Remington Bankrupt?

[vectorsc]

I think at this point a Pakistani made short sword has more hallmarks of quality than the latest Remington guns. This couldn't have happened to nicer folks.

[CS1983]

I think at this point a Pakistani made short sword has more hallmarks of quality than the latest Remington guns. This couldn't have happened to nicer folks.

The problem with laurels is they make a horrible bed.

[MarkCO]

Based on the fact that all three of my top level executive and all three of my engineering contacts at Remington left this year...I would say they are in trouble.

The QC has declined in some (not all) of their product lines as well. They had some serious QC issues in some lines, others were minor. But being behind the curtain, it sure looked to me like apathy more than anything else. Bean counters over-ruling designers, marketers and engineers is never a good strategy from a health perspective. Yes, they built a new factory in Alabama for ammunition production.

All that said, the moves they have made in the past 5 years make them ripe for a buyout, which the owners may in fact have done on purpose. They are also well positioned for a buy and sell off of the profitable lines while liquidating those losing money. Also realize it is not just "Remington" but also Bushmaster, AAC, Marlin, H&R, Dakota Arms, Para, Parker, Tapco, and Barnes. Remington itself could easily be considered to be 4 different entities in how it is structured. Remington long guns are not going to cease production anytime soon. But some of their other lines I will bet get hacked. I am already seeing the price drops at distributor level in a few lines. They ran a 35% off parts and accessories sale over Thanksgiving week.

[Irving]

I'd have one. Probably make a big distance in 3-gun, says a guy whose never shot 3-gun.

[MarkCO]

I'd have one. Probably make a big distance in 3-gun, says a guy whose never shot 3-gun.

And guys who have never shot 3Gun have already brought them up...puts you in Open, and it is still slower than the M2s we use in Tactical/Limited. So if you like a gun that is going to handicap you significantly in the fastest division, sure thing. Most decent 3Gunners put 8 in their shotgun in around 4 seconds and we can load 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, or 12 as needed. With the 870DM, you get 3 or 6 rounds, no select load ability (needed) and are still slower. To me it is the biggest dud Remington has ever come out with and illustrates a one step back mentality.

[CS1983]

Why not a belt fed (right to left feed) pump shot gun?

[Ridge]

https://www.nbcnews.com/news/us-news...ruptcy-n847316

[MarkCO]

But it ain't about Sandy Hook or Trump...they have been on life support for a long time.

[.455_Hunter]

Who would have thought that buying successful gun companies, closing the original factories, firing 95% of the original workforce, consolidating all manufacture at one common facility and "streamlining" production with modern industrial techniques (MIM, matte finish, polymer parts) would NOT be successful???

[Irving]

That might never have been the point. I believe that buying companies, liquidating assets, then letting them close is a thing. I've no knowledge of this incident, just throwing that idea out there.