Remington Faces Default

[DUTCH Van Atlanta]

A real shame!

http://www.philly.com/philly/blogs/inq-phillydeals/gunmaker-remington-faces-default-as-americans-buy-fewer-firearms-20171117.html

[R51Fan2017]

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.

[JDCRAB]

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,

[valvestem]

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]

A real shame!

http://www.philly.com/philly/blogs/inq-phillydeals/gunmaker-remington-faces-default-as-americans-buy-fewer-firearms-20171117.html

So Dutch,
     Are we suddenly endowed with a bunch of collecters items?
Blackie

[1911SHOOTER]

One of my favorite LGS's recently dropped Big Green because of their pricing policies.

Blackie

[DUTCH Van Atlanta]

One of my favorite LGS's recently dropped Big Green because of their pricing policies.

Blackie

"LGS" ?

[plunkster]

One of my favorite LGS's recently dropped Big Green because of their pricing policies.

Blackie

"LGS" ?

Local Gun Shop

[funflyer]

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

[R51Fan2017]

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!

[SCurmudgeon]

So much for the lifetime warranty.

[funflyer]

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

[R51Fan2017]

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. 

[RED HORSE]

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]

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.