Kinetic Group Inc.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Ana Maria Mendez
- Full Time Employees
- 2
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- 2801 NW 74th Avenue Miami FL United States of America 33122
- IPO Date
- Oct 5, 2018
- CIK
- 0001696195
- Website
- knitgrp.com
- Similar Companies
- Business
- Kinetic Group Inc. (NYSE: KNIT) manufactures and distributes sporting ammunition, firearms, and related accessories through its portfolio of iconic brands. The company offers a comprehensive range of products including centerfire rifle and handgun ammunition, rimfire ammunition, shotshells, bulllets and components, and modern sporting rifles under brands such as Federal Premium, Remington, and others; it also provides reloading equipment, targets, and outdoor gear. Headquartered in Ridgway, Pennsylvania, Kinetic Group was formed in 2023 as the parent company following the acquisition of Remington by Roundhill Group LLC, with operations spanning the United States and select international markets serving hunting, shooting sports, and recreational shooting customers. In recent developments, Kinetic Group completed its initial public offering on the New York Stock Exchange under the ticker KNIT in late 2024, marking a significant capital-raising event to support growth initiatives. The company has expanded its manufacturing capabilities through investments in new production facilities and strategic enhancements to supply chain operations amid strong market demand for ammunition. Additionally, it continues to integrate legacy brands like Remington, acquired in 2021 by its predecessor entity, while launching updated product lines such as premium Federal Premium ammunition variants tailored for precision shooting and hunting applications.
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