Remington to lay off 105 workers in NY

Remington to lay off 105 workers in NY Remington Arms, the Herkimer County, gun manufacturer, is laying off 105 workers in New York.

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dale

Cold Brook, NY

#22 Aug 20, 2014
be sure to thank your filthy ratpublicans, right tammy fay
ted

United States

#23 Aug 20, 2014
Corporate greed. Plain and simple
Truth

Utica, NY

#24 Aug 20, 2014
ted wrote:
Corporate greed. Plain and simple
Greed? I don't call it greed. I call it business.

Businesses exist to make money for their owners/investors. That's the long and short of it. They don't exist to create jobs or pay people more than they have to. The money they earn belongs to them. It doesn't belong to the government, the collective, the workers or you. Wanting to keep more of what you earn is not greed. In fact, it is what make businesses successful attractive to potential investors. Investment is what keeps businesses growing and allows them to create jobs. When the cost of doing business exceeds the ability to turn a profit(which again, is why any business exists) then the business looks for a more business friendly environment like Huntsville, Alabama.

Remington in Ilion has several things going against it. High taxes, burdensome state regulations and unions to name a few. Those are all things that keep any business from maximizing profit. Remington is owned by an investment group that's purpose for being is to make a profit. Being located in Ilion, New York makes that difficult.

Since: May 14

Ilion

#25 Aug 20, 2014
Truth wrote:
<quoted text>Greed? I don't call it greed. I call it business.

Businesses exist to make money for their owners/investors. That's the long and short of it. They don't exist to create jobs or pay people more than they have to. The money they earn belongs to them. It doesn't belong to the government, the collective, the workers or you. Wanting to keep more of what you earn is not greed. In fact, it is what make businesses successful attractive to potential investors. Investment is what keeps businesses growing and allows them to create jobs. When the cost of doing business exceeds the ability to turn a profit(which again, is why any business exists) then the business looks for a more business friendly environment like Huntsville, Alabama.

Remington in Ilion has several things going against it. High taxes, burdensome state regulations and unions to name a few. Those are all things that keep any business from maximizing profit. Remington is owned by an investment group that's purpose for being is to make a profit. Being located in Ilion, New York makes that difficult.
Right on the money, in fact there's more teeth in the investors' directive to Remington. It's more like "deliver a certain level of return or we invest elsewhere". The stock market and investment groups are insatiable. A down market isn't helping, just to state the obvious.
huntz hall

Tully, NY

#26 Aug 20, 2014
point of order wrote:
<quoted text>
Remington sales are down and the built a new plant in another state. Question : how come the republican led county leg. did not give Remington arms a piece of land at the Pumpkin patch and they also could have given them a property tax break. Yep always blame someone else.
You expect Remington to build a state-of-the-art plant in NYS, arguably the most heavily taxed state in the country? A guv & legislature that is anti-gun giving a gun manufacturer a 10-year tax break? Yeah....thats a real smart business decision.
Komrad Koumo

Utica, NY

#27 Aug 20, 2014
ted wrote:
Corporate greed. Plain and simple
Sorry you are an idiot ted. Remington has been there over 100 years. They are dedicated to this area. They are being FORCED to make these decisions now. If you owned the business (which I doubt because you sound like some kind of gov. handout leech), you would be FORCED to do the same thing.
Interesting

Longmeadow, MA

#28 Aug 20, 2014
It is interesting that the one politician sites the SafeAct as contributor to Remington Arms downsizing the workforce in Ilion. Just across the border in Massachusetts, as state with as strict gun laws as NY there are 13 gun manufacturers located, including Smith & Wesson, Savage, Colt, and H & R. Maybe it has more to do with high taxes, failing infrastructure, better incentives elsewhere. I wonder if these displaced workers will get fast tracked for training and positions in the new chip plant manufacturing jobs at SUNY PI, did not see that mentioned.
Truth

Utica, NY

#29 Aug 20, 2014
Interesting wrote:
It is interesting that the one politician sites the SafeAct as contributor to Remington Arms downsizing the workforce in Ilion. Just across the border in Massachusetts, as state with as strict gun laws as NY there are 13 gun manufacturers located, including Smith & Wesson, Savage, Colt, and H & R. Maybe it has more to do with high taxes, failing infrastructure, better incentives elsewhere. I wonder if these displaced workers will get fast tracked for training and positions in the new chip plant manufacturing jobs at SUNY PI, did not see that mentioned.
What new chip plant?

