Remington reps say they won't accept sale offer - WSFA.com Montgomery Alabama news.

Remington reps say they won't accept sale offer

Posted: Updated:
Remington announced in February its intentions to expand the company to Huntsville. Remington announced in February its intentions to expand the company to Huntsville.
HUNTSVILLE, AL (WAFF) -

Less than a month after gun manufacturer Remington announced a multi-million-dollar project in Huntsville, company officials fended off rumors that it is about to be sold.

According to the Wall Street Journal, a company called Global Digital Solutions has made a $1.08 billion offer to buy Remington Outdoor Company.

Madison County commissioners said they have spoken to the company. Remington officials confirmed the offer was made, but said they have no intention of accepting it.

Remington is preparing to open a new facility in Huntsville by 2016, with the expectation of 2,000 jobs to be brought to the Rocket City within a decade of opening.

Copyright 2014 WAFF. All rights reserved. 

  • Remington reps say they won't accept sale offerMore>>

  • In-depth

    In-depth

    Friday, May 16 2014 4:09 PM EDT2014-05-16 20:09:59 GMT
    Expansion announcement Jobs beyond the plant Gun laws a factorMore >>
    Expansion announcement Jobs beyond the plant Gun laws a factorMore >>
Powered by WorldNow