Herkimer County leaders have reached out to, and are waiting to hear back from, the new owners of Remington Arms' Ilion plant. It was said during a five-hour bankruptcy sale hearing on Tuesday, that the Roundhill Group, LLC, planned to employ people in Ilion and make investments in the facility. Herkimer County can't wait to help them do that.
"Everything from mortgate recording tax, to help them with their property taxes, help them with upgrades, maybe work with them for other federal loans that are out there, too, for employment," said John Piseck, Executive Director of the Herkimer County Industrial Development Agency.
Roundhill did not buy the plant's Marlin line. It's unclear what that exclusion will mean to the people who work on that line.
"Right now, we're not sure about those 200-250 jobs with Marlin. Are they gonna be offered jobs to transer? Are people gonna not accept that?" asked Herkimer County Administrator, Jim Wallace.
A federal bankruptcy judge in Alabama on Wednesday executed the orders, approving the auction bids on Remington Outdoor Company's assets. We, at NewsChannel 2, have reached out to Remington Outdoor Company's bankruptcy attorney regarding a time frame for Roundhill Group to close on the sale. We're waiting to hear back.