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Remington Arms filing for bankruptcy #6155973
02/13/18 12:16 AM
02/13/18 12:16 AM
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ny
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Teallbrook Offline OP
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What a shame, hopefully there will be no jobs lost.


Glittering prizes and endless compromises shatter the illusion of integrity
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6155995
02/13/18 12:40 AM
02/13/18 12:40 AM
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Panhandle of Idaho
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board stretcher Offline
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do you have a link to this?


1989 speling "B" champione.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6155997
02/13/18 12:41 AM
02/13/18 12:41 AM
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Posts: 8,942
Rodney,Ohio
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Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156008
02/13/18 12:49 AM
02/13/18 12:49 AM
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Lugnut Online content
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Make junk for as long as Remington has and have as terrible a customer service base as they have, what did they think would happen? I'm surprised it took this long.


Eh...wot?
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156010
02/13/18 12:51 AM
02/13/18 12:51 AM
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montana
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A guy in Billings, MT. has been suing them for defective safties on their model 700's. His son was killed by one. His mom was unloading it and it went off, going through a horse trailer, killing him. The law suit isn't helping them any.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156012
02/13/18 12:52 AM
02/13/18 12:52 AM
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Posts: 15,804
Central, SD
Law Dog Online content
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When people feel safe gun sales go down, I posted the other day how bad business has been over the last year not complaining just stating the facts~ Just glad it's not the fear we had before and the unknown was so stressful.


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Remington Arms filing for bankruptcy [Re: merganser] #6156017
02/13/18 01:01 AM
02/13/18 01:01 AM
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Posts: 832
Maine
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Originally Posted By: merganser
A guy in Billings, MT. has been suing them for defective safties on their model 700's. His son was killed by one. His mom was unloading it and it went off, going through a horse trailer, killing him. The law suit isn't helping them any.


Very sad. No one should ever trust a safety.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156039
02/13/18 01:20 AM
02/13/18 01:20 AM
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NY
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Canvasback2 Offline
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2 questions:

1. What does this mean for the Marlin line of guns that they are now making ?

2. Hear a lot of people having to send guns , especially Marlin Lever Action Rifles, back to Remington to get them fixed, when they were bought brand new. Heard the time to fix the rifles is sometimes weeks. With that being said, if someone sends a gun back to Marlin/ Remington for repair, and while waiting for the gun to get fixed, Remington files Chapter 11; what happens to the guns that Remington/Marlin has in the repair room either being repaired or waiting to be worked on ?

The Company could go belly up and close up in 60 days. I believe that is the Federal Plant closing law that says they have to give workers 60 days notice of a plant closing.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156049
02/13/18 01:27 AM
02/13/18 01:27 AM
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Western pa
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frank1969 Offline
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I have had a gun at Remington for 5 months now it was a lss with a bad chamber still waiting on how it going to get fixed. They offered a different gun. I had it for 5 or so years never took it out the box only to find it had the bad trigger and a unit true chamber

Re: Remington Arms filing for bankruptcy [Re: board stretcher] #6156067
02/13/18 01:42 AM
02/13/18 01:42 AM
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Originally Posted By: board stretcher
do you have a link to this?


here's 3 pages of discussion; https://nchuntandfish.com/forums/showthread.php?142185-More-troubles-for-Remington


www.sevenoakstrappingsupplies.com
The 10 Commandments are not suggestions.
Buy a soldiers meal EVERY chance you can.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156070
02/13/18 01:45 AM
02/13/18 01:45 AM
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Rodney,Ohio
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Re: Remington Arms filing for bankruptcy [Re: merganser] #6156080
02/13/18 02:01 AM
02/13/18 02:01 AM
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Fredonia, PA.
Finster Offline
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Originally Posted By: merganser
A guy in Billings, MT. has been suing them for defective safties on their model 700's. His son was killed by one. His mom was unloading it and it went off, going through a horse trailer, killing him. The law suit isn't helping them any.
This is sad. However, it speaks volumes for safe firearm handling and muzzle control. ALWAYS!


Liberals are not for gun control, they are for no guns, then control!
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156086
02/13/18 02:04 AM
02/13/18 02:04 AM
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Western pa
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frank1969 Offline
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Look on the Bloomsburg report today

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156088
02/13/18 02:07 AM
02/13/18 02:07 AM
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Green County Wisconsin
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I didn't see for sure but I think this is restructuring , and not really a surprise.

I would hope that they break apart and run each line independently.

