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Part of the sale that has left some people scratching their heads is the sale of the "core" Remington firearms business to Roundhill Group, LLC. [emailprotected], BREAKING: Roundhill Group LLC Purchases Remington Firearms, A HOUSE DIVIDED: Remington Asset Bids Come to Light, Remington Files Chapter 11 for a Second Time Amid Record Firearms Sales Months, ROUNDHILL GROUP OBTAINS FEDERAL FIREARMS LICENSE. Gunbroker? mgmt should at least be open to the idea of moving to a place where they are hated by the state govt. 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. Date Recorded: Party: Role: Document Type: Document No. Thats been blown out of the water for years now. CustodianU.S. ** Roundhill Group, LLC specializes in real estate development. Screw Ruger. Please log in to your account or sign up in order to add this asset to your watchlist. Italia says the company is working with the state to increase jobs at the Ilion facility. Do Not Sell or Share My Personal Information, 2022 Roundhill Financial Inc. All Rights Reserved. Since 2002, we have built a global vertically integrated company that encompasses investment, asset, development and property management. Learn more, Do Not Sell or Share My Personal Information. BIG ETFs - focused exposure to largest in sector companies. Privacy Former Head Trader at Yorkville Capital Management, Former Fixed Income Trader at Wells Capital, Former Institutional Sales at Morgan Stanley, Vanderbilt University (BA 11, MSF 12), Former Head of ETF Investment Strategy at OppenheimerFunds, Former Head of ETF & Mutual Fund Research at State Street Global Advisors, Suffolk University (MBA 15), Boston College (BA 05), Former Director of Growth at FreshProjects, Former Co-Founder and Director of Strategy at BridgeCollective, University of Cape Town (BBusSc '00, Honors), Former Director of Research at Ball Metaverse Research Partners, Former Senior Analyst and Team Leader for Bloomberg Intelligence, University of Michigan Stephen M Ross School of Business (BBA '13), Former Head of Trading & Information Security at Lucerne Capital Management, Former University of Minnesota QB Manager, University of Minnesota (BS 17), University of Southern California (MSL 18), Roundhill Investments The Model 700 and Model 870 have claimed their rightful places among the best-selling firearms of all time. Not counting the Trap & Skeet I would shoot with the Remington & model 12 Winchester, Posts: 3,619. An investment company called The Roundhill Group LLC purchased the Remington firearms factories last fall for $13 million. Roundhill Sports Betting & iGaming ETF, Receive BETZ Stock News and Ratings via Email, February 19, 2023|americanbankingnews.com. I thought there were four of them, and Remington was one of the cabal masquerading as a pro-2A lobby group. As long as they vote pro-2A and dont make backroom deals with antis like SOME companies.. Remington has always been there for the hunters, Sure they make ARs, but who buys em? I will not buy another. Owners of Remington I am looking to procure/purchase a particular shotgun that was manufactured previously. What is Roundhill Sports Betting & iGaming ETF's stock price today? Round Hill Capital LLC ( RHC) is a fully integrated real estate investment and management company founded in Delaware, United States of America. I live in Rapid City, SD and we have a company called Jacks First Gun Parts that deals in all kinds of gun parts. The only thing I ever had to complain about with Ruger was Bill Rugers peculiar notions about capacity. Earlier this week, we talked with Jeff Edwards, one of the Roundhill partners and the groups public face who told us that the Roundhill guys have years of experience in product design and engineering in the firearms and outdoor space. Spot on. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. The historic purchase officially concludes an era kicked off by Cerberus, ending in two bankruptcy filings and a mass sale of all brands. Identify stocks that meet your criteria using seven unique stock screeners. 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. Our Team 326 E 8th St #105, Sioux Falls, SD 57103 Mentioning hunting like it is the purpose of the 2nd gives me pause too! Get The Latest DEEP Stock Forecast, Price Target, Dividend Info, and Headlines at MarketBeat. For unlimited access to her stories, please subscribe or activate your digital account today. Italia reported early in January that Roundhill Group LLC had received its federal firearms license and the company was planning at the time for a March 1 startup. Hope the effort to restore Remington succeeds. We love our job and Remington. 