A Connecticut gun maker is to be acquired by an out-of-state company, as Marlin Firearms is sold to North Carolina based Remington.
North Haven based Marlin was founded in the 19th century, and produces brands like Harrington and Richardson, as well as the Marlin name. One of its rifles was reportedly a favorite of sharpshooter Annie Oakley. Remington has a similarly storied history, and is the larger company. Remington itself was acquired earlier this year by private equity firm Cerberus Capital Management. â€“ the terms of the deal havenâ€™t been revealed. Neither company has commented on the future of Marlinâ€™s offices and manufacturing plant in North Haven, or its plant in Gardner Massachusetts. Marlin is thought to employ nearly 600 people. Its chairman has commented that the company wanted a partner that could take its brands into the next century.
Last year saw controversy in New Haven after the closure of the US Repeating Arms factory, which had made Winchester rifles for 140 years â€“ production of those was moved overseas.