Expansion likely to create jobs beyond those of Remington - wistv.com - Columbia, South Carolina

Expansion likely to create jobs beyond those of Remington

An economist said Remington's 2,000 jobs likely will not be the only ones created in the area. (Source: MGN Online) An economist said Remington's 2,000 jobs likely will not be the only ones created in the area. (Source: MGN Online)
HUNTSVILLE, AL (WAFF) -

Remington Outdoor Company's announcement that it will expand operations to the Huntsville area also brought the promise of 2,000 jobs over the next decade. But the impact on the jobs situation in the Rocket City goes beyond just the plant.

A local economist said this is a long-term investment, and that's why, he says, you really need to triple the number of jobs this will really create in the Tennessee Valley.

Dr. Tom Pieplow said Remington's presence will have a positive impact in the home building and construction sector. He said it will also have a major impact on consumer goods – that means more grocery stores, restaurants, and even schools.

He said the real unknown factor is how many suppliers partner with Remington on specific pieces to their firearms. If the number is large, we could be looking at more than the original 6,000 primary and secondary job estimate.

"In a lot of instances, they're not manufacturers, they are assemblers. They are dependent upon a stream of second and third-tier suppliers coming together, whether it be with the raw steel, trigger mechanisms, or stocks," Pieplow said.

Remington CEO George Kollitides said they plan on manufacturing new products at the Huntsville facility. He did not go into specific detail on what that is because he said the goods are not available for consumers yet. He also declined to comment on whether any of those supply companies would also be expanding to Huntsville with Remington.

Remember, when breaking news happens, we break it first online, by email, and by text. If you want to receive our breaking news alerts by text, pull out your phone right now and text NEWS to 44848. Message and data rates may apply. You can text STOP at any time to cancel your subscription, text HELP for more information, or call 877-571-0774 for support.

Copyright 2014 WAFF. All rights reserved. 

  • South Carolina news on WIStv.comNEWSMore>>

  • School shooting may not bring change to gun-loving Texas

    School shooting may not bring change to gun-loving Texas

    Monday, May 21 2018 12:52 AM EDT2018-05-21 04:52:04 GMT
    Tuesday, May 22 2018 12:37 AM EDT2018-05-22 04:37:05 GMT
    (Elizabeth Conley/Houston Chronicle via AP). A billboard is seen off of I-45 near Santa Fe, Texas, where a student shot and killed eight classmates and two teachers at Santa Fe High School.(Elizabeth Conley/Houston Chronicle via AP). A billboard is seen off of I-45 near Santa Fe, Texas, where a student shot and killed eight classmates and two teachers at Santa Fe High School.

    The shooting suspect, 17-year-old Dimitrios Pagourtzis, has been jailed on capital murder charges.

    More >>

    The shooting suspect, 17-year-old Dimitrios Pagourtzis, has been jailed on capital murder charges.

    More >>
  • Artist Robert Indiana, known for 'LOVE' series, dies at 89

    Artist Robert Indiana, known for 'LOVE' series, dies at 89

    Monday, May 21 2018 9:12 PM EDT2018-05-22 01:12:35 GMT
    Tuesday, May 22 2018 12:34 AM EDT2018-05-22 04:34:05 GMT
    Robert Indiana, best known for his 1960s LOVE series – including the shown sculpture in John F. Kennedy Plaza in Philadelphia – died from respiratory failure Saturday, May 19, 2018. (AP Photo/Matt Rourke)Robert Indiana, best known for his 1960s LOVE series – including the shown sculpture in John F. Kennedy Plaza in Philadelphia – died from respiratory failure Saturday, May 19, 2018. (AP Photo/Matt Rourke)
    Robert Indiana, best known for his 1960s LOVE series – including the shown sculpture in John F. Kennedy Plaza in Philadelphia – died from respiratory failure Saturday, May 19, 2018. (AP Photo/Matt Rourke)Robert Indiana, best known for his 1960s LOVE series – including the shown sculpture in John F. Kennedy Plaza in Philadelphia – died from respiratory failure Saturday, May 19, 2018. (AP Photo/Matt Rourke)

    Artist Robert Indiana, best known for his 1960s LOVE series, has died at his home in Maine.

    More >>

    Artist Robert Indiana, best known for his 1960s LOVE series, has died at his home in Maine.

    More >>
  • Asian markets mostly lower after Wall Street gains

    Asian markets mostly lower after Wall Street gains

    Monday, May 21 2018 10:12 AM EDT2018-05-21 14:12:11 GMT
    Tuesday, May 22 2018 12:33 AM EDT2018-05-22 04:33:32 GMT
    (AP Photo/Mark Lennihan, File). FILE- In this May 10, 2018, file photo, the opening bell hangs above the trading floor at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, May 21.(AP Photo/Mark Lennihan, File). FILE- In this May 10, 2018, file photo, the opening bell hangs above the trading floor at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, May 21.
    Stocks are climbing on Wall Street and overseas after the U.S. and China said they made progress in trade talks.More >>
    Stocks are climbing on Wall Street and overseas after the U.S. and China said they made progress in trade talks.More >>
Powered by Frankly