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Mar 25th, 2012
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Remington might file for bankruptcy #7073572
02/10/18 10:22 PM
02/10/18 10:22 PM
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no-guts-no-glory Offline OP
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Joined: Jan 2009
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Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7073990
02/11/18 05:07 AM
02/11/18 05:07 AM
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Bedford, TX
TurkeyHunter Offline
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Restructuring not the going out of business kind.


Aio, quantitas magna frumentorum est
Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7074201
02/11/18 02:06 PM
02/11/18 02:06 PM
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Fort Worth, TX
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clark3 Offline
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Just take arranging their business is all

Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7075337
02/12/18 02:24 PM
02/12/18 02:24 PM
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Huntsville, AL
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Dry Fire Online content
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They got screwed over when Celebrus took them private.


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Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7075381
02/12/18 03:01 PM
02/12/18 03:01 PM
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Forestburg, Montague Cnty, TX
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What's the big deal? Colt has done this multiple times. It is just a reorganization thing.


Si vis pacem cum sus, para bellum.
My Videos https://www.youtube.com/user/HornHillRange
Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7075604
02/12/18 05:34 PM
02/12/18 05:34 PM
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Albany
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huntwest Offline
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They filed this morning

Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7075887
02/12/18 09:25 PM
02/12/18 09:25 PM
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Nitro27 Online content
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Hope they mailed my nitro steel black friday rebate

Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7076629
02/13/18 02:37 PM
02/13/18 02:37 PM
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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

Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7076684
02/13/18 03:18 PM
02/13/18 03:18 PM
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Fairfax, VA
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VAFish Offline
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$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
Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7076745
02/13/18 03:57 PM
02/13/18 03:57 PM
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Texas Dan Online content
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Oldest American gunmaker?


Dan,

Spring, Texas
Re: Remington might file for bankruptcy [Re: VAFish] #7077423
02/13/18 11:44 PM
02/13/18 11:44 PM
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Forestburg, Montague Cnty, TX
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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.
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Re: Remington might file for bankruptcy [Re: no-guts-no-glory] #7084396
02/19/18 12:52 PM
02/19/18 12:52 PM
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Charlieb68 Offline
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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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