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NY – Industry Insider – No jobs losses in Ilion from Remington Arms bankruptcy filing: Tenney

SYRACUSE.COM March 26, 2018 –  U.S. Rep. Claudia Tenney said Remington Arms has assured her that its bankruptcy court filing will not result in job losses at the gun-maker’s big factory in the Herkimer County village of Ilion. “Remington has reassured our office that the Chapter 11 filing is solely for the purpose of restructuring debt to equity,” she said in a statement Monday. The country’s oldest gun-maker is headquartered in Madison, N.C., but employs approximately 1,000 people in Ilion, 69 miles east of Syracuse.  [full article]

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