Sentences with phrase «oldest gun company»

Not exact matches

The 202 - year - old company, which owns gun manufacturers including Bushmaster and Marlin, said its sales fell 30 % last year to $ 600 million.

Remington Outdoor, one of the country's oldest and largest gun makers, said this week that a bankruptcy judge had approved its reorganization plan, which will transfer ownership of the company to creditors including JPMorgan.

Earlier this week the Remington Outdoor Company, one of the country's biggest and oldest gun manufacturers, said it would seek Chapter 11 bankruptcy protection amid plunging sales and mounting losses.

Some of the nation's oldest and largest gun companies are still based in the legendary «Gun Valley» region of New England, but there are other manufacturers scattered around the nation.

In February, 200 - year - old gun maker Remington filed for bankruptcy, beset by reduced sales and ongoing lawsuits linked to the Sandy Hook Elementary School Massacre, during which shooter Adam Lanza used one of the company's weapons.

In the weeks after politicians in Albany quickly passed the new gun control measures, fears in the plant's nearly 200 - year - old hometown of Ilion rose about the company closing or relocating.