Home Forums Hunting & Shooting Hunter's Campfire Jim Shephard on Remington

I want the first bling adorned Indian model Levergun they make !

Since 93 they've been owned by two different capital investment groups (CD&R and Cerberus) that were simply money people with no connection with or passion for the product. That independence can be good when it comes to making sound business decisions but I expect there has been a lot of financial hijinks going on that has saddled Remington with too much debt and even the past 15 years of spectacular gun sales isn't enough to service that debt.

Hopefully some splitting up of business units and bankruptcy will get them in a place that they can be around for a long time to come.

I hope they find a way to stay in business. I’ve killed a lot of deer with 700’s

If the Navajo Nation acquire's Remington I wonder if the Navajo Nation is exempt form the 11% federal excise tax?

Interesting question Doc,

Not really addressed in the following quote. I wonder if it's a negotiable item ?

(my emphasis)

They intend to refocus towards trying to get government contracts where their status as a company owned by an indigenous nation will give them a leg up on getting said government contracts.

Probably