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Dakota and Nesika closing doors?
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Word from a reliable source at the NRA show says they are closing. I am leaving for the Super Shoot in the morning and will have more word by Monday.
Butch
 
Posts: 8964 | Location: Poetry, Texas | Registered: 28 November 2004Reply With Quote
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SH*T! I hope not. I'm only halfway done with my Dakota battery. I just talked to Richard at Dakota this past friday. We are planning my next 2 rifles. But hell, he might not know whats coming down. Kinda like all those chrysler and gm dealerships.


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Posts: 486 | Location: SE TEXAS | Registered: 26 June 2007Reply With Quote
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just drove by Dakota on Thursday last. everything looked like a going concern.
 
Posts: 7090 | Registered: 11 January 2005Reply With Quote
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I hope not. My dream gun will have a Nesika bench action on it. I'll build it someday, assuming Jigabooga will let me. Or let me have the ammo for it...
 
Posts: 16534 | Location: Between my computer and the head... | Registered: 03 March 2008Reply With Quote
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quote:
Originally posted by homebrewer:
I hope not. My dream gun will have a Nesika bench action on it. I'll build it someday, assuming Jigabooga will let me. Or let me have the ammo for it...


Why in the world would you use a Nesika for your dream gun when you could have a BAT???
 
Posts: 2073 | Registered: 28 September 2006Reply With Quote
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Dakota's Death Knell Rang when the current owner took over.
However, I wasn't aware that Nesika was on the ropes.




 
Posts: 5798 | Registered: 10 July 2004Reply With Quote
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quote:
Why in the world would you use a Nesika for your dream gun when you could have a BAT???

I like the classic looks. Why would you buy a ZO6 Corvette when a SmartCar will get you there and back at 70mph, too? And save you gas money? It's all about taste and what we want to buy in a market that offers so many choices. It's the exercising of my "freedom to choose," as the liberals would say...
 
Posts: 16534 | Location: Between my computer and the head... | Registered: 03 March 2008Reply With Quote
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My source said Richard Spruill said the last of the month they had to close their doors. Sorry, been away at the Super Shoot.
Butch
 
Posts: 8964 | Location: Poetry, Texas | Registered: 28 November 2004Reply With Quote
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they are not going to Chapter 7, this is most likely another "lawyer" bankruptcy to allow "CokeBoy" to screw other creditors. I do hope it is Ch 11, so someone else can buy the group of companies and run an honest ethical business. Maybe someone else will get the Miller single shot designs and we can actually order them. The one thing missing from a reorganization bankruptcy law is not allowing anyone connected with the bankruptcy to buy anything at the auction, or be associated with the new company (management).

Rich
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Posts: 23062 | Location: SW Idaho | Registered: 19 December 2005Reply With Quote
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dakota "just" emerged from chapter 11, guys .. if they file again, it may very well be liquidation..
11 - reorganization
7 - liquidation
here's some basics on the process
http://www.uscourts.gov/bankru...ybasics/process.html


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40232 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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quote:
Originally posted by homebrewer:
quote:
Why in the world would you use a Nesika for your dream gun when you could have a BAT???

I like the classic looks. Why would you buy a ZO6 Corvette when a SmartCar will get you there and back at 70mph, too? And save you gas money? It's all about taste and what we want to buy in a market that offers so many choices. It's the exercising of my "freedom to choose," as the liberals would say...


I've been away at the Super Shoot as well...I don't want to come off trashing Nesika's, as their older actions were OK. But the stuff they've been putting out for the last few years is lack luster. All I'm saying is that there are lots of better choices out there these days.
 
Posts: 2073 | Registered: 28 September 2006Reply With Quote
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To be fair, Dakota, Noreen, etc. sprang up when the pre-64 Winchester Model 70 action went down the tubes in favor of a noncontrolled feed action. When U. S. Repeating Arms brought back a controlled round action, now commonly known as the Classic action, that was the start of the long spiral downwards for competitors.

I agree that the owners of Dakota more than likely had a lot to do with the problems they have had, but there isn't a whole lot you can do when a similar product that costs a whole lot less is your competitor. (take a look at GM and Chrysler)
 
Posts: 7090 | Registered: 11 January 2005Reply With Quote
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This would indeed be a shame, I received my new Dakota Predator last month, it took them 3 weeks to get it done, A real beauty and
laser-like accurate. I was hoping to get another pair, 20 Tact and 221 FB.
 
Posts: 2268 | Location: Westchester, NY, USA | Registered: 02 July 2007Reply With Quote
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quote:
Originally posted by 22WRF:
To be fair, Dakota, Noreen, etc. sprang up when the pre-64 Winchester Model 70 action went down the tubes in favor of a noncontrolled feed action. When U. S. Repeating Arms brought back a controlled round action, now commonly known as the Classic action, that was the start of the long spiral downwards for competitors.

