dak0ta
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Remington and Bankruptcy
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Salmoneye
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Sadly, this will be closed as a drive-by unless you quickly add a synopsis and some of your thoughts...
My thoughts are that I am not surprised after the last 5 years of watching them scramble with the Marlin division specifically...
My thoughts are that I am not surprised after the last 5 years of watching them scramble with the Marlin division specifically...
Would hate to see the end of Remington because what does that leave? I'm OK with Winchester and Ruger but Savage? Owned 2 Savage rifles and both were problems that I sent down the road.
If Remington just put the quality back in their firearms they could be on the road back.
If Remington just put the quality back in their firearms they could be on the road back.
CLP
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That alone does not solve their woes.
You need to add a little story and your thoughts if you want this thread to stay open.
well, my thoughts are I wish this had happened to Remington before they bought Marlin and ran them into the ground. That's why I only buy JM stamped Marlins. Hopefully Remington will be forced to sell off some assets to people that care about the finished product rather than just the bottom line. In fact, in about 35 years of gun ownership I have never owned a Remington product other than little green and yellow boxes, of which I haven't bought in several years and still trying to shoot off what I have left. Not that I was protesting them, they didn't have anything that tickled my fancy.
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I am much the same. There is just little in their line that interests me much other than the 700 shotgun.
I had always hoped they would bring back the 1858 and possibly a factory cartridge conversion. Of course, I have no idea how much such a revolver would cost. However, it would be something that I would be interested in.
JTHunter
Member
Powder, that is why I consider myself lucky. About 4 years ago, I finally completed an auction on Gunbroker and got a 20 year old Marlin 1894. During the previous year, several people had warned me about that "Q.C. problem" of the "Remlins". This rifle has a couple of light gouges in the wood and a few other signs of wear. I had a gunsmith I know check the pull weight of the trigger and was told it is 3.5-4 lbs. and the barrel looked very good, so I got a good one. That 1894 makes the third Marlin I own with the other two being .22LR and .22 Mag bolt-actions.
somethingbenign
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I always had good luck with the .22lr golden bullet. 1 or 2 misfires over two bricks vs other brand that I seem to have one every 25 or so. I really hope Marlin gets past on to someone else. I have a soft spot for lever guns and even though most are Henry more competition in the market is always a good thing for consumers.
MidRoad
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JeeperCreeper
Member
The name alone is too powerful to die. Same with Colt, Winchester, Browning, etc.
I didn't read the full article, but this story has been told many times before: wiping debts, restructuring, buy-outs, and new management. Or something along these lines.
I hope Marlin and Remington can get back to making good stuff under good leadership. But Remington will still be around, even if it's a shell company branding cheap knives, shirts, hunting gear... Until one day it gets brought back.
Until then, I wonder if there will be any good sales... I could use an R1 1911 at a discount (shameless selfishness).
I didn't read the full article, but this story has been told many times before: wiping debts, restructuring, buy-outs, and new management. Or something along these lines.
I hope Marlin and Remington can get back to making good stuff under good leadership. But Remington will still be around, even if it's a shell company branding cheap knives, shirts, hunting gear... Until one day it gets brought back.
Until then, I wonder if there will be any good sales... I could use an R1 1911 at a discount (shameless selfishness).
JeeperCreeper
Member
Plot twist: what if, Mossberg, as a privately owned company, buys out Remington and Marlin, cornering the market on pump shotguns and budget lever guns...
...like the board game Monopoly but with guns!!!
...like the board game Monopoly but with guns!!!
Remington's problems go WAAAAY back. The only truly good guns they ever offered were the 870 and 1100 shotguns. Their rifles were always over rated. But the name will continue and hopefully it will become a respected company again.
Winchester, Colt, and S&W have been bought and sold multiple times and their name lives on under new ownership. I think the same will happen to Remington. Ruger is really the only USA brand that is strong and under the original ownership.
Winchester, Colt, and S&W have been bought and sold multiple times and their name lives on under new ownership. I think the same will happen to Remington. Ruger is really the only USA brand that is strong and under the original ownership.
equin
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The reuters link didn’t say whether Remington planned on filing for Ch. 7 or reorganization. But it did talk about financing to continue operations during the planned bankruptcy proceeding. So I think that means reorganization of debt?
"Rem 700..... Way over rated"
I guess that's why Stiller and Defiance ,to just name two...Can't make enough rem 700 clone actions for their customers. It IS a good design.
The earlier Rem 700's were all generally good shooters. With a few small tweaks...Great shooters. Remington started dropping quality several years ago. Such a shame.
