Marlin Donates 30,000,000th Lever Action Rifle to NRA–ILA
Madison, NC –The first Marlin lever action rifle was produced in 1881. Now, more than a century later, Marlin lever action rifles have stood the test of time and continue to occupy a prominent position within the landscape of American firearms. Generations of hunters and shooters have depended on the Marlin lever action rifle for its legendary accuracy and rugged dependability. To celebrate this great American legacy, Marlin has donated its thirty millionth lever action rifle to the NRA–ILA for auction at the 2008 NRA Annual Meeting in Louisville, Kentucky. Marlin has chosen to produce a very unique Model 1895CB to signify its 30,000,000th lever action rifle.
"This commemorative rifle is indeed an exceptional work of art," said Marlin Firearms President, Bob Behn.
"The NRA–ILA fights hard everyday to preserve and protect the 2nd Amendment and
our Nation's firearms and hunting heritage. I can't think of a better way to
celebrate this tremendous company milestone."
Marlin 30,000,000th Lever Action
Distinctive Features
- Model 1895CB (Cowboy)
- Chambered in 45–70 GOVT.
- Exquisitely hand engraved by Baron Technology
- Fancy American Walnut Stock
- Adjustable Marbles Semi–Buckhorn Rear Sight with Carbine Front Sight
- Breech and Receiver Detail
The receiver is decorated in textured open American style with liner shading throughout with a fine punch dot background. The top of the receiver is completely covered in American scroll pattern that is bordered on the beveled sides by an overlapping leaf detail while the breech has a continuation of the receiver scroll, ending with a 24kt gold inlay that flows down the barrel on either side of the rear sight.
Left Panel Detail
The serial number is prominently displayed in a 24kt gold solid inlay with deep hand–cut letters. The great American Bison is cut in the Bulino style, and is raised above the field of 24kt gold inlay that makes up the cameo's oval shape. There is a Florentine texture throughout this inlay that enriches the surface by softly diffusing the light, making the gold give off warmth, without glare or a bold reflection.
Right Panel Detail
The time–honored Marlin Scout is also prominently featured in the Bulino style, and is raised above the inlayed gold cameo.
"Marlin 30 Millionth" is inlaid in 24kt gold, into a banner that flows under the Scout cameo. The safety is gold filled to replicate the target used by traditional Marlin advertising and the rifle's bolt is polished and fine jeweled.
Finger Lever and Hammer Detail
Detailed as fine Marlins have been for over 100 years, the arrow on the hammer adds a distinct
"Marlin" touch, and is inlaid in solid gold. The Lever is engraved and inlaid with 24kt gold to accent the shape of the lever and matches the scroll detail featured on the rifle's barrel.
Founded in 1870, Marlin Firearms is one of the largest sporting firearms manufacturers in the world. Marlin is known for its outstanding lever action rifles, and rimfire rifles and is located in North Haven, Connecticut.
For further information on Marlin Firearms please visit www.marlinfirearms.com
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.
About Remington Arms Company, Inc.
Remington Arms Company, Inc., headquartered in Madison, North Carolina, designs, produces and sells sporting goods products for the hunting and shooting sports markets under a family of famous brands including Remington, Marlin, H&R 1871, LLC, New England Firearms, LC Smith and Parker as well as solutions to the military, government and law enforcement markets. Founded in 1816 in upstate New York, the Company is one of the nation's oldest continuously operating manufacturers and is the only U.S. manufacturer of both firearms and ammunition products. With its products distributed throughout the U.S. and in over 55 foreign countries, Remington remains the largest domestic producer of shotguns and rifles. More information about the Company can be found at www.remington.com.
Forward–Looking Statements
Forward–Looking Statements: This press release includes "forward–looking statements" within the meaning of federal securities laws and they are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward–looking statements give the Company's current expectations or forecasts of future events. These forward looking statements include expectations regarding (i) the closure of the Gardner, Massachusetts facility, (ii) the anticipated benefits of the closure and (iii) the timing of the closure. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by such forward–looking statements. Such factors include the demand for the Company's products, the Company's growth opportunities, and other risks detailed from time to time in the Company's reports filed with the SEC, including its Annual Report on Form 10–K for the fiscal year ended December 31, 2007.
The Company assumes no obligation to update publicly such forward–looking statements, whether as a result of new information, future events or otherwise.
Marlin and H&R 1871 Support George K. Kollitide's Bid For The NRA Board of Directors.