Marlin could remain it's own

remingtion shotguns could become it's own

H&R could be combined with marlin

bushmaster it's own

Remington rifles it's own

that way any part could be allowed to go under and not effect the others.

they should just give up on pistols they have been trying to break into that market for to long with very little success

ever since they were purchased by freedom group it was more of a wondering when they would get restructured

they may be going the way of Colt if they don't start listening to customers and building what people want and doing it well.


mosberg , savage , and ruger seem to have been listening to their customers much more lately , even S&W seems to have been spending more time listening , the M&P M2 seems to have answered most of the things people were customizing on the M&P line


America only has one issue, we have a Responsibility crisis and everything else stems from it.
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156096
02/13/18 02:17 AM
02/13/18 02:17 AM
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Remington gambled heavily on a Clinton win and lost, along with MANY other bad decisions. Though not as severe, many companies are feeling the effects of the Trump win. As stated above, the entire firearms industry is in a recession. Layoffs, cutbacks, STEEP price cuts, rebates: all signs of an industry trying to find footing. Cerberus goals have not been good for Remmy. Compounded with product problems and being behind the market as a matter of habit for decades now. Always behind the curve, makes it tough when you're in such a competitive market. Remington has seen tough times before; hopefully they can get their debt financed and restructure into a profitable company.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156114
02/13/18 02:33 AM
02/13/18 02:33 AM
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coonlove Offline
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The Remington 700 safety/trigger problem has gone on for a long time. There was a recall of guns made between 2006 and 2014. Also a ton of barrel failures in 870s and 1100s. They settled a class action suit on that one years ago. Their product line has gotten cheaper and even included some imported guns, so all the symptoms were in place.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156118
02/13/18 02:38 AM
02/13/18 02:38 AM
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Ohio
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75grainmuzzy Offline
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Marlin died the day remington bought them.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156119
02/13/18 02:38 AM
02/13/18 02:38 AM
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MI
lebowski Offline
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they screwed up big with the 700 safety problems.

I bought an 870 at kmart in 1993. Both companies now bankrupt

Last edited by lebowski; 02/13/18 02:39 AM.

"Yeah, well, you know, that's just, like, your opinion, man."

--The Dude
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156123
02/13/18 02:41 AM
02/13/18 02:41 AM
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MI
lebowski Offline
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Jobs are being lost and many layoffs last year

http://www.guns.com/2017/09/11/remington-arms/

Originally Posted By: Teallbrook
What a shame, hopefully there will be no jobs lost.


"Yeah, well, you know, that's just, like, your opinion, man."

--The Dude
Re: Remington Arms filing for bankruptcy [Re: Canvasback2] #6156125
02/13/18 02:44 AM
02/13/18 02:44 AM
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MI
lebowski Offline
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yep...60 days

https://www.dol.gov/general/topic/termination/plantclosings

Originally Posted By: Canvasback2

The Company could go belly up and close up in 60 days. I believe that is the Federal Plant closing law that says they have to give workers 60 days notice of a plant closing.


"Yeah, well, you know, that's just, like, your opinion, man."

--The Dude
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156148
02/13/18 03:01 AM
02/13/18 03:01 AM
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I have many Remington’s and love the majority of the older ones. I emailed them a month ago about a problem I have with my grandpas old 742. I told them I have a 742 and it fired when loading. Told them the firing pin was leaving an indention on the primer when loading and one fired. Barrel was pointed at the ground when it happened. Over a week later I get an email that said we don’t work on those any more.....
I recall every time I have emailed or called Ruger the question or issue was solved immediately . Believe my new guns will be Ruger or something else.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156182
02/13/18 03:35 AM
02/13/18 03:35 AM
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On a Boat
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Well they at least can get put out of their misery with a golden bullet.


At My Age Everything Comes with a lifetime Guarantee
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156262
02/13/18 05:54 AM
02/13/18 05:54 AM
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Minnesota
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My 600 Mohawk went off twice while unloading.. Remington worked on the safety and trigger before sending it back.


NRA and NTA Life Member





Re: Remington Arms filing for bankruptcy [Re: RJCOLE] #6156275
02/13/18 06:45 AM
02/13/18 06:45 AM
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St. Croix County, Wisconsin
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Originally Posted By: RJCOLE
I have many Remington’s and love the majority of the older ones. I emailed them a month ago about a problem I have with my grandpas old 742. I told them I have a 742 and it fired when loading. Told them the firing pin was leaving an indention on the primer when loading and one fired. Barrel was pointed at the ground when it happened. Over a week later I get an email that said we don’t work on those any more.....
I recall every time I have emailed or called Ruger the question or issue was solved immediately . Believe my new guns will be Ruger or something else.

