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Remington Bankruptcy

3/27/18 @ 1:16 PM
ORIGNAL POST
One shot one kill
MEMBER since 8/12/02

How does a 200 year old gun manufacturer go bankrupt due to declining sales in the last 12 months ? 

In the last few years ammo sales alone should have kept them busy  ! 

Love my model 788 in .308 . Old , but i have missed one animal with it in 40 years .

DISPLAYING 1 TO 10 OF 12 POSTS
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3/28/18 @ 7:12 PM
brews4995
brews4995
User since 4/2/10

Tree,

Maybe if you would have taken that job they wouldn't be in this position?

3/28/18 @ 5:12 PM
Treeshark
User since 4/5/09

Was contacted about a sales position with Remington a number of years ago out West, always wonder what it would have been like.  I’m glad it didn’t happen now!

3/28/18 @ 5:06 PM
USAbrams1991
USAbrams1991
User since 2/13/17

"No, Only Remington Outdoor Co.."

Which is the old Freedom Group. I should have WIKI'd. In 2015 FG was rebranded as ROC.

What a mess

10/28/18 @ 8:30 AM
SuspendedMusky
SuspendedMusky
User since 12/9/08

Hopefully Remington will emerge from this and comeback making a quality product.  Remington products were the foundation of my gun purchases as a kid growing up.

My first gun I ever purchased was an 870 20 gauge (age 13 with summer job $).  I shot a lot of snowshoe hares, grouse and ducks with that gun.  From there, my dream shotgun was a 12 gauge 1100, which I eventually purchased new from Bill's House of Guns in Merril for $281 (still have the receipt and original box).  For deer, I always wanted a Remington 742 "Woodsmaster".  When I graduated from high school, my parents gave me a Remington Model 4 (high end 742) in .270 with top of the line Redfield scope.  Since that time, I have purchased many guns and moved away from Remington, but again....it was the brand that formulated the beginning of my gun ownership from an early age.

3/28/18 @ 4:52 PM
Dave (Golden)
Dave (Golden)
MEMBER since 6/22/01

No, Only Remington Outdoor Co..

I think you mean Freedom Group, not Freedom Arms different company..

Remington gets $75 million lifeline

3/28/18 @ 4:13 PM
USAbrams1991
USAbrams1991
User since 2/13/17

Some folks here aren't getting the hint that the mods gave when they deleted the gun thread this morning.

Also, when we speak about Remington in regards to filing for bankruptcy, are we actually talking about the entire family known as Freedom Arms, or just Remington?

3/28/18 @ 1:21 PM
BâssÂddîçt ©¸
BâssÂddîçt ©¸
MEMBER since

odd no deals on Remington guns

3/28/18 @ 9:25 AM
Dave (Golden)
Dave (Golden)
MEMBER since 6/22/01

They will most like not survive the likely $500 million liability they have hanging over them from pending court cases if those do not go their way.

3/28/18 @ 9:20 AM
river_chaser
User since 10/3/12

Bankruptcy isnt the end of the world. Hopefully theyll emerge from bankruptcy and get redirected to being something more than a walmart gun.  Except for the reliable 870 which I have a handful I wouldnt touch another remington.

3/27/18 @ 2:57 PM
USAbrams1991
USAbrams1991
User since 2/13/17

Simply put, poor quality. Seemed like Remington was recalling just about every gun they made.

700 XMP trigger, 887 slam fire, the R51 debacle where they actually replaced them with 1911's.....recalls cost money and Remington's issues caught up with them.

Personally, I think they overextended themselves by wandering into the AR market and seriously, how many different 700's can a company make??

DISPLAYING 1 TO 10 OF 12 POSTS
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