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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The bankruptcy of the oldest US arms manufacturers

    Rocky
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    • Post n°1

    The bankruptcy of the oldest US arms manufacturers Empty The bankruptcy of the oldest US arms manufacturers

    Post by Rocky Mon 26 Mar 2018, 2:13 pm

    [ltr]The bankruptcy of the oldest US arms manufacturers[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-03-26 at 18:31 (Baghdad time)
    [ltr]The bankruptcy of the oldest US arms manufacturers 653653563355555[/ltr]
    [ltr]Follow - Mawazine News[/ltr]
    [ltr]RIMINGTON, the oldest US arms manufacturer, filed for bankruptcy, indicating that the demand is due to the accumulation of its debt and the volume of sales by about 30% in 2017, compared to 2016.[/ltr]
    [ltr]The US company, founded in 1812, does not intend to stop the production of weapons, but aims to file a bankruptcy request to reduce its debt by about $ 700 million.[/ltr]
    [ltr]The name of the company, "Remington" has been for two centuries on the throne of manufacturers of guns of various types, as it was working to secure the market for the sale of firearms in the country, as well as providing US troops with the required weapons.[/ltr]
    [ltr]Remington was one of the most important companies that pumped large quantities of weapons in the American Civil War and during World Wars I and II.[/ltr]
    [ltr]The Cerberus Cabital Managment Group, the current owner of Remington, intends to relinquish ownership of the company after bankruptcy.[/ltr]
    [ltr]It is noteworthy that the United States has recently witnessed marches demanding the tightening controls on the possession of firearms, against the backdrop of increased incidents of shooting in schools.[/ltr]


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