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Remington Arms Controversy: How the Firearms Brand Stirred Up Debate

By    |   Tuesday, 21 Apr 2015 10:18 AM

Any firearm manufacturer has seen its share of controversy during debates over gun rights and weapon safety. Here are four ways Remington Arms has stirred up debate recently.

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1. Model 700 Misfiring Controversy
CNBC reported in 2010 that the Remington 700 was “unsafe and susceptible to firing without pulling the trigger, according to the network. Investigative reporter Scott Cohn led a 10-month investigation that showed experienced shooters as well as novices had problems with the trigger mechanism and the bolt action.

In 2014, Remington Arms settled the related lawsuits that had been filed, and agreed to inspect and repair millions of rifles. The company was careful to not label the repairs a recall. “These settlements are not any admission that the products are defective or unsafe,” company lawyers said in a press release in December 2014 published in PR Newswire.

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2. Sandy Hook and CalSTRS Divestment Order
Families of victims and survivors of the Sandy Hook Elementary School shootings in Newtown, Conn., sued Remington for “negligent entrustment” of its Bushmaster rifle. The suit alleges that the Bushmaster is a military weapon that should not have been sold to civilians, according to the New York Daily News.

In December 2012, in response to the Sandy Hook shootings, the California teachers pension fund CalSTRS, which owns a $750 million stake in the Cerberus Capital Management ordered the investment firm to sell its Freedom Group, which includes Remington Arms and other firearm manufacturers, The New York Times reported.

As of March 2015, Cerberus had not yet found a suitable buyer for Freedom Group.

3. Financial Stress
Remington Arms was sold to Cerberus in 2007 by the private equity firms that purchased the company from DuPont. Remington had lost money for three years and built up substantial debt despite rising top line sales. The transaction included $252 million of debt the company had built up since its DuPont spin off, according to Bloomberg News.

4. NY SAFE Act and Layoffs
The New York Secure Ammunition and Firearms Enforcement Act of 2013 banned AR-15 rifles in New York. Remington manufactured those firearms at the Ilion, N.Y., plant, where the company was founded in 1816.

In response, the company eliminated 126 jobs at the Ilion plant and 100 other workers were transferred to the company's Alabama plant, where that model of rifle will be made, according to the New York Daily News.

CEO George Kolltides told state officials that “state policies affecting use of our products” were part of the reason for the move. Critics suggested that the company was using the gun control law as an excuse to cover for existing cost-saving measures the company was planning.

This article does not constitute legal advice. Check the current gun laws before purchasing or traveling with a firearm.

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Any firearm manufacturer has seen its share of controversy during debates over gun rights and weapon safety. Here are four ways Remington Arms has stirred up debate recently.
guns, remington, firearms, gun control
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2015-18-21
Tuesday, 21 Apr 2015 10:18 AM
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