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Remington Arms
Remington Arms Company, LLC, was an American firearms manufacturer, manufacturer of firearms and ammunition. It was formerly owned by the Remington Outdoor Company, which went bankrupt in 2020 with its lines of business sold to several purchasers. Two resulting companies each bear the ''Remington'' name—the firearms manufacturer is Remington Firearms owned by RemArms, RemArms, LLC., and the ammunition business is Remington Ammunition owned by The Kinetic Group (Czechoslovak Group#The Kinetic Group, Czechoslovak Group). Founded in 1816 by Eliphalet Remington as E. Remington and Sons in Ilion, New York, it was one of the oldest gun makers in the United States and claimed to be the oldest factory in the country that still made its original product. The company was the largest rifle manufacturer in North America according to 2015 Bureau of Alcohol, Tobacco, Firearms and Explosives, ATF statistics. The company developed or adopted more cartridges than any other gun maker or ammunit ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Remington New Model Army Revolver
The Remington-Beals Model Revolvers along with subsequent models and variations were percussion revolvers manufactured by Eliphalet Remington & Sons in .31 (Pocket) .36 (Navy) or .44 (Army) caliber, used during the American Civil War, and were the beginning of a successful line of medium and large frame pistols. They are commonly, though inaccurately, referred to as the Model 1858 due to the patent markings on its New Model barrels, "PATENTED SEPT. 14, 1858/E. REMINGTON & SONS, ILION, NEW YORK, U.S.A./NEW MODEL."; although wide scale production did not start until 1861. The Remington revolver was a secondary, supplemental issue firearm for the Union Army until the Colt factory fire of 1864. Due to the fire, the Colt 1860 Army was not available for some time. Subsequently, large numbers of the Remington revolver were ordered by the U.S. government. Samuel Remington traveled to Washington in the fall of 1861, offering to sell his revolvers to the government at a cost of $15 each� ...
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Remington Pederson 51
Remington may refer to: Businesses * Remington Arms, an American manufacturer of firearms, ammunition, and related products, 1816–2020 ** Remington Ammunition, an American brand operated by Vista Outdoor since 2021 ** Remington Firearms, an American brand operated by RemArms since 2021 ** Remington Outdoor Company, an American firearms manufacturer and holding company, 2007–2020 * E. Remington and Sons, an American manufacturer of firearms and typewriters, 1816–1896 * Remington (personal care brand), an American manufacturer of shavers and haircare products, founded 1937 * Remington College, an American chain of private schools * Remington Rand, an American computer manufacturer, originally a typewriter manufacturer, 1927–1955 * Remington & Co, a 19th century British book publisher Arts and entertainment * ''Remington'' (album), a 2016 album by Granger Smith * The Remingtons, an American country music group in the early 1990s * Remington Records, an American r ...
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New Haven, Connecticut
New Haven is a city of the U.S. state of Connecticut. It is located on New Haven Harbor on the northern shore of Long Island Sound. With a population of 135,081 as determined by the 2020 United States census, 2020 U.S. census, New Haven is List of municipalities in Connecticut, the third largest city in Connecticut after Bridgeport, Connecticut, Bridgeport and Stamford, Connecticut, Stamford, the largest city in the South Central Connecticut Planning Region, Connecticut, South Central Connecticut Planning Region, and the principal municipality of Greater New Haven metropolitan area, which had a total population of 864,835 in 2020. New Haven was one of the first Planned community, planned cities in the U.S. A year after its founding by English Puritans in 1638, eight streets were laid out in a four-by-four Grid plan, grid, creating the "Nine Square Plan". The central common block is New Haven Green, the New Haven Green, a square at the center of Downtown New Haven. The Green is n ...
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Winchester Repeating Arms
The Winchester Repeating Arms Company was a prominent American manufacturer of repeating firearms and ammunition. The firm was established in 1866 by Oliver Winchester and was located in New Haven, Connecticut. The firm went into receivership in 1931 and was bought by the Western Cartridge Company, a forerunner of the Olin Corporation. The Winchester brand name is still owned by the Olin Corporation, which makes ammunition under that name. The Winchester name is also used under license for firearms produced by two subsidiaries of the Herstal Group – FN Herstal of Belgium and the Browning Arms Company of Ogden, Utah. History Early history Predecessors The ancestor of the Winchester Repeating Arms Company was the Horace Smith and Daniel Wesson partnership of Norwich, Connecticut (not to be confused with the famous Smith & Wesson Revolver Company founded later by the same men). Smith and Wesson acquired Lewis Jennings' improved version of inventor Walter Hunt's 1848 " ...
