Former Remington Arms employees at Ilion are still waiting to return to work and at this time they don’t know when they will return.
Some 200 workers were expecting a staggered return on March 1 and 8, but so far all of those workers have been told the reopening has been delayed. Employees say they received communication from the new company just before they returned and it’s unclear how long the delay will last. A former employee told workers they were told ‘if you haven’t been called yet and have been told to stay home, you will get a call soon’. Some employees didn’t get the call last week and were turned away at the door Monday morning upon arrival, according to Syracuse.com.
Remington’s new owner, the Roundhill Group had planned to restart production on March 1. Employees told WIBX they were told that initially maintenance and machinists would return first, and about 200 assembly line workers would then follow this week. They say they were told they would eventually return to a workforce of 800 to 1,000 workers once sales and production increase.
“It’s getting very old,” one worker told WIBX. “I just want to go back to work.”
Meanwhile, former ‘old Remington’ employees are awaiting a ruling this week on the bankruptcy court’s decision regarding their 401K investments, severance and other owed benefits, after the United Mine Workers Union has traded at least a percentage of that money. Last week the union held a virtual town hall meeting and said it was confident a resolution would arrive in March. They say that although the workers will not get 100% of what is due to them, they believe that a satisfactory settlement will be reached very soon. Workers say the decision could come as early as Monday.
Last month, Roundhill reached an agreement with the Herkimer County IDA on a 10-year tax relief agreement that officials say will mean 50% tax relief in the first year for the new Remington, with a annual increase of 5% compared to after 10 years.
Bankruptcy papers also show that Roundhill is still in dispute with the former Remington company over the assets, machinery and licenses that were part of the bankruptcy sale, where Remington’s assets were divided among six companies. Roundhill purchased the Remington firearms business, excluding the Marlin brand, for $13 million.
Remington is America’s oldest arms manufacturer, founded by Eliphalet Remington at Ilion in 1816.