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Remington Arms Snapshot
They aim to arm at Remington Arms. The company makes shotguns and rifles, ammunition, and gear under the Remington brand. As the only US company to produce both guns and ammo, Remington is a top seller of rifles and ammo in the US and a top seller of shotguns. Über retailer Wal-Mart generates double-digit sales for the gun maker. Other mass merchandisers, as well as sporting goods shops, sell Remington-brand products. The company was founded in 1816 by Eliphalet Remington II, who took his first orders upon winning second place in a shooting contest with a gun he built. Remington is a subsidiary of Freedom Group, which was taken public by investment firm Cerberus Capital Management in 2009.