I agree that the owners of Dakota more than likely had a lot to do with the problems they have had, but there isn't a whole lot you can do when a similar product that costs a whole lot less is your competitor. (take a look at GM and Chrysler)


I don't buy it. There is a market right now for high quality CRF's, just like always. A company just needs to set itself apart from its competitors with high quality product and excellent service. Is it easy? Of course not. But Winchester is sure not to blame for Dakota's poor business practices. GM and Crysler have only themselves and the labor unions to blame for where they are now.
 
Posts: 2073 | Registered: 28 September 2006Reply With Quote
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IMO Dakota's business practices aren't just poor, in the past they have almost always been disgracefully immoral when not downright dishonest.

Just ask some of the folks who THOUGHT they were going into business with Dakota, folks with names like Grisel and Miller....
Regards, Joe


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Posts: 2756 | Location: deep South | Registered: 09 December 2008Reply With Quote
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I have no idea how Dakota (and associated companies, such as Nesika) are doing at the moment. But it seems that the current economic crisis has had a profound effect on a lot of (semi-)custom gun makers. I hear of orders being way down with several shops. At least "eurocentric" seems to have done his part to keep the economy going.

- mike


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Posts: 6653 | Location: Switzerland | Registered: 11 March 2002Reply With Quote
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quote:
Originally posted by mho:
I have no idea how Dakota (and associated companies, such as Nesika) are doing at the moment. But it seems that the current economic crisis has had a profound effect on a lot of (semi-)custom gun makers. I hear of orders being way down with several shops. At least "eurocentric" seems to have done his part to keep the economy going.

- mike


gun sales are up 50% , this doen't apply .. if dakota is going to file AGAIN it is a fault of business practices, not gun purchases


opinions vary band of bubbas and STC hunting Club

Information on Ammoguide about
the416AR, 458AR, 470AR, 500AR
What is an AR round? Case Drawings 416-458-470AR and 500AR.
476AR,
http://www.weaponsmith.com
 
Posts: 40232 | Location: Conroe, TX | Registered: 01 June 2002Reply With Quote
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quote:
Originally posted by jeffeosso:
quote:
Originally posted by mho:
I have no idea how Dakota (and associated companies, such as Nesika) are doing at the moment. But it seems that the current economic crisis has had a profound effect on a lot of (semi-)custom gun makers. I hear of orders being way down with several shops. At least "eurocentric" seems to have done his part to keep the economy going.

- mike


gun sales are up 50% , this doen't apply .. if dakota is going to file AGAIN it is a fault of business practices, not gun purchases


True sales are up but I'd venture sales of up market bolt guns are waaaaaay down. If Dakota was making AR15 clones they might be busier. Of course there is a guy on every corner making AR15 clones these days.
 
Posts: 13301 | Location: On the Couch with West Coast Cool | Registered: 20 June 2007Reply With Quote
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Old news coming back around. Thanks for this in the way of confirmation, Butch.

As Bob Dylan once sang, "It don't take a weatherman to know which way the wind blows."

Here's the [old] news:

ForrestB On Dakota's Woes


Mike

Wilderness is my cathedral, and hunting is my prayer.
 
Posts: 13830 | Location: New England | Registered: 06 June 2003Reply With Quote
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In case more were needed.

When The Feelin' Is Gone, But You Wanna Ride On: Kokesh


Mike

Wilderness is my cathedral, and hunting is my prayer.
 
Posts: 13830 | Location: New England | Registered: 06 June 2003Reply With Quote
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quote:
Originally posted by J.D.Steele:
IMO Dakota's business practices aren't just poor, in the past they have almost always been disgracefully immoral when not downright dishonest.

Just ask some of the folks who THOUGHT they were going into business with Dakota, folks with names like Grisel and Miller....
Regards, Joe


From the messages I am getting, this seems to be true.

Very sad indeed, as some of the people who got burnt by Charley are very honest and certainly do not deserve what they got from him.


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Posts: 69683 | Location: Dubai, UAE | Registered: 08 January 1998Reply With Quote
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I talked to my contact today 5/26/09. He stated that they may have a serious buyer. Nevertheless, he states that it is business as usual.


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Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves.
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Posts: 486 | Location: SE TEXAS | Registered: 26 June 2007Reply With Quote
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Just visited with another source and he was told a sale was either go or no go by Friday.
Butch
 
Posts: 8964 | Location: Poetry, Texas | Registered: 28 November 2004Reply With Quote
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