Remington Outdoor Company

Defunct holding company

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February 15 2022 A $73 million settlement was reached between the Sandy Hook families and Remington, with the cost borne by insurers.
July 28 2020 Remington filed for Chapter 11 bankruptcy protection, leading to the division and sale of its assets to multiple buyers including Vista Outdoor, Roundhill Group, LLC, and Sturm, Ruger & Co.
March 14 2019 The Connecticut Supreme Court ruled that the Sandy Hook families' wrongful marketing lawsuit against Remington could proceed to trial.
March 2018 Remington filed for bankruptcy and exited bankruptcy on May 17, 2018, with a restructuring plan supported by 97% of its creditors.
August 2017 A CBS 60 Minutes exposé revealed X-Mark Pro trigger defects linked to several deaths, damaging Remington's reputation.
February 17 2014 Remington announced plans to build a new state-of-the-art plant in Huntsville, Alabama, moving production lines from Ilion, New York, due to the NY SAFE Act.
2013 For the first time since 1928, Remington began offering an air rifle called the 'Remington Express'.
2012 Remington won a US Army contract to manufacture 24,000 M4A1 carbines at $673 per unit, worth $16,163,252 total.
2010 Remington announced the Remington 1911 R1 handgun, returning to the handgun market after a 12-year absence.

This contents of the box above is based on material from the Wikipedia article Remington Arms, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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