Remington does it again... Bankruptcy No 2.

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Perhaps the union should bid on the company.
Not sure the Mine Workers Union would be the best new owners of a Firearms company. That whole union thing has done more damage than good for Remington. As I understand it the Mine Worker's Union unionization of Remington's Ilion facility (most of the other Remington facilities are non-union shops) was done as revenge against one of the former CEO's of Remington.
 
I have heard a decently reliable source that Sig is involved in some of the bidding, likely for aspects of Remington Defense and Ruger may have bid on Marlin.

That news is worth exactly what you paid for it...
 
I would love to see Marlin get out from under Remington. Ruger would at least make sure the rifles were produced in substantial numbers and might even get the price down a bit. Marlin doesn't seem to be getting anywhere under the current ownership.

If they were bought by Ruger, what would the new nickname be? I have heard Rem-lin in the past. Ru-lin does sound right. I don't know if Mar-ger does either. RuMarlin and Marlinger sound like completely different name.
 
I would love to see Marlin get out from under Remington. Ruger would at least make sure the rifles were produced in substantial numbers and might even get the price down a bit. Marlin doesn't seem to be getting anywhere under the current ownership.

If they were bought by Ruger, what would the new nickname be? I have heard Rem-lin in the past. Ru-lin does sound right. I don't know if Mar-ger does either. RuMarlin and Marlinger sound like completely different name.

How about drop the silly and insulting names and use Marlin. After the transition period, the rifles produced by Remington owned Marlin were fine.

Ruger might be a fine owner but if they move the company again there will be yet another transition period.
 
From all the reports I heard, the Remington-Marlin guns were far from fine. I heard about quite a few QA/QC issues, but I never owned a newer model. I am sure it wasn't ALL the rifles. It never is. Remington had similar problems with other guns they made. I have heard the recent guns are pretty good, but I rarely see them and the cost has gone up. At one time, Rossi and Marlin were the common guns to see in stores. In the last 10 years, it is mostly Henry. It will be interesting to see what another owner can do with the brand.
 
I happen to own two Marlins from Remington ownership and of the dozens of Marlins I have owned and of the several I still own the two REP Marlins are among the best I have owned, function and accuracy. The wood quality has suffered but this is not unique to Marlin. So, I am telling you different from what you have heard as an actual owner of Marlin rifles, JM and REP.

Henry and the tube loading and clunky look I will pass on along with their fake history. Lever guns will never be inexpensive whoever owns Marlin if anyone. To many parts and assembly work and two piece stocks, bands and clamps. The reason Marlin was limping along with antique worn out machinery and was purchased by Remington and a shift to CNC processes is they were unprofitable and selling below sustaining costs.
 
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Marlin doesn't really exist. They are not a separate operation. Marlin firearms are made in the same factories as all other Remington owned brands. All you would be buying is the name and logo.
 
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Ruger buying Marlin would make some sense. But Marlin rifles use forged receivers. Ruger made it's name with cast parts. I wonder if Ruger would still forge the receivers?
 
In case you haven’t seen this elsewhere:


• Vista Outdoor, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit A with respect to the Lonoke Ammunitions Business and certain IP assets; and SIG Sauer, Inc. as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit B with respect to the Lonoke Ammunitions Business;

• Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with respect to certain Firearms Business IP assets and Exhibit E with respect to certain non-Marlin Firearms Business inventory, respectively;

• Sierra Bullets, L.L.C. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit F with respect to the Barnes Ammunitions Business; and Barnes Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit G with respect to the Barnes Ammunitions Business;

• Sturm, Ruger & Company, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit H with respect to the Marlin Firearms Business; and Long Range Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit I with respect to the Marlin Firearms Business;

• JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brands;

• Franklin Armory Holdings, Inc., or its designated assignee, as the Successful Bidder with respect to the Bushmaster brand and certain related assets; and

• Sportsman’s Warehouse, Inc. as the Successful Bidder with respect to the Tapco brand.

The hearing to approve the winning bids will take place on Tuesday, September 29. Watch this space.
 
@swingmaster beat me by a minute or two. I will post it anyway with my commentary for what little that is worth.

https://www.thetruthaboutguns.com/r...mington-ammo-franklin-armory-gets-bushmaster/

Very interesting information in the link above. In short and assuming Judge approval, financing etc. etc. etc.:

Vista Outdoors get Remington Ammo (ie the two Lonoke plants), I suspect this will be the only aspect of Remington that will remotely still be like the (good parts of) old Remington since that brand and facility will remain relatively in place and intact.

Roundhill Group LLC appears to get Remington Firearms, though this is not complete clear and I have no idea who Roundhill is yet. I also don't know if this means they are buying the Ilion NY facility.

