Remington will sell to the highest bidder. Said new owner will likely break up the company to maximize it's immediate profit and sell off the non performers to shed losers. It will then vet the product line of Remington and drop the items which are the least profitable. Standard operating procedure in the business world.
This is just another event in business, money talks. The long term trend is called consolidation - and Cerberus had gobbled up a lot of Brands in the last ten years, almost demolishing every single one, which then limited competition. Just like GM, Ford, etc. After a certain point, they have all dropped the losers - Pontiac, Mercury, etc. As products become commodities and lose their status making social ranking they become staid as mashed potatoes on the market. Why? People buy fame to adorn themselves.
Hence Rolex as a symbol of status vs G Shock as a tool of the technically literate. Some people buy expensive guns to declare they can afford them. Others buy guns to USE them. Strangely enough the history of firearms as seen in books and museums is usually full of the high priced fancy stuff with little room devoted to the workaday tools that are the bulk of the market.
Rolexes over 40 years old are still repaired, reassembled from parts, etc. Timexes however have no long term value and repairing one is considered a fools' errand - they are junked. Same with expensive cars vs econoboxes. Plenty of certain categories at car shows, have you ever seen a cheap car lovingly restored on display? A 90's Camry?
Remington owned a few and they are gone for all intents and purposes, collectibiles now. I suspect the shotgun lines will be salvaged to continue to sell, the 700 remain with outsourced triggers to continue it's niche.
as hunting and shooting is constantly under attack and will continue to be until the rights are finally stripped in a generation or three.
This, however, is a bleak statement which isn't reality based. It lacks and understanding of what is really going on in CURRENT politics, which is going to sweep the liberal bias out of media and decimate the liberal political base when events soon unfold. Prepare to be both surprised and disgusted, as the evidence will be beyond shocking.
We are going to see not only our political scene reset, it will also reset our currency to a gold standard, and sweep out tens of thousands of criminals in high places. In retrospect what we think about Remington will appear somewhat limited and short sighted.
But you have to ask - if someone is going to spend millions buying it, why would they then destroy it? It would be the same as tossing bundles of money in the fire to keep warm, a very shortsighted and stupid thing to do.
but what Remington needs is focus. As another poster mentioned above, if I ran Remington, I'd close down the fire arms production and concentrate on ammunition production. I'd produce ammo, good solid, quality ammo at a reasonable price. I'd let the sale of ammo finance my restructuring of the firearms side of the business.
