For more than 200 years, Remington firearms have been forged from the untamed spirit that will always define the American spirit — Revolutionizing an industry. Building a nation. This is Remington Country." ~ Remington homepage
This is how Remington Arms Company describes themselves, but for how much longer? Late Sunday, the United States' oldest gun manufacturer filed for Chapter 11 bankruptcy protection in Delaware.
Sales slumped for the company, founded in 1816 by Eliphalet Remington in Ilion, New York. Now based in North Carolina, Cerberus Capital Management, a private-equity group, now owns majority interest in Remington. They plan to sell off Remington's assets after completing the bankruptcy process.
Isis Fighter Just Released a Video Calling for Attacks on U.S. Soil and His Advice for American Militants Is Chilling
ISIS Militant Abu-Salih a-Amriki appeared in a new propaganda video on Wednesday, sponsored by the Islamic State militant group (ISIS), telling Jihadis living in the United States to use the country's lenient gun laws to carry out mass shootings on American soil.