Remington Premier Ammunition
Remington Premier Ammunition Revival. Let’s start with the good news first. In October 2020, Vista Outdoor (owner of major ammunition brands such as Federal Premium, CCI and Speer) purchased Remington ammunition and the rights to the Remington brand to emerge from bankruptcy.
Forced into Chapter 11 bankruptcy protection, Remington Outdoor was broken up and sold following a multiday bankruptcy auction in July 2020. But the shuttering of its ammunition factories contributed to this year’s ammunition shortage.
So, the shortage has been attributed to many aspects, including pandemic-era supply chain disruptions, the bankruptcy of significant supplier Remington in 2020, the massive amount of new gun owners in the last year, and the resulting surge in demand. Buy Federal Premium Ammunition 357 Magnum 180 Grain online.
But last August, Marlin ceased show of new rifles while its parent company, Remington premier a frame ammunition outdoor, was in financial trouble. Ruger bought the company in September 2020 for approximately $28.3 million, taking it out of more extensive Remington Outdoor bankruptcy.