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Roundhill Group obtains federal firearms license

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WKTV -- The company that now owns the Remington Arms assets in Ilion has obtained its federal firearms license.

Posted: Jan 8, 2021 12:02 AM
Updated: Jan 8, 2021 5:13 PM

ILION, N.Y. -- The company that now owns the Remington Arms assets in Ilion has obtained its federal firearms license.

Roundhill group, who bought Remington in Ilion last year, confirmed with NEWSChannel 2 that they received the license last week.

The plan is to open the plant in Ilion on Feb. 16 for maintenance. They are targeting March 1 for production to begin. 

Roundhill Group partner, Richmond Italia, said the company plans to bring back 200 employees by the first day of production.

Italia says the company is working with the state to increase jobs at the Ilion facility.

"We're deep in negotations with the state, trying to come up with some sort of compromise to build a new facility," said Italia. "If we are able to come to terms and we do build a new facility, we will consolidate everything in New York, which will bring the company back to 800 to 1,000 employees, eventually."

They are also discussing opening a new facility in the parking lot of the current building.

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