Remington Arms is a firearms company whose heritage spans over two centuries. The company was founded by Eliphalet Remington in 1816, in IIion, NY. As, any company Remington has experience epic heights and devastating lows as a company. Realizing and producing an iconic Remington 870 shotgun and Model 700 bolt-action rifle. Remington has also face the terrible lows of bankruptcies. The latest Chapter 11 filing and company restructuring occurred back in 2018.