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Bridgeport, Connecticut
Bridgeport is the List of municipalities in Connecticut, most populous city in the U.S. state of Connecticut and the List of cities in New England by population, fifth-most populous city in New England, with a population of 148,654 in 2020. Located in eastern Fairfield County, Connecticut, Fairfield County at the mouth of the Pequonnock River on Long Island Sound, it is a port city from Manhattan and from The Bronx. It borders the towns of Trumbull, Connecticut, Trumbull to the north, Fairfield, Connecticut, Fairfield to the west, and Stratford, Connecticut, Stratford to the east. Bridgeport and other towns in Fairfield County make up the Greater Bridgeport Planning Region, Connecticut, Greater Bridgeport Planning Region, as well as the Greater Bridgeport, Bridgeport–Stamford–Norwalk–Danbury metropolitan statistical area, the second largest Metropolitan statistical area, metropolitan area in Connecticut. The Bridgeport–Stamford–Norwalk–Danbury metropolis forms part ...
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Union Metallic Cartridge Company
The Union Metallic Cartridge Company (UMC) was an early manufacturer of cartridge ammunition for small arms. The company was founded in 1867 during the most rapid evolution of cartridge design to date. Following merger with Remington Arms in 1912, the company manufacturing complex in Bridgeport, Connecticut became a major arms supplier during World War I. The factory was Remington headquarters until 1984 and the source of sporting and police ammunition headstamped REM-UMC until 1970. Independent history The New York sporting goods firm of Schuyler, Hartley & Graham purchased two small New England cartridge manufacturers in 1866. Machinery from the Crittenden & Tibbals Manufacturing Company of South Coventry, Connecticut, and from C.D. Leet of Springfield, Massachusetts, was moved to Bridgeport where ammunition production began as the Union Metallic Cartridge & Cap Company until the operation was incorporated as Union Metallic Cartridge Company in September 1867. A powder ...
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New York, New York
New York, often called New York City (NYC), is the List of United States cities by population, most populous city in the United States, located at the southern tip of New York State on New York Harbor, one of the world's largest natural harbors. The city comprises boroughs of New York City, five boroughs, each coextensive with List of counties in New York, a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global city, global center of financial center, finance and Economy of New York City, commerce, Culture of New York City, culture, high technology, technology, The Entertainment Capital of the World, entertainment and Media in New York City, media, Academy, academics, and List of cities by scientific output, scientific output, the The arts, arts and fashion capital, fashion, and, as hom ...
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Marcellus Hartley
Marcellus Hartley (1827 – January 8, 1902) was an American arms dealer and merchant. He was appointed as an agent by the Union Army to purchase guns from Europe during the American Civil War. He later manufactured cartridges for breech-loading guns, owned the Remington Arms Company and diversified into other areas of commerce. Early life Hartley was the son of Catherine Munson and merchant, Robert Milham Hartley, who was active in public health reform and the New York temperance movement. Hartley was educated in New York and entered his father’s business at the age of seventeen as a clerk. After three years he moved to Francis Tomes & Sons, Maiden Lane, New York, and became involved with gun sales. In 1854, he started in business with partners Jacob Rutsen Schuyler and Malcolm Graham. They purchased goods in Europe and found a ready market in New York, with Hartley specializing in guns and ammunition. In 1857, a financial panic hit the country and many companies went und ...
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Remington Rand
Remington Rand, Inc. was an early American business machine manufacturer, originally a typewriter manufacturer and in a later incarnation the manufacturer of the UNIVAC line of mainframe computers. Formed in 1927 following a merger, Remington Rand was a diversified conglomerate making other office equipment, electric shavers, etc. The Remington Rand Building at 315 Park Avenue South in New York City is a 20-floor skyscraper completed in 1911. After 1955, Remington Rand had a long series of mergers and acquisitions that eventually resulted in the formation of Unisys. During World War II, Remington Rand produced M1911 pistols used by the United States Armed Forces. History Remington Rand was formed in 1927 by the merger of the Remington Typewriter Company and Rand Kardex Corporation. One of its earliest factories, the former Herschell–Spillman Motor Company Complex, was listed on the National Register of Historic Places in 2013. ''Note:'' This includes an''Accompanyi ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ...
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