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Started By
Message
re: Colt files bankruptcy
Posted on 6/14/15 at 7:00 pm to TigerOnThe Hill
Posted on 6/14/15 at 7:00 pm to TigerOnThe Hill
quote:
Eliminated from their line up full size 357 Mag revolvers (Trooper, Lawman, Python and Cobra).
The labor required for producing the old V-spring Python and Cobra action simply costs too much in the Northeast. The Mk action Trooper and Lawman would be more feasible, but even then costs might be more.
Ask yourself this: How many people do you know that would actually pay $2500 for a brand new Python? Or $1000+ for a Cobra?
This post was edited on 6/14/15 at 7:01 pm
2
Posted on 6/14/15 at 7:04 pm to weagle99
quote:
Ask yourself this: How many people do you know that would actually pay $2500 for a brand new Python? Or $1000+ for a Cobra?
Ask yourself this, why should it cost that much to produce those guns...
Posted on 6/14/15 at 7:05 pm to wickowick
'Murica
Posted on 6/14/15 at 7:10 pm to wickowick
[quote]Ask yourself this, why should it cost that much to produce those guns…
Only time will tell with what is being produced today, there lies the problem.
Good luck boys, I've got what I need and they are ultra dependable.
Only time will tell with what is being produced today, there lies the problem.
Good luck boys, I've got what I need and they are ultra dependable.
Posted on 6/14/15 at 7:22 pm to wickowick
quote:
Ask yourself this, why should it cost that much to produce those guns...
Those guns are gone for some of the same reasons the affordable 100% American sidelocks are gone. The hand fitting on the V-spring action is quite involved.
And we haven't even started to discuss the experience and skill needed to create a correct Python Royal Blue finish.
Nothing that Smith, Ruger, or any other American makers produce today is the equivalent to the Python in terms of intricacy and finish. The only modern gun that is available that rivals the Colt is the German Korth and they cost multiple thousands.
This post was edited on 6/14/15 at 7:25 pm
Posted on 6/14/15 at 7:25 pm to weagle99
quote:
Those guns are gone for some of the same reasons the old American sidelocks are gone. The hand fitting on the V-spring action is quite involved.
And we haven't even started to discuss the experience and skill needed to create a correct Python Royal Blue finish.
I did not realize they needed a ton of hand fitting
Posted on 6/14/15 at 7:30 pm to wickowick
The V-spring action does (Python, Cobra, Detective Special, etc). The 'Mk' action is more of a drop in proposition (Trooper Mk III, King Cobra, Anaconda, etc). What the Mk action gains from ease of manufacture it gives up in terms of precision and lockup compared to the V-spring.
Posted on 6/14/15 at 7:52 pm to wickowick
They wouldn't. Modern CNC and wire EDM technologies can make very precise parts with very high finish quality. The remaining tuning and timing could be handled easier.
Posted on 6/14/15 at 8:09 pm to I B Freeman
Smith and Wesson was in similar shape 15 years ago. Safe t Hammer bought them for 15 million in 2001. Smith and Wessons turn around has been pretty amazing. They have over 1400 employees and generate over $400 million a year in sales. I hope there is a similar turn around for Colt.
Posted on 6/14/15 at 8:11 pm to Clames
That is possible, and some have discussed that as a theoretical option.
But, where does Colt get the money for such equipment? Remember the company's owners saddled it with hundreds of millions of dollars of debt that is still on the books.
Another question to consider: How big is the market for premium 6 shot .357 Magnum revolvers in today's America?
Snub .38 revolvers for CC? Maybe, but how many other choices are out there of potion of the CC market that includes small autos now? Just read this board for a bit and you that hardly anyone is carrying a .38 DA.
I'm not trying to sound like a know it all, this is just a topic I have been discussing on boards for years.
But, where does Colt get the money for such equipment? Remember the company's owners saddled it with hundreds of millions of dollars of debt that is still on the books.
