Roundhill, which bought the Ilion plant out of bankruptcy, had plans to bring back around 400 employees after it acquired a Federal Firearms License, which is required for them to make guns. Remington terminated 585 employees at the plant in Ilion in October 2020 and refused to pay severance and accrued vacation benefits, which the United Mine Workers of America union said it was obligated to pay under a collective bargaining agreement. October 2020: Remington Arms fires 585 employees In September 2020, the Remington plant in Ilion was sold at a bankruptcy auction to Roundhill Group, LLC and the sale was approved in federal bankruptcy court. It also furloughed up to 300 of its workers in response to a shortage of materials due to the pandemic. Weighed down by lawsuits and retail sales restrictions following the Sandy Hook school massacre, Remington sought bankruptcy protection for the second time in July 2020.Įarlier in the year, the company had temporarily closed as part of the state’s effort to reduce the spread of the coronavirus. July 2020: Remington files for bankruptcy again The lawsuit added to the company's financial woes. marketed the military-style rifle used in the 2012 mass shooting "for use in assaults against human beings." Included with Rifle: 10 Round Magazine, Black Case.The decision allowed the lawsuit that was filed by victim's families to move forward at the state level, on the allegation that Remington Arms Co.
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