- Remington Arms Company, Inc. -
History
of the Firearms Business
1816-Present
Legend has it that in 1816 a young Eliphalet
Remington II believed he could build a better gun than he could buy,
and he set
out to craft such
a gun on his father's forge located at Ilion Gulch, New York. In the
autumn of 1816, Eliphalet entered a shooting match with his new flintlock
rifle, and while he only finished second, his handmade rifle was a
success. Orders for new Remington-made rifles and barrels began to
accumulate from the many other contestants, and before Eliphalet left
the shooting field, he was in the gun business.
1828 Remington moved its operations from Ilion Gulch
to a site close to the newly constructed Erie Canal. This site, in
Ilion, New York,
is
part of the property on which the Ilion firearms plant sits today.
1860 Marcellus Hartley founded the Schuyler, Hartley & Graham
Sporting Goods Company, which would later become one of the largest
sporting
goods companies in the world.
1865 The partnership of E. Remington & Sons was
incorporated as a stock company. Over the years, the partnership and
the succeeding
corporation
developed the first hammerless solid breech repeating shotgun, the
first hammerless autoloading shotgun, the first successful high-power
slide action repeating rifle, and the first lock breach autoloading
rifle. In 1865-66, Remington produced the state-of-the-art Rolling
Block Rifle.
1867 In an effort to diversify their holdings, Schuyler,
Hartley & Graham
purchased two small New England cartridge companies. These companies
were later closed, and the equipment moved to a new site in Bridgeport,
Connecticut. On August 9, 1867, the Union Metallic Cartridge Company
was incorporated. It was particularly noted for its development of
metallic cartridges. It and its successor company subsequently developed
the first paper shotshells successfully manufactured in the United
States, the first primer adapted to smokeless powder; the first battery
cup for best quality paper shotshells; the first cartridges for automatic
pistols; the first standard high-power smokeless cartridges for big
game autoloading rifles; the first .410 bore gauge shotshell in the
United States; the first nickeled primer; the first oil-proof automatic
pistol cartridges; and the first completely wetproof loaded shells,
including top wad, crimp and body.
1873 E. Remington & Sons embarked on a new venture,
and in September of 1873, the first Remington typewriters were produced.
1886 Remington sells the typewriter business. This
business would later become Remington Rand, then Sperry Rand.
1888 In March 1888, E. Remington & Sons was acquired by Marcellus
Hartley and partners. E. Remington & Sons was reorganized, and
the new company was named the Remington Arms Company. In later years,
in order
to better utilize the potential of the Remington Plant, the company
would produce sewing machines and cash registers.
1912 The Union Metallic Cartridge Company of Bridgeport
and Remington Arms Company were combined into one company and became
Remington U.M.C.
1915 Construction started on an expansion of the Ilion
facilities, and by the spring of 1916, the new Ilion plant was in full
operation.
The
Ilion plant constructed during this time is essentially the same plant
that exists today.
1920 Remington Arms Company was incorporated in Delaware.
In order to better utilize the excess manufacturing capacity created
during World War I, Remington began to branch into new fields, including
the cutlery business (pocket and hunting knives), household utensils,
and cash registers.
1926 Remington began distributing and selling decorative
patches bearing the Remington logo. This eventually led to Remington's
clothing and
accessory business.
1931 Remington sold the cash register business to
the National Cash Register Company.
1933 As a result of financial pressures brought on
by The Great Depression, Remington's management offered a controlling
interest in the company
to E.I. DuPont de Nemours & Co., Inc. (DuPont). On May 24, DuPont
purchased a 60% share of the company.
In August, Remington acquired the Chamberlain Trap & Target Company
which included a plant in Findlay, Ohio. Its 'Miracle Trap' became
a standard in the industry and was used exclusively at the 1934 Grand
American Handicap - the premier classic trapshooting event.
1934 On May 15, 1934 Remington purchased the Peters
Cartridge Company for $2.5 million. The Peters Cartridge Company operated
an ammunition
facility
located in Kings Mill, Ohio.
On June 1, 1934 the assets and business related to the sale and manufacture
of the Parker shotgun were purchased from the Charles Parker Company
for $100,000. The Parker Shotgun Company operated a facility in Meriden,
Connecticut. This operation was later closed and the Parker shotgun
production moved to the Ilion plant.
1936 Early in 1936 Remington and Imperial Chemical
Industries, Ltd. joined in the organization of Companhia Brasileira
de Cartuchos SA
for the
purpose of acquiring the assets and business of Fabrica Nacional de
Cartuchos e Municoes. The latter company had been manufacturing sporting
ammunition since 1927 in its plant located in Sao Paulo, Brazil. Remington
granted the new company the right to use its trademark and technical
information in Brazil. Remington maintained a 49.99% interest in Companhia
Brasileira.