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. Would be a shame to see it finally go under now that it is free of the financial wizards evil deeds. That alone will be a big change for Big Green. . https://www.shootingillustrated.com/articles/2021/2/2/remarms-to-begin-production-march-1, Credit: Guy J. Sagi Shooting Illustrated. I started GI Sportz. Skip to main content. So no complaint. Stick to 700s and 870s. 7065(b); Memorandum of Points and Authorities and Declarations of Scott . I was shocked! Sign in to your free account to enjoy all that MarketBeat has to offer. Roundhill Acquirers Deep Value ETF's stock was trading at $30.1858 at the start of the year. 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. Also, they need to leave NY in the rearview once and for all. The name's Roundhill. For email inquiries, please complete the form below. ROUND HILL SERVICES CORPORATION is a Pennsylvania Domestic Non-Profit (Non Stock) filed on September 16, 2015. Remington, the country's oldest gun maker, began making flintlock rifles in 1816. And weve been opening new pathways to investors since 2018. I heard. 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 . For firearms questions, including parts and repairs . International UMWA President Cecil Roberts was in Ilion for a rally in November to assure members of the unions support. Americas oldest gun maker. If Roundhill can do that if they restore Big Green and their venerable products to the place of pride they once enjoyed that will be a big plus for Americas gun-buyers and for the industry as a whole. Thats the name behind some of the best-known and most-loved guns ever made like the 870 and 1100 shotguns and the Model 700 rifle. Stories from before WW1 claim it was a superior performer over the Colt 1911 in Army tests. Storm Lake barrels is on 321 in Lenoir City. Remember me on this computer. It is a handgun barrel factory in Lenoir City. Sorry, not sorry Ruger, Bill stabbed gun owners in the back while testifying before Congress, and some WILL NOT FORGET! Roundhill Group LLC bought everything firearms that is non-Marlin. I work at First Stop Gun in Rapid City, SD and I think we have some Dakota 7mm brass. NEW YORK, June 30, 2021 /PRNewswire/ -- Roundhill Investments ("Roundhill"), a registered investment advisor and ETF sponsor focused on developing . With this acquisition have come many industry . Bring Remington back from the Pit. There's at least half a dozen companies making quality triggers that would be a better choice . Finally, I looked closely at the scope base. IIRC Dan Quale is on the board of Cerabus Group. But one of the successful bidders the Roundhill Group, LLC was something of a mystery. Roundhill is due to close on the deal on Monday and Edwards told us he wants to get the Ilion workforce back from furlough and turning out firearms again just as fast at they can get all of the paperwork completed with the ATF. All rights reserved. If me and the maintenance team could get one of those hats..we are in Lexington mo.and. "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. Polymer-80? But for the most part, all their guns have been mostly hunting focused. NYSEArca - Nasdaq Real Time Price. Rugers problems run a lot deeper than Bill Rugers grave and the 10 round magazine limit. So true. I purchased a Remington 700 7mm mag in 2020. Roundhill and all other ETF brands are ranked based on their estimated revenue from their ETF business. Our vision is to create long-term financial and social value by building thriving communities around real estate. Be sure to also check your spam, bulk, or junk mail folders when awaiting a response. Unfortunately gun people remember everything and forgive nothing. Theres enough companies making ARs and Glock clones. The Roundhill Group is made up of a group of people with years of combined experience in marketing, production, and engineering, both inside and beyond the realm of weapons. Itll be the 870, thatll be the first gun, Italia said, promising to send photos of No. After much rumor and innuendo, Roundhill Group, LLC. For the most recent month-end performance, please call (855) 561-5728. I can talk shit and make up lies about people, and Id love to be able to stay home and mess around the computer all day. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Hopefully they have the knowledge and skills to take Remington into the future. Since then, DEEP shares have increased by 10.7% and is now trading at $33.43. Well, we have contacted nearly 100 dealers, friends and fellow gunsmiths to no avail! Stocks of gun-makers are found primarily in small cap ETFs. Lets give them a chance. Description. The purchase includes all long guns, shotguns, pistols, the firearms manufacturing facilities, museum and giftshop. 