Remington files Chapter 11 bankruptcy

[LOCKHART]

Bill, Sr. did not like high cap mags. I saw him in an interview once, and he stated that nobody needs more than 10 round mags. That was his opinion. I do believe Bill Jr., has a different opinion and is showing his business savvy by producing what the market is calling for.

 

[Renegade]

You hire a person voted worst CEO in America, why would you expect anything other than having your company run into the ground?

Everything Cerebus touched, is worse off today.

 

[LOCKHART]

I'm just hoping America's oldest gun maker survives this, and comes back strong. I've owned many Remington firearms over the years.

 

[Dawico]

They can die and never return. I am not the sentimental type anyways but they bring nothing to the market but a name. A name they have turned to shit.

Every product has a better and usually cheaper counterpart from another manufacturer.

 

[Dawico]

I truly believe this is a result of them waiting so long to make a rifle in 6.5 Creedmoor.

Too little too late.

 

[Lunyfringe]

Yet the morons over at breitbart are all flustered that the NYT dared to point that out.

http://www.breitbart.com/big-govern...firearms-pro-gun-control-founder-still-alive/

But I digress.

Comments are fun... here's my favorite:

The NYT has solid facts behind that report.

William B. Ruger Sr. has voted a straight Democrat ticket ever since he died.

 

[Younggun]

I truly believe this is a result of them waiting so long to make a rifle in 6.5 Creedmoor.

Too little too late.

I doubt it was the 6.5 Creedmoor (or lack of) that killed them.

I'd say it's more related to the fact that the Remington 700 hunting rifles aren't the "rifle to hunt with" like they were for decades. Ruger jumped in with the American for a good price, the Savage Axis is popular as hell, and even mossberg got in on the game with the MVP.

The Savage model 10 and 110 line shoots amazingly well out of the box so people not wanting to double their spending on aftermarket everything can mount a scope and start shooting a 1,000 yard capable rifle.

Add to that the Stealth and PRS (chassis rifles) that Remington didn't have an answer for...

Remington missed the wave on precision rifles, lost its place as the hunting rifle to have, and let their QC go down the drain. Not sure where they could go besides bankrupt.

 

[Renegade]

I truly believe this is a result of them waiting so long to make a rifle in 6.5 Creedmoor.

Too little too late.

Yeah, if only they came out with 6.5 sooner, quality on 700, 870, 1100, R51, etc. would have gone up and I would have bought them.

 

[Kar98]

Wait, people go hunting with something other than Mauser rifles "sporterized" to varying degrees?

 

[Younggun]

Wait, people go hunting with something other than Mauser rifles "sporterized" to varying degrees?

Yeah, some people can only afford a sporterized Mosin.

 

[oldag]

https://www.bloomberg.com/news/arti...on-will-cede-control-to-lenders-in-bankruptcy



Super Owner!!! Look ma, I made it!!!!!!

It's not anywhere near Superman, but I'll take it.

Congrats, but I would have to question the accuracy of that study.

 

[Southpaw]

Congrats, but I would have to question the accuracy of that study.

It's Bloomberg, didn't pay much mind to it besides new title of Super Owner. I'm thinking about getting shirts and hats made up and were it to the next Horny Mom get together down in SA.

 

[Southpaw]

if 17 guns makes you a super owner I think I must be a super duper owner

I would agree, but you'll have to create your own fake news website, cite some worthless knowledge of how you came to that conclusion and then go ahead and have it quoted on a gun owners website to be true.

 

[LOCKHART]

The only Remington product I own at this time is an XP-100, probably made in the early 80's. I had it rebarreled to 7 Ugalde, and changed out the bolt to a small face to fit that cartridge face. I shot my first 40 with that pistol in IHMSA silhouette competition. I used one in original .221 Fireball to make the longest shot I've ever made on whitetail deer at a measured 127 yards. They made good guns back then, and the XP action is still the most popular action in IHMSA unlimited class.

 

[benenglish]

They made good guns back then, and the XP action...

Ditto. I have a half-dozen and those were good guns. I prefer my Wichitas (I have 4.) but that's comparing apples to oranges.

In the last few years, every new Remington I've had my hands on has seemed...off. The materials seemed sub-par. For example, the 870 just feels cheap and loose. Racking the slide sounds wrong. I have a pre-WWII Winchester model 12, a very basic, cheapest version. It feels completely different, like it's made of real steel. It sounds like steel when you cycle it. I can't really explain it but if you handle that old shotgun at the same time as a new one, it's easy to feel the difference.

As for the bolt actions, in my opinion the 700 got lost in the middle.

• It wasn't a huge bargain, so it lost the low end of the market.
  • They didn't properly market their Mauser-derivative low-end rifles and those disappeared from the market pretty quick.
• Because they were being built into custom guns, custom action makers copied its footprint, so it lost the top end of the market.
  • It used to be worthwhile to have a 700 blueprinted for a custom rifle. Now, that makes no sense; just get a custom action that fits everywhere a 700 fits.
• As it was, the action could have been dressed up in precision clothes and been competitive for a while longer but Remington completely missed that trend, too.

The Gun Collective has said that Remington failed to innovate. I accept that but I'd go further. They failed to recognize changes and innovations from other makers and failed even to copy the good ideas of others. Even that strategy would have stretched out their time as a relevant rifle maker.

 

[vmax]

I have slowly been moving away from the 700 platform over to the Savage rifles.
I sold my last 700 over 2 years ago.

 

[Moonpie]

Decades ago Remington made a pump rifle known as the Model 141.
The 141 was chambered in a number of propriatary cartridges that were ballistically identical to Winchester rounds.
.25 Remington = .25-35 Winchester
.30 Remington = .30-30 Winchester
.32 Remington = .32 Winchester Special
.35 Remington = Still popular today.
These were rimless cartridges for use in pump and semi-auto guns.
I've always wondered why these died off.

 

[stdreb27]

Anyone read what kind of bankruptcy?

 

[LOCKHART]

Chapter 11

 

[easy rider]

Chapter 11 (Reorganization)