Here are some bits from a 1/12/25 article in the Ark. Democrat-Gazette, which is behind a paywall.
The new owner is "Ammo+ Division for Czechoslovak Group, known as CSG, a Prague-based arms conglomerate that purchased Remington and three other major ammo groups late last year." The brands now under CSG (also called the Kinetic Group) are CCI, Federal, HEVI-Shot, Remington Ammunition and Speer.
CSG will be keeping management and employees in place at the Remington plant in Lonoke, and plans investment there to improve the brand.
The deal needed an OK from the Committee on Foreign Investment in the United States (CFIUS), who said in June 2024 there were no unresolved security concerns. Still, there were political leaders who did not want foreign ownership of ammunition company in US. CSG pointed out they are a NATO supplier and work with a number of other US defense companies.
Also noted in the article, Arkansas has ammunition plants for Fiochi and SIg Sauer, and primer manufacturer White River Energetics. The Sig Sauer plant recently built a new capability to support U.S. Army's Next Generation Squad Weapons Program.
The new owner is "Ammo+ Division for Czechoslovak Group, known as CSG, a Prague-based arms conglomerate that purchased Remington and three other major ammo groups late last year." The brands now under CSG (also called the Kinetic Group) are CCI, Federal, HEVI-Shot, Remington Ammunition and Speer.
CSG will be keeping management and employees in place at the Remington plant in Lonoke, and plans investment there to improve the brand.
The deal needed an OK from the Committee on Foreign Investment in the United States (CFIUS), who said in June 2024 there were no unresolved security concerns. Still, there were political leaders who did not want foreign ownership of ammunition company in US. CSG pointed out they are a NATO supplier and work with a number of other US defense companies.
Also noted in the article, Arkansas has ammunition plants for Fiochi and SIg Sauer, and primer manufacturer White River Energetics. The Sig Sauer plant recently built a new capability to support U.S. Army's Next Generation Squad Weapons Program.