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Storm Lake barrels in Lenoir City closed?


Static_USMC

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Posted

Has to do with the bankruptcy of Remington.  Looks like an outfit named the Roundhill Group bought Storm Lake.  Roundhill specializes in manufacturing paintball guns.

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Posted

Their assets were bought by JJE Capital Holdings in the Remington bankruptcy proceeding last month along with AAC, H&R, Parker and a couple of others.

They're a private equity firm that has an ownership in Palmetto State Armory.

For what it's worth - while AAC's basic site is functional - their online shop is now behind a misconfigured login page.  Sounds like some bills aren't getting paid.

https://huntsvillebusinessjournal.com/lead/2020/09/29/hearing-today-in-bankruptcy-court-on-remington-break-up-sale/

  • Like 1
Posted
39 minutes ago, MacGyver said:

Their assets were bought by JJE Capital Holdings in the Remington bankruptcy proceeding last month along with AAC, H&R, Parker and a couple of others.

They're a private equity firm that has an ownership in Palmetto State Armory.

For what it's worth - while AAC's basic site is functional - their online shop is now behind a misconfigured login page.  Sounds like some bills aren't getting paid.

https://huntsvillebusinessjournal.com/lead/2020/09/29/hearing-today-in-bankruptcy-court-on-remington-break-up-sale/

Looks like my wait for a 51T brakeout just got a lot longer. LOL

Posted

Thanks for info.
I bought my first StormLake barrel for my 1911 race gun back in 87 and many more in my early years.  Moved to Tennessee from Wyoming In 06 and just found out that they were in Lenoir City about 5 months ago.  Small World.

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