North Haven, CT -Nominated by the NRA Nominating Committee, Kollitides has spent his adult life supporting the Second Amendment. A Benefactor member, he became an NRA Life Member as a young man. He serves on the boards of Remington Arms, Marlin Firearms, DPMS Panther Arms and Bushmaster Firearms. He is an avid shooter and hunter, and is a Life member of TSRA, CRPA, NYSRPA, ATA, Boone and Crockett (Associate), Houston Safari Club, NMLRA, and Quail Unlimited. Kollitides is a member of Remington Collectors, SAFE, NWTF, and the US Sportsmen's Alliance.
As a managing director of Cerberus Capital Management, he oversees the firm's interests in the firearms industries. He has managed numerous financial transactions and is a noted financial forum speaker.
Kollitides has shot since childhood and enjoys hunting with family and friends. His wife and children are NRA Life members. As a staunch defender of Second Amendment freedoms, he is honored to be nominated for the NRA Board.
Please join us in supporting George Kollitides for the NRA Board of Directors.
Marlin introduces the next generation of hunting rifle -the X–Series Bolt Action
North Haven, CT -Marlin Firearms has added centerfire bolt action rifles to its product lineup. The first model in the new series is the XL7, a standard long action rifle available in black synthetic or Realtree® APG–HD camo and will be available in three calibers, .30–06 Spg., .270 Win., and .25–06 Rem.
Made with the latest in rifle design and technology, the XL7 has modern yet practical features that matter to practical hunters. Features like Marlin's new Pro–Fire™ accuracy enhancing trigger, the new Marlin Soft–Tech™ recoil pad, a lightweight pillar bedded synthetic stock and more.
The innovative Pro–Fire™ trigger system is user adjustable, virtually creep free and can be set to break at a crisp 2 1/2 lbs. An in–house Marlin design, the Pro–Fire™ trigger release prevents movement of the trigger until it is depressed.
The Soft–Tech™ recoil pad significantly reduces felt recoil, making the XL7 much easier and more pleasant to shoot than other rifles in its class.
Other notable features on the XL7 include: A fluted bolt for an exceptionally smooth action, steel sling swivel studs that will not break or degrade over time, pillar bedding for consistent accuracy, a synthetic stock available in black or
Realtree® All Purpose Green HD, high polished blued steel, checkered bolt handle, recessed barrel crown, and classic American style checkering molded into the lightweight synthetic stock.
The rifles will have an MSRP of $326.00 for the black synthetic model, and $356.00 for the camouflaged model.
Marlin introduces thumbhole stocked rimfire rifles.
North Haven, CT -Marlin Firearms has added thumbhole stocks to its popular rimfire bolt action rifle product line. The first models in the new series are the 917VT and 917VST. These heavy barreled, thumbhole stocked target/varmint rifles chambered in .17HMR are available in either blued steel or stainless steel respectively. The 917VT has a handsome two–tone brown laminate stock, while the 917VST features a black and grey laminate stock.
Additional features that set the 917VT and 917VST apart from other .17HMR bolt actions are the microgroove rifled 22" heavy barrel, double bedding screws and special stock inletting to insure accuracy.
Both rifles come with 4–shot and 7–shot clips, and sling swivel studs.
Specifications:
| Model |
917VT |
917VST |
| Steel |
Blued carbon steel |
Stainless steel barrel, electroless nickel receiver |
| Caliber |
.17HMR |
.17HMR |
| Capacity |
4–shot and 7–shot clip magazines included |
4–shot and 7–shot clip magazines included |
| Action |
Bolt action, thumb safety, red cocking indicator |
Bolt action, thumb safety, red cocking indicator |
| Stock |
Brown laminate, thumbhole pistol grip, sling swivel studs, rubber rifle butt pad |
Grey and black laminate, thumbhole pistol grip, sling swivel studs, rubber rifle butt pad |
| Barrel |
Heavy 22"with microgroove rifling |
Heavy 22"with microgroove rifling |
| Twist rate |
1:9 r.h. |
1:9 r.h. |
| Sights |
No sights. Grooved and drilled and tapped for scope bases. Two piece bases included |
No sights. Grooved and drilled and tapped for scope bases. Two piece bases included |
| Length |
41" |
41" |
| Weight |
7lbs |
7lbs |
About Marlin Firearms:
Founded in 1870, Marlin Firearms is a family owned company, and one of the largest sporting firearms manufacturers in the world. Marlin is well known for lever action rifles, shotguns, and rimfire rifles. Located in North Haven, CT, Marlin employs over 300 people.
