Lay-offs Loom for Remington as Gun Sales Decline
Remington Outdoor has laid off more than 120 workers at an upstate New York factory in response to falling demand for firearms, dealing a blow to a village of 8000.
Since Donald Trump’s presidential victory eased concerns about stiffer gun laws, the small-arms industry has seen a drop in sales. As a result, orders for Remington handguns have slowed, a company spokeswoman said. That is “a dynamic from which Remington is not immune,” she said of the industry challenges.
The March 8 lay-offs are a hit for Ilion, New York, where Remington has operated a plant since the 19th century, said Terry Leonard, mayor of the village located about 100km east of Syracuse.
The region has been on edge since Remington’s 2014 announcement that it was opening a plant in Huntsville, Alabama, he said.
Many fear the eventual closure of the Ilion plant, Mr. Leonard said, adding the company has 960 employees after the lay-offs. The Remington spokeswoman didn’t return a request to confirm that number.