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Max Online: 16728 @ 03/25/12 08:51 AM
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#7073572 - 02/10/18 04:22 PM Remington might file for bankruptcy
no-guts-no-glory Offline
Tracker

Registered: 01/02/09
Posts: 526

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#7073990 - 02/10/18 11:07 PM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
TurkeyHunter Online   content
THF Celebrity

Registered: 04/04/05
Posts: 12133
Loc: Bedford, TX
Restructuring not the going out of business kind.
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#7074201 - 02/11/18 08:06 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
clark3 Offline
Light Foot

Registered: 01/04/12
Posts: 47
Loc: Fort Worth, TX
Just take arranging their business is all

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#7075337 - 02/12/18 08:24 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
Dry Fire Offline


Registered: 06/15/09
Posts: 3439
Loc: Huntsville, AL
They got screwed over when Celebrus took them private.
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After Monday and Tuesday, even the calendar says W T F

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#7075381 - 02/12/18 09:01 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
Double Naught Spy Online   content
THF Trophy Hunter

Registered: 05/18/11
Posts: 5317
Loc: Forestburg, Montague Cnty, TX
What's the big deal? Colt has done this multiple times. It is just a reorganization thing.
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Si vis pacem cum sus, para bellum.
My Videos https://www.youtube.com/channel/UCG6la_HDvAobPBTDtj5B-lQ

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#7075604 - 02/12/18 11:34 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
huntwest Offline
Veteran Tracker

Registered: 09/17/10
Posts: 2261
Loc: Albany
They filed this morning

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#7075887 - 02/12/18 03:25 PM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
Nitro27 Offline
Tracker

Registered: 11/06/12
Posts: 574
Loc: Terrell,TX
Hope they mailed my nitro steel black friday rebate

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#7076629 - 02/13/18 08:37 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
gary roberson Offline
Pro Tracker

Registered: 09/18/08
Posts: 1477
From what I understand, things have not been going well at Remington for some time. At the Shot Show last month, there was not much optimism that things were going to turn around. They didn't have a new "wow" product that can create excitement.
Hope I am wrong but it appears that this is what happens when multi billion dollar corporations buy up companies that they know nothing about.
Adios,
Gary

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#7076684 - 02/13/18 09:18 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
VAFish Offline
Bird Dog

Registered: 02/09/15
Posts: 270
Loc: Fairfax, VA
$800 million in debt, sales down 27%.

I just have to wonder who keeps loaning these people money?

yeah they are going bankrupt, but the Remington name and their Model 700 rifles, Model 870 and 1100 shotguns are iconic. Somebody will buy up the remains of the company for a cheap price and start them back up again.
_________________________
"If your plan is for one year, plant rice.
If your plan is for ten years, plant trees.
If your plan is for one hundred years, educate children."
-- Confucius

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#7076745 - 02/13/18 09:57 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
Texas Dan Online   content
THF Celebrity

Registered: 07/28/08
Posts: 12914
Oldest American gunmaker?
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Dan,

Spring, Texas

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#7077423 - 02/13/18 05:44 PM Re: Remington might file for bankruptcy [Re: VAFish]
Double Naught Spy Online   content
THF Trophy Hunter

Registered: 05/18/11
Posts: 5317
Loc: Forestburg, Montague Cnty, TX
Originally Posted By: VAFish
$800 million in debt, sales down 27%.

I just have to wonder who keeps loaning these people money?

yeah they are going bankrupt, but the Remington name and their Model 700 rifles, Model 870 and 1100 shotguns are iconic. Somebody will buy up the remains of the company for a cheap price and start them back up again.


Yeah, if they just didn't keep selling all those defective 700s and getting their arses handed to them in lawsuits and have to do all the retrofitting, I figure they would probably still be solvent, LOL.

They will reorganize like Colt did. No big deal.
_________________________
Si vis pacem cum sus, para bellum.
My Videos https://www.youtube.com/channel/UCG6la_HDvAobPBTDtj5B-lQ

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#7084396 - 02/19/18 06:52 AM Re: Remington might file for bankruptcy [Re: no-guts-no-glory]
Charlieb68 Offline
Outdoorsman

Registered: 02/05/16
Posts: 69
They recalled the 597 Magnum in 17HMR. New the rifles were selling for between $350-$500 depending on the configuration. As part of the recall they were giving either coupons for $350 towards another Remington, or a $200 check. That's piss poor customer service right there. I still have a new in box 597 Magnum in 17HMR in the safe that will never be shot. Guess it'll be a collectors item one day, since all the other receivers will either be cracked or sent back and re-barreled to 22mag. I vowed at that point to never purchase another new Remington or any of their acquired brands from that point on.

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