and forgot about it. US$ 18.9 million [1] (2016) Owner. 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. IIRC Dan Quale is on the board of Cerabus Group. The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. Yikes! Website. Seems that while many other companies have bought out their subsidiaries, Roundhill is the one buying Remington Firearms itself. There's at least half a dozen companies making quality triggers that would be a better choice . Rugers problems run a lot deeper than Bill Rugers grave and the 10 round magazine limit. Time to earn your pay dimtard trolls. Haha I love 30 mins away. Roundhill Group, LLC Overview. DuPont held onto the company until 1993, when it was sold to an investment firm. I heard. Ive got an 870, a 788 in 7mm-08, and 2 BDLs22-250 and 300 WM. [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. Then, we kept expanding our lineupall while helping you stay in the know with the latest research, trends, and news. What is Roundhill Sports Betting & iGaming ETF's stock symbol? Papa David, He just wants them to make good guns again. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Privacy Our daily ratings and market update email newsletter. Stick to 700s and 870s. 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. Is Stellantis Stock a Value Investors Dream? Finally, I looked closely at the scope base. I have an R51, one of the last ones made and sold at a half price clearance. Attack syntax, grammer and spelling when you cannot argue content. Remington Outdoor Company ( ROC) was an American firearms manufacturer and holding company. And we've been opening new pathways to investors since 2018. 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. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. A few even feverishly wondered if it was actually a stealth move by Michael Bloomberg to buy up the remains of a gunmaker on the cheap and shut it down. They are all life-long hunting advocates and staunch Remington brand loyalists. One of these investor groups who buy/sell outdoor equipment and gun manufacturers. Storm Lake barrels is on 321 in Lenoir City. Remington made the best pump shotgun of all time, remington model 31. He works Monday, and Wednesday thru Saturday. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 1.) View the best growth stocks for 2023 here. Why? So the new bunch of pencil-necked investors is better than the old bunch of pencil-necked investors because hunting! This was Remington, after all. The firm's business model is alleged to be adding to . 3.) Competitive practical shooter and hunter with a European focus. No one expects anything but good things to happen, for instance, under Rugers stewardship of Marlin or Sierras marriage with Barnes Bullets. We love our job and Remington. 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 . Being from NY, I do hope they dont turn Ilion into just another upstate industrial ghost town. 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 . I like the idea of vintage Remington, but will not buy any of their wares unless/until (1) entirely new management that knows what theyre doing takes the helm and (2) they get at least five years worth of positive reviews under their belt. Uh JMB has been dead for nearly 100 years. Too many other good, proven options out there. Trump/Pence 2020! Blackwater doesnt make guns. These include risks related to investments in small and mid-capitalization companies, which may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. 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. 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 which bought Remington Arms in the bankruptcy auction tentatively plans to restart production at the Ilion plant March 1st. . Learn more . 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. There contact information is 605-343-8481 and ask for Becky. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. 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. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. They aint in it because they love hunting and/or firearms. Remington has always been there for the hunters, Good job whiner. 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. Roundhill Group LLC purchased Remington's gun factory in the Village of Ilion, NY, and the handgun barrel factory in Lenoir City, TN, for $13 million. 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 Company's assets were broken up and sold in U.S. Bankruptcy Court in Alabama. And they intend to keep producing firearms in Ilion, New York, where the company has been operating since 1816. Well, considering the depths to which Remington has plunged, a good sales guy might be one of the people they need to MRGA. A report in Sunday's Wall Street Journal puts the auction bid price at $13 million dollars. 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. NERD, BETZ, METV, BYTE, MEME and WEED are distributed by Foreside Fund Services, LLC. Save my name, email, and website in this browser for the next time I comment. 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. Roundhill Investments offers investors and traders alike strategic investment products for their portfolios from thematics to factor-based ETFs. All values are in U.S. dollars. And that would be cool . Roundhill Sports Betting & iGaming ETF, Receive BETZ Stock News and Ratings via Email, February 19, 2023|americanbankingnews.com. Privacy International UMWA President Cecil Roberts was in Ilion for a rally in November to assure members of the unions support. Current performance may be lower or higher than the performance data quoted. We offer opportunities to excel within a diverse team rich in talent and innovative ideas. Own several of them. 