Another question to consider: How big is the market for premium 6 shot .357 Magnum revolvers in today's America?
Snub .38 revolvers for CC? Maybe, but how many other choices are out there of potion of the CC market that includes small autos now? Just read this board for a bit and you that hardly anyone is carrying a .38 DA.
I'm not trying to sound like a know it all, this is just a topic I have been discussing on boards for years.
This post was edited on 6/14/15 at 8:13 pm
Posted on 6/14/15 at 8:13 pm to weagle99
Ruger has all that equipment... I imagine there is a market along with the extremely high end 1911's. Just has to be in addition to more mainstream products.
Already have a good .357 Mag though.
I imagine there is a market along with the extremely high end 1911's. Just has to be in addition to more mainstream products. Already have a good .357 Mag though.
This post was edited on 6/14/15 at 9:01 pm
Posted on 6/14/15 at 8:15 pm to Clames
quote:
Ruger has all that equipment.
Ahh, the purchase option. Would be an interesting development to say the least.
Posted on 6/14/15 at 8:21 pm to weagle99
quote:
Ahh, the purchase option. Would be an interesting development to say the least.
There were rumors Colt was going to bring back a det. special LW model to compete with the j frames and Ruger LCR but it never happened.
Posted on 6/14/15 at 9:52 pm to I B Freeman
People leverage money, take out tons of cash, and leave the company to rot. Strangely enough, most companies cannot support huge debt loads unless sales are constantly increasing.
Posted on 6/14/15 at 10:40 pm to Tigah in the ATL
There's how Mittens makes his money.
Sad for Colt. They'll prolly send all those jobs to China.
Sad for Colt. They'll prolly send all those jobs to China.
Posted on 6/14/15 at 11:02 pm to weagle99
l
That's one of my points: Colt did not evolve w/ the market and methods of manufacturing. While other manufacturers evolved and stayed in the game, Colt did not. Instead of finding ways to remain competitive, one at a time they discontinued products because they could no longer make a gun at a competitive price the same way they had always made it. The market and methods of manufacturing change, but Colt did not.
quote:
iminated from their line up full size 357 Mag revolvers (Trooper, Lawman, Python and Cobra).
The labor required for producing the old V-spring Python and Cobra action simply costs too much in the Northeast. The Mk action Trooper and Lawman would be more feasible, but even then costs might be more.
That's one of my points: Colt did not evolve w/ the market and methods of manufacturing. While other manufacturers evolved and stayed in the game, Colt did not. Instead of finding ways to remain competitive, one at a time they discontinued products because they could no longer make a gun at a competitive price the same way they had always made it. The market and methods of manufacturing change, but Colt did not.
Posted on 6/14/15 at 11:13 pm to wickowick
quote:
They focused on selling guns to Uncle Sam and said frick the consumer. They did piss poor development on new guns and ran union plants in liberal states. Everything took a nip on their arse till they faded away...
The milk of the gov't tit sours quickly. Now, where's the union to save the day. F$%k those mother$%Kers. Time to move south and closer to the customer base anyway.
Posted on 6/15/15 at 6:42 am to SmackoverHawg
Wait, didn't they already claim to be moving to Florida, and Texas? Had to escape those libruhls up north?
texas
Whatever happened with That?
texas
Whatever happened with That?
Posted on 6/15/15 at 7:42 am to Mung
Now, that says " Colt Defense," not " Colt Manufacturing."
Those are different entities. The Civilian side, Colt Manufacturing, should be fine.
Those are different entities. The Civilian side, Colt Manufacturing, should be fine.
Posted on 6/15/15 at 8:26 am to Tuscaloosa
quote:
well marketed company
That should explain it for you. A lot of companies put their focus on marketing and growing so much they forget that they already have one of the best names in firearms and to do what they do best and not worry about the rest. Marketing and a lot of the other projects companies focus on now is causing a lot of people financial burden. All it takes is one or two bad ventures and the best can fall.
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