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Vista Outdoors buys Remington ammo business

Posted on 9/28/20 at 2:54 pm
Posted by lsufan1971
Zachary
Member since Nov 2003
18274 posts
Posted on 9/28/20 at 2:54 pm
Vista is also the parent holding company for:

Bushnell
Federal
Weaver
Blazer ammo
RCBS
American Eagle
Simmons
Hoppe's



quote:

Vista Outdoor Inc said on Monday it would buy some parts of U.S. gunmaker Remington Outdoor Co Inc’s ammunition and accessories businesses for about $81 million.


quote:

“By rescuing the Remington ammunition businesses from bankruptcy, we will protect hundreds of jobs, support wildlife and habitat conservation and ensure that hunting and shooting sports enthusiasts can continue,” Vista Outdoor Chief Executive Officer Chris Metz said in a statement.

LINK
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64033 posts
Posted on 9/28/20 at 2:57 pm to
For some reason I thought Palmetto was doing this.
Posted by rb
Georgia
Member since Sep 2012
5633 posts
Posted on 9/28/20 at 3:06 pm to
Why can’t Remington remain solvent?
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 9/28/20 at 3:12 pm to
Bean counters.

You can't put out a shitty product in a market saturated with high quality budget priced items.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66432 posts
Posted on 9/28/20 at 3:17 pm to
quote:

For some reason I thought Palmetto was doing this.


Palmetto got H&R, AAC, DPMS, and Storm Lake
Vista got Remington Ammo
Ruger got Marlin
Franklin Armory got Bushmaster
Sierra got Barnes
Sportsman Warehouse got Tapco
Roundhill Group (who tf lol) got Remington Firearms
Posted by LSUlefty
Youngsville, LA
Member since Dec 2007
26453 posts
Posted on 9/28/20 at 3:24 pm to
Ammo is flying off the shelves. How can they not make it?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/28/20 at 3:28 pm to
quote:

Palmetto got AAC,
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64033 posts
Posted on 9/28/20 at 3:33 pm to
Will they still make .243 100gr corlokt for my big game rifle ?
This post was edited on 9/28/20 at 3:34 pm
Posted by lsufan1971
Zachary
Member since Nov 2003
18274 posts
Posted on 9/28/20 at 3:34 pm to
quote:

Ammo is flying off the shelves. How can they not make it?


Freedom Group the holding company ran it all in the ground. I am sure the ammo division was making money but the debt from the other sides of the business brought down the house of cards. Investment bankers could run the desert out of sand.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66432 posts
Posted on 9/28/20 at 3:36 pm to
Sierra, Ruger, and PSA are the only transactions worth caring about. the rest is just shite companies absorbing more shite products
Posted by bbvdd
Memphis, TN
Member since Jun 2009
25004 posts
Posted on 9/28/20 at 4:02 pm to
Two weeks ago I bought 3 Remington 700s from Walmart for $199 each.

I have sent one off to Long Rifles Inc to be blueprinted. One thing that I did not know is that the bolt on all newer 700s needs to be timed to the action.

Basically the wedge that are on the action that the bolt hits and pulls the spent brass out of the chamber don't hit each other. A few hundred rounds in the life of the weapon won't ever effect it most likely. The gun that I'm building for my son (the one sent off) will be shot a lot in F class matches so LRI will be timing it as well.

Here is the problem. The guys at LRI said that Remington have known about this issue and never did anything to fix it.
Besides that, they will rust sitting in a vat of cosmoline.

The company has two of the most iconic firearms in the history of firearm and they manages to screw them up.

Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 9/28/20 at 4:10 pm to
quote:

Ruger got Marlin






Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51415 posts
Posted on 9/28/20 at 4:54 pm to
My academy had the 870 a few months ago. Guy said don’t get it and went through the ways it was poorly manufactured
Posted by upgrade
Member since Jul 2011
13034 posts
Posted on 9/28/20 at 4:57 pm to
quote:

Ruger got Marlin


I hadn't heard that. But I like it
Posted by Clames
Member since Oct 2010
16581 posts
Posted on 9/28/20 at 5:24 pm to
quote:

Bean counters.



Somewhat, mostly frivolous lawsuits brought on by anti-gun groups and negligent individuals though. Remington is an example of what can happen to any firearms company, regardless of their products.
Posted by SpartanSoul
Member since Aug 2016
885 posts
Posted on 9/28/20 at 5:28 pm to
quote:

Sierra, Ruger, and PSA are the only transactions worth caring about. the rest is just shite companies absorbing more shite products


There's always a diamond in the rough. Tapco Galil mags are GTG. Kinda like ProMag HK93 mags.

But yes most of the rest is crap.

Hope Ruger does Marlin right.
Posted by RetiredSaintsLsuFan
NW Arkansas
Member since Jun 2020
1580 posts
Posted on 9/28/20 at 6:23 pm to
Where is Vista based at? Hopefully it is a US company and not some foreign company.
Posted by GREENHEAD22
Member since Nov 2009
19607 posts
Posted on 9/28/20 at 6:24 pm to
So roundhill has the rights to the 700, 870, 1100?
Posted by towgunner18
Madisonville
Member since Aug 2019
115 posts
Posted on 9/28/20 at 7:27 pm to
quote:

Where is Vista based at? Hopefully it is a US company and not some foreign company.


Vista is a spin off when ATK decided to restructure their holdings in like 2015.

Interesting that they sold off savage recently.

I’m too lazy to type out the whole history but the vista Wikipedia page looks to be correct from my quick scan of it.
Posted by CheEngineer
Louisiana
Member since Aug 2019
4234 posts
Posted on 9/28/20 at 7:38 pm to
quote:

Hope Ruger does Marlin right.


Same here I have always like Marlin & Ruger.
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