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Old 08-04-2020, 06:57 AM
Nontypical Buck
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Join Date: Oct 2009
Location: Kansas
Posts: 3,667

Of interest, Remington has notified the New York State Department of Labor Worker Adjustment and Retraining Notification system that they may be laying off workers due to a plant closure in September. The notice claims all 717 of 717 total employees will be affected, and the workforce adjustment class is “possible plant closing/possible plant layoff.”

NY DoL WARN: Remington Notification if potential plant closure and layoffs

Searching the notification database for 2017 and 2018, there were no Remington notices on record for the previous bankruptcy filing - which largely makes sense, since the potential buyers were known.

Largely, this notification is assumed to be satisfying a requirement such they’re entering bankruptcy protection without an identified buyer, with expectation the company would fold in the next 60 days if a buoy isn’t found, either buyer or bailout.
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