Back in 2020, the lumbering jumbo jet that was Remington Outdoors burned in hard after running out of gas, and, following a federal bankruptcy hearing, the highest bidders salvaged its singed remains.
While Federal got its ammo business, Ruger came away with Marlin, Franklin Armory (for some reason) bought Bushmaster, and Palmetto took several lesser-known other brands, the core of the “old” Remington rifle and shotgun line went for a song to a new group that called itself RemArms and soon put the 700 series bolt action rifles and 870 series pump action shotguns back into production in New York.