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Remington Gone Belly-up Again Login/Join 
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Posts: 13760 | Location: Texas | Registered: 10 May 2002Reply With Quote
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What a shame, I still think that the 870 is one of the finest shotguns produced.


Never mistake motion for action.
 
Posts: 17357 | Location: Austin, Texas | Registered: 11 March 2013Reply With Quote
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That's what Venture Capitalism gets you.

Grizz


When the horse has been eliminated, human life may be extended an average of five or more years.
James R. Doolitle

I think they've been misunderstood. Timothy Tredwell
 
Posts: 1577 | Location: Central Alberta, Canada | Registered: 20 July 2019Reply With Quote
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They just needed a better trigger assembly
 
Posts: 9951 | Location: Houston, Texas | Registered: 26 December 2005Reply With Quote
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quote:
Originally posted by Grizzly Adams1:
That's what Venture Capitalism gets you.

Grizz


If the people in charge could not run a firearms company and make money over the last 10 years and make money.

They were not trying and had other ideas on their agenda.
 
Posts: 19314 | Location: wis | Registered: 21 April 2001Reply With Quote
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Remington - Firearms (or Art), it's a hell of a brand. My Models 600 (.308 Win.), 700 (25.06 Rem.), 1100 (12 Ga.), 1100 (20 Ga.) served me well. I have nothing but wonderful memories.
 
Posts: 13760 | Location: Texas | Registered: 10 May 2002Reply With Quote
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quote:
Originally posted by p dog shooter:
quote:
Originally posted by Grizzly Adams1:
That's what Venture Capitalism gets you.

Grizz


If the people in charge could not run a firearms company and make money over the last 10 years and make money.

They were not trying and had other ideas on their agenda.


DuPont should buy Remington out of bankruptcy, probably for a lot less than they got when they sold it to the financiers.


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

Carl Schurz (1829 - 1906)
 
Posts: 14331 | Location: Moreno Valley CA USA | Registered: 20 November 2000Reply With Quote
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Sad news, but not surprising.
 
Posts: 18517 | Registered: 04 April 2005Reply With Quote
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Wall Street should stay on Wall Street. I used to be in IBanking and PE. Some deals make sense and some are BS. The BPS and Cabela’s deal was bad.


I meant to be DSC Member...bad typing skills.

Marcus Cady

DRSS
 
Posts: 3428 | Location: Dallas | Registered: 19 March 2008Reply With Quote
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isn't this about getting out from under a lawsuit.
 
Posts: 6361 | Location: NY, NY | Registered: 28 November 2005Reply With Quote
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Would likely think so.
 
Posts: 18517 | Registered: 04 April 2005Reply With Quote
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Shed the yoke, start over again. If they succeed they will be much stronger for it and stand a chance of carrying on their legacy.


___________________

Just Remember, We ALL Told You So.
 
Posts: 22442 | Location: Occupying Little Minds Rent Free | Registered: 04 October 2012Reply With Quote
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I can understand filing to get free from a lawsuit, but not to avoid creditors. I have been a victim of the latter a few times over the years + it's no fun knowing you won't ever be paid + they're spending your money.


Never mistake motion for action.
 
Posts: 17357 | Location: Austin, Texas | Registered: 11 March 2013Reply With Quote
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Originally posted by NormanConquest:
I can understand filing to get free from a lawsuit, but not to avoid creditors. I have been a victim of the latter a few times over the years + it's no fun knowing you won't ever be paid + they're spending your money.


https://www.cbsnews.com/news/r...-for-september-2021/

If your pre school kids are killed as a parent you are going to do after everyone.

Remington made the tool that was used to kill their kids and they are going after Remington on state law and the us Supreme Court sidestepped the issue.

Won’t turn out well for Remington in state court is my guess.

Mike
 
Posts: 13145 | Location: Cocoa Beach, Florida | Registered: 22 July 2010Reply With Quote
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I also wonder if their BK had anything to do, in part, with them not getting the contract for the new sniper rifles for the military. I understand that it went to Barrett.
 
Posts: 18517 | Registered: 04 April 2005Reply With Quote
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About 25 years ago in our little community, a woman went crazy + bashed in her 13-year-old daughter's head with a rock while she was sleeping. Although it was truly a tragedy, I did have the irreverent thought that now they can ban rocks to stop the cruelty + hopefully someone would see the fallacy in that line of thought. Of course not.


Never mistake motion for action.
 
Posts: 17357 | Location: Austin, Texas | Registered: 11 March 2013Reply With Quote
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