Roundhill Group LLC partner and spokesman, Jeff Edwards . Good job whiner. Funds investments may be non-diversified, meaning its assets may be concentrated in fewer individual holdings than a diversified fund and, therefore, more exposed to individual stock volatility than diversified funds. Remington, the country's oldest gun maker, began making flintlock rifles in 1816. Stocks of gun-makers are found primarily in small cap ETFs. People wondereddoes anyone at Roundhill know the first thing about firearms? 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. The Model 700 and Model 870 have claimed their rightful places among the best-selling firearms of all time. I took it too our local Certified Gunsmith of over 40 years. I wish these guys luck and hope they succeed. 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 . A web site wherein Mr. Edwards probably never touched a gun 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. A report in Sunday's Wall Street Journal puts the auction bid price at $13 million dollars. The Huntsville plant couldnt make it with Bushmaster, DPMS, AAC and (rimfire) Marlin working in it. Be sure to also check your spam, bulk, or junk mail folders when awaiting a response. Our Team All rights reserved. We have created an environment that empowers our people to build extraordinary careers every day. same goes for s&w. Atlanta. Dance like the leashed chimps you all are. Roundhill wants to act as a traditional board of directors, letting management do what they know how to do bestbuild quality firearms for Americas hunting and sport shooters. The firm's business model is alleged to be adding to . All of them bought maybe 30-40 years ago, and have never had a problem with any of them. Since then, BETZ shares have increased by 13.2% and is now trading at $16.20. Americas oldest gun maker. American Consumer News, LLC dba MarketBeat 2010-2023. 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. Past performance does not guarantee future results. If we are able to come to terms and we do build a new facility, we will consolidate everything in New York, which will bring the company back to 800 to 1,000 employees, eventually.. Did you forget your password? Number of employees. For all other registered brokerages, contact them directly to invest. Roundhill Group LLC bought everything firearms that is non-Marlin. S&P 500 3,978.28 (-0.10%) . 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. I started GI Sportz. All investing involves risk, including possible loss of principal. 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. New York, NY 10011. Date Recorded: Party: Role: Document Type: Document No. To ensure all our stakeholder interests are aligned, we don't take a one size fits all approach. They all have a strong affinity for hunting and have supported Remington for their entire lives. Who are Roundhill Sports Betting & iGaming ETF's major shareholders? Occasionaly seen in a 66 Bug Out Vehicle, always with a big smile. Stick to 700s and 870s. 1100s and 870s are my favorite repeating shotguns. Yikes! Anyone know anything about the Roundhill Group, the company that bought Remington? 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. Well, considering the depths to which Remington has plunged, a good sales guy might be one of the people they need to MRGA. Lets give them a chance. SOME companieslike Remimgton? Well, 30 rounders for the P89, but now Im up to 110 rounders for the 10/22. 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. 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. A wage is an hourly rate and a salary is a fixed regular payment. In short, Edwards and Roundhill want to make Remington great again (our words, not his). Why? Our History Who We Are https://www.thefirearmblog.com/blog/2020/10/01/roundhill-group-purchases-remington/. What you smoking? Editor In Chief- TFB For more information, please see our 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. And we expect to round that number off to over 200 before the end of the month.. ..and still workingwe have got a lot done.but its going to be a while.till we really.get back.to normal..its so cool.that.we finally got someone that really has in his heart. Well, the gun would not eject the first shell and caused a jam after numerous trys! Please be assured your feedback will be addressed as quickly as possible. If you guys at Remington need a toolmaker let me know. Edwards says Roundhill is well fixed for capital with no bank debt. China is aggressively locking up mines and production. Roundhill purchased the . Carefully consider the investment objectives, risks, charges and expenses of Roundhill ETFs before investing. Market performance is determined using the Primary Exchange official closing price. Would be a shame to see it finally go under now that it is free of the financial wizards evil deeds. NERD, BETZ, METV, BYTE, MEME and WEED are distributed by Foreside Fund Services, LLC. To see all exchange delays and terms of use please see Barchart's disclaimer. And a 541. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. I rasped it down, floated and bedded it. DEEP is distributed by Quasar Distributors, LLC. In our article published a few days ago about the Remington assets being dividedRoundhill Group, LLC was mentioned as one of the successful bidders. The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Learn more . 