NEW YORK: US gunmaker Remington filed for bankruptcy protection on Sunday, a day after marchers swarmed US cities nationwide to call for greater regulation of firearms. But the hard times now facing gun companies began in Nov 2016. Massive discounting and deep layoffs at firearms companies soon followed. (AFP photo)Headquartered in North Carolina, Remington dates to 1816, making it one of the nation's oldest gunmakers. Headquartered in North Carolina, Remington dates to 1816, making it one of the nation's oldest gunmakers.

Source: New Strait Times March 27, 2018 02:26 UTC