ILION, N.Y. (AP) -- Remington Arms says it will add 100 jobs by the end of next year as it undergoes a multimillion dollar renovation.
Elected leaders and company officials say the $10 million renovation of the company's Mohawk Valley factory will help secure the 200-plus-year-old company's future and boost economic development in the area.
The Empire State Development Corp. is providing a $1.5 million grant to help with the project.
More than 1,000 people currently work at the Ilion gun-manufacturing plant, which dates back to the early 1800s.
Cerberus Capital Management acquired Remington Arms -- now based in North Carolina -- in April 2007, raising concerns at the time about the Ilion plant's future.
