Adirondack1
11-03-2003, 10:10 PM
Supposedly it's a temporary shutdown, but I know for a fact that CD&R (the holding company that owns Remington) has been giving the old girl a fresh coat of paint. (kinda like putting lipstick on a pig) Anyway, the speculation within the plant is that CD&R wants to sell Remington. I sure hope Blount will step up to the plate!
These management types Remington has had in the past 7 years have run the plant, and the quality of firearms manufactured there down the tubes!
Remington workers get unpaid furlough
Fri, Oct 31, 2003
KRISTA J. KARCH
Observer-Dispatch
More than 900 employees at Remington Arms in Ilion were given a month off for Christmas, without pay, according to an announcement made to the workers Thursday, Remington Arms officials said.
This is the third time in the gun factory's history that officials have resorted to an unpaid furlough for employees at Herkimer County's largest company, company spokesman Paul Gallagher said.
In similar circumstances in 1996 and 1997, he said, all of the employees returned to full-time positions after the furlough.
"We do not expect to have any layoffs," Gallagher said.
Gallagher said the furlough is the result of the region's economic downturn. If economic indicators are correct, the company can expect business to pick up early next year.
Until then, employees can expect to be out of work from Dec. 1 until Jan. 2. They will be eligible for unemployment benefits, Gallagher said.
PS this was originally posted over on the FN Files
Remington Arms has made a significant impact on the economy of Herkimer County since it started in the area in the early 1800s. The village of Ilion currently boasts 8,700 residents.
Here's a link to another story in the local paper.
http://www.herkimertelegram.com/art...news/news02.txt
These management types Remington has had in the past 7 years have run the plant, and the quality of firearms manufactured there down the tubes!
Remington workers get unpaid furlough
Fri, Oct 31, 2003
KRISTA J. KARCH
Observer-Dispatch
More than 900 employees at Remington Arms in Ilion were given a month off for Christmas, without pay, according to an announcement made to the workers Thursday, Remington Arms officials said.
This is the third time in the gun factory's history that officials have resorted to an unpaid furlough for employees at Herkimer County's largest company, company spokesman Paul Gallagher said.
In similar circumstances in 1996 and 1997, he said, all of the employees returned to full-time positions after the furlough.
"We do not expect to have any layoffs," Gallagher said.
Gallagher said the furlough is the result of the region's economic downturn. If economic indicators are correct, the company can expect business to pick up early next year.
Until then, employees can expect to be out of work from Dec. 1 until Jan. 2. They will be eligible for unemployment benefits, Gallagher said.
PS this was originally posted over on the FN Files
Remington Arms has made a significant impact on the economy of Herkimer County since it started in the area in the early 1800s. The village of Ilion currently boasts 8,700 residents.
Here's a link to another story in the local paper.
http://www.herkimertelegram.com/art...news/news02.txt