Remington does it again... Bankruptcy No 2.

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jeff-10 said:
Wow, Vista Outdoors will be making a good amount of the name brand ammunition in the US.

Marlin fills Ruger's lever action niche. Really the only firearms they didn't make. Model 96 doesn't count, I don't know what they were thinking with that thing.

JJE Capital/PSA has the support of the South Carolina politicians and is likely as much of a cash cow as a gun business can be. They grabbed some second tier IP and will use their capital and know how with the new IP to expand.

Let's just hope the Model 700 continues. I hope as many employees as possible retain their jobs. Now's not the time to job hunt.
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Where are their shotguns? Oh yeah, they failed...........twice......
 
jeff-10 said:
Never met anyone who liked that 96.
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One came up for sale locally and I tried real hard to see what was not to like about it. Alas, someone else gets that honor. Wouldn’t mind seeing how much I wouldn’t like a 96/22 Magnum either.

Seriously though, I don’t know how they are. I would gladly buy one to find out though.
 
There's been (as expected) a lot of discussion about this bankruptcy. Since it looks like the Sandy Hook lawsuit is rendered ineffective by the breakup of Remington, I've read that the lawyers could go after Remington's insurers. Don't know if that's a legal option or not?
 
I’ve owned 2 Rugers and looked at another. Sorry but I wouldn’t own another for $.02.
 
It seems that the only jewels in this sale were Remington's ammo business and Marlin and that's why they were purchased by huge companies with deep pockets. All the rest were money losers or trademarks only and sold for almost nothing. PSA will probably just slap the DPMS name on guns coming off the same assembly line as their current products.
 
My theory would be that PSA would use the brand for premium products. Their reputation is for low cost ARs. DPMS might be applied to higher price point, higher quality products. They are pretty savvy marketers and I don't think they would pay for an asset that adds no value.
 
Hopefully PSA continues to support the DPMS G2 line. There was few 308 ARs as light as the G2 series.
 
earlthegoat2 said:
One came up for sale locally and I tried real hard to see what was not to like about it. Alas, someone else gets that honor. Wouldn’t mind seeing how much I wouldn’t like a 96/22 Magnum either.

Seriously though, I don’t know how they are. I would gladly buy one to find out though.
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Let's see, the Ruger 96: stiff trigger, short length-of-pull, kind of but not quite awkward with a scope, typical Ruger indifferent rimfire rifle barrels, the .44 Magnum version was limited in cartridge overall length by the magazine design (though any repeating rifle has this limitation). Oh, and I can tell you first hand the .44 Magnum version kicks like a mad mule on steroids. I still flinch remembering that little monster. On the other hand, it was a delight to carry in the woods, short, light and handy.

As for the Remington businesses, I'm glad Ruger got the Marlin piece. I'm hoping they're able to leave it in place after all of the time and money that was spent bringing the manufacturing up to 21st century standards. There's still some hit and miss on the final QA/QC on the latest Marlins I've seen, but the good ones are better than the late-production JM-stamped guns from New Haven. And I say this having owned an 1894PG in .44 Magnum and a 336BL in .30-30 that were late JM-New Haven guns. If Ruger can get a handle on the quality of the wood and wood finish, the new Marlin should have a bright future.

I'm on the fence on how I feel about the ammunition business ending up under the ATK umbrella. Time will tell on that front.
 
mcb said:
maybe for the better.
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cant get much worse. They circled the drain for a while with rampant quality issues and legal liability on multiple fronts. To be fair, the school shooting lawsuit was not their fault and is ridiculous to allow, but the 700 trigger issue SHOULD bankrupt them. Allowing grossly unsafe product for years not only leaves risk of lawsuit but could be considered criminal negligence. It’s what happens when the bean counters are behind the wheel.
 
Slater said:
So who (if anyone) actually owns the Remington name and trademark?
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Still a little fuzee but it appears the Roundhill Group will get it and maybe Vista will be allowed to use it also. Much in the same way the Winchester brand/trademarks is shared between Olin (ammo) and FN (guns). But I have nothing too concrete to support that yet.
 
WestKentucky said:
cant get much worse. They circled the drain for a while with rampant quality issues and legal liability on multiple fronts. To be fair, the school shooting lawsuit was not their fault and is ridiculous to allow, but the 700 trigger issue SHOULD bankrupt them. Allowing grossly unsafe product for years not only leaves risk of lawsuit but could be considered criminal negligence. It’s what happens when the bean counters are behind the wheel.
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My 1980 700BDL trigger is just fine and has performed flawlessly for these 40 years; as has my Model 7's
 
jeff-10 said:
Wow, Vista Outdoors will be making a good amount of the name brand ammunition in the US.

Marlin fills Ruger's lever action niche. Really the only firearms they didn't make. Model 96 doesn't count, I don't know what they were thinking with that thing.

JJE Capital/PSA has the support of the South Carolina politicians and is likely as much of a cash cow as a gun business can be. They grabbed some second tier IP and will use their capital and know how with the new IP to expand.

Let's just hope the Model 700 continues. I hope as many employees as possible retain their jobs. Now's not the time to job hunt.
Click to expand...

I'm not thrilled about this. Now one company controls three of the four domestic ammo brands. They also control three of the four domestic primer brands.

I'm not sure this would survive a court battle over being a monopoly.
 
I love Ruger buying Marlin. I couldn't think of a better caretaker for the historic line than Ruger. I've been looking at 1895s, now I'll hold off and see what develops.
 
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