https://www.thehighroad.org/index.php?threads/remington-does-it-again-bankruptcy-no-2.870725/
The above is not to thread cap but is another thread we had here on Remington's second bankruptcy that has lots of good background information on this second bankruptcy and the status of Remington.
In short Remington as we know it, what little of it is left at this point, is done IMHO. They could not find a buyer to exit this current bankruptcy outright so now Remington is set to be auctioned off in mid/late September, whether a buyer comes forward now or not. From what I have heard down here in Huntsville, there has been a fairly steady parade of potential auction bidders come through the facility (as well as the other facilities). I will not drop names but very few of them would surprise anyone here.
What is still up in the air is whether the judge is going to allow Remington (et al) to be sold as one unit or break it up in some way. The logical way to break it up would be by facilities. Ilion NY, Huntsville AL (though Remington does not own the Huntsville facility, the city of Huntsville does), Lonoke AK, Mona UT, Sturgis, SD, and Madison NC.
Lonoke (Remington has two ammunition plants there) and Mona (Barnes Bullets) could go together or separately to one of the other ammunition makers.
Huntsville will likely be returned to the City, that in turn would probably try to attract its own firearms related business due to all the ranges and firearms specific facility modification Remington did to the facility.
Ilion NY is were the core of Remington and Marlin is currently being made. But buying that facility that is in parts nearly 200 years old is an EPA nightmare. Remington has been grandfathered into a lot of that regulation. A new owner of that facility might not and the expense of bring much of that old and very larger (~1 million sq feet) facility up to modern standards could be prohibitively expensive.
Sturgis is the Custom Shop and Dakota Arms and it will be interesting to see what happens to that as those personnel are fairly valuable due to their skills but very hard to move.
The idea of separating brands is sort of laughable. Other than roll marks and box labels there is no distinction between the brands Remington owns. The same people and machines make everything. The few engineers they have left work across product lines. The idea that you can buy one brand out of the Remington family and get the machines and personnel specialized in that one brand is something that is not possible anymore. All you would get is the brand copyright just like FN with Browning and Winchester.
I fear this is the end of Remington, Marlin, AAC, Barnes, Dakota Arms as we knew it, only a miracle will save any semblance of what those brands use to be. RIP Bushmaster, DPMS, H&R, Para Ordnance, Tapco, The Parker Gun.
.