I had the same issue with a 742. Nobody works on them anymore. The bolt breaks and goes unnoticed alot of time until the gun is pulled apart. They are junk but I still like mine.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156365
02/13/18 01:03 PM
02/13/18 01:03 PM
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And yet I bet the Remington prices in our 2 oligarchical gun stores in the city of pushing 200k won't drop by much. Its ridiculous the prices these 2 places want for new guns. I haven't bought anything new for a long time (except buying one for my kid)but I certainly wouldn't buy anything through these 2 brick & mortar places. But I guess there must be enough people who do...


"And God said, Let us make man in our image …and let them have dominion …and all the creatures that move along the ground".
Genesis 1:26
Re: Remington Arms filing for bankruptcy [Re: NonPCfed] #6156370
02/13/18 01:13 PM
02/13/18 01:13 PM
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Akron, Ohio
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Bought a 1100 the day I proposed to my wife 30+ years ago, put a hastings rifled barrel on it and scope about 4 years later and its been my slug
gun. I've killed a ton of deer with it and it is in great shape. I also put the gun chaps over the forearm and stock to protect the wood in the field.
Unfortunately they mass produced the 870 which in my opinion are throw away guns and they cheapened them greatly. I also have an older 30.06 that is a great
gun. To keep up with competition they felt the need to cheapen their guns?


"The more people I meet the more I love my dog!"
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156401
02/13/18 01:44 PM
02/13/18 01:44 PM
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Yes they did. Wish they wouldn't have. But what would the cheapskates complain about?

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156402
02/13/18 01:44 PM
02/13/18 01:44 PM
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Canvasback2 Offline
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Makes me wonder how long parts will be available for those guns. Got the old Marlin Model 60 with the longer magazine tube. Still works great. They changed the capacity on the tubular magazine about a year or 2 after I bought mine. The Remington 7600 30-06, that handles nice, too. Got that back around 1986 or 1987. Great fit and finish . Perfect wood. My only complaint on that Rifle, is that the fore end rattles. Don't know If that is common with that model, or , if there is anything that can be done to fix it. Otherwise , it works great.

Re: Remington Arms filing for bankruptcy [Re: bass10] #6156404
02/13/18 01:47 PM
02/13/18 01:47 PM
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lebowski Offline
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when do you think this change happened to the 870s? Mine is from 1993 and have had no issues with it...

Originally Posted By: bass10
Bought a 1100 the day I proposed to my wife 30+ years ago, put a hastings rifled barrel on it and scope about 4 years later and its been my slug
gun. I've killed a ton of deer with it and it is in great shape. I also put the gun chaps over the forearm and stock to protect the wood in the field.
Unfortunately they mass produced the 870 which in my opinion are throw away guns and they cheapened them greatly. I also have an older 30.06 that is a great
gun. To keep up with competition they felt the need to cheapen their guns?


"Yeah, well, you know, that's just, like, your opinion, man."

--The Dude
Re: Remington Arms filing for bankruptcy [Re: Preacherman Les] #6156406
02/13/18 01:49 PM
02/13/18 01:49 PM
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MI
lebowski Offline
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Look on the bright side, big GOP losses in the 2018 mid terms will have terrified gun buyers back in gun stores this fall and winter. LOL

Originally Posted By: Preacherman Les
Remington gambled heavily on a Clinton win and lost, along with MANY other bad decisions. Though not as severe, many companies are feeling the effects of the Trump win. As stated above, the entire firearms industry is in a recession. ...

Last edited by lebowski; 02/13/18 01:50 PM.

"Yeah, well, you know, that's just, like, your opinion, man."

--The Dude
Re: Remington Arms filing for bankruptcy [Re: lebowski] #6156460
02/13/18 02:54 PM
02/13/18 02:54 PM
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Lugnut Online content
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Originally Posted By: lebowski
Look on the bright side, big GOP losses in the 2018 mid terms will have terrified gun buyers back in gun stores this fall and winter. LOL

Originally Posted By: Preacherman Les
Remington gambled heavily on a Clinton win and lost, along with MANY other bad decisions. Though not as severe, many companies are feeling the effects of the Trump win. As stated above, the entire firearms industry is in a recession. ...


You trying to get this thread axed or yourself banned with that political post lebowski?


Eh...wot?
Re: Remington Arms filing for bankruptcy [Re: Canvasback2] #6156469
02/13/18 03:05 PM
02/13/18 03:05 PM
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Originally Posted By: Canvasback2
Makes me wonder how long parts will be available for those guns.


Parts are no longer available for many of Remington's discontinued models.