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. Please read the prospectus carefully before investing as it explains the risks associated with investing in the ETFs. Ive a 1903 Springfield made by Remington in 1938, sporterized likely in the 1950s. 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. They are all life-long hunting advocates and staunch Remington brand loyalists. They are all life-long hunting advocates and staunch Remington brand loyalists. I can piece together one in my garage for $300, how can big names compete with that? There are several companies that use the name Roundhill, none of them are in the gun making business. See what's happening in the market right now with MarketBeat's real-time news feed. Both comments and pings are currently closed. 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. Cam you please help! Mossberg got the nod on my recent shotgunm purchase, and Savage got top spot for the rifle. In-depth profiles and analysis for 20,000 public companies. 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 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. 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. Sturm Ruger & Co are one of the other top bidders on Remington Outdoor's gun making business. Roundhill Group, LLC Overview. Uh JMB has been dead for nearly 100 years. 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. Not just Remington, I have a Ruger Model 77RLS in .270. Roundhill Acquirers Deep Value ETF's stock was trading at $30.1858 at the start of the year. Could you please have someone contact me please. Privacy Furthermore, we are proud to still be evolving. Especially since I qualified expert with a 308 at 500 yds. We have been told that we will probably never get the part! I cant wait for the day when it has the loyalty, prestige and following it once had. Cerberus Capital Management. Sign in to your free account to enjoy all that MarketBeat has to offer. Papa David, Finally, Edwards also said Americas oldest gun maker will be good corporate citizens again and strong supporters of the Second Amendment. A bankruptcy court split up the company. Sierra Bullets LLC bought Barnes ammunitions. 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. An Overview of Blue Chips. 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. Unfortunately gun people remember everything and forgive nothing. that would bring back.some moral. Sure they make ARs, but who buys em? 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. International UMWA President Cecil Roberts was in Ilion for a rally in November to assure members of the unions support. 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. Lenoir City? Roundhill Sports Betting & iGaming ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "BETZ.". Is Stellantis Stock a Value Investors Dream? After much rumor and innuendo, Roundhill Group, LLC. If it fails once more after this, Ill decommission it (make it unfireable) and repurpose it as a wall decoration in my man cave. 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). 1.) 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. The former Remington Arms plant in Ilion has reopened under its new ownership, and some former employees are getting back to work. The U.S. invoked the Defense Production Act to jumpstart domestic mining and production of critical minerals such as cobalt, lithium, and rare earths, which the U.S. desperately needs for its military and green tech. Ilions fix? This and other information about each fund is contained in the Prospectus. Website. Learn more . Rugers problems run a lot deeper than Bill Rugers grave and the 10 round magazine limit. Edwards, who no. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. DOW 32,713.05 (-0.54%) They are also discussing opening a new facility in the parking lot of the current building. Gheeess Ralph, kinda a Buzz Kill there, This and other information about each fund is contained in the Prospectus. The company also said it would not pay severance and accrued vacation benefits, as called for under its collective bargaining agreement with the UMWA. 326 E 8th St #105, Sioux Falls, SD 57103 I order a forarm for my 1187 shotgun Aug 20 2020 and paid for it to. Lancaster, PA Roundhill Group, LLC, an investment company with headquarters in Pennsylvania and Florida announced that it is purchasing Remington Firearms. Roundhill Group LLC acquires Remington. We offer opportunities to excel within a diverse team rich in talent and innovative ideas. Go fuck yourself 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. (844) 978-6257. Notify me of follow-up comments by email. 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. Sorry, not sorry Ruger, Bill stabbed gun owners in the back while testifying before Congress, and some WILL NOT FORGET! wants to get the Ilion workforce back from furlough and turning out firearms again Theyve been at it for over two centuries. . Posts: 3,619. *** JJE Capital Holdings, LLC owns Palmetto State Armory. I dont need nor want yet-another-AR15 manufacturer among the myriad of them (but if they want to try they are welcome to), but I wouldnt mind seeing some other modern rifle or shotgun designs. 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. Ten stocks in the Roundhill Meme ETF . 