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Thread: Remington having financial issues

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    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Post Remington having financial issues

    After today, it's all historical.

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    Forum Administrator Schuetzenman's Avatar

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    Damn!

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    Team Gunsnet Platinum 06/2016 ltorlo64's Avatar

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    Well, that sound like poor planning. Didn't they also just move manufacturing from NY because of their laws? That might have had something to do with this.
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    Senior Member JTHunter's Avatar

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    Again??
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    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Gunmaker Remington turns to debt restructuring advisors

    https://www.cnbc.com/2018/01/26/gunm...rs-report.html

    Steve
    After today, it's all historical.

  6. #6
    Site Admin & **Team Gunsnet Silver 12/2012** Richard Simmons's Avatar

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    I didn't know Remington was being sued by Sandyhook shooting victims families? Wonder how they can sue over what some here claim was a staged hoax?
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    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Remington Seeks Help To File For Bankruptcy

    http://www.alloutdoor.com/2018/02/09...kly+Newsletter

    Steve
    After today, it's all historical.

  8. #8
    Senior Member NAPOTS's Avatar

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    how is that even possible with the way the gun market has been the last few years? Just shitty management by freedom group?

  9. #9
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Gunmaker Remington Reaches Deal With Creditors to File for Bankruptcy

    https://www.newsmax.com/finance/comp.../12/id/842889/

    Steve
    After today, it's all historical.

  10. #10
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Cerberus Hands Gun Company Remington to Creditors at Tense Moment

    https://www.newsmax.com/finance/stre.../27/id/845748/

    Steve
    After today, it's all historical.

  11. #11
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Gun Maker Remington to file for bankruptcy protection

    http://www.nydailynews.com/news/nati...icle-1.3872960

    Steve
    After today, it's all historical.

  12. #12
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Frontier Gun Maker Remington Seeks Bankruptcy Protection

    https://www.newsmax.com/finance/stre.../26/id/850776/

    Steve
    After today, it's all historical.

  13. #13
    Team Guns Network Silver 04/2013 alismith's Avatar

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    How the once-mighty have fallen. I wonder what they did, or didn't do, that led them to this?

    My first guess would be that they didn't keep up with the competition and jump in on the tactical rifle bandwagon, or didn't make any new innovations in their pistols, or come out with new models for CCW.
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    Senior Member Helen Keller's Avatar

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    look at the garbage they produced year after year.. most of those pistols were junk right out the box.


    i wonder what they paid out for all that trigger repair work ??
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    Administrator imanaknut's Avatar

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    According to a TV news article I just watched, the talking heads, lying news media blames the downfall on Remington on the fact they sell a version of the AR-15. Almost fell off the couch on that one.

  16. #16
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    Court approves $75 million loan to keep Remington afloat

    http://www.guns.com/2018/03/29/court...ource=facebook

    Steve
    After today, it's all historical.

  17. #17
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    U.S. judge approves gun maker Remington's bankruptcy plan

    https://www.reuters.com/article/us-r...-idUSKBN1I332W

    Steve
    After today, it's all historical.

  18. #18
    Senior Member raxar's Avatar

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    They totally abandoned quality, got rid of all the experienced people, and put out a series of shitty pistols

    It would be more of a tragedy if they didn't go bankrupt.
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    Then Use the motherfucking PURPLE ....

  19. #19
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Bank of America's Loan to Remington Tests Its Firearms Pledge

    https://www.usnews.com/news/top-news...irearms-pledge

    Steve
    After today, it's all historical.

  20. #20
    Team GunsNet Gold 07/2012 / Super Moderator Gunreference1's Avatar

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    Gunmaker Remington Emerges From Bankruptcy

    https://www.newsmax.com/finance/stre.../17/id/860953/

    Steve
    After today, it's all historical.

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