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Author Topic: Remington Faces Default  (Read 2289 times)

DUTCH Van Atlanta

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"Participating in a gun buy-back program because you think that criminals have too many guns is like having yourself castrated because you think your neighbors have too many kids." - Clint Eastwood

R51Fan2017

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Re: Remington Faces Default
« Reply #1 on: November 24, 2017, 02:06:56 PM »
Hate to see a great American gun company going through this. But it just isn't limited to Remington only. Smith and Wesson isn't doing so hot either.
"A woman who demands further gun control legislation is like a chicken who roots for Colonel Sanders."

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JDCRAB

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Re: Remington Faces Default
« Reply #2 on: November 29, 2017, 12:20:50 AM »
I noticed that about 5 years ago, Remington's reloading products, such as primers and such took a sharp up-turn in price.

I think that made the brand unpopular with handloaders and has contributed to their troubles today,
Fealty to the 2nd amendment forever.

valvestem

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Re: Remington Faces Default
« Reply #3 on: December 09, 2017, 08:27:40 AM »
Remington is owned by the Freedom Group, they may save the brands for a while, but profits are more important than product quality IMO.

1911SHOOTER

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Re: Remington Faces Default
« Reply #4 on: January 09, 2018, 03:31:41 PM »
« Last Edit: January 10, 2018, 12:51:44 AM by 1911SHOOTER »
So many guns, so little time!

1911SHOOTER

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Re: Remington Faces Default
« Reply #5 on: January 09, 2018, 03:34:50 PM »
One of my favorite LGS's recently dropped Big Green because of their pricing policies.

Blackie
So many guns, so little time!

DUTCH Van Atlanta

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Re: Remington Faces Default
« Reply #6 on: January 09, 2018, 08:56:56 PM »
One of my favorite LGS's recently dropped Big Green because of their pricing policies.

Blackie

“LGS” ?
"Participating in a gun buy-back program because you think that criminals have too many guns is like having yourself castrated because you think your neighbors have too many kids." - Clint Eastwood

plunkster

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Re: Remington Faces Default
« Reply #7 on: January 09, 2018, 11:50:56 PM »
One of my favorite LGS's recently dropped Big Green because of their pricing policies.

Blackie

“LGS” ?

Local Gun Shop

 :)

funflyer

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Re: Remington Faces Default
« Reply #8 on: February 09, 2018, 07:06:34 AM »

R51Fan2017

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Re: Remington Faces Default
« Reply #9 on: February 09, 2018, 07:29:32 AM »
Can't be sure but this sure smells like the beginning of the end for the big green machine.

https://www.reuters.com/article/us-remingtonoutdoor-bankruptcy-exclusive/exclusive-u-s-gunmaker-remington-seeks-financing-to-file-for-bankruptcy-sources-idUSKBN1FT04C

Oh boy. This ain't good at all. I wonder what will happen to gun production. Will it cease entirely, or will it continue under someone else's roof?  Or will Remington be re-structured and things continue as they are now? I think I need to get another R51 before it's too late!
"A woman who demands further gun control legislation is like a chicken who roots for Colonel Sanders."

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SCurmudgeon

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Re: Remington Faces Default
« Reply #10 on: February 09, 2018, 07:40:27 AM »
So much for the lifetime warranty.

funflyer

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Re: Remington Faces Default
« Reply #11 on: February 09, 2018, 08:40:25 AM »
Oh boy. This ain't good at all. I wonder what will happen to gun production. Will it cease entirely, or will it continue under someone else's roof?  Or will Remington be re-structured and things continue as they are now? I think I need to get another R51 before it's too late!

The way I understand it, and I'm not by any means an expert, is that if Remington doesn't find a sucker to fund them into bankruptcy, their assets will be liquidated to cover their debt, This means their operations will cease. Those who have any guns in for repair better hope to get them back before any of this happens or they may become assets. If the bankruptcy does get funded then those guns could be tied up for years. :'(

I look on the bright side, think of all the dirt cheap R51 parts that will show up on Ebay ;D
« Last Edit: February 09, 2018, 08:43:29 AM by funflyer »

R51Fan2017

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Re: Remington Faces Default
« Reply #12 on: February 09, 2018, 10:30:02 AM »
Those who have any guns in for repair better hope to get them back before any of this happens or they may become assets. If the bankruptcy does get funded then those guns could be tied up for years. :'(

Pardon my Spanish, but that would really suck wouldn't it? Loose your gun because it's an asset? This is a horrific ending for a great American gun maker.  :'(
"A woman who demands further gun control legislation is like a chicken who roots for Colonel Sanders."

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RED HORSE

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Re: Remington Faces Default
« Reply #13 on: February 09, 2018, 11:46:26 AM »
The way they have handled the R51 release and re-release and the absolute lack of any meaningful customer service, quite frankly they need to go bankrupt and start over.

R51Fan2017

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Re: Remington Faces Default
« Reply #14 on: February 09, 2018, 11:56:36 AM »
The way they have handled the R51 release and re-release and the absolute lack of any meaningful customer service, quite frankly they need to go bankrupt and start over.

And now you see what happens when the Freedom Group gets a hold of a company. That, and this whole boat load of s*** about the school shooting and the guy using a Remington rifle. Good grief, like they had a lot of control over their rifle being used in a crime. In a way, I agree with you Red Horse, as I know we have all experienced their customer service trying to get this sorted out (or lack of). I just can't help but feel sorry for them.
"A woman who demands further gun control legislation is like a chicken who roots for Colonel Sanders."

                  - Larry Elder

 

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