Home Forums Hunting & Shooting Ask The Gunwriters New Remington Arms now being produced

^^^ This

Reminds me of going to SHOT and some friend of a friend of friend, who has no business being at SHOT is bending some vendor/manufacturers rep ear about how this 'XYZ' gadget/gun would be the cats a$$ and they should go into full production - tomorrow, if not later today. In response the vendor/manufacturer rep says "How many will you order/buy?" To which the response is "I only want one." Gotta give those reps credit....some are very good at telling you to GFY.

BWalker is right. Remington is going to produce stuff that hopefully sells and branch out from there. Those that want that 'something special' Remington, XXX cal, 1 in X twist, S/S rifle, with a #X contour barrel and composite stock, etc, etc, etc - you'd be better served to find a good 'smith and have one built - provided your idea isn't too far out in left field. Otherwise, be prepared to wait - a very long time.

I'd hazard a guess and say that said dealer got those from some distributor that had some new, old stock and the 870 Express's show are not new production or a product produced since the Roundhill Group took over. Call me a pessimist.

Maybe but they said the 870 was going to be the first model produced so?

Plus those labels are not the same as they used to be

I think that is a smart move. It's is their flagship shotgun, it's a good one, and they can be produced and sold for a good price. In fact I posted here a while back that they should come out of the gate with what has been their best sellers built right. I think we'll learn a little bit about them when we see how they twist the first 223s that come off the line.

Wished I could peek inside that boxed 870. check i, finish, action smoothness, tear down as if to clean it, etc.

I'm just glad they kept the 1911 R1. I love my blued model and have been thinking about getting one in stainless

I doubt it. Stuff doesn't sit around long enough to gather dust. If anything popular stays on a distributor's shelf for more than a day or two, I'd be surprised.

They said they're new post-bankruptcy Remington manufacture

Cool........

It still surprises me how many "gun enthusiasts" are not aware of that.......

The fact is the two previous hedge funds owners--CD&R and Cerberus--borrowed almost 1.1 BILLION dollars against Remington, pocketed the money, and gave Remington the debt. And the fact that Remington was able to service that debt for 11 years is a testament to how well they were doing and how many firearms they were selling.

How did Remington end up in the hands of the hedge fund owners in the first place? Not trying to be an ass. I don’t know.

You heard wrong Teeder.

Dupont put Remington on the market in 1993 (or thereabouts). CD&R bought them. In the late 90's CD&R borrowed approximately $250 mil against Remington. CD&R sold Remington, and the debt, to Cerberus in 2007. Couple years later Cerberus announced their intention to offer an IPO for Remington. CNN--the anti firearm network that they are--leaped into action and produced Remington Under Fire--precisely to torpedo the IPO. CNN was successful, and Cerberus withdrew the IPO. In leu of an IPO, Cerberus borrowed approximately $800 million against Remington. Remington has been laboring under that debt ever since.

And it's also amazing how many alleged 2A supporters and "gun enthusiasts" bought into CNN's story..........

alpinecrick's facts are spot on.

It's surprising how clueless most gun enthusiasts are when it comes to things like this. Being uneducated to basic business tactics plays right into the hands of anti gun factions. And networks like CNN have found it relatively easy to get gun lovers, hunters and shooters to eat their own.

Many of the responses here show that they have accomplished their mission.

I'm going to buy the first new Remington I see in one of my local gun stores. -Al

Some still insist the 14 bolt handles that fell off in 1995 was the reason for the bankruptcy.

Agree. I'm thinking a 1/8 twist would be a huge indicator of where the company is going.

kwg

Yes, right down the tube.
A 223 in a bolt action is a varmint rifle. A 1:8 twist isn't optimal for varmint bullets.

There's a huge amount of disinformation out there on the Remington bankruptcy, titles to intellectual property, names, assets, parts, etc. If you have the time and inclination, you can only get correct answers to questions about who got what from the actual bankruptcy court documents, which are all available online. Some of these documents are well over 1,000 pages. https://cases.primeclerk.com/Reming...ibute=6065&DocAttrName=SALEDOCUMENTS

One of the biggest bits of disinformation out there is speculation as to who the "true" Remington is now: the firearms or ammunition companies. The bankruptcy papers say they both are. RemArms owns the Remington name for the purposes of making firearms. And the ammunition company owns the Remington name for the purposes of making ammunition. RemArm would not be permitted to start making ammo and call it Remington. And the ammo company couldn't start making firearms and call them Remington.

Lots of other good stuff in the papers about what actually happened in the bankruptcy and who got what.

What is find interesting is the huge Marlin parts inventory and finished firearms Ruger acquired. There seems to have been a lot of finished Remington made Marlins in the factory that went to Ruger.

Remington made a good O/U a long time ago. Almost everything else has been at best a good buy for the money. They appear to have been beat in that market.

I wish them so much success they forget themselves and produce a quality Model Seven in .260 with the bolt handle on the correct side.