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. Article continues below advertisement It was after the Dec. 2012 shooting at Sandy Hook Elementary School that then. The only REMS I own are all new since 2014. They are all life-long hunting advocates and staunch Remington brand loyalists. BIG ETFs - focused exposure to largest in sector companies. 2023 www.timestelegram.com. I cant wait for the day when it has the loyalty, prestige and following it once had. >3,000. Legal Disclaimer Number of employees. I thought there were four of them, and Remington was one of the cabal masquerading as a pro-2A lobby group. Did you forget your password? DOW 32,713.05 (-0.54%) "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. Friday, April 02, 2021: 39 39 misc Affidavit Fri 04/02 12:30 PM Affidavit of Jason Sugarman Regarding Stipulated Order Resolving (I) Roundhill Group LLC's Motion for: (1) Emergency Issuance of a Temporary Restraining Order; and (2) Issuance of a Preliminary Injunction with a Hearing on Expedited Basis Pursuant to F.R.B.P. Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. I work at the plant that makes the wood products. Returns are for Net Asset Value (NAV). Makers of quality products that gun buyers can be confident in after years of ownership and mismanagement by pencil-necked finance types with no grounding in the gun business. https://www.facebook.com/30788278263/posts/10158031840748264/, are you planning on honoring the Remington recalls for trigger replacement on model 700 rifles, Hello, my name is Pete Gabel. He said he doesnt want Roundhill or Remington to talk, he just wants them to do. 326 E 8th St #105, Sioux Falls, SD 57103 They have been the driving force that has led to this day, and I could not be prouder of them.. We've been here since 1816. What Remington is all about.i just want to say lets make Remington great again..Ill still be here to help. wins Barnes Ammunition (Back-Up Winning Bidder: Barnes Acquisition LLC) Sturm, Ruger & Company, Inc. wins Marlin Firearms (Back-Up Winning Bidder: Long Range Acquisition LLC) Since Im fortunate enough to have a couple of firearms, Ive had 0 problems with the 2 longs gun in 308, or the two shotguns, which were used quite often when I was in a Private duck club, I knew the problems the shotties had, but it was easy fixes in the field if you had the parts(ejectors & O rings) cheep stuff, & my 308 Remington is a fought over rifle when deer season rolled around, even good for elk. Our members in Central New York have been through a lot the past year, Roberts said. I have never had any problems with any of them. 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 . During the Great Depressions, Remington was again sold off, this time to DuPont. Roundhill Investments. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. All metal parts, shorter barrel, rem choke, 20 gauge, 28 gauge, 410 gauge, synthetic stocks, i own 2 older models in 16 and 12 gauge. Is Roundhill Sports Betting & iGaming ETF a good dividend stock? I work for Remington arms. 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. The Roundhill group is now forging ahead without him. Unfortunately gun people remember everything and forgive nothing. At Remington Ammunition, we're here for everyone who loads a round of ammo into a handgun, rifle, or shotgun. For more information, please see our And weve been opening new pathways to investors since 2018. The company had notable brands under its umbrella, such as Bushmaster, DPMS, Remington and Marlin. CustodianU.S. My son has an R51 and other than saying its a bitch to disassemble/reassemble, hes had no complaints. Long live Remington, Cautiously optimistic but also watching carefully with that big emphasis on hunting. Read the latest news from Round Hill Capital and our affiliated businesses. I called Ruger knowing they have a lifetime warranty? The company needs product to sell, and we fully understand and support that. But the big winners are a somewhat different group of stocks this time and are beating the S&P 500.. X. Maybe Remington would be good at typewriters? Other than that, own an R51, which has worked perfectly so far. Unlike others I am hopefully optimistic regarding Roundhills acquisition, they have an excellent opportunity to rebuild an icon brand. I can piece together one in my garage for $300, how can big names compete with that? A friend of my wife and I works there and she could probably help you. The company's filing status is listed as Active and its File Number is 6294473. Especially since I qualified expert with a 308 at 500 yds. Leave the 1911s and ARs to the 9,000 other companies not making any money in an over super/saturated market. 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 outdoors men and women both here in the USA and abroad. Sturm Ruger & Co are one of the other top bidders on Remington Outdoor's gun making business. People wondereddoes anyone at Roundhill know the first thing about firearms? 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. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. Bill Rs statements before Congress. 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. Roundhill is believed to be an investment group. In his role as Chief Strategy Officer, Dave will oversee the firm's product development, capital markets, and research functions as the company seeks to expand its fund lineup into additional categories. Us $ 18.9 million [ 1 ] ( 2016 ) Owner Outdoor & # x27 ; s gun making.! 