(RepublicanInformer.com)- Remington announced on Monday that it will be moving its global headquarters from Ilion, New York State to LaGrange, Georgia.
In addition to moving its headquarters, the nation’s oldest firearms manufacturer also plans to open a manufacturing plant and a research center to design and produce its firearms.
According to Georgia Governor Brian Kemp, Remington will be bringing about 850 jobs to Troup County over the next five years and plans to make a $100 million investment in the area.
Remington, whose headquarters are currently located in Ilion, New York, announced that several “strategic products” will be manufactured in Georgia. However, the move will not impact production at its Ilion plant.
According to Ken D’Arcy, RemArms CEO, while they are hoping to increase production and hiring in Ilion, they chose to move their headquarters out of New York to Georgia for two simple reasons – Georgia is a business-friendly state, and “it’s a firearms friendly state.”
Two things New York State is not.
James Wallace, the County Administrator for Herkimer County, New York, said while it appears that the R&D and corporate headquarters will be consolidated in Georgia, Remington’s manufacturing operations in Ilion are remaining in place.
Nonetheless, Herkimer County is disappointed in Remington’s decision.
Herkimer County Industrial Development Agency executive director John Piseck conceded that regulations in New York State played a role in Remington’s decision to move its headquarters to Georgia.
Remington began making flintlock rifles in 1816. After the Sandy Hook shooting in 2012, faced with slumping sales and mounting legal pressures, Remington was forced to shut down manufacturing and file for bankruptcy in September 2020. The company was then purchased by the Roundhill Group for $13 million in October 2020.
In the spring of 2021 manufacturing restarted under its new ownership.
Scott Malone, the director of economic development for LaGrange, Georgia, said Remington has already secured at least one building and will operate from a combination of new and renovated facilities in the city. He added that local governments would offer Remington property tax abatements as well as utility and infrastructure improvements.