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Press Releases

FOR RELEASE Tuesday, June 2, 2015

Greg Dennison joins ADG

Elizabethtown, KY - Atlas Development Group is pleased to introduce Greg Dennison as President of the Ammunition Business Unit. With a Master’s degree in Mechanical Engineering and vast experience gained at the Naval Ordnance Station, Remington Arms Company, LLC, and most recently TrackingPoint, Inc., Greg will lead ADG’s initiative to produce premium ammunition components and provide unequalled ammunition engineering consulting services.

Greg’s 25 years of industry experience spans the full spectrum of ammunition design and integration with a large variety of weapon platforms. He has worked with projectiles ranging from non-toxic birdshot to .17 caliber varmint bullets to 155mm Naval rounds. Having held lead roles in ammunition programs such as the .260 Remington, the Remington Ultra Mag and Short Action Ultra Mag families, .17 Fireball, 6.8 SPC, and Remington AccuTip Slugs, Greg is no stranger to complete cartridge development from the initial concept to commercial packaging at the ammunition plant. Greg brings unparalleled knowledge and experience in the application of ammunition process development, tooling design, and load development. He is an industry expert in interior, exterior, and terminal ballistics. With a deep understanding of the interaction between rifle and cartridge systems, Greg was a key player in winning the USSOCOM Precision Sniper Rifle contract (MK 21) for Remington Defense along with its tailored .338 Lapua Magnum load, the MK 330 Mod 0. Most recently, Greg further leveraged and developed his unique experience as Director of Shooting Solutions for TrackingPoint. There he worked with highly advanced Precision Guided Firearm integrated systems consisting of the firearm, ammunition, electro-optical range finding scope, and electro-mechanical fire control.

Greg can be reached at greg@atlasdg.com or (270)-900-4500 x702

About Atlas Development Group, LLC: ADG is an employee owned company based in Elizabethtown, KY. Starting operations in 2015, ADG specializes in providing the firearms and ammunition industry with professional consulting services, technology development, and OEM manufactured products. Please visit www.atlasdg.com.

Press Contact:          

M. Brent Jarboe | Chief Executive Officer

cid:image001.jpg@01D03BD7.2E309E50

Atlas Development Group, LLC

P.O. Box 1895, Elizabethtown, KY  42702
O:  (270)-900-4500 x700     C:  (270) 268-0943
brent@atlasdg.com          www.atlasdg.com

 

FOR RELEASE Tuesday, May 12, 2015

Place matters in economic success

http://www.thenewsenterprise.com/content/place-matters-economic-success

When I moved to Elizabethtown in the 1970s, I immediately felt connected to this community. I saw right away that this was a place with so much to offer, all driven by people who truly cared.

I still recall when my child's principal knew who I was and where I worked even though we had never met. I was blown away, but that's just the sort of thing that turns a city into a quality community.

Our landscape has changed in the last 40 years, but that quality of place still holds true. In fact, it is part of the reason four of my five children chose to stay here to build careers and raise families.

Another testament to the importance of our quality of place is one of Central Kentucky's newest companies, Atlas Development Group. This business grew not only from its founders' passion for their work - engineering in the firearms industry - but also from a love of their home.

ADG CEO Brent Jarboe and others formed the company when their employer decided to leave Elizabethtown and consolidate operations elsewhere. They had the option of following their jobs to another state, but they couldn't imagine packing up and moving.

"It was a good company," Jarboe said of his former employer, Remington Arms. "Unfortunately, it just left the place we call home."

Jarboe and the other founders combined more than a century of experience when they formed ADG. Their goal is to become a Kentucky-based consultant and manufacturer of firearms and ammunition components for military and recreational use worldwide.

While they have the know-how and experience to develop their products and services, they knew very little about launching a business.

"We're engineers. We're pretty smart guys. But from a business perspective, dealing with a lending institution, for example, is not something we did on a daily basis," Jarboe said.

ADG reached out to Rick Games, president and chief operating officer of the Elizabethtown-Hardin County Industrial Foundation. With extensive knowledge of business resources throughout the state, Games put the engineers in touch with professionals from the Cabinet for Economic Development and the Small Business Development Center in Elizabethtown.

