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Message
Remington Bankruptcy
Posted on 7/1/20 at 10:23 pm
Posted on 7/1/20 at 10:23 pm
Posted on 7/1/20 at 10:26 pm to Stateguy
Probably could have been avoided if their guns were such complete pieces of crap now
Posted on 7/2/20 at 11:21 am to bbvdd
Quality aside.... Not really sure why a company like Remington would have factories in a state like NY that is mostly anti-gun with with high company tax rates.
They should have moved out of NY 15 years ago. Sounds like the collapse is just about complete.
They should have moved out of NY 15 years ago. Sounds like the collapse is just about complete.
Posted on 7/2/20 at 11:48 am to bbvdd
That's only part of it, the bigger part is that they've been the target of frivolous lawsuits by anti-gun groups for years. Some of you would do well to pay attention and do a bit of homework, if gun-control zealots can find a method of litigating a major gun maker out of business then they will go after the others one by one. This has been a stated, long-term plan for over 20 years, they can't win by getting the laws changed so they will kill gun manufacturers with thousands of small cuts in local courts.
This post was edited on 7/2/20 at 11:53 am
Posted on 7/2/20 at 12:02 pm to Stateguy
Am I the only one worried about the Navajo nation owning a gun company. Hopefully they are not still mad about the whole land grab small pox blanket shite that went on...
Posted on 7/2/20 at 12:34 pm to Ol boy
It might be the only option for them at this point, anything to shield from lawsuits.
Posted on 7/2/20 at 12:39 pm to Ol boy
I guess it's gonna be harder to play Cowboys and Injuns.
Posted on 7/2/20 at 1:23 pm to Tridentds
quote:
Quality aside.... Not really sure why a company like Remington would have factories in a state like NY that is mostly anti-gun with with high company tax rates.
They did. HSV AL
Posted on 7/2/20 at 1:24 pm to Stateguy
years in the making. goodbye, Rustington
ETA:
interesting
ETA:
quote:
As a sovereign nation under the Navajo Sovereign Immunity Act, the tribe is largely insulated against personal injury claims, which have to be filed in the Nation’s own courts, a factor that could help Remington in persistent civil filings.
interesting
This post was edited on 7/2/20 at 1:26 pm
Posted on 7/2/20 at 1:30 pm to Stateguy
Doesn't sound like the Navajo have a real good plan for Remington even if they buy it. The impression I get is they want a Fudd company with a handful of sniper rifles for LEO/MIL applications. Thats not going to be competitive in today's environment.
Posted on 7/2/20 at 1:37 pm to Carson123987
quote:
interesting
Would make the company immune from being sued under twisted interpretations of negligent entrustment. The PLCAA isn't broad enough and isn't strong enough, to easy a target for Democrats if they get control of Congress and White House again.
Posted on 7/2/20 at 1:42 pm to Kino74
quote:Rem needs more rails, pistol grips, 4lb scopes and modular stocks you true marksman baws are into nowadays.
Thats not going to be competitive in today's environment.
Posted on 7/2/20 at 1:43 pm to Kino74
quote:
Thats not going to be competitive in today's environment.
They weren't competitive with MSR's and handguns before. If they could get back into just making well finished, accurate bolt-guns, shotguns, and classic handguns like 1911's or a revolver then they could carve out a safe niche.
Posted on 7/2/20 at 1:48 pm to Kino74
quote:
The impression I get is they want a Fudd company
What's wrong with making bolt actions and hunting shotguns? There's zillions of AR rifles and handgun makers out there. Pick one and shut up. I'm excited that MAYBE we can get the quality Remington guns you used to get when they were owned by DuPont.
Posted on 7/2/20 at 1:56 pm to greenwave
quote:
They did. HSV AL
That seemed like a huge deal too
Posted on 7/2/20 at 2:17 pm to upgrade
quote:
I'm excited that MAYBE we can get the quality Remington guns you used to get when they were owned by DuPont.
I think if they want to get into anything to do with MSR's again, it should be quietly as a supplier of raw forgings. It's scalable and gives them less exposure as they would be supplying other manufacturers. The AR market moves too quickly and is too volatile to get invested in as a large OEM without government contracts. Colt is selling to the civilian market again but that is probably only temporary as demand is incredibly high. Remington used to be a solid name to get started into gun ownership and shooting/hunting, a solid bolt-action rifle handed down through several generations. That's something that doesn't go out of style, American walnut well finished and fitted to a deeply blued and polished barrel and receiver with a smooth action and trigger. It can be done with modern machines, with American materials and labor, but only by companies owned and managed by enthusiasts who care about the end product beyond a balance sheet. Savage, CZ, Ruger, Tikka...there is a path to success as these companies show.
This post was edited on 7/2/20 at 2:19 pm
Posted on 7/2/20 at 2:29 pm to Clames
I wonder what this means for Marlin and H&R. Internet reviews for newer Marlins were sounding positive again, like maybe they finally got settled in. I haven’t handled any of the Remlins of any year manufacture so I can’t say.
Posted on 7/2/20 at 2:42 pm to upgrade
I have a Remlin 336W and it's a fine gun for something that was sub $300. The finish is even, everything fits well, it shoots very straight. I've handled a few 1895SBL's to add a 45-70 to the collection and they seemed fine too, popular enough that they never stayed in stock anywhere long enough to go on sale so I could justify getting one on a whim...
There's a very good article out there explaining why Remington had so much trouble with Marlins, a lot of it was Marlins own fault too.
There's a very good article out there explaining why Remington had so much trouble with Marlins, a lot of it was Marlins own fault too.
Posted on 7/2/20 at 4:53 pm to Stateguy
How does a gun company go bankrupt in a time like this. ??
Posted on 7/2/20 at 5:28 pm to Clames
quote:
That's only part of it, the bigger part is that they've been the target of frivolous lawsuits by anti-gun groups for years. Some of you would do well to pay attention and do a bit of homework, if gun-control zealots can find a method of litigating a major gun maker out of business then they will go after the others one by one.
I don’t doubt what you’re saying is true in a sense, but Remington also shipped a bunch of rifles that went boom without a trigger pull, so let’s not pretend like they’re innocent victims.
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