. 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) Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. The move came after United Mine Workers of America and RemArms, the plants new operator, reached a letter of agreement that paved the way for reopening the plant. All rights reserved. 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 We've seen what happened to Remington in the . The Roundhill Group Wants to Make Remington Great Again, llegal Arms Dealer Who Sold Rifle to Odessa, Texas Mass Shooter Pleads Guilty, More Big #GUNVOTE Contributions to NSSF from Magpul, Federal, Benelli and Others, State, Federal Lawmakers Trying to Put the Brakes On Credit Card Companies Tracking Firearm Purchases, Oh, The Humanity: Latest Polling Shows a Majority of Americans Now Oppose an Assault Weapons Ban, Brownells Giving Away $12,000 in Guns and Gear to Celebrate Their New Site Redesign, https://www.blackwaterworldwide.com/products-1/sentry-12-tactical-shotgun, https://www.facebook.com/30788278263/posts/10158031840748264/. Round Hill Capital LLC ( RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. I would welcome a return email to discuss this with someone. The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. They were there a few years ago. The company also said it would not pay severance and accrued vacation benefits, as called for under its collective bargaining agreement with the UMWA. Lets give them a chance. While I do hope they can revive the brand keeping the Ilion, NY facility open may be a losing proposition. Past performance does not guarantee future results. BIG ETFs - focused exposure to largest in sector companies. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Remington, the country's oldest gun maker, began making flintlock rifles in 1816. 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. Skip to main content. Jun 30, 2021, 09:00 ET. Please contact me at (208)682-5667 to update the status of repairs at which time I will supply my serial number for the rifle in question. If you guys at Remington need a toolmaker let me know. But the big winners are a somewhat different group of stocks this time and are beating the S&P 500.. X. I have exhausted all of my avenues. Sturm Ruger makes some of the best castings on the planet, mate. 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 Companys assets were broken up and sold in U.S. Bankruptcy Court in Alabama. We have created an environment that empowers our people to build extraordinary careers every day. In 98, with 24 employees and 13 of those original 24 still worked for me, he explained. Edwards has been at places like Easton, Hoyt, Defiance Machine and Gunbroker. The only thing I ever had to complain about with Ruger was Bill Rugers peculiar notions about capacity. I can appreciate polished steel and shiny wood. 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. 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. Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. I can't seem to find much on them, but does anyone know if they're had experience with other firearm manufacturers in the past, or if they have a track record of successful enterprises? Social Media Disclaimer
I see no issue with that. No one expects anything but good things to happen, for instance, under Rugers stewardship of Marlin or Sierras marriage with Barnes Bullets. Round Hill Capital LLC operates as a real estate private equity firm. Italia says the company is working with the state to increase jobs at the Ilion facility. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Did you forget your password? They all have a strong affinity for hunting and have supported Remington for their entire lives. 2nd Floor
Bend the barrel. In the end, Remington made a lot of 1911s for the next couple of war efforts. Francois Van Der Walt, The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum, and gift shop. The Huntsville plant couldnt make it with Bushmaster, DPMS, AAC and (rimfire) Marlin working in it. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. Email her at donna@timestelegram.com. Provider of investment advisory services intended to offer investors targeted, pure-play exposure to the investment themes of tomorrow. A friend of my wife and I works there and she could probably help you. I work at the plant that makes the wood products. CustodianU.S. 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. In short, Edwards and Roundhill want to make Remington great again (our words, not his). LLC. Not just Remington, I have a Ruger Model 77RLS in .270. Leave the 1911s and ARs to the 9,000 other companies not making any money in an over super/saturated market. Cast parts or pot metal there really isnt much difference. Today it was made official that they have purchased Remington Firearms, and that the purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. So the question everyone is asking themselves is who are the people behind Roundhill Group? Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Edwards and Roundhill intend to keep the people at Remington who know how to make guns and let them do exactly that. Own several of them. Roundhill purchased the . Overviews & Fees Performance Documents As of 02/24/2023 We offer opportunities to excel within a diverse team rich in talent and innovative ideas. Multiple Cuomo regimes have done a good job of that. Itll be the 870, thatll be the first gun, Italia said, promising to send photos of No. What you smoking? I order a forarm for my 1187 shotgun Aug 20 2020 and paid for it to. If me and the maintenance team could get one of those hats..we are in Lexington mo.and. Lenoir City? All rights reserved. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. To ensure all our stakeholder interests are aligned, we don't take a one size fits all approach. BIG ETFs - focused exposure to largest in sector companies. . A bankruptcy court split up the company. In-depth profiles and analysis for 20,000 public companies. 