Then there was the trigger issue....they spent a LOT of money on that, between recalls, lawsuits and blood sucking attorneys.
Doubt they will go away, but I doubt their quality will improve either. Such a shame.
I guess that's why Stiller and Defiance ,to just name two...Can't make enough rem 700 clone actions for their customers. It IS a good design.
The earlier Rem 700's were all generally good shooters. With a few small tweaks...Great shooters. Remington started dropping quality several years ago. Such a shame.
Then there was the trigger issue....they spent a LOT of money on that, between recalls, lawsuits and blood sucking attorneys.
Doubt they will go away, but I doubt their quality will improve either. Such a shame.
TTv2
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I loved what Remington use to be, they use to be a company that innovated and created well made, reliable firearms that both civilians, hunters, and the military used. Sure, a lot of the designs they came up with were out of desperation to keep the company afloat in the 19th Century, but the 1858 New Model Army, the Rolling Block, the o/u derringer... these were some of the most innovative and mass produced firearms in the world at the time.
Those firearms were to the 19th Century to what the 700 and 870 were to the 20th Century.
But, it's not the 60s and 70s anymore. Times have changed, match rifle performance has been engineered to be possible out of budget priced rifles like Ruger and Savage and with better quality from the factory.
Idk if Remington is a salvageable brand. Mossberg is the shotgun I like and want, not Remington and there's nothing Remington can make that would make me want one. Ruger American's and Savage Axis are the rifles I want, not the 700. The R51, the RP9... they can't compete with what else is out there for 9mm pistols.
Even if Remington found some engineers in a closet who had these genius ideas, their employees out on the floor wouldn't be able to follow through and produce good parts and guns because the skill level isn't there.
The machinists and assemblers of the 50s, 60s, 70s, 80s... they were smart, they were well educated. Today? No, all thanks to the wonders of modern public education.
I still think the Remington brand has value and there's still money that can be made, it's just not in firearms, not anymore. The ammunition though, I know a lot of people talk crap about their .22 LR, I've never had a issue with it, their ammunition isn't bad. Federal ATK, Olin, Hornady... they'd be fools not to buy out Remington's ammunition manufacturing and produce it themselves.
Merchandise is another big one. Clothing and such, I think there's still money in that.
Those firearms were to the 19th Century to what the 700 and 870 were to the 20th Century.
But, it's not the 60s and 70s anymore. Times have changed, match rifle performance has been engineered to be possible out of budget priced rifles like Ruger and Savage and with better quality from the factory.
Idk if Remington is a salvageable brand. Mossberg is the shotgun I like and want, not Remington and there's nothing Remington can make that would make me want one. Ruger American's and Savage Axis are the rifles I want, not the 700. The R51, the RP9... they can't compete with what else is out there for 9mm pistols.
Even if Remington found some engineers in a closet who had these genius ideas, their employees out on the floor wouldn't be able to follow through and produce good parts and guns because the skill level isn't there.
The machinists and assemblers of the 50s, 60s, 70s, 80s... they were smart, they were well educated. Today? No, all thanks to the wonders of modern public education.
I still think the Remington brand has value and there's still money that can be made, it's just not in firearms, not anymore. The ammunition though, I know a lot of people talk crap about their .22 LR, I've never had a issue with it, their ammunition isn't bad. Federal ATK, Olin, Hornady... they'd be fools not to buy out Remington's ammunition manufacturing and produce it themselves.
Merchandise is another big one. Clothing and such, I think there's still money in that.
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These days the "skill" is in the machines. If you can afford the machines to make the perfect parts you can make anything really well. You don't need the hand craftsmanship anymore. The people still doing it by hand are often doing it that way because they can't afford to buy the machines, or just don't want to. It changes the dynamic a lot. You think Ruger or S&W is making anything by hand? Or any of the bazillion companies making ARs?
lemaymiami
Member
Absent any bailout... the marketplace will ruthlessly cut down any company making bad decisions... and I wouldn't want it any different.
Whether the brand survives or prospers will be interesting to watch - but the above rules will always apply - whether I own one of their products or not. I've always preferred the Remington 870 and nothing will change that since all of my training and years of experience have been with them. There are so many of them in existence now that I doubt that used ones in good condition will ever be in short supply.
Whether the brand survives or prospers will be interesting to watch - but the above rules will always apply - whether I own one of their products or not. I've always preferred the Remington 870 and nothing will change that since all of my training and years of experience have been with them. There are so many of them in existence now that I doubt that used ones in good condition will ever be in short supply.
Exactly.
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