1940 Several years before World War II, the government
asked Remington to collaborate on a plan for the expansion of ammunition
production.
The
plan called for a number of new plants to be constructed by the government
and to be contractor operated. The program was activated in the summer
of 1940 when Remington was asked to recommend plant sites. With the
aid of DuPont, a study was made covering 51 sites, and in September,
Remington was asked to undertake the establishment and operation of
the first plant, a second a few weeks later. These were the Lake City
and Denver ordnance plants. In the spring of 1941, a third plant in
Salt Lake City, Utah was assigned to Remington, and later a fourth,
Kings Mills, and in the spring of 1942, a fifth, Lowell.
These plants belonged to the government; however, they were operated
by Remington under fixed-fee contracts, whereby Remington was responsible
for assuring the adequacy of a capacity through construction advice
with respect to design engineering and construction, the procurement
of equipment, training of personnel, and operation of the plants.
1946 In November, 1946, Remington closed the Remington
Arms Union Metallic Cartridge Company, Ltd., a wholly-owned English
subsidiary. This subsidiary
operated a shotshell loading plant at Brimsdown, England. Operations
consisted of loading empty paper shotshells, imported from the parent
company, with powder and other components. This company also handled
importation of rimfire and centerfire ammunition and sporting firearms
from the U.S.
1950 Remington and Crucible Steel Company of America
form Rem-Cru Titanium, Inc., a joint venture. Rem-Cru operated a plant
in Midland, Pennsylvania
for the purpose of melting, alloying, fabricating, and selling titanium
and its alloys. Remington later transferred its 80% share of Rem-Cru
to Crucible Steel in exchange for 150,000 shares of Crucible common
stock.
In January, 1950 Remington announced its new Model 870 "Wingmaster" shotgun,
which has become the largest selling pump action shotgun in the world.
1956 To complement its own powder-activated tool business,
Remington acquired the Mall Tool Company for $9.8 million. This company
operated plants
in Chicago and Park Forest, Illinois and in Toronto, Ontario. Mall
products included complete lines of portable electric, gasoline, and
pneumatic-powered tools and flexible shaft equipment. Mall Tool Company
was dissolved in 1958, and its activities integrated with Remington,
which included the powder-activated tool business which had been previously
developed in Bridgeport. The Canadian subsidiary name was changed to
Remington Arms of Canada, Ltd. and its product line expanded to include
firearms and other Remington products.
Remington purchased the commercial farm and wildlife refuge of the
late Glenn L. Martin, consisting of 2,970 acres of property near Chestertown,
Maryland. The property was named Remington Farms. Remington Farms has
changed over the years through the addition of additional acreage and
the construction of guest accommodations. While Remington Farms is
utilized for hunting and conference activities, its primary mission
continues to be to demonstrate wildlife restoration and conservation
techniques.
1960 Remington introduces plastic body shotshells.
1961 A review of economic potential of foreign markets
for Remington products resulted in investment by Remington in two new
affiliates
during 1961,
one in Germany and the other in Mexico.
1962 The new Model 700 bolt-action rifle was announced
and soon became the most popular bolt-action rifle in the market.
1963 The Model 1100 autoloading shotgun was introduced.
This gun was the result of a three-year development program.
As part of a program aimed towards diversification outside of traditional
product lines, Remington acquired a 55% interest in Brewer Pharmical
Engineering Corp. located in Upper Darby, Pennsylvania. Remington's
investment in Brewer amounted to $1.4 million. Brewer manufactures
and distributes an electro-mechanical system for physical control,
invoicing, and inventory control of drugs in hospitals.
1964 Remington Arms International GmbH, formed in
1961 to distribute chain saws and accessories in Europe, was dissolved
due to the development
of more effective independent distributors in Europe.
1966 Remington commemorated the 150th anniversary
of its founding.
Demand for Remington "Blue Rock" clay targets exceeded the
capacity of the Findlay plant. A small factory building was purchased
in Ada, Oklahoma for a new clay target plant. Production began in early
1967.
1967 Cartuchos de Portivos de Mexico, SA, in which
Remington had a 40% interest, declared its first cash dividend. The
manufacture and
marketing of
centerfire pistol and revolver ammunition had been added to the production
of shotshells, rimfire cartridges, and lead shot.
1969 Remington completed the sale of its power tool
business to DESA Industries, Inc. Two plants were included in the transaction.
1970 Remington constructed a new ammunition plant
in Lonoke, Arkansas. The site was considered to be near the geographic
center of the sporting
ammunition market.