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. I hope Remington can be again what they once were. Im thinking if he studied under JMB or someone known, that would be in his pedigree. The Huntsville plant couldnt make it with Bushmaster, DPMS, AAC and (rimfire) Marlin working in it. How much money does Roundhill Sports Betting & iGaming ETF make? 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. Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.58%. They are also discussing opening a new facility in the parking lot of the current building. Sponsored. Bills dead, in case you hadnt heard. 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. Thank you, I have owned many Remington firearms in my life. Mossberg got the nod on my recent shotgunm purchase, and Savage got top spot for the rifle. No help. All rights reserved. While I do hope they can revive the brand keeping the Ilion, NY facility open may be a losing proposition. You can follow any responses to this entry through the RSS 2.0 feed. He tried to perform a temporary fix in time for Christmas. Anyone know anything about the Roundhill Group, the company that bought Remington? They are all life-long hunting advocates and staunch Remington brand loyalists. Which Dollar Store, If Any, is Worth Your Investment Dollars? Is Roundhill Sports Betting & iGaming ETF a good dividend stock? Seems that while many other companies have bought out their subsidiaries, Roundhill is the one buying Remington Firearms itself. Ive sold a total of ONE firearm in my life, a P89. What Remington is all about.i just want to say lets make Remington great again..Ill still be here to help. The company also said it would not pay severance and accrued vacation benefits, as called for under its collective bargaining agreement with the UMWA. We have created an environment that empowers our people to build extraordinary careers every day. 1.) 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. Learn more . A wage is an hourly rate and a salary is a fixed regular payment. Ive got an 870, a 788 in 7mm-08, and 2 BDLs22-250 and 300 WM. Sierra Bullets LLC bought Barnes ammunitions. New York, NY 10011. Roundhill Group LLC acquires Remington. 4.) I see no issue with that. 828-399-0976. Michael established Round Hill Capital in 2002 and has been responsible for the firm's investment activities, which have resulted in the acquisition and management of over $13 billion of real estate investments. The new owners plan on opening the plant for maintenance next week and will begin production on March 1st. Honestly, that's what they need. The winners are, pending final court approval but I would be shocked if there were any take-backs: Vista Outdoor Inc. bought the Lonoke based ammunitions business and other IP assets. All investing involves risk, including possible loss of principal. And we expect to round that number off to over 200 before the end of the month.. Round Hill Capital LLC operates as a real estate private equity firm. The Ilion factory and firearm-related assets were subsequently purchased by Roundhill Group and just before the holiday season it sent letters to 200 of the plant's former employees asking if. According to WKTV Channel 2 Utica (NY), maintenance will begin on the plant in mid-February in preparation for the March 1 restart. In 98, with 24 employees and 13 of those original 24 still worked for me, he explained. Atlanta. Get short term trading ideas from the MarketBeat Idea Engine. With this acquisition have come many industry questions and rumors. I dont hate fudds or their guns. If there is something good about Ruger then it has enabled some people to enjoy the shooting sports. Always ready to increase my collection of modern semi-automatics, optics, thermals and suppressors. Unfortunately, its worse, still, than that. How do I buy shares of Roundhill Sports Betting & iGaming ETF? Merry Christmas, Our History Who We Are Past performance does not guarantee future results. Wasnt Cuomo calling them non-essential and not allowing them to work, even when they volunteered to switch to making PPE? By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. Shut down in the aftermath of Remington Outdoors' federal bankruptcy filing and resulting auction last September, the New York factory along with a Tennessee-based pistol barrel plant was acquired. They are targeting March 1 for production to begin. Please see the prospectus for specific risks related to each fund. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. ILION, N.Y. The company that now owns the Remington Arms assets in Ilion has obtained its federal firearms license. They suffered many setbacks. Overviews & Fees Performance Documents As of 02/24/2023 They have only a handful of design engineers left, and about 10x the square footage they need now.

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