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Remington Arms Company Acquires TAPCO
Remington
Madison, NC –-(Ammoland.com)- Remington Arms Company, LLC (Remington), part of the Freedom Group Family of Companies, announced today it has acquired The American Parts Company Inc. (TAPCO).
TAPCO is a designer and marketer of American-made aftermarket accessories and replacement parts for handguns, rifles, shotguns, modern sporting rifles and other tactical firearms.
All aspects of the product development cycle are managed from within the company. State of the art computer aided design, rapid prototyping and extensive testing have allowed TAPCO to bring innovative and dependable products to the shooting marketplace.
“TAPCO has been in business for more than 25 years and has established market strength through its high quality U.S.-made products,” said George Kollitides, Chairman and Chief Executive Officer of Freedom Group. “This acquisition will enhance our positioning in the accessories market and allow us to further our research and development capabilities.”
“With the acquisition of TAPCO, Remington continues to demonstrate its commitment to the firearm parts and accessories business,” said Scott Blackwell, President of Freedom Group. “TAPCO is well-known as a leader in delivering innovative and dependable products to the shooting marketplace. We are excited about the breadth of the products they bring to our portfolio, and we look forward to utilizing our resources to ensure our consumers and OEM partners benefit from this important acquisition. We welcome TAPCO and its employees into our family of companies.”
TAPCO will continue day-to-day operations at its Kennesaw, Georgia, facility.
About Remington Arms Company, LLC
Remington Arms Company, LLC, (“Remington”) headquartered in Madison, N.C., designs, produces and sells sporting goods products for the hunting and shooting sports markets, as well as solutions to the military, government and law enforcement markets. Founded in 1816 in upstate New York, the Company is one of the nation’s oldest continuously operating manufacturers. Remington is the only U.S. manufacturer of both firearms and ammunition products and one of the largest domestic producers of shotguns and rifles. The Company distributes its products throughout the U.S. and in over 55 foreign countries. More information about the Company can be found at www.remington.com.
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