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Joined: Mar 2013
Posts: 3,602 Likes: 2
Campfire Tracker
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OP
Campfire Tracker
Joined: Mar 2013
Posts: 3,602 Likes: 2 |
All of them do something better than the 30-06, but none of them do everything as well.
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Joined: Jun 2016
Posts: 9,641 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2016
Posts: 9,641 Likes: 2 |
Despite surging gun demand they've already said.
Give me a freakin break. A poor choice of barrel twist or a failed caliber introduction, etc etc etc is chicken feed, small irrelevant BS compared to their owners saddling them with a debt payment that way higher than the profit making ability of the company.
The investors were paid well for a time though. Still failing to understand here how these type of things are legal.
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Joined: Feb 2011
Posts: 26,389 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 Likes: 6 |
Remington has been a disappointment for decades.
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Joined: Jan 2012
Posts: 67,162 Likes: 35
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,162 Likes: 35 |
This is almost as comical as the local furniture always going out of business.
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Joined: May 2002
Posts: 9,533 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: May 2002
Posts: 9,533 Likes: 2 |
This is almost as comical as the local furniture always going out of business.
One in the town next to me has been doing that for 20 years now...The sale has lasted longer than than the furniture.
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Joined: Apr 2011
Posts: 151,746 Likes: 15
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 151,746 Likes: 15 |
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Joined: Jan 2010
Posts: 485
Campfire Member
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Campfire Member
Joined: Jan 2010
Posts: 485 |
Will that make my 700 more or less valuable......collectors piece or deplorable? :-)
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Joined: Aug 2005
Posts: 10,760
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,760 |
Despite surging gun demand they've already said.
Give me a freakin break. A poor choice of barrel twist or a failed caliber introduction, etc etc etc is chicken feed, small irrelevant BS compared to their owners saddling them with a debt payment that way higher than the profit making ability of the company.
The investors were paid well for a time though. Still failing to understand here how these type of things are legal. Sounds a lot like our Government.....
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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Joined: Feb 2007
Posts: 11,777
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,777 |
Rem 700 is a very good rifle in my view. Ditto 1100 and 870 shotguns.
Their big money problems I suspect are legal matters related to a variety of lawsuits.
While the gun industry is booming, the boom is mostly plastic 9MMs, ARs and short barrel shotguns. Those are not really in Rems wheel house.
NRA Patron
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Joined: Feb 2001
Posts: 50,636
Campfire Kahuna
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Campfire Kahuna
Joined: Feb 2001
Posts: 50,636 |
Rem 700 is a very good rifle in my view. Ditto 1100 and 870 shotguns.
Their big money problems I suspect are legal matters related to a variety of lawsuits.
While the gun industry is booming, the boom is mostly plastic 9MMs, ARs and short barrel shotguns. Those are not really in Rems wheel house. Uh... the 870 is exactly in their wheelhouse... Their R51 was introduced poorly...
Mark Begich, Joaquin Jackson, and Heller resistance... Three huge reasons to worry about the NRA.
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Joined: Aug 2004
Posts: 69,665 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,665 Likes: 15 |
They traded gun making for bean counting long ago.
Molɔ̀ːn Labé Skýla!
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Joined: Feb 2018
Posts: 10,144 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2018
Posts: 10,144 Likes: 4 |
Good! Maybe somebody that are actually gun people, and care about making good guns will buy it.
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Joined: Apr 2011
Posts: 12,164 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2011
Posts: 12,164 Likes: 4 |
They traded gun making for bean counting long ago. And then the bean counters left with the profits...
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Joined: Nov 2015
Posts: 19,212
Campfire Ranger
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Campfire Ranger
Joined: Nov 2015
Posts: 19,212 |
They traded gun making for bean counting long ago. And then the bean counters left with the profits... Yes, Remington's problems are a direct result from the bean counters taking the money and running.
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Joined: Jan 2018
Posts: 2,387
Campfire Regular
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Campfire Regular
Joined: Jan 2018
Posts: 2,387 |
They need only look in the mirror to see why.
In training to be an obedient master to my two labs
Shooting, fishing and hunting
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Joined: May 2008
Posts: 25,528 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: May 2008
Posts: 25,528 Likes: 4 |
I don’t celebrate the failure of an American firearms icon nor do I understand how any gun manufacturers could go bankrupt during a time when firearm sales are at historic highs.
Poor management, piss poor marketing, cheapening of the product through the use of inferior materials, cutting corners and moronic designs all figure into the failure of one of America’s largest firearms manufacturer.
It’s a pathetic example of American manufacturing where the long term profitability through stability and quality are sacrificed for short term gains and parasitic investment groups. They’ll take their quick money and destroy an American firearms manufacturer in the process. It’s a win-win for those investment groups since they’re often foreign owned anyway, so weakening America and destroying a large American corporation is another victory for the communists. 😡
�Politicians are the lowest form of life on earth. Liberal Democrats are the lowest form of politician.� �General George S. Patton, Jr.
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~Molɔ̀ːn Labé Skýla~
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Joined: Sep 2004
Posts: 29,383
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
Over leveraged by their Holding company Cerberus and main manufacturing center in New York Fugging State. What could go wrong?
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Joined: Jun 2014
Posts: 127
Campfire Member
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Campfire Member
Joined: Jun 2014
Posts: 127 |
Good. May they die a slow death. I sold my last 700 about 10 years ago and glad I did. The only thing they made worth a crap in the last 25 year was the 870 and its various form of cheaper models.
Does this .405 Winchester make my butt look big?
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Joined: Aug 2004
Posts: 69,665 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,665 Likes: 15 |
They traded gun making for bean counting long ago. And then the bean counters left with the profits... Yes, Remington's problems are a direct result from the bean counters taking the money and running. I was concerned years ago about the Freedom Group owning so many of the firearms manufacturing companies, as well as many other shooting related companies. Turns out, my concerns were valid. Almost like it was a huge push to take control of, and bankrupt American firearm manufacturers. History
The Freedom Group came into existance in 2007, when Remington Arms (who would purchase Marlin Firearms in 2008) were bought by Cerberus Capital Management (a private equity firm). The addition of Remington Arms (and its associated groups) to CCM's previous purchase Bushmaster Firearms, April 2006, and later acquisition of DPMS Panther Arms prompted CCM to create the Freedom Group.
2008 onwards had seen a general expansion of the companies under the Freedom Group banner following investment in them from CCM. As mentioned earlier, Remington Arms purchased Marlin Firearms in January 2008 while Remington's subsidiary company, Remington Military, obtained silencer producer Advanced Armament Corporation. This added to Bushmaster's purchase (following pressure from CCM) of Cobb Manufacturing (a producer of large calibre tactical rifles) in April 2007, bringing more companies under the Freedom Group banner.
The full list includes:
Advanced Armament Corporation
Barnes Bullets
Bushmaster Firearms International
Dakota Arms
DPMS Panther Arms
H&R Firearms
Marlin Firearms
Mountain Khakis
Para USA
Parker Gunmakers
Remington Arms
Remington LE
Remington Military
Remington PMPD
TAPCO
Molɔ̀ːn Labé Skýla!
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Joined: May 2003
Posts: 10,431
Campfire Outfitter
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Campfire Outfitter
Joined: May 2003
Posts: 10,431 |
Seems a lot of those companies on that list aren't with us any more.
I hate raiders.
Up hills slow,
Down hills fast
Tonnage first and
Safety last.
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