I’m sure they’re not going away but maybe they’ll learn to work smarter as well as harder.

http://www.al.com/news/index.s...ruptcy_gunmaker.html

I don't understand why... Their latest ventures, like the RPUS and R51, have all been such huge successes!

quote:

Originally posted by RogueJSK:
I don't understand why... Their latest ventures, like the RPUS and R51, have all been such huge successes!

Yup. From what I understand they switched the manufacturing of those items to Huntsvile for their re-launch but the damage had already been done.

1911’s made here too now.

Time for Remington to go back to basics for what they do well.

Rifles and shotguns.

On the other hand, for $150 bucks you can buy their .380 at the local fun store for giggles.

They've made nothing but shit recently. The Obama era panic buying probably kept them afloat. But now that's gone.

Hopefully the holding company will get broken up, and the brands and plants will get bought by owners who know what they're doing.

Referring to film studio executives, Jim Jarmusch once posed the rhetorical question of why he should accept film-making advice from some guy whose last job was running an underwear factory.

Why do I have the feeling that someone at Cerberus Capital Management used to be in charge of a factory that makes tube socks?

Such a shame to see a once great company destroyed by the short term profit investors. With so many small shops turning out great rifles, I'm not sure the name itself is worth much to purchase and turn around. The buyer is starting in a deep hole.

quote:

Originally posted by x0225095:

quote:

Originally posted by RogueJSK:
I don't understand why... Their latest ventures, like the RPUS and R51, have all been such huge successes!

On the other hand, for $150 bucks you can buy their .380 at the local fun store for giggles.

Kinda want one of those to see if I can make a baby 9mm out of it. Fun little project.

Don't forget about the infamous 105 CTI bottom ejection shotgun. After all the hype when it was introduced, it's out of production. One opening for feeding and ejecting. Good thing humans not designed that way.

Mine was sent back on recall, now its got the designation ii on receiver. Otherwise same pos. Great gun when it worked.

quote:

Originally posted by RogB:
Don't forget about the infamous 105 CTI bottom ejection shotgun. After all the hype when it was introduced, it's out of production. One opening for feeding and ejecting. Good thing humans not designed that way.

Mine was sent back on recall, now its got the designation ii on receiver. Otherwise same pos. Great gun when it worked.

Funny the Ithaca 37 has never had a problem with that... Its a Remington problem not a bottom ejection problem.

quote:

Originally posted by RogB:
Don't forget about the infamous 105 CTI bottom ejection shotgun. After all the hype when it was introduced, it's out of production. One opening for feeding and ejecting. Good thing humans not designed that way.

Both the Ithaca 37 and the Browning BPS function very well using bottom feeding and ejection. Remington has made a bunch of mistakes but that design feature wasn't one of them.

Masada...

Ez

quote:

Originally posted by Ezra:
Masada...

Ez

That was a big one. They could have sold a lot of rifles.

When I graduated from college (late 70’s) the folks who shot a semi automatic shotgun shot a browning or a Remington 1100. I had a 12 and my dad had a 12 & a 20, very reliable guns. Over the last several years Remington has brought out several semi auto shotguns none of them had half the following of the 1100’s. The 870 wingmaster is another Remington success story, wonderful pump shotguns. Remington dropped the wingmaster and brought out the 870 express, good gun but a but rough, took a bit to get that smooth action of the wingmaster and near as pretty a gun. So now Remington is in trouble maybe they should have stuck with products that work.

quote:

Originally posted by dwright1951:
Remington dropped the wingmaster and brought out the 870 express

Remington still produces the Wingmaster. It wasn't dropped. The Express was released as a cheaper/rougher alternative, not a replacement.

U.S. firearm manufacturer, Remington Outdoor Company, said it will file for Chapter 11 bankruptcy protection, but stay in business throughout the process.

"Difficult industry conditions make today's agreement prudent," said Jim Geisler, Remington's executive chairman, in a statement released by the company on Monday.

The company has been dogged by falling sales after one of its rifles was used in the Sandy Hook Elementary School massacre of 2012.

The restructuring will help the company to cut its debt by around $700 million and inject $145 million in new capital into its different units.

Remington said its business operations will not be affected by the restructuring.

Remington is owned by Cerberus Capital Management, but according to reports, once the restructuring process is over, the private equity firm will no longer own the company.

Remington could not immediately be reached to comment on its relationship with Cerebus in future.

Link

How will this affect Marlin?

I think their handguns suck and the accidental discharging of the Model 700 probably didn’t help their cause over the years.

The article just had to throw that horse shit in there.

quote:

The company has been dogged by falling sales after one of its rifles was used in the Sandy Hook Elementary School massacre of 2012.

I doubt if that had anything to do with it.

quote:

Originally posted by egregore:
The article just had to throw that horse shit in there.

quote:

The company has been dogged by falling sales after one of its rifles was used in the Sandy Hook Elementary School massacre of 2012.

I doubt if that had anything to do with it.

Wouldn't surprise me if someone in Remington would take that and run with it though. When it comes to dollars, people will always try to blame something and execs will try to divert the blame to something they couldn't have ever controlled.

The BK restructuring removes Cerberus. Wow.

Their upper management(Cerberus) would not let go of the company (Remington) b/c they were gun fans. But at the same time, they were Wall Street white socks. To their credit,...they suck.

Never let in someone who's bottom line is more important than their product. At least the BK judge listened to the Remington upper staff. They were probably miserable since Cerberus bought in. Hopefully, this means Remington emerges as a real gun company - as they should be.