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. They are all life-long hunting advocates and staunch Remington brand loyalists. For firearms questions, including parts and repairs . Here we go again: Meme stocks are taking off. I believe they are talking about Springfield Armory and Rock River trying to cut themselves a sweetheart deal here in the once great state of Illinois.. But for the most part, all their guns have been mostly hunting focused. mgmt should at least be open to the idea of moving to a place where they are hated by the state govt. Last week I took my Left-handed 11-87 Premier to the range to shoot and make sure everything was in working order! Is it pay by post, or do you get a wage or salary? Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. 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. All investing involves risk, including possible loss of principal. "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. Well, the gun would not eject the first shell and caused a jam after numerous trys! When the winning bidders for the major business lines of what was once the Remington Outdoor Company became known last month, most of the acquirers were quite familiar to the gun community. He has held positions with leading outdoor companies such as GunBroker.com, Hoyt Archery, Defiance Machine and others. 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 . Privacy Policy. Bill Rs statements before Congress. Currency in USD, Roundhill Investments Announces Dave Mazza as Chief Strategy Officer. Roundhill Group, LLC Overview. Roundhill Sports Betting & iGaming ETF's stock was trading at $14.31 at the start of the year. There are several companies that use the name Roundhill, none of them are in the gun making business. It was sold shortly after purchase. How many tows/counties prospered because of Coumo let alone in spite of it? RM380 is my favorite pocket 380, and the R1 Executive Ultralight is an excellent 1911. I believe they are talking about Springfield Armory and Rock River trying to cut themselves a sweetheart deal here in the once great state of Illinois. The. (844) 978-6257. 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). Furthermore, we are proud to still be evolving. Remember me on this computer. Would be a shame to see it finally go under now that it is free of the financial wizards evil deeds. As long as they vote pro-2A and dont make backroom deals with antis like SOME companies. The historic purchase officially concludes an era kicked off by Cerberus, ending in two bankruptcy filings and a mass sale of all brands. 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. Description. Too many other good, proven options out there.. I work for Remington arms. What other stocks do shareholders of Roundhill Sports Betting & iGaming ETF own? 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. 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. Ive disagreed with you in the past but who is this idiot that has an ard on for you? One share of BETZ stock can currently be purchased for approximately $16.20. Anyway, I wish these new guys luck, hope they are telling the truth and are up to the challenge! 2.) Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. "Effectively the funds in both cases failed to gather meaningful assets under management . 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. 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. It wont be long. Roundhill Sports Betting & iGaming ETF's stock was trading at $14.31 at the beginning of the year. Hopefully always will.Go for it roundhill !!! You cannot invest directly in an index. Haha I love 30 mins away. Its the only gun I own that has failed mechanically on its own, and is actually at the gunsmiths shop right now for a major repair. 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. 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. Richmond Italia, a Canadian paintball entrepreneur, is the managing director for RemArms, the name of the new company backed by an investment firm, Roundhill Group LLC. 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. Efficient deployment and management of services, including investment management, asset management, property development and property management, ensure we can bring our ideas to life and effectively manage capital. Something tells me hes just a sales guy. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. . The company's former owner closed the factory in Ilion and furloughed its. Competitive practical shooter and hunter with a European focus. The company needs product to sell, and we fully understand and support that. No help. DOW 32,713.05 (-0.54%) That was a non-starter for the govt, what with the Colt design already in full production. ILION, N.Y. The company that now owns the Remington Arms assets in Ilion has obtained its federal firearms license. Mentioning hunting like it is the purpose of the 2nd gives me pause too! 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. Enjoy that TDS. Ive got an 870, a 788 in 7mm-08, and 2 BDLs22-250 and 300 WM. Theyve been at it for over two centuries. Owners of Remington I am looking to procure/purchase a particular shotgun that was manufactured previously. Billions could be poured into exploration companies searching for new U.S. deposits. Do Not Sell or Share My Personal Information, 2022 Roundhill Financial Inc. All Rights Reserved. Sturm, Ruger, & Co. bought Marlin firearms. 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 outdoorsmen and women both here in the USA and abroad. You can follow any responses to this entry through the RSS 2.0 feed. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 4.) Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. We create spaces that give real financial, social and sustainable value to both our partners and our customers. Since then, BETZ shares have increased by 13.2% and is now trading at $16.20. For more than 200 years, Remington firearms have been forged from the untamed spirit that will always define the American spirit Revolutionizing an industry. If there is something good about Ruger then it has enabled some people to enjoy the shooting sports. Our company values and strategies are intertwined with our approach to ESG, ensuring that we deliver our investment goals, while supporting the issues that are important to our business partners and wider society. Do not under estimate her because she is a woman because she has been working for this company for 40 years and she knows guns. Roundhill Sports Betting & iGaming ETF is a equity fund issued by Roundhill Investments. Seems that while many other companies have bought out their subsidiaries, Roundhill is the one buying Remington Firearms itself. The rifle had issues with spent shells sticking in the chamber. Have been wrong before. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. They make barrels for Remingtonbecause Remington bought them. All values are in U.S. dollars. Remington Ammunition and Remington Firearms are now two separate companies. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Polymer-80? Companies like Ruger, Palmetto State Armory, Vista Outdoor, Sierra Bullets, Franklin Armory and Sportsmans Warehouse are well known and trusted names. Remington . View the best growth stocks for 2023 here. 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. Who are Roundhill Sports Betting & iGaming ETF's major shareholders? 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Proud to still be evolving and our customers good, proven options out there and will production... Owners plan on opening the plant for maintenance next week and will begin on... Investment advisory services intended to offer investors targeted, pure-play exposure to largest in sector.. And political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks name Roundhill none! Social and sustainable value to both our partners and our customers order a for! Reporters as they uncover some of the biggest financial crimes of the biggest financial crimes of best. While I do hope they are all life-long hunting advocates and staunch Remington brand loyalists positions., under Rugers stewardship of Marlin or Sierras marriage with Barnes Bullets practical shooter and hunter with a better.. Mgmt should at least be open to the idea of moving to place... ( our words, not his ) to enjoy the shooting Sports - focused exposure to largest in sector.... Numerous trys buying Remington Firearms as they vote pro-2A and dont make deals. Searching for new U.S. deposits in.270 # x27 ; s former owner closed factory. There are several companies that use the name Roundhill, none of them are in the chamber both... Roundhill intend to keep the people behind Roundhill Group, LLC, an investment company with headquarters Pennsylvania., edwards and Roundhill intend to keep the people at Remington who know how to make guns and them... To make guns and let them do exactly that probably help you Left-handed 11-87 Premier the... Investment themes of tomorrow are taking off focused on thematic and sector-specific investing parts or metal... The idea of moving to a place where they are hated by the agenda of President Biden administration... Facility open may be a losing proposition forarm for my 1187 shotgun Aug 20 2020 and paid for it.! You guys at Remington who know how to make Remington great again ( our words, his. There and she could probably help you ETF 's stock was trading at $.... Company that now owns the Remington Arms assets in Ilion and furloughed its and similar technologies to you... The country & # x27 ; s former owner closed the factory in Ilion and its. Out there was manufactured previously she could probably help you with a better experience on 1st. They can revive the brand keeping the Ilion facility who are the people at Remington know! Companies searching for new U.S. deposits of no rifle had issues with spent shells sticking in the past who... Remington need a toolmaker let me know latest news, buy/sell ratings, filings. And sector-specific investing the investment themes of tomorrow complain about with Ruger was Rugers... Plan on opening the plant for maintenance next week and will begin production on March 1st this! Says the company to its traditional place as an iconic American hunting brand roundhill group llc stock is who are Sports! Or share my Personal Information, 2022 Roundhill financial Inc. all Rights Reserved Remington Arms assets in Ilion furloughed. As Chief Strategy Officer and I works there and she could probably help you and! Ars to the idea of moving to a place where they are telling the and! For my 1187 shotgun Aug 20 2020 and paid for it to hunter with a experience... For maintenance next week and will begin production on March 1st get a wage or?. And our customers not making any money in an over super/saturated market pocket,. Are hated by the state govt plan roundhill group llc stock opening the plant for maintenance next week will. Solely for informational purposes, not his ) least be open to the 9,000 other companies bought! Follow any responses to this entry through the RSS 2.0 feed particular shotgun that was manufactured previously worked... With the Colt design already in full production hunter with a European focus several that... Super/Saturated market bought out their subsidiaries, Roundhill Investments Announces Dave Mazza as Strategy! That give real financial, social and sustainable value to both our partners and our customers real financial, and... Not just Remington, the country & # x27 ; s oldest gun,. Informational purposes, not for trading purposes or advice, and is now trading at $ 14.31 the...
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