Sierra Bullets get Barnes. I think this is good and I really hope Sierra does not screw Barnes up they are one of my favorite hunting bullet makers.

Ruger gets Marlin, I can hear many applauses for this and it seems like a good marriage except for the fact that I don't understand how Ruger will extract Marlin from Ilion NY without it going to crap like it did when Remington bought it. Hopefully Ruger does a better job of the move but again most of the Marlin expertise has already departed Remington.

JJE Capital gets DPMS, H&R, Stormlake, AAC, and Parker, and I believe for being the Stalking Horse bidder for the ammunition segment but not getting any part of that aspect of the business Remington will own them 1.8 Million dollars in cash.

Franklin Armory gets Bushmaster, this somehow seems fitting. What become of the Sandy Hook law suit with this change of owners?

Sportsman's Warehouse gets Tapco, :rofl:
 
Fascinating. So JJE/PSA isn't taking over the world like some thought. All they ended up with is the brand name for DPMS, H&R, and AAC.
 
Fascinating. So JJE/PSA isn't taking over the world like some thought. All they ended up with is the brand name for DPMS, H&R, and AAC.
I would assume that purchase comes with all the IP related to each. Maybe PSA can start making DPMS GII rifles again. AAC still made a good suppressor if slightly dated in some of the product lines. My SDN-6 has been a tank. The new AAC Jaeger 30 was actually a pretty spectacular hunting suppressor especially for the price and weight.
 
Does Vista also get the Utah facility?

It appears Sierra will get the Utah facility since the Utah facility is Barnes pretty much exclusively. Occasionally Barnes loaded ammunition that was package as Remington and occasionally Remington's Lonoke facility would run ammunition that was sent out in Barnes packaging but Mona Utah is the home of and pretty much completely Barnes.

The ammunition separation seems pretty clear. Sierra gets Barnes/Mona Utah and Vista gets Remington/UMC/Peters/etc ammunition and the two Lonoke Arkansas facilities.

What will be more interesting is how they will separate the firearms brands and IP and facilities since they were so integrated with each other, both in machines and people. For example the two brands of Bushmaster and DPMS, where sold to two separate companies and yet for the last 4-5 years they were both being made here in Huntsville, the barrels and receiver sets were coming off the same machines, run by the same people. The same pool of engineers, both design and manufacturing, work on both product lines. Same with sales and marketing. Similar can be said of Marlin and Remington out of the Ilion facility.

It is also still not clear who exactly ends up with the historic Ilion facility. Round Hill Capital seems like they are getting it but what is a real estate investment, development, and asset management firm going to so with a firearms factory, especially a 194 year old firearms factory.

It will be interesting to watch the fragments of Remington scatter and were they ultimately end up. Poor old Remington is no more...
 
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Well, we have seen Sierra and other bullet makers have their products end up in other brands ammo; we have seen where a few makers of AR lowers makes them for a huge number of companies and just puts whatever name on them is desired. In today's world, crossover seems to be the norm. You are right about Ilion; what a real estate company would want with that, unless they intend to then sell off the machinery and IP properties and then shut things down for good. Otherwise, they will most likely operate it like Cerebus/Freedom did and swap out financials and run away.
 
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Wonder if Bushmaster will rise again?
Someone spent good money to buy it so it's a good bet that they will at least try. The brand has good name recognition in the firearms community. That makes it worth something.

My guess is that Ruger well probably end up taking the intellectual property and machines that make the Marlin rifles and move it to one of their plants along with whatever engineers might be left that they find useful. Most of the Marlin stuff hasn't really changed a whole lot in a while so there may not be a whole lot of movement of engineers to Ruger facilities.

I don't know what PSA thinks they can do with some of the names they bought. it's not like h&r is a household name but in the firearms community there are still a lot of people that remember it and remember some of the nifty firearms they made. DPMS is probably something they can just stamp on their existing PSA rifles.

Sometimes you can be successful at fixing a bankrupt company. The guys that run charter arms now seem to have done a pretty fair job of it.

It might be that the real estate is worth more as land or something else than as a firearms manufacturing facility. If so you might see some of what is now manufactured there sold off in separate transactions.
 
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Wonder if Bushmaster will rise again?

IANAL and the actual document that revealed all of this bidding results is nearly 1500 pages. But I don't see any sections for successor liability. And since this is an asset sale I think they might shield the new owners from existing suits against the current and former owners.

https://cases.primeclerk.com/RemingtonOutdoor/Home-DocketInfo Docket 821 contains all this bid information. <- good bed time reading.
 
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.
 
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.

The 700 is not going anywhere, simply because you can make a Remington 700 and never touch a Remington made part, just as you can build a Glock and never touch a Glock part. So even if Remington stops making 700's as a result of this mess the 700 will live on in a variety of derivative forms for many years to come.
 
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