The SBDC helped the team with business planning. The Cabinet for Economic Development offered support through the Kentucky Small Business Credit Initiative, leading to a loan from First Citizens Bank of Elizabethtown, which helped ADG move forward. ADG also received a low-interest loan through the Lincoln Trail Area Development District based on the company creating jobs in the area.

In addition, the industrial foundation provided office space for the company at its incubator.

"We want to help ADG become successful," Games said. "Retaining that talent is the right thing for the industrial foundation, the other supporting organizations and our overall community."

The company also is working with the Elizabethtown office of the Kentucky Innovation Network, which offers a number of other small business resources.

ADG has ordered manufacturing equipment and plans to move into its own facility by the end of the year. It also plans to hire 18 additional employees.

ADG's story absolutely showcases what we're doing right to attract entrepreneurship. At the local, regional and state level, I'm proud of the support offered to encourage innovation and investment.

Still, it's more than business resources. I'm thrilled about ADG's founders' desire to stay in Kentucky. While mostly Kentucky natives, two ADG founders had followed Remington Arms from other states and they now call Elizabethtown home.

Central Kentucky offers such a high quality of life - from the low cost of living to our wonderful schools and churches to our excellent regional healthcare system. And our strong sense of community only makes our roots here stronger.

That sense of community came up at the recent ribbon cutting and expansion announcement at Hendrickson in Elizabethtown. Company leaders said they always have felt welcome here. And the high level of local involvement - from business resources to the crowd at the recent ribbon cutting - reinforces their decision to invest in our area.

That's a result of the hard work of our economic development, business and education partners and our workforce. But I have no doubt that kind of praise also is a reflection of an entire community.

Edna Berger is mayor of Elizabethtown and a member of the Lincoln Trail Workforce Investment Board.

 

FOR RELEASE FRANKFORT, KY. - April 16, 2015

Ammunition developer launching operation in Central Kentucky

http://www.lanereport.com/47140/2015/04/ammunition-developer-launching-operation-in-central-kentucky/?utm_source=Faster%20Lane%20Newsletter&utm_medium=Email&utm_campaign=april-16-2015

Engineers decide to form their own company after employer decides to move out of state; Commonwealth and locals pitch in to help.

 

FOR RELEASE Apr 16, 2015

Former Remington Arms engineers launch startup for firearms industry

http://www.bizjournals.com/louisville/news/2015/04/16/former-remington-arms-engineers-launch-startup-for.html

 

FOR RELEASE Saturday, March 28, 2015

New firearms firm gets state support

http://www.thenewsenterprise.com/content/new-firearms-firm-gets-state-support

A firearms and ammunition product development company based in Elizabethtown will receive $315,000 in state incentives for creating up to 18 jobs. Including benefits, the jobs are expected to earn an average of $32 an hour, according to the state.

The proposal from Atlas Development Group described its $2.9 million investment to produce ammunition cartridge cases.

Atlas, which formed in January, is headed by Brent Jarboe and operates with much of the same leadership formerly directing the Remington Arms Research and Development Technical Center in Elizabethtown.

The incentive package was one of 14 approved Thursday during a meeting of the Kentucky Economic Development Finance Authority's board.

 

FOR RELEASE Tuesday, January 13, 2015 at 6:00 am

Former Remington employees launch new company

Planning began after relocation announcement
By Anna Taylor

http://www.thenewsenterprise.com/content/former-remington-employees-launch-new-company

A new firearms and ammunition product development company is preparing to launch in Elizabethtown under much of the same leadership as Remington Arms Company Research and Development Technical Center on Ring Road.

Atlas Development Group LLC officially announced its launch of operations Monday.

According to CEO Brent Jarboe, the company initially will focus on providing firearms and ammunition industry consulting, technology development and original equipment manufacturing.

Atlas currently is comprised of five former Remington engineering professionals, representing more than 110 years of combined industry experience. These individuals were largely responsible for the engineering and product development success of Remington Defense products in recent years, according to a news release.

