Foundation Wellness history

Remington Rand began selling its first electric shaver, the model E Close Shaver, in 1937.

The Remington Dual, the company's first two-headed shaver, was brought out in 1940, followed the next year by the Foursome, the first multiheaded shaver with a trimming head.

1942: Company sells its two-millionth rifle.

Introduced in 1950 to replace the Model 31, it has been produced in a vast number of variants and is still in production.

He joined Lever Brothers as a management trainee in 1951 and drifted into sales when he stepped in for an injured salesman, working his way up to various marketing management positions.

In 1955 Remington Rand merged with Sperry Corporation, becoming Sperry Rand Corporation. It was also during this period that retired General Douglas MacArthur, after giving up on his political ambitions in 1952, served as chairman of the company.

In 1955 Remington Rand merged with Sperry Corporation, becoming Sperry Rand Corporation.

In 1960 it introduced the first cordless shaver, the Lektronic, which relied on rechargeable nickel cadmium energy cells.

Introduced in 1962, the Model 700 rifle was the latest technological advancement in a series of Remington bolt-actions, one that employed a round-­profile action.

While many variants exist, it also introduced another successful Remington product—the 7mm Remington magnum. — 1963 Model 1100 Autoloading Shotgun 20 Gauge In Production

In 1968 he bought the Benrus Watch Corp. and became the company's chief executive officer.

1969: Power tool business is sold to DESA Industries, Inc.

Remington produced one million within the first decade. It even has been dubbed the best-selling autoloading shotgun in history. — 1970 Model 3200 Over/Under Shotgun 12 Gauge Discontinued

1979: Electric shaver business is sold to Victor Kiam, who forms Remington Products Incorporated.

In 1981 the company made its first venture into the retail market when it opened a company store in New Haven, Connecticut.

By 1986, Remington's annual revenues had plummeted to a discouraging $200 million.

In 1987 Remington Products acquired the Fransus Co. to expand into the travel appliance and travel accessory business.

Kiam remained as nominal chairman of the board but he no longer ran the company, which was reorganized as Remington Products Company, L.L.C. Vestar was started by seven founding partners in 1988, run by CEO Dan O'Connell.

Then Kiam's image suffered greatly after he got caught up in a well-publicized incident after several Patriots players taunted a woman sportswriter named Lisa Olson in the team locker room in September 1990.

Kiam faced further difficulties in 1991 when Murray exercised an option in the Patriots deal that allowed him to leave after three years with a guaranteed profit of $13 million on his $25 million stake, forcing Kiam to come up with $38 million in a matter of weeks.

In 1992 Remington further broadened its product line when Du Pont placed its Stren brand of fishing line and other fishing products within Remington's purview.

1993: Du Pont sells Remington to Clayton, Dubilier & Rice, Inc., a private investment group.

Victor Kiam sold his controlling interest of Remington in 1994 to Ike Perlmutter.

Also, the Remington Shooting School opened in 1995, near the company's plant in Ilion.

Opened in 1996, it was initially staffed with about 60 employees.

In January 1997 Vestar brought a new management team to Remington Products, headed by a former executive at Clorox, Neil DeFeo, who also had 25 years of experience with Procter & Gamble.

The first quarter of 1998 showed positive results from the introduction of new products.

In the meantime, the gun industry made a bit of a comeback in 1999 when demand for guns surged for the first time in several years, enabling gunmakers to increase their revenues through price increases--Remington boosting its prices from 2.5 to 5.5 percent.

In January 2000 the company reorganized into two operating divisions: Remington Shaving and Grooming, and Personal Care and Wellness.

By mid-2001, however, no deal had been completed to either sell the company or take it public.