Remington Arms Co announces layoffs as sales slump
Remington Arms Co has announced they will be cutting 122 jobs. According to this Dispatch report, the company cites slowing sales as the reason for the layoffs.
Remington Arms Co. has laid off 122 workers at its Ilion plant due to slowing sales.
“The small arms industry is facing significant near-term challenges related to slowing order velocity and high channel inventories; a dynamic from which Remington is not immune,” said a statement from Jessica Kallam, Remington’s manager of media relations and public affairs. “After exploring all the options available to us, we are compelled to reduce our work force by releasing 122 team members today at our Ilion, N.Y. site. As we move forward, we will continue to monitor all segments of the business for growth opportunities.”
The layoffs include about 110 members of the United Mine Workers of America Local 717, said union spokesman Phil Smith.
Prior to Wednesday’s layoffs, Remington’s Ilion plant employed about 1,100. The company also laid off 231 Ilion workers in August and November of 2014, some of them due to the consolidation of plants at a new facility in Huntsville, Alabama.
“We depend heavily on Remington for our economic well-being here in the Mohawk Valley,” said state Assemblyman Marc Butler, R-Newport. “However, they assured me this is a decision driven by market forces and it has no reflection on the overarching changes at Remington.”
Butler said the firearms industry has been linked to the political climate.