The founding members voluntarily separated their employment Friday from Remington to launch Atlas.

Jarboe said two more employees are expected to join in July and by the 18-month mark, they hope to grow the company to 20-30 more employees in manufacturing.

Jarboe said when Remington announced in February 2014 it would be moving its operations to Huntsville, Alabama, he knew relocating was not in his future.

"Being a native Kentuckian with pretty deep roots in the area, relocating wasn't an option for me," Jarboe said.

Jarboe and his team members have been planning for Atlas with weekly meetings since February.

"There were others in a similar situation and I approached them with an idea," he said.

Jarboe has more than 20 years of industry experience with 19 years credited to Remington. He said if Remington never announced plans to relocate, he likely would have retired from the company.

"I have a lot of passion for it and decided I wanted to continue working in (the industry)," he said.

Although Remington never announced an official date for its final transition to Huntsville, Jarboe said he predicts it to be completely relocated by the end of the year.

Atlas launched this month because Jarboe said the team wanted to be separate from Remington during a big industry trade show known as SHOT from Jan. 20-23.

The company is planning to network with potential clients at the trade show in Las Vegas, Nevada.

Atlas consulting services plans to offer a full range of product development expertise including design vetting, mechanical design and engineering, industrial design, materials and coating engineering, product testing and manufacturing implementation. OEM products are offered to select clients with a high degree of anonymity, the release states.

With its more than 110 years of industry experienced combined across employees, the new company is made up of a strong team, Jarboe said.

"Each one of us has a particular skill set," he said. "...We're people who have taken designs from paper to the selling point."

The idea for Atlas is for everyone to continue what they have been doing at Remington, just on a smaller scale at first.

In 18 months, Jarboe said the company would like to have its own branded products and in-house designs.

"This will be our opportunity to put some of our designs and ideas into something," he said.

The business currently is operating out of the Elizabethtown Industrial Foundation building and will move to Suite 150 of the new EIF building at 233 Ring Road in February.

The company website, >www.atlasdg.com, will be fully operational prior to SHOT.

Jarboe said everyone at Atlas has maintained a great relationship with Remington and they have been "refreshingly encouraging."

"Unfortunately, geography is going to prevent us from continuing with them," he said. "... It's a bittersweet day. None of us wish them any ill will at all."

Jarboe said they have offered Remington to be their first customer if they need something done.

"We know where our roots are," he said. "It's unfortunate, but in the end, it's business."

Anna Taylor can be reached at 270-505-1747 or ataylor@thenewsenterprise.com.

 

FOR RELEASE 12:00AM JANUARY 12, 2015

Atlas Development Group, LLC:  New Name, Over a Century of Combined Firearms and Ammunition Product Development Experience

Elizabethtown, KY, January 12, 2015:  Atlas Development Group, LLC (ADG) announces the official launch of operations.  ADG will initially focus on providing firearms and ammunition industry consulting, technology development, and OEM manufacturing. 

ADG is comprised of several former Remington engineering professionals, representing over 110 years of combined industry experience.  These individuals were largely responsible for the engineering and product development success of Remington Defense products in recent years.  The founding members voluntarily separated their employment from the Remington Arms Company Research and Development Technical Center on January 9, 2015 to launch ADG.

ADG will be providing engineering consulting, technology development, and OEM manufactured products to the industry starting immediately.  ADG consulting services offer a full range of product development expertise including design vetting, mechanical design & engineering, industrial design, materials and coating engineering, product testing, and manufacturing implementation.  OEM products are offered to select clients with a high degree of anonymity.  

The company website (www.atlasdg.com) will be fully operational prior to the SHOT Show and contains additional information on the product offerings, motivation, and the people driving the company forward.

About Atlas Development Group, LLC:  ADG is a company based in Elizabethtown, KY.  Starting operations in 2015, ADG specializes and provides the firearms and ammunition industry professional consulting services, technology development, and OEM manufactured products.    

Press Contact:  M. Brent Jarboe, CEO

brent@atlasdg.com

(270)-900-4500 x700