ILION, NY (WUTR) – The Remington Arms manufacturing plant in Ilion, New York has been officially sold to Roundhill Group LLC, a real estate investment firm from Virginia. They bought a share of the firearms company that included this plant for $13 million.
The popular Marlin line, which was one of the products made in the Ilion factory, was purchased by Ruger in the Alabama bankruptcy auction last week. That product will no longer be made at Remington, but Roundhill has expressed to the United Mine Workers of America that they intend to keep workers employed at the factory.
Last week, nearly all of the 600-plus employees at the plant went on a furlough that took effect Wednesday. Only a few stayed behind to maintain the plant while the case was being reviewed in Alabama.
Brian Lamica, the mayor of Ilion, said that while he hasn’t had a chance to speak with Roundhill yet, he’s optimistic that mostly everyone will be able to return to work manufacturing Remington weapons. He said that he believes that while the jobs working on the Marlin line will be eliminated, Roundhill is giving no indication that they’re getting rid of any workers in one of the largest employers in the Mohawk Valley.
As of now, those workers are still furloughed and eligible for unemployment until Roundhill potentially brings them back to work.