Colt bought by CZ

Discussion in 'General Gun Discussions' started by CapnMac, Jan 11, 2021.

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  1. el Godfather

    el Godfather Member

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    How long it took them to bring out Cobra series?

    how many more ditch efforts and more bankruptcies to avoid going under and out?

    so yeah it may be funny but now they will have solid financials.

    look if they got to this and sold old- something was wrong and wasnt done right.
     
  2. SSN Vet

    SSN Vet Member

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    Sig is expanding significantly... just bought another 90,000 s.f. facility in Rochester, NH. And if you follow the news, you'll note that they are shutting down their big plant in Germany.

    And don't forget Ruger does all their casting at the Newport NH facility as well. :)
     
  3. daniel craig

    daniel craig Member

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    Czechoslovakia doesn’t exist anymore. We now have Czechia and Slovakia.
     
  4. tipoc

    tipoc Member

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    The truth is that Colt issued a public statement saying that due to the pressure of fulfilling the deadlines of military contracts and slow sales in the civilian market they would halt production of civilian versions of the rifle to catch up on the military side. Sales of AR's had slowed at that point and Colt had a stockpile of rifles on hand. They had rifles in the supply line at that point and in stores to be sold. That halt on the production of civilian guns lasted months. Colt then resumed production of civilian versions of the guns. This was in the fall of 2019. By June of 2020 sales picked up again and Colt resumed production of the civilian version of the rifle and carbine.

    During the early years of the Trump administration sales of ARs soared and the market was soon saturated. Every maker of ARs felt that slow down. Colt especially as you can see in the articles.

    It had nothing to do with the antis. You can follow the story below:

    https://www.americanrifleman.org/articles/2019/9/20/the-keefe-report-colt-s-mfg-and-foolishness/

    https://www.americanrifleman.org/articles/2020/6/26/the-keefe-report-colt-now-shipping-ar-15s/

    https://www.cnbc.com/2019/09/20/colt-will-stop-making-ar-15s-for-civilian-sale-but-people-still-have-other-options.html
     
    Last edited: Jan 21, 2021
    sabbfan likes this.
  5. franke1951

    franke1951 Member

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    Awesome. I didn’t notice who the quote was from?
     
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