Back in 2005 I made the mistake of buying a new Remington 332. It was a replica of their famous model 3200 O/U. A few years later I was hunting grouse with it. A grouse flushed, I missed and when I broke the gun open to reload I heard a loud clang.

I looked down and was surprised to see my barrels lying on the ground, the stock and forearm still in my hands. The lug that held the forearm on the barrels had broke off due to a crappy soldering job.

I called Remington to tell them about the problem and, before I could begin, was informed by a very rude customer service rep that that they no longer made that gun and had sold all extra parts to a gun shop in California. I informed him I didn't need any parts, just wanted to know what Remington was going to do about it. The answer was nothing.

I took it to my local gunsmith and had it repaired.

That was the last new Remington I bought and likely ever will buy.


Eh...wot?
Re: Remington Arms filing for bankruptcy [Re: Lugnut] #6156482
02/13/18 03:26 PM
02/13/18 03:26 PM
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MI
lebowski Offline
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not at all. These types of conversations have to be happening with the management of gun companies.

The political climate and consumer confidence or fear has a huge impact on their sales

Originally Posted By: Lugnut

You trying to get this thread axed or yourself banned with that political post lebowski?


"Yeah, well, you know, that's just, like, your opinion, man."

--The Dude
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156501
02/13/18 03:40 PM
02/13/18 03:40 PM
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MAArcher Offline
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Iconic gun brands like Colt and Remington have been ruined after falling into the hands of venture capital and private equity. I wish we had some sort of historical heritage preservation system for company's like we do for property/buildings/landmarks. You could also add that its in the best interest of our national security to have a healthy firearms manufacturing industry on American soil so it should be preserved, innovation fostered and even subsidized if necessary.

My first gun purchase was a used 870 wingmaster in 1988.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156514
02/13/18 04:01 PM
02/13/18 04:01 PM
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Asheville, NC
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I read that firearms sales are down 27% since Hillary was defeated. Background checks are way down also. No telling how low it would be if the black rifle numbers were backed out of the totals.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156536
02/13/18 04:19 PM
02/13/18 04:19 PM
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happens in every company investors (owners) want dividends not excuses every board meeting is not about how can we improve quality its how can we cut costs to improve our bottom line. im not sticking up for them but don't blame the workers or reps. they're told what to say that's like blaming a waitress (waiter) for a tough steak


olden tyred
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156583
02/13/18 05:23 PM
02/13/18 05:23 PM
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Northeast Oklahoma
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Mike in A-town Offline
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When quality, reliability, and service take a back seat to increased profits this is what happens.

It's the same disease that killed Sears.

People can't grasp the concept that if you build a quality product for a reasonable price, and stand behind it, the world will beat a path to your door.

I would take decades of steady profit over a few quarters of record profits.

Mike


One man with a gun may control 100 others who have none.

Vladimir Lenin
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156656
02/13/18 06:56 PM
02/13/18 06:56 PM
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Iowa
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Mike and Jeff are both spot on. Nov 8th, 2016 didn't cause or start R's problems, they've been in trouble for many years. This reorg comes as ZERO surprise!
You can blame management, then to think that management goes on to other companies.....nuff said......UNBELIEVABLE!!!

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156708
02/13/18 08:26 PM
02/13/18 08:26 PM
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Oklahoma
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Matt28 Offline
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Well I take it teallbrook would like to blame it on Nov. 8 2016

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156725
02/13/18 08:42 PM
02/13/18 08:42 PM
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Northeast Oklahoma
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Mike in A-town Offline
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Northeast Oklahoma
Does anyone make a reasonably priced firearm anymore?... One that is worthy of use and being passed down? Not stamped aluminum and Rynite!

I'd pay upwards of a grand for a bolt rifle that looked halfway nice and worked well enough to pass on to my grandkids when the time comes. Browning? Weatherby?

Mike


One man with a gun may control 100 others who have none.

Vladimir Lenin
Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156739
02/13/18 08:54 PM
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bleeohio Offline
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Blame it on whatever suits you, but remington has been on a downward spiral for a long time. I'm surprised they kept afloat this long? Bad designs, bad customer service, heck even their ammo quality went to pot.


John 3:18
Re: Remington Arms filing for bankruptcy [Re: lebowski] #6156748
02/13/18 09:06 PM
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[quote=lebowski]when do you think this change happened to the 870s? Mine is from 1993 and have had no issues with it...

I bought my 1100 in 1988, my buddy bought a 870 the same year. I am not sure when it happened but I'd say sometime in the late
90's or early 2000's. I can definitely tell you the quality of the stock and metal is not what it is with mine. Heck my buddy's
870 was $380 in 1988 and you could buy a new one for about $280 in 2010?


