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Default Gunmaker Remington says it will file for bankruptcy

http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of. Won’t be the first time a large firearm company slid into the abyss...
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Default Gunmaker Remington says it will file for bankruptcy

On Thu, 15 Feb 2018 08:08:41 -0800 (PST), Tim wrote:

http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of. Won’t be the first time a large firearm company slid into the abyss...


Their guns have been getting a lot of bad reviews lately. I wouldn't buy one just based on that.
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Default Gunmaker Remington says it will file for bankruptcy

John H. wrote:
On Thu, 15 Feb 2018 08:08:41 -0800 (PST), Tim wrote:

http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of.
WonÂ’t be the first time a large firearm company slid into the abyss...


Their guns have been getting a lot of bad reviews lately. I wouldn't buy
one just based on that.


I have a Remington Jam-o-matic. The 7600 in 30.06. Was famous for
jamming. Is a safe queen for years. When new, the casing jammed and
ripped the bolt face out. Warranty repair. Later case jam and ripped a
slot in the head with the ejector. Was raining during the pig hunt.
Warranty station said was rust that caused jam. I told them bull****, as
I left the casing in the rifle and was not rusty before. Wanted a
replacement and Remington refused. So why would I buy another Remington
arms? Bad service ****es off customers.

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Default Gunmaker Remington says it will file for bankruptcy

On Thu, 15 Feb 2018 08:08:41 -0800 (PST), Tim
wrote:

http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of. Won’t be the first time a large firearm company slid into the abyss...


This is really pretty much the fault of colossal mismanagement by the
guy who almost ran Home Depot into the ground although they are still
smarting from the M-700 debacle.
They planned on Hillary winning and the subsequent panic buy of guns.
They did not have a plan of how to get along without it is also part
of the problem.
Gun manufacturers are looking at a saturated market so they better
diversify or consolidate. We might see Remington being swallowed up by
Ruger or AOB/S&W.
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Default Gunmaker Remington says it will file for bankruptcy

On Thu, 15 Feb 2018 20:07:38 -0000 (UTC), Bill
wrote:

John H. wrote:
On Thu, 15 Feb 2018 08:08:41 -0800 (PST), Tim wrote:

http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of.
Won?t be the first time a large firearm company slid into the abyss...


Their guns have been getting a lot of bad reviews lately. I wouldn't buy
one just based on that.


I have a Remington Jam-o-matic. The 7600 in 30.06. Was famous for
jamming. Is a safe queen for years. When new, the casing jammed and
ripped the bolt face out. Warranty repair. Later case jam and ripped a
slot in the head with the ejector. Was raining during the pig hunt.
Warranty station said was rust that caused jam. I told them bull****, as
I left the casing in the rifle and was not rusty before. Wanted a
replacement and Remington refused. So why would I buy another Remington
arms? Bad service ****es off customers.


They must have really slipped. I have a Remington pump 22rf that has
been a tack driver for well over a half a century. I never had any
kind of problem with it. My ex has an 1100 from the days when that was
the gold standard for SA shotguns. She has shot thousand of rounds out
of it and I never saw a malfunction. In the skeet league we were
shooting 3 or 4 boxes a night once a week for 20 weeks a year.
That was just league night, not other times we were there.



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Default Gunmaker Remington says it will file for bankruptcy

Tim wrote:
http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of. Won’t be the first time a large firearm company slid into the abyss...


They are a large producer of ammunition so I bet they will spin that off
if they wind down. I have a pallet of their shotgun shells in my
warehouse. Cabelas had a deal at $4.99 per box with free shipping so I
bought 540 boxes. I got an email that my order was delayed and then a
phone call a few days later from a nervous guy who said he had to ship
by truck. No problem, my employer has forklifts.
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Default Gunmaker Remington says it will file for bankruptcy

wrote:
On Thu, 15 Feb 2018 20:07:38 -0000 (UTC), Bill
wrote:

John H. wrote:
On Thu, 15 Feb 2018 08:08:41 -0800 (PST), Tim wrote:

http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of.
Won?t be the first time a large firearm company slid into the abyss...

Their guns have been getting a lot of bad reviews lately. I wouldn't buy
one just based on that.


I have a Remington Jam-o-matic. The 7600 in 30.06. Was famous for
jamming. Is a safe queen for years. When new, the casing jammed and
ripped the bolt face out. Warranty repair. Later case jam and ripped a
slot in the head with the ejector. Was raining during the pig hunt.
Warranty station said was rust that caused jam. I told them bull****, as
I left the casing in the rifle and was not rusty before. Wanted a
replacement and Remington refused. So why would I buy another Remington
arms? Bad service ****es off customers.


They must have really slipped. I have a Remington pump 22rf that has
been a tack driver for well over a half a century. I never had any
kind of problem with it. My ex has an 1100 from the days when that was
the gold standard for SA shotguns. She has shot thousand of rounds out
of it and I never saw a malfunction. In the skeet league we were
shooting 3 or 4 boxes a night once a week for 20 weeks a year.
That was just league night, not other times we were there.



I have an 1100. Fine shotgun. But the model 30.06 I bought was famous as
a piece of ****. I think it was when they were going through a change of
ownership and just blew off any problems.

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Default Gunmaker Remington says it will file for bankruptcy

On Thu, 15 Feb 2018 20:09:57 -0500, Alex wrote:

Tim wrote:
http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of. Won’t be the first time a large firearm company slid into the abyss...


They are a large producer of ammunition so I bet they will spin that off
if they wind down. I have a pallet of their shotgun shells in my
warehouse. Cabelas had a deal at $4.99 per box with free shipping so I
bought 540 boxes. I got an email that my order was delayed and then a
phone call a few days later from a nervous guy who said he had to ship
by truck. No problem, my employer has forklifts.


In DC I used to go to the distributor and buy shotgun shells by the
pallet. We took 2 trucks to haul them away. (a load for the Virginia
club and one for the maryland club.
That was the olden days when there were 20 boxes in a case. The last
time I saw a case it was 10 boxes. We were getting AAs for around $2 a
box tho so it was worth doing. I bet my ex still has case sitting
around. I took a couple and left her a couple.
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Default Gunmaker Remington says it will file for bankruptcy

wrote:
On Thu, 15 Feb 2018 20:09:57 -0500, Alex wrote:

Tim wrote:
http://money.cnn.com/2018/02/12/news...ans/index.html

Restructuring over slump in gun sales which they may not pull out of. Won’t be the first time a large firearm company slid into the abyss...

They are a large producer of ammunition so I bet they will spin that off
if they wind down. I have a pallet of their shotgun shells in my
warehouse. Cabelas had a deal at $4.99 per box with free shipping so I
bought 540 boxes. I got an email that my order was delayed and then a
phone call a few days later from a nervous guy who said he had to ship
by truck. No problem, my employer has forklifts.

In DC I used to go to the distributor and buy shotgun shells by the
pallet. We took 2 trucks to haul them away. (a load for the Virginia
club and one for the maryland club.
That was the olden days when there were 20 boxes in a case. The last
time I saw a case it was 10 boxes. We were getting AAs for around $2 a
box tho so it was worth doing. I bet my ex still has case sitting
around. I took a couple and left her a couple.




The cheapest I've seen them since then is $6.49 per box so now I wish I
had bought two pallets. I'm down to just over half but I've sold about
120 to friends I shoot with.
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