Cerberus selling Remington / Freedom ...

Cerberus selling Remington / Freedom Group

Posted in the Ilion Forum

ilionite

New York, NY

#1 Dec 19, 2012
a curiosity or odd coincidence -- the father of Cerberus owner Stephen Feinberg lives in Newtown CT

http://dealbook.nytimes.com/2012/12/18/cerber...
Omg

United States

#2 Dec 19, 2012
Always blame problems on the gun. It was a person who shot the the gun and killed those kids. Hell people that get hit or are in car accidents dont blame the vehicle for the death or injury. For christ sakes people always need to blame someone. The issue happened in conneticut not ny they need to take care of their own problems
We are done

Syracuse, NY

#3 Dec 19, 2012
Ilion will soon be a ghost town! They will never get the military contract back now with the company for sale.

What if they can't sell?, close down? Who is going to buy a company the government is trying to over-regulate.

This is a very sad day for Ilion and the valley. I'm willing to bet severe lay-offs are announced soon at Remington.
Doodler

United States

#4 Dec 20, 2012
Management had their meeting yesterday. Lay off list and announcement will be next wednesday after christmas. Total of 525 employees to be layed off, time frame unknown.
logic not emotion

New York, NY

#5 Dec 20, 2012
http://www.msnbc.msn.com/id/50255928

Perthaps Cerberus should consider these economic and social factors.
concerned

Moravia, NY

#6 Dec 20, 2012
lets hope your wrong the valley can not take that many layoffs
cut employment

New York, NY

#7 Dec 21, 2012
525 jan 5th
Ben

Ramsey, NJ

#8 Jan 20, 2013
Has Remington commenced with their reduction in force at Ilion? Saw an article on the news about Ilion and what hangs in balance now that Cuomo's wonderful new law went into place.
saddeal

Fort Stockton, TX

#9 Jan 20, 2013
Reason why is because the California Teachers union has 750 million invested with them and threatened to yank their money out,if not sold.Business is business.
Sy Robertson

Utica, NY

#10 Mar 1, 2013
we will be making the finest duck and buck calls money can buy. Grow your beards!
speeder

Syracuse, NY

#11 Mar 2, 2013
cut employment wrote:
525 jan 5th
your information was way off,still hiring more workers to satisfy the need for more orders of shotguns and rifles, as for those teachers that are so educated, they just shot themselves in the foot, they where invested in one of the companies that were showing them astonishing groth on there stocks, who are the dumb ones, we are still making lots of guns and making money for the other millions of share holders, hmmmmmmmmm.
vennison

Utica, NY

#12 Mar 2, 2013
no lay offs yet
Come on

Superior, AZ

#13 Mar 2, 2013
What the hell is the problem??? You can't buy a assault rifle in NYS.....who the hell cares. Remington can still manufacture them and sell them in the other 49 states.Remington can still make rifles, shotguns etc..still sell rifles and shotguns in all 50 states.

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