It's an empty lot at the end of a road the taxpayers paid for. There is no chip plant.
Komrad Koumo

Utica, NY

#30 Aug 20, 2014
Good point. They haven't moved, YET. As far as the chip plant, yeah they will be in good shape..not. Part of the reason for the exodus of people and businesses from this cesspool.
Directions

Clifton Park, NY

#31 Aug 20, 2014
Interesting wrote:
It is interesting that the one politician sites the SafeAct as contributor to Remington Arms downsizing the workforce in Ilion. Just across the border in Massachusetts, as state with as strict gun laws as NY there are 13 gun manufacturers located, including Smith & Wesson, Savage, Colt, and H & R. Maybe it has more to do with high taxes, failing infrastructure, better incentives elsewhere. I wonder if these displaced workers will get fast tracked for training and positions in the new chip plant manufacturing jobs at SUNY PI, did not see that mentioned.
There is no chip plant.
Bebo

Ilion, NY

#33 Aug 20, 2014
http://blog.al.com/breaking/2014/02/87_millio...
Check out this link and ask yourself if New York State could ever offer these types of "kickbacks". Also click on some of the attached links reguarding pay and compensation. According to the 2012 contract I say we have been getting ripped off or they are being fed a line of BS
Bebo

Ilion, NY

#34 Aug 20, 2014
Much Better

Clifton Park, NY

#35 Aug 20, 2014
Bebo wrote:
Much better than 7 million for a hockey team that's leaving.
The Truth

Utica, NY

#37 Aug 21, 2014
Much Better wrote:
<quoted text>
Much better than 7 million for a hockey team that's leaving.
AS ALWAYS - YOU ARE WRONG!
ilion 5-10 years

Utica, NY

#38 Aug 21, 2014
The #1 Welfare city/town in NYS
Epic Fail

United States

#39 Aug 21, 2014
Interesting wrote:
It is interesting that the one politician sites the SafeAct as contributor to Remington Arms downsizing the workforce in Ilion. Just across the border in Massachusetts, as state with as strict gun laws as NY there are 13 gun manufacturers located, including Smith & Wesson, Savage, Colt, and H & R. Maybe it has more to do with high taxes, failing infrastructure, better incentives elsewhere. I wonder if these displaced workers will get fast tracked for training and positions in the new chip plant manufacturing jobs at SUNY PI, did not see that mentioned.
H&R is in Ilion and owned by Remington.
kissmyazz

Ogdensburg, NY

#40 Aug 21, 2014
Assembly woman Claudia Tenney missed 480 votes in the state assembly. Third highest in the state. Wonder how many of those were relative to Remington related issues. No wonder they backed Hanna.
Who Knows

Keeseville, NY

#41 Aug 21, 2014
Epic Fail wrote:
<quoted text>
H&R is in Ilion and owned by Remington.
I would guess the point to the posting, as well as many others on here is that the SAFE ACT alone is not what is driving Remington Arms out of town, high taxes is likely the biggest cause. I tried to find the articles, but weren't the given a couple of million dollars the last time they threatened to leave? Maybe they should give that money back.
Bebo

Ilion, NY

#42 Aug 21, 2014
Who Knows wrote:
<quoted text>
I would guess the point to the posting, as well as many others on here is that the SAFE ACT alone is not what is driving Remington Arms out of town, high taxes is likely the biggest cause. I tried to find the articles, but weren't the given a couple of million dollars the last time they threatened to leave? Maybe they should give that money back.
Google: Remington Arms Grants New York - and you will find that several grants have been issued. This link was posted on the Remington website http://www.remington.com/pages/news-and-resou... Should they pay it back??? Probably but not likely.
Bebo

Ilion, NY

#43 Aug 21, 2014
The Huntsville Times http://topics.al.com/tag/remington/index.html . This is a link to the Remington move as seen by the people of Alabama.

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