Anyone else pick up on this today? Looks like several news agencies are covering the story. Aside from the news article, I haven't confirmed this with anyone at the Lonoke plant yet.

https://nypost.com/2020/06/26/...le-to-navajo-nation/

Sooooo, ammo and gun shelves are empty and gun and bullet makers can sell all they make, yet Remington is filing for bankruptcy.

They’re late to the CCW & tacticool rage. One only needs so many rifles for deer hunting, zombies are another matter.

Well, when you let freedom group fuck up the wet dream that was Remington it’s bound to happen.

Sold to the Navajo nation. Now that's interesting.

Not that I really care about Big Green's fate aside from wanting a V3 Tac 14.

C'est la vie.

Remington used to make some pretty darn good ammo. It was my favorite brand back in the last century, like late 1960s. They made first class ammo. Even their now shit 22s were good back then. If my dad wanted to make me happy, he'd just buy me a box of golden bullets. Not these days. A box of 50 will be lucky if you only get 2 or 3 misfires. Its just not top shelf (booze term) these days. I have a similar feeling about WW products. I kind of like CCI, but you pay top dollar for it. So I just don't plink it up.


Back in the day, like mid-1960s, I was happy for ammo that didn't go bang. The rich kids would just eject it on the ground and shoot the next round. And I was lucky, the dump operator either liked me or took mercy on my poverty. Of course I always checked in with him and tried to tell him which direction I'd be shooting. And it would be with a bolt action. Even back then he didn't like mag dumps. Guess it was because he was down range. It would have pissed me off, too. And he hated rats, go figure.

My first shotgun was a Remington 870. My dad was a Winchester man. It nearly broke his heart when his son picked an off brand. But he did admit my reason was to get the safety behind the trigger instead of out front. He agreed that was better. In recent years I even wanted a marine magnum. But after looking at one, I concluded the once fine brand was close to junk.

And they had a bunch of trouble with their 700s trigger doing bad things. I did own a 721 for a while. But I sold it because it was junk. Partly the scope installation was bad, and it was a very poor scope. If I look real close, I can still see the quarter moon between my eyebrows. Might have had to do with the non-standard stock, or the total lack of eye relief with the scope. But I'm too kind. The gun was just shitty.

So it doesn't surprise me they're going belly up. They'll use the protections of bankruptcy to escape their just obligations and cheat their creditors. It sure doesn't to their reputation any good with buyers. Particularly the end users who will feel used.

The legacy of the R51.

Sounds like the Remington bean counters messed up again.

I'm sure they waited until AFTER all the executive bonuses were paid to file.

quote:

Originally posted by Oat_Action_Man:

Not that I really care about Big Green's fate aside from wanting a V3 Tac 14.

New model, kinda like a SPAS-12???

Cool!

Had a choice a couple of years ago between a Mossberg 590 and a Remington 870. On a side by side, the Mossberg was clearly better made. I bought it.

Poor management, I couldn’t understand how Colt could get to that point either but it boils down to the same reason.

I haven't dug into the details, but I can guess it's the same old story: a company stripped to the bone and saddled with unsustainable debt by private equity.

^^^ How many times has that happened to Remington? I'm beginning to think that someone considers that a buisness model, and therefore thinks of Remington as one of the great success stories in buisness.

My thoughts exactly...WTF is wrong with their management?

quote:

Originally posted by jimmy123x:
Sooooo, ammo and gun shelves are empty and gun and bullet makers can sell all they make, yet Remington is filing for bankruptcy.

I know they have done it a couple times already,(bankruptcy I mean) but what a sad state of affairs for one of the biggest/oldest gun makers in our country.

Remington had Bushmaster and DPMS and bought the IP for the ACR, so they did have a basis for manufacturing what is selling today. Not that those are top tier brands, but still it's something. But now both seem to have been killed off. Guess it doesn't surprise me because I wouldn't buy either brand.

The Remington 1911's seem decent, but they were very late to the 1911 game, and with the resurgence of the 9mm, 1911's seem to be languishing. Even now I see Colt 1911's in stock at competitive prices and not selling. Almost tempted to pick up a Series 70 Stainless Gov't Competition for less than $1K at more than one LGS.

Remington cannot make a modern concealed carry or duty pistol to save their lives.

Quality on the lower priced shotguns and bolt actions is pretty bad too.

Too little, too late, declining quality which indicates a lack of investment in manufacturing (equipment, processes, people, training, etc.), underfunded R&D which can't come up with anything that actually works, etc.

The only part of Remington I might touch is AAC - really like their modular suppressors that can be configured into compact or full length depending on how much weight, size, and noise suppression you need. But now, might as well not bother as there are plenty of alternatives.

quote:

Remington cannot make a modern concealed carry or duty pistol to save their lives.

Quality on the lower priced shotguns and bolt actions is pretty bad too.

Yep... I've had Remington shotguns and rifles going back years and years. The newer stuff just isn't that good. If they want to survive they should concentrate on improving the quality of the core business: shotguns and rifles.
They should stay out of pistols.

If they were smart, they'd shut down all gun manufacturing and concentrate on ammunition. I'd bet that's much more profitable.

Their first step in the bankruptcy process should be to fire everyone who had anything to do with the R51 and RP1.