Remington Files for Bankrupcy

[VTski4x4]

Guess things were worse than they led on.

Exclusive: U.S. gunmaker Remington seeks financing to file for bankrup

 

[Palladin]

Wow

 

[Golddiggie]

Maybe they shouldn't have purchased all those other gun companies over the past few/several years.

 

[mac1911]

Maybe they shouldn't have purchased all those other gun companies over the past few/several years.

Its a shame and now some of those entry level models are sure to vanish. Could have been freedom groups plan from the get go....run on high until the bubble burst. Meh only putting our mediocre shit anhways

 

[Coyote33]

Are they the ones who bought out NEF? I hope someone will come along and buy that company back again.

 

[CoastieRon]

Bring on the sales...

 

[mac1911]

Are they the ones who bought out NEF? I hope someone will come along and buy that company back again.

I think marlin picked up NEF and HRA before cerbus/freedom group bought marlin out.

 

[slap shot]

guess i'll never see that golden bullet rebate...

 

[Waher]

I hope they reorganize down south and give NY the finger. No reason they can't be a profitable company when upstarts like Henry are doing just fine.

 

[KBCraig]

And they were just about to perfect the R51, too.

 

[boilermaker]

And they were just about to perfect the R51, too.

It was just about to turn its life around

 

[amm5061]

I think marlin picked up NEF and HRA before cerbus/freedom group bought marlin out.

Yup, Marlin bought them and then Remington bought Marlin and they all went to shit.

 

[Spanz]

remington bought marlin? Crap, i did not know that.

feel sorry for people who sent back their rifles for recall work....will they ever get them back now?

 

[groundscrapers]

their booth was in sad shape at shot. Lots of expensive failed launches and poor management led them there...

 

[Coyote33]

What they need is a good, basic product. Pick a bolt rifle for starters. Simplify, look at your success there, and see what the competition is doing. Then beat them in quality and price. Not easy, but that's where it's at.

 

[Shawnyc]

Dang, I thought adding a mag to the 870 was going to make-em rich.

 

[enbloc]

We Need More, Innovative, American Firearms Manufacturers.

 

[Koolmoose]

What will happen to the 870? Will Mossberg come to dominate the pump combat shotgun market?

 

[Frizzle Fry]

How many barely-function pistols do you have to make before you run out of money?

 

[arcticzr600]

What will happen to the 870? Will Mossberg come to dominate the pump combat shotgun market?

Stevens or someone will pick up the design like some Ithacas?

 

[Path-Finder]

This is sad. I own several Remingtons from before they went downhill. Always wanted a bdl in 7mm mag. I hope Marlin doesn't disappear now too.

 

[ThePreBanMan]

My couple of Remy long guns are of inferior quality. I think anyway.

 

[Zappa]

Wow

You really didn't see that coming ???

And they were just about to perfect the R51, too.

For a $200 gun, at least it looks slightly better than a Hi Point.

What will happen to the 870? Will Mossberg come to dominate the pump combat shotgun market?

There are copies of the 870 out there, for less money, that I'm sure will continue to sell in profitable quantities.

Stevens or someone will pick up the design like some Ithacas?

Good point, they hold the designs for the Ithaca Mag 10, which was slightly updated to become the Remington SP10. That thing is a beast of a goose gun, but they don't sell in huge numbers because not many people want a thousand dollar shotgun that weighs 11 pounds.

This is sad. I own several Remingtons from before they went downhill. I hope Marlin doesn't disappear now too.

I have a few old Remmys myself, a pair of 870's and a model 600 in .308, that's all I need from them, and I don't foresee ever buying another new Remington product again in my lifetime.

My couple of Remy long guns are of inferior quality. I think anyway.

You must have bought them new within the last 6 or 7 years, that's about when I noticed the quality going downhill. The 870's with the plastic triggerguard are junk. I looked at a new one last year to give as a high school graduation gift to a cousin (who lives 100 miles north of me) and decided he'd be better off with one of my rarely used (80's vintage) Mossberg 500's instead.

 

[enbloc]

Article did not mention ammo, which must outsell their firearms.
It did, however mention a $950,000,000 dept pile...

 

[Zappa]

Article did not mention ammo, which must outsell their firearms.
It did, however mention a $950,000,000 dept pile...

Not sure about their ammo business, it may be spun off as a separate company that pays a license fee for the name as with Winchester.

 

[radioman]

They had 8yrs of windfall under O? What did they do with the money?
Another American company mismanaged into the ground?
I guess as others have said—
how many crap guns do you have to make before your out?

 

[ISOTOX]

Maybe they shouldn't have purchased all those other gun companies over the past few/several years.

Yup! Sometimes you need to stick with your core business...Greed is a funny thing.

 

[Broc]

What they need is a good, basic product. Pick a bolt rifle for starters. Simplify, look at your success there, and see what the competition is doing. Then beat them in quality and price. Not easy, but that's where it's at.

It is called the 700.

They are just a horrible company. They destroyed Marlin when they bought them and shipped defective products.

 

[Shawnyc]

Didn't they just recently hire the CEO of Taurus? That didn't last long.

 

[napoleon1815]

Figures...they just got the Marlins back to good quality and announced the return of the 357 lever gun...