Gun Manufacturer Remington Files For Chapter 11 Bankruptcy Protection

KERNERSVILLE, NC - MARCH 26: A Remington RP9 9mm pistol sits for sale at Idol's Gun Rack gun shop on March 26, 2018 in Kernersville, North Carolina. Founded in 1816, Remington is one of America's oldest gun and ammunition manufacturers which now has filed for Chapter 11 bankruptcy protection partially due to an estimated $950 million in debt. (Photo by Brian Blanco/Getty Images)