About H&R 1871:
In November of 2000, Marlin purchased the assets of H&R 1871®, Inc., a Massachusetts–based manufacturer of shotguns and rifles. Founded in 1871, and now located in Gardner, Massachusetts, H&R 1871 employs over 200 people. Marketing its products under the brand names of Harrington & Richardson and New England Firearms, H&R 1871 is the largest manufacturer of single shot shotguns and rifles in the world.
Remington to Acquire Marlin Firearms
Deal positions Marlin and its various brands for growth
Madison, North Carolina – December 26, 2007 – Remington Arms Company, Inc. ("Remington" or " the Company") the only manufacturer of both firearms and ammunition for Hunting, Law Enforcement/Security, Government & Military applications in the United States, today announced it has entered into a definitive agreement to acquire Marlin Firearms Company, Inc. ("Marlin"). The transaction is expected to close by the end of January 2008.
Marlin, headquartered in North Haven, Connecticut, also owns Harrington and Richardson (H&R), New England Firearms (NEF) and LC Smith brands of rifles and shotguns.
Tommy Millner Remington's CEO, said, "I am pleased to announce that Marlin's well known brands with a long heritage of providing quality rifles and shotguns to hunters and shooters around the world will join the Remington family. The opportunity to combine two historic U.S. based companies with such storied and proud histories, is both challenging and exhilarating."
"We look forward to working with Bob Behn, a well respected member of our industry. He will remain as president of Marlin, charting a course of further growth and operational improvement," Mr. Millner continued.
Closing of the transaction is subject to certain customary conditions, including regulatory approvals. Credit Suisse acted as financial advisor to Remington with respect to this acquisition. Duff & Phelps Securities, LLC, a unit of Duff & Phelps Corporation (NYSE:DUF), initiated the transaction, assisted in the negotiations and acted as exclusive financial advisor to Marlin.
Frank Kenna III, Marlin's Chairman, said, "Marlin has been a family run business since 1924 and through a number of important steps, we have grown it into the company it is today. We knew it was time to find the right partner for Marlin to ensure our brands maintain their leadership positions and move into the next century."
Mr. Kenna III continued, "We believe Remington's commitment to the industry, shooters and hunters alike, combined with their resources from a manufacturing and sales and marketing position, will reinforce the confidence, hard work and dedication that our employees and management have put into our brands."
Marlin manufactures a wide range of long guns, from the historic Model 39 and 336 rifles, which are the oldest shoulder arm designs in the world still being produced, to the XLR Series, which are the most accurate lever action rifles in the world. Its lever action 22 repeater, now the Model 39, became the favorite of many exhibition shooters, including the great Annie Oakley.
E. Scott Blackwell, Remington's President of Global Sales/Marketing and Product Development, said, "The history of our two companies in innovation and meeting the needs of hunters and shooters around the globe, combined with the opportunity to further develop the Remington, Marlin, H&R, NEF and LC Smith brands, is not only beneficial to the Company and our channel partners, but especially to our to the end customer. And it is these customers and our employees that have contributed to the success and longevity of these brands."
About Remington Arms Company, Inc.
Remington Arms Company, Inc., headquartered in Madison, N.C., designs, produces and sells sporting goods products for the hunting and shooting sports markets, as well as solutions to the military, government and law enforcement markets. Founded in 1816 in upstate New York, the Company is one of the nation's oldest continuously operating manufacturers. Remington is the only U.S. manufacturer of both firearms and ammunition products and one of the largest domestic producers of shotguns and rifles. The Company distributes its products throughout the U.S. and in over 55 foreign countries. More information about the Company can be found at www.remington.com.
About Marlin Firearms Inc.
Established in 1870, The Marlin Firearms Company's brands include Marlin, Harrington & Richardson, New England Firearms and L. C. Smith. Under its various brands, Marlin produces an array of lever action, bolt action, and semi–automatic rifles, a wide variety of break–open single shot shotguns and rifles as well as muzzleloaders and combo sets. The company maintains a corporate Headquarters and manufacturing plant in North Haven, Connecticut as well as a manufacturing facility in Gardner, Massachusetts.
Forward–Looking Statements
This press release includes "forward–looking statements" within the meaning of federal securities laws. Forward–looking statements give the Company's current expectations or forecasts of future events. These forward looking statements include expectations regarding (i) the proposed acquisition, (ii) the anticipated benefits of the acquisition and (iii) the timing of the proposed acquisition. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by such forward–looking statements. Such factors include the demand for the Company's products, the Company's growth opportunities, and other risks detailed from time to time in the Company's reports filed with the SEC, including its Form 10–K Report for the fiscal year ended December 31, 2006.
The Company assumes no obligation to update publicly such forward–looking statements, whether as a result of new information, future events or otherwise.
