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Sunday, May 19, 2024

remington arms sale done

Credit: WKTV
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remington arms sale done
remington arms sale done
remington arms sale done

For remington arms workers, and all the other area businesses that depend on that workforce to support their own.

With final approval on the sale of remington's assets complete....herkimer county is ready to make things easy for the ilion plant's new owners to keep making guns.

Newschannel 2's joleen ferris reports, from ilion.

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None 14:37 "remington arms' ilion plant will soon have a new owner and county leaders and economic development officials out here are ready to do whatever they can to make sure they stay here and keep making guns" everyone is waiting to hear something official 11:27 "my phone calls are going to round hill right now.

11:45 "you haven't heard back from them, right?

I have not heard back" the round hill group, which bought the ilion plant.

It was said, during a five-hour bankruptcy sale hearing on tuesday, that round hill plans to employ people in ilion and make investments in the facility.

And herkimer county can't wait to help them do that :42 "everything from mortgate recording tax, to help them with their property taxes, help them with upgrades, maybe work with them for other federal loans that are out there, too, for employment" john piseck, head of the herkimer county industrial development agency, thinks it might be a good thing that another gun maker didn't buy the ilion plant 1:46 "if it was another gun maker, i think they might move it away.

Being here, this is age equipment's in place, they get low cost energy, they already have the trained employees" the federal bankruptcy judge, in alabama, just entered his orders, approving the auction bids for remington outdoor'sassn herkimer county hope to work with the arms' soon to be owner, right away.

3:45 "i'm betting because they're a smart property development firm, they're gonna look for what resources are available straight away, right away, and i feel as ough they'll reh outo economic devopment ofherkie to helthem" we've rched out to remington outdoor's attorney regarding a time from for closing on the sale.

We're waiting to hear back.

Jf, nc2.

> time for a first look at the forecast.

Here's chief meteologist bill kardas in the

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