Remington files for bankruptcy - The HuntingPA.com Outdoor Community
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post #1 of 14 (permalink) Old 03-26-2018, 09:38 AM Thread Starter
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Lack of quality control and producing junk 710, 783, 883, just to name a few of the cheaply made garbage.

Is too much to overcome!

Last edited by 243kid; 03-27-2018 at 11:44 PM.
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post #2 of 14 (permalink) Old 03-26-2018, 01:33 PM
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IMO its the drastic fall in quality control
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post #3 of 14 (permalink) Old 03-26-2018, 09:08 PM
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I would like to know if Remington Arms changed their name to Remington Outdoors , because the local news station in Lancaster Pa keeps calling them that , am I wrong or are they? hope they come out of it because they made quality guns and probably still do, haven' bought any lately
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post #4 of 14 (permalink) Old 03-26-2018, 09:25 PM
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Remington is not going out of business, merely filing bankruptcy. 700 million is not an insurmountable amount of debt in the world of big business. Donald Trump's bankruptcies involved more debt than Remington's.

Remington Outdoors is the holding company that manages Remington firearms. The are owned by Cerberus Management Group. For the purpose of general discussion Remington Outdoors and Remington Firearms can be considered one in the same.

I'm confident Remington will be around for some time to come. As for the quality - I hope they will go back to making more quality firearms and stop focusing on the $300.00 junk plastic rifle. These are not the firearms that built the company.
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post #5 of 14 (permalink) Old 03-26-2018, 09:54 PM
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simoncool, thank you for the information , I agree with you on the plastic on the guns , I personally prefer the wooden stocks ,just like many others do
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post #6 of 14 (permalink) Old 03-27-2018, 11:37 PM Thread Starter
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Investment bankers from Connecticut (Freedom Group) purchased a number of firearm companies (Marlin, H&R, Remington, etc.) and then promptly ruined them by squeezing every bit of value they could out of them, leaving them in massive debt, then walking away with stacks of cash, leaving ruined companies behind them. With Remington, this meant quality control went into the gutter and cheaply made imported parts from Mexico were used whenever possible. Add to that faulty engineering (ex. the 597 (blow up in your hands) and R51 (won't function period) just to name two) and you have a recipe for garbage guns made as cheaply as possible. There is a reason Remington just went bankrupt, their greedy masters ruined them and no one buys Remington garbage guns anymore if they know better.

As a final example, I offer the Remington 870. When Remington can no longer build an 870 that works, it is time to go out of business. A couple years ago I encouraged a friend who was new to firearms to purchase an 870 when he wanted to get his first shotgun. The gun would not eject shells. You had to "mortar" the gun to get them to eject. This will of course eventually break the extractor, to say nothing of the fact that this manufacturing defect (rough chamber) makes the gun a single shot that is slow to reload. I knew then that the Remington we all knew and loved had died.
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post #7 of 14 (permalink) Old 03-28-2018, 07:19 AM
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Just to avoid confusion, Remington Outdoors was formerly known as Freedom Group. It is essentially the same outfit renamed. They both fall under the Cerberus Management Group umbrella.
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post #8 of 14 (permalink) Old 03-28-2018, 07:55 AM
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Remington firearms has had a QC problem for a long, long time. I hope that this situation snaps them out of it and they make the right decisions relative to the quality of products.

If I remember correctly didn't Savage Arms go through something similar? I kind of recall that they made quality stuff - then junk @ 1960's - and then retooled themselves to become, once again, a producer of solid firearms and leading edge innovations relative to the industry?

And how about Winchester? Didn't they have a similar experience?

Good night Chesty, wherever you are......
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post #9 of 14 (permalink) Old 03-28-2018, 08:01 AM
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what if george soros and friends purchases Remington in the bankruptcy and then closes the doors ?

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post #10 of 14 (permalink) Old 03-28-2018, 08:06 AM
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Quote:
Originally Posted by bohunr View Post
what if george soros and friends purchases Remington in the bankruptcy and then closes the doors ?
I will have nightmares tonight...........

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Good night Chesty, wherever you are......
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