A new facility to produce clay targets was completed at Athens, Georgia,
beginning production in 1971.
The assets and business of Brewer Engineering Corp., in which Remington
held a 58.4% interest, were acquired by Parke-Davis and Company in
exchange for common stock.
1971 Remington contracted to purchase additional property
and building in Ilion, New York from the Univac division of Sperry-Rand.
This property
would later be developed to provide additional firearms manufacturing
capacity.
The company purchased 396,000 shares of its common stock from the trustees
of Columbia University for $4 million cash.
The Mexican government closed all the country's retail outlets for
firearms and ammunition which forced Cartuchos de Portivos de Mexico
SA to suspend most of its ammunition operations.
1973 Remington introduced the 3200 Over and Under
shotgun.
Remington made a unsuccessful effort to acquire AB Norma Projektilfabrik
of Sweden, a producer a centerfire ammunition and components. Negotiations
had been completed and a closing date set when plans were discontinued
because of concerns by the anti-trust division of the Dept. of Justice.
1974 Remington formed a German sales subsidiary, Remington
Arms GmbH in Wurzburg. The subsidiary was liquidated in 1988.
1975 Construction of a new target plant in Findlay,
Ohio began on company owned land adjacent to the existing 100 year-old
facility. Construction
was completed in 1976 Remington purchased 589,000
shares of its common stock from Fidelity Union Trust Co., the executor
of the estate of
Geraldine R. Dodge.
DuPont's percentage ownership of Remington increased to approximately
70%.
1978 Cartuchos de Portivos de Mexico SA, in which
Remington owned a 40% interest, changed its name to Industria Technos
SA.
1979 Remington acquired the Hazen, Arkansas plant
from the Van Heusen Shirt Co. Some of the Powder Metal operations moved
from the Ilion
plant
to Hazen, and the plant became operational in 1980.
1980 DuPont purchased the remaining shares of stock
of Remington, and the company became a wholly-owned subsidiary.
1981 Remington dissolved its Canadian subsidiary.
1984 Remington announced that it would move its headquarters
from Bridgeport, Connecticut to Wilmington, Delaware to reduce costs
and improve communications
with DuPont. Approximately 50 people from various administrative functions
were moved to Wilmington from late 1984 to early 1986.
1985 Remington turned over the operation of the Lake
City Arsenal in Independence, MO to Olin Corporation. Remington had
operated this facility
for the
U.S. government for more than 45 years.
1986 Remington sells its Abrasive Products business
and the Barnum Avenue site in Bridgeport, Connecticut to RemGrit Corporation.
1990 DuPont transferred ownership of Remington Arms
Company to a wholly-owned Delaware holding company, DuPont Chemical
and Energy Operations, Inc.
(DECO).
1992 Remington assumed marketing responsibility for
DuPont's "Stren" fishing
line and associated fishing products.
Remington introduces a number of new products:
The stainless steel version of the Model 700 centerfire rifle
The Model 11-87 Sporting Clays autoloading shotgun
Light Contour barrel versions of the Model 11-87 shotgun
The Model 870 Marine Magnum shotgun
Camouflage versions of various shotguns and rifles
1993 DuPont sells the assets of Remington to RACI
Acquisitions, a company organized by the New York investment firm of
Clayton, Dubilier and
Rice, for approximately $300 million on December 1.
Remington introduces the Model 522 Viper autoloading rimfire rifle
and the Peerless Over/Under shotgun.
1994 Remington introduces a version of the 870 Express
shotgun with a synthetic stock, a stainless steel version of the Model
Seven rifle,
and the
Model 700 Sendero rifle.
Remington announces that it will build a new facility for research
and development in Elizabethtown, Kentucky. The new facility will open
in 1995.
1995 Remington announces that its headquarters will
move from Wilmington, Delaware to Rockingham County, North Carolina.
Forty-nine employees
relocate.
Remington announces the discontinuation of its Apparel business.
The Remington Shooting School is organized at a gun club near its plant
in Ilion, New York.
Remington introduces the Model 700 rifle with detachable box magazines.
Also introduced is a replica of its 1816 flintlock.
Remington enters the firearm security safe business. This new category
includes a good, better, best selection of Sportsman, Classic and Premier
Safes.
1996 Remington builds a new headquarters facility
near Madison, North Carolina. Construction is completed in mid-year.
Remington announces plans to develop a new Firearms manufacturing facility
in Graves County, Kentucky, with plans to invest several million dollars
in plant and equipment.
