Remington Arms Company Description
They aim to arm at Remington Arms. The company makes shotguns and rifles, ammunition, and gear under the Remington brand. As the only US company to produce both guns and ammo, Remington is a top seller of rifles and ammo in the US and a top seller of shotguns. Über retailer Wal-Mart accounted for slightly more than 18% of the company's 2008 revenue. Other mass merchandisers, as well as sporting goods shops, sell Remington-brand products. The company was founded in 1816 by Eliphalet Remington II, who took his first orders upon winning second place in a shooting contest with a gun he built. Remington is a subsidiary of Freedom Group, which was taken public by investment firm Cerberus Capital Management in 2009.
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The Company Description provides a historical perspective of Remington Arms's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Remington Arms's evolution in the marketplace.
