0 shares | Share on FacebookShare on TwitterPost on RedditShare by |
oldest gunmaker in the country is officially filing for bankruptcy. newschannel 2's marc barraco spoke with locals for their reaction....many of whom are not all surprised by the company's decision.....he joins us now live from ilion. good evening marc. good evening don and kristen. while remington has officially filed for bankrupcy protection, operations in ilion continued today and while the company says the main reason is due to a decrease in sales....locals it's operating in new york state that's the issue. for valley residents, the announcement remington arms had fid to bkruptcy wasn't all too much of a surprise. but many say it's not arms had filed to bankruptcy wasn't all too much of a surprise. but ny say it'not the gun debate that's causing the rollback of remington, it's t costf business inew york state that driving them out. hentges i think it's always sad when local businesses leave us, a toa city, they just leave so much itheirw the move by remington arms and it's parent company remington outdoors is what the company's ceo says a decline in gun sales over a 12 month period. the announcement nday isconsidee to drop for ilion's mayor. mayor leonard last fall when they did the furlousi did get call from remgton, it was due to the inventies on e shves and the over proction andw sales. and while some may debate why these jobs are leaving, one local tells me that it's the tax strucre that's causing all the jobs to goelsewr it costs you morto operate inne yorktate thannywhere else,califl manufacturing for years...and the decision by remington to declare bankruptcy is why he believes it'll only get worse from here. what would you say tonne that works at remington? --- dust off theresu. as far as helping the 900 workers in ilion, mayor leonard ihopinfor more statewide support. the restrictions on municipiti, unfunded mandates, even to operate this village is nearly imssiblefinancially, and nearlye same in the business and nufturingworld. we did reach out to the local union that represents workers here we did reach out to the local union that represents workers her we did reach out to the the business and manufacturing world. we did reach out to the local union that represents workers here in ilion, but they did not get back to us. we did however get a statement from congresswoman claudia tenney, who tells us that remington has given assurances that this filing is solely to restructure their debt and that there will be no loss of jobs. reporting in ilionmarbarraco nc the united states is standing with more than a dozen other countries - against russia. and here at home - the white