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 you just go RIGHT on correcting comments online you total moron. Round Hill provides services throughout the Europe. Do everything possible to help employees relocate. Trump/Pence 2020. Hope they bring back the R51, and an R53 in .45ACP as well. 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/. What other stocks do shareholders of Roundhill Sports Betting & iGaming ETF own? 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. 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. I heard. Email her at donna@timestelegram.com. Social Media Disclaimer Dave, I agree. What Remington is all about.i just want to say lets make Remington great again..Ill still be here to help. What is Roundhill Sports Betting & iGaming ETF's stock symbol? I work at First Stop Gun in Rapid City, SD and I think we have some Dakota 7mm brass. There are are other companies too. Model 700 PCR Roundhill Group LLC Purchases Remington Firearms, Model 870 Express Trap Roundhill Group LLC Purchases Remington Firearms. They have only a handful of design engineers left, and about 10x the square footage they need now. Roundhill Group, LLC filed as a Domestic Limited-Liability Company in the State of Nevada and is no longer active. Round Hill Capital LLC operates as a real estate private equity firm. 2023 www.timestelegram.com. Please read the prospectus carefully before investing as it explains the risks associated with investing in the ETFs. Ill stick with my trusty Winchesters and Brownings, thankyouverymuch. If there is something good about Ruger then it has enabled some people to enjoy the shooting sports. Spot on. Edwards told us that Roundhill is a well-funded group of gun of shooters and outdoor enthusiasts who want to see the iconic Remington name restored to one of trust again. With this acquisition have come many industry . 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. It was sold shortly after purchase. Lets give them a chance. You have entered an incorrect email address! The historic purchase officially concludes an era kicked off by Cerberus, ending in two bankruptcy filings and a mass sale of all brands. (I should add I find conflicting info about when my 1903 was made. I see no issue with that. Easton and Hoyt are primarily archery companies. If you are interested call 605-341-5211 and ask for Mike Blote. I will not buy another. (Podcast). Have not heard anything one way or the other about treatment of employees. Replaced it with an Italian built Beretta 92. The plant in Ilion couldnt turn a profit even with (the profitable) Marlin breathing inside its walls. RELATED STORY Recover it here. Seems that while many other companies have bought out their subsidiaries, Roundhill is the one buying Remington Firearms itself. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. There's at least half a dozen companies making quality triggers that would be a better choice . Learn more, Do Not Sell or Share My Personal Information. Sign In. Remington made the best pump shotgun of all time, remington model 31. As long as they vote pro-2A and dont make backroom deals with antis like SOME companies. Provider of investment advisory services intended to offer investors targeted, pure-play exposure to the investment themes of tomorrow. Since then, DEEP shares have increased by 10.7% and is now trading at $33.43. His said everything looked great and said he would order that and the other parts around it just to make sure our young man had no troubles going forward. 56.4K subscribers In this special episode of Firearms Industry News, we go into detail on who the mysterious purchaser of Remington's assets is: a company called Roundhill Group, run by Scott. For standardized returns, click the respective ticker above. Information on this company is scant. 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. Our intent with this acquisition is to return the company to its traditional place as an iconic American hunting brand. 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. Jun 30, 2021, 09:00 ET. Finally, I looked closely at the scope base. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Thank you so much! Remington . For the most recent month-end performance, please call (855) 561-5728. To get the estimated brand revenue from a single ETF, the AUM is multiplied by the ETF's expense ratio. Long live Remington, Cautiously optimistic but also watching carefully with that big emphasis on hunting. Being from NY, I do hope they dont turn Ilion into just another upstate industrial ghost town. This was Remington, after all. In 1888, the first of many acquisitions of the company took place and the company was renamed Remington Arms, Co. That changed again in 1918 to Remington UMC (Union Metallic Cartridge). Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. Enjoy that TDS. His folks said he would be so excited even they couldnt wait. . Gunbroker? Roundhill ETFs trade on primary U.S. exchanges, offering intraday liquidity to investors. For all other registered brokerages, contact them directly to invest. Get The Latest DEEP Stock Forecast, Price Target, Dividend Info, and Headlines at MarketBeat. https://www.blackwaterworldwide.com/products-1/sentry-12-tactical-shotgun lets try a little here is a blackwater shotgun they released this week amongst a list of others they have been selling for quite some time lets at least try a little shall we? 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.
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