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Powell Max Limited Congratulates Remington Firearms on its New Production from State-of-the-Art LaGrange Facility Newly Manufactured Model 700 Rifles and Model 870 Shotguns Expected to Reach U.S. Retail Channels Beginning This Fall

Globe Newswire•08/10/2026•06:00 ET
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Key Highlights

  • ➤Remington expects Model 700 rifles reaching U.S. retail channels this fall
  • ➤Remington expects Model 870 shotguns reaching U.S. retail channels this fall
  • ➤LaGrange facility advances Remington’s move toward full-scale production
  • ➤Powell Max acquired a 1.5% initial stake in Blackrod Holdings

Boca Raton, FL, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Powell Max Limited (NASDAQ:PMAX) ("Powell Max" or the "Company") congratulates Remington Firearms on its announcement that newly manufactured firearms from its new state-of-the-art facility in LaGrange, Georgia, are expected to begin reaching U.S. distribution and retail channels this fall.

The LaGrange facility represents a significant investment in Remington’s manufacturing platform, combining the heritage of one of America’s most recognized firearms brands with modern manufacturing technology, advanced production capabilities and a strong focus on quality, consistency and performance.

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