There have been waves in the world of gun industry recently as politicians pass stricter gun control laws. Just recently, Beretta announced that they would move out of Maryland following new gun control legislation. Similarly, rumors abound that HiViz and Magpul will leave Colorado in favor of more gun friendly states.
New York certainly doesn’t top the list for pro-gun states, so there was uncertainty surrounding the fate of Remington Arms. Based in Herkimer County, Remington potentially faced legal complications after Legislature passed a law banning the sale of military-style rifles.
Remington CEOs have decided to stay in New York, however, following a meeting with Sens. James Seward, Hugh Farley and Joseph Griffo, as well as Assemblymen Marc Butler, Claudia Tenney, and Anthony Brindisi. Shortly after the meeting, Congressman Richard Hanna announced that the Pentagon would award Remington an $80 million contract to make 5,000 sniper rifles over the next decade for the US Special Operations Command.
According to reports, Remington announced plans to invest $20 million into their plant, which currently employs 1,200 people.MORE