Remington introduces a number of new products:
The Model 700 ADL rifle with a synthetic stock
The Model 1100 shotgun with a synthetic stock
The Model 700 muzzleloading rifle
Model 700 rifles with muzzle brakes
The Model 700 Sendero Stainless Fluted rifle
Remington enters the in-line black powder accessory business and is
immediately considered one of the major players in this business. At
the same time, Remington enters the hearing protection business and
expands its involvement in the safety and protection aspect of the
shooting sports industry.
1997 Remington opens a new Firearms plant near Mayfield,
Kentucky to supplement the Ilion plant. The new Mayfield site is the
first new
Remington Firearms
plant built since 1828.
Remington introduces the Model 597 rimfire rifle family and manufactures
the gun at the new Mayfield facility. The 597 is a new design focusing
on functional reliability and benchmark accuracy.
Remington reintroduces the Remington No. 1 Rolling Block Creedmoor
rifle in .45-70 Government. Not a replica, but a reintroduction, the
Creedmoor was produced by Remington in the latter half of the 19th
century.
Remington celebrates 15 years of the highly collectible bullet knife
series. Also, Remington becomes recognized as one of the top firearm
safe companies in the world.
1998 Remington adds the new 3 1/2-inch Super Magnum
to its best selling line of Model 870 Express pump-action shotguns.
These guns are built
with the brute strength and reliability of our legendary Model 870
Wingmaster, but with the added versatility of being able to handle
12-ga. 2 3/4 to 3 1/2-inch loads.
Remington develops a new packaging scheme for all categories that positions
its multiple lines under one brand and one look. The new packaging
maximized space for the retailers and allowed increased market share
in all categories.
Remington launches http://www.remington.com/ , providing rich product
information, support and services..
1999 Remington produces the first new centerfire magnum
case in 87 years--the .300 Remington Ultra Mag. Chambered in nine different
Model
700 configurations
the new .300 Remington Ultra Mag represents the first commercially
available non-belted magnum.
Summer of 1999 begins a new chapter for Remington with the advent of
its new television series-- Remington Country . Viewers will see hunters
capture America's most popular game while celebrating the outdoors,
sportsmanship, ethics, and conservation, as well as receive shooting
tips from the Remington experts.
Remington enters the one handed knife business with the introduction
of the “Rattlesnake” line. This new line attracts a new
demographic consumer for Remington.
2000 Remington introduces the most significant advance
in rifle and ammunition performance since the development of self-contained
cartridges--the
EtronX System, an electronic ignition system for centerfire rifles
and ammunition.
Remington extends both its Super Mag line of shotguns with the Model
11-87 Super Magnum and the Ultra Mag line of magnum calibers with the
.338 Remington Ultra Mag. Also added to the firearms line is the Model
300 Ideal over-and-under shotgun.
Remington enters the Gunsmithing tools category and expands its focus
on industrial sales.
2001 Remington introduces the following new rifle
products:
The Model 710, the most affordable, high-performance centerfire rifle
ever designed and built.
The Model 700 Titanium Ultimate Lightweight rifle. The lightest factory
bolt-action centerfire rifle on the market.
Limited Edition Model 700 Classic chambered for 7mm-08 Remington
Limited Edition Model 700 BDL SS RMEF Trade rifle chambered for 300
Remington Ultra Mag
Remington enters the electronic earmuff business and is immediately
considered a major player in this industry.
2002 Remington introduces the following new rifle
products:
Model Seven LS, SS, and Custom AWR chambered for the new 7mm Remington
SA Ultra Mag and the 300 Remington SA Ultra Mag cartridges offering
magnum performance in a compact, dense cover rifle.
Limited Edition Model 700 Classic chambered for 221 Remington Fireball
Limited Edition Model 700 BDL SS RMEF Trade rifle chambered for 7mm
Remington Ultra Mag
Remington expands its gun parts business with an added focus on specialty
choke tubes. These new ported and hevi-shot capable tubes allow Remington
to move up as a market leader in this category.
2003 Remington introduces the following new rifle
products:
The Model 673 Guide Rifle, combining the styling of the classic Model
600 Magnum with the modern day performance of the Model Seven action.
Chambered for 300 Remington SA Ultra Mag and the reintroduced classic
350 Remington Magnum cartridge.
Limited Edition Model 700 Classic chambered for 300 Savage
Limited Edition Model 700 BDL SS RMEF Trade rifle chambered for 300
Remington SA Ultra Mag
Model 597 Magnum chambered for the new 17HMR cartridge
Remington introduces a completely revamped firearm safe line. This
new line includes increased fire protection, heavier units and a 180
degree door opening radius. This new external hinge line was described
at the 2003 shot show as, “The Best looking safes in the market”.