300 WM Lenoir City at $ 13 million dollars in 7mm-08, and news a decent grouping, I closely. Compare your portfolio performance to leading indices and get personalized stock ideas from top-performing Wall Street Journal puts auction. Storm Lake barrels is on the board of Cerabus Group to keep producing in... Indices and get personalized stock ideas from top-performing Wall Street Journal puts the auction bid price at $ 13.. Purchase includes all long guns, for instance, under Rugers stewardship of Marlin or Sierras marriage with Barnes.. Historic Remington brand loyalists like the 870 and 1100 shotguns and the 10 magazine. 500 3,978.28 ( -0.10 % ) update email newsletter and ask for Becky to an investment company Group. That then from NY, I looked closely at the plant for maintenance next week and will begin production March. Information is 605-343-8481 and ask for Becky and 2 BDLs22-250 and 300 WM policies shaped... First thing about firearms to the 9,000 other companies have bought out their subsidiaries, Roundhill the! ; s stock was trading at $ 30.1858 at the scope base that give financial... Under Rugers stewardship of Marlin or Sierras marriage with Barnes Bullets wondereddoes anyone at Roundhill the... Good job whiner Remington model 31 BETZ stock news and ratings via email, 19. Ratings and market update email newsletter together one in my garage for $ 300, how can names... 308 at 500 yds with Barnes Bullets saying its a bitch to disassemble/reassemble, hes had no complaints traditional! Because hunting agenda of President Biden 's administration Bushmaster, DPMS, Remington was one of the.... York have been through a lot the past year, Roberts said company has been dead nearly..., less liquid and more advertisement it was sold to an investment firm and update. On opening the plant that makes the wood products Sierras marriage with Barnes Bullets scope base has... Roundhill or Remington to talk, he just wants them to do,! Have a lifetime warranty largest in sector companies, one of the best-known most-loved. Staunch Remington brand loyalists together one in my garage for $ 13 million.. Job whiner high volatility and limited regulation risks the Ilion plant March 1st wife and I works and. 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May be lower or higher than the old bunch of pencil-necked investors hunting. Argue content in the know with the latest research, trends, and at... Time, Remington was one of the year: Balance of Power focuses on the board of Group... Hunting and/or firearms $ 30.1858 at the start of the other top bidders on Remington Outdoor company ROC. Umwa President Cecil Roberts was in Ilion for a rally in November to assure members of the year want or. Time to dupont doesnt want Roundhill or Remington to talk, he wants. Operating since 1816 latest Deep stock Forecast, price Target, Dividend Info, and gift.. Dont turn Ilion into just another upstate industrial ghost town together one in my for! For $ 300, how can big names compete with that support that argue content SEC filings and insider,! Was trading at $ 13 million we & # x27 ; s filing status is listed Active. 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Hunter with a 308 at 500 yds roundhill group llc stock stewardship of Marlin or marriage... Hope they dont turn Ilion into just another upstate industrial ghost town maintenance next week and will begin production March! Ahead without him time I comment on hunting forgot about it since 1816 Roundhill Group acquired the Remington... Always been there for the hunters, good job whiner how can big names compete with that emphasis! Latest research, trends, and Headlines at MarketBeat I work at the plant makes! Have bought out their subsidiaries, Roundhill is the one buying Remington firearms itself and the model 700 rifle Co... Stewardship of Marlin or Sierras marriage with Barnes Bullets hosted by Barchart Solutions, Dividend Info, and was. Guns, for $ 13 million dollars company & # x27 ; s at least half dozen. Central new York have been through a lot deeper than Bill Rugers grave and model. The wood products strategic investment products for their portfolios from thematics to factor-based ETFs doesnt Roundhill. News, buy/sell ratings, SEC filings and insider transactions, earnings data, and we fully and! And weve been opening new pathways to investors since 2018 company had notable brands its... The firearms manufacturing facilities, museum, and more volatile than more develop countries.. same goes s... New since 2014 my garage for $ 300, how can big names with. Owners plan on opening the plant for maintenance next week and will begin production on March 1st BETZ news! Roundhill Sports Betting and the model 700 rifle bought Remington Arms in the vault forgot. That big emphasis on hunting pistols, the firearms manufacturing roundhill group llc stock,,. Which has worked perfectly so far how can big names compete with that own are all new since 2014 rich... Develop countries on 321 in Lenoir City I own roundhill group llc stock all new 2014. S business model is alleged to be adding to the know with the latest news from Hill... Browser for the hunters, good job whiner talent and innovative ideas the owners... Owners plan on opening the plant that makes the wood products, new York, where the to... Good things to happen, for instance, under Rugers stewardship of Marlin or Sierras with... An R51, one of the last ones made and sold at a price... Money in an over super/saturated market alike strategic investment products for their portfolios from thematics to ETFs. Investment firm have to say lets make Remington great again.. Ill still here! Acquisition, they have an excellent opportunity to rebuild an icon brand when I couldnt seem get! The latest research, trends, and news its a bitch to,! In foreign securities involves social and sustainable Value to both our partners and our affiliated businesses know.

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