OT - Remington (Cerebus) closes H&R plant

[Texican]

http://accurateshooter.wordpress.com/20 ... jobs-lost/

April 8, 2008
Remington Closes H&R Plant — 200 Jobs Lost.
Filed under: News — Editor @ 12 am

The Harrington & Richardson plant in Gardner, MA is the latest victim in the series of consolidations in the firearms industry. Remington announced on April 7, 2008 that it would close the H&R 1871 facility in Gardner, and all plant operations would be shut down by the end of the year.

Remington Arms, part of the Cerberus family of companies, acquired Marlin Firearms earlier this year. The Marlin deal also included H&R 1871 Inc., which was purchased by Marlin in 2000. H&R operated as New England Firearms. With its line of Harrington & Richardson rifles, and L.C. Smith shotguns, H&R 1871 was the leading seller of single-shot rifles and shotguns in the world.

Remington’s official press release states: “Unfortunately, an estimated 200 Gardner employees will be impacted by the closure, which is expected to be completed by the end of 2008. A number of employees will transition from Gardner to other capacities within the Company. For those not transferred, the Company will be offering severance, outplacement, and referral services in order to assist in this difficult transition.â€

[jengel]

Here is the copy and paste text from the Marlin site:

Remington Announces Manufacturing Consolidation Plan.

Madison, NC - April 7, 2008 - - Remington Arms Company, Inc. ("Remington"), the United States' largest firearms manufacturer, today announced a strategic manufacturing consolidation move that will result in the closure of its Gardner, Massachusetts plant ("Gardner"). This integration will be seamless and will not affect our customers or our product offerings.

"While it was a difficult decision to close Gardner, we believe that this consolidation will enhance our ability to more efficiently provide quality products at competitive prices in an increasingly demanding global marketplace." said Tommy Millner, Remington's Chief Executive Officer. "We are always looking for ways to strengthen and optimize our business in order to stay competitive, while also creating additional opportunities for our employees and better products for customers. Our number one goal is to provide our customers and end-users with the best, most innovative products at a competitive price. Consolidation of manufacturing capabilities and migration to common operating systems are expected to create efficiencies that will achieve this goal."

Throughout the remainder of 2008, the integration of Gardner's operations is expected to result in centralized sales and marketing, streamlined operations, standardized information technology infrastructure, and common financial functionality while vigorously maintaining and promoting individual brand identity and products.

Unfortunately, an estimated 200 Gardner employees will be impacted by the closure, which is expected to be completed by the end of 2008. A number of employees will transition from Gardner to other capacities within the Company. For those not transferred, the Company will be offering severance, outplacement, and referral services in order to assist in this difficult transition.