Buck Knives’ new licensing agreement with Remington Outdoor Co. could create a “signficant revenue stream” for the Post Falls manufacturer, a company official said.
Remington-branded knives will be made at the company’s Post Falls factory and sold by Buck Knives, which will pay royalties on the sales.
“Now we’ll have two different brands – the Buck brand and the Remington brand,” said CJ Buck, the company’s chairman and chief executive. “That’s two iconic, American brands that deliver solid and affordable products to outdoorsmen.”
Buck said Donald Trump’s presidency has renewed consumers’ interest in buying American-made products. The licensing agreement will help Buck Knives expand its reach in the outdoor sporting knives’ market.
“We look forward to a great partnership with Buck Knives,” Jordan Davis, Remington’s vice president of marketing and business development, said in a news release.
Remington Outdoor Co. is a subsidiary of Remington Arms LLC, which is better known for its firearms. The privately held North Carolina company is one of the largest domestic producers of ammunition, shotguns and rifles.
Buck Knives is remodeling part of its factory to produce the Remington-branded knives. But it’s too soon to tell whether sales of Remington knives will lead to additional hiring, Buck said.
Buck Knives employs about 300 workers at it Post Falls’ factory.
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