"The more people I meet the more I love my dog!"
Re: Remington Arms filing for bankruptcy [Re: Mike in A-town] #6156749
02/13/18 09:07 PM
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Originally Posted By: Mike in A-town
Does anyone make a reasonably priced firearm anymore?... One that is worthy of use and being passed down? Not stamped aluminum and Rynite!

I'd pay upwards of a grand for a bolt rifle that looked halfway nice and worked well enough to pass on to my grandkids when the time comes. Browning? Weatherby?

Mike


Mike, plenty of quality vintage used guns that fit the description. Shop around. Even quite a few sporterized Springfields and Mausers out there that are still fine pieces. For a Grand on a new gun, A guy could hardly do better than a Ruger #1. I keep my eyes out for gently used at gun shows and have come up with some bargains.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156770
02/13/18 09:33 PM
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my 1187 has been flawless and taken a barge load of critters

Re: Remington Arms filing for bankruptcy [Re: jonesy] #6156784
02/13/18 09:51 PM
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Yes, the average Joes are going to say "I have a Remington XXXX and it works great" But what about all the people in the class action barrel suit, and the trigger group guys? I have Remington guns also, but always wonder when it will be mine.

Re: Remington Arms filing for bankruptcy [Re: coonlove] #6156792
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Osky Online content
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Originally Posted By: coonlove
Originally Posted By: Mike in A-town
Does anyone make a reasonably priced firearm anymore?... One that is worthy of use and being passed down? Not stamped aluminum and Rynite!

I'd pay upwards of a grand for a bolt rifle that looked halfway nice and worked well enough to pass on to my grandkids when the time comes. Browning? Weatherby?

Mike


Mike, plenty of quality vintage used guns that fit the description. Shop around. Even quite a few sporterized Springfields and Mausers out there that are still fine pieces. For a Grand on a new gun, A guy could hardly do better than a Ruger #1. I keep my eyes out for gently used at gun shows and have come up with some bargains.



Rugers... Sako.... Some Winchesters...Savage upper or lower models... To name a few.

Osky

Last edited by Osky; 02/13/18 10:04 PM.

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Re: Remington Arms filing for bankruptcy [Re: Mike in A-town] #6156800
02/13/18 10:11 PM
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Matt28 Offline
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Originally Posted By: Mike in A-town
Does anyone make a reasonably priced firearm anymore?... One that is worthy of use and being passed down? Not stamped aluminum and Rynite!

I'd pay upwards of a grand for a bolt rifle that looked halfway nice and worked well enough to pass on to my grandkids when the time comes. Browning? Weatherby?

Mike
I have a new weatherby vanguard with the new 2 stage trigger it been a decent gun so far. But if I was going to buy a new gun and plan on having it for ever, I would get a Thompsoncenter,tika or sako. Them are my picks.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6156816
02/13/18 10:33 PM
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Mike in A-town Offline
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Thanks guys.

I was starting to think that I was going to have to save up and go to the Holland & Holland showroom in Dallas. Lol

Mike


One man with a gun may control 100 others who have none.

Vladimir Lenin
Re: Remington Arms filing for bankruptcy [Re: coonlove] #6157391
02/14/18 12:50 PM
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Originally Posted By: coonlove
The Remington 700 safety/trigger problem has gone on for a long time. There was a recall of guns made between 2006 and 2014. Also a ton of barrel failures in 870s and 1100s. They settled a class action suit on that one years ago. Their product line has gotten cheaper and even included some imported guns, so all the symptoms were in place.


Not true, the class action suit has not yet been settled. I sent a 700 back this past fall for trigger repair on a rifle that had a discharge without a trigger pull. Was told by Remington that the suit is still not settled, but the judge has ruled Rem has to repair every 700 that has this problem . Also, on their website, where you enter your rifles serial number to check to see if your rifle is affected, does not give accurate info.. My serial number stated it was OK, but when I called Rem. They said my rifle needed to be repaired , and no cost to me.


Much of their financial problem is thanks to Andy Cuomos SAFE Act. It cost them to move much of their operation to Alabama.
But if they close, Herkimer, Ilion, and Frankfort, NY, Will suffer . Thanks Andy Cuomo and the rest of the NY Democrats for making northern NY the new Appalachia.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6157405
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Remington Arms is 25 miles from my house. It employs many people in our Area. I personally have a few of their guns, and I really like them. Grew up and used them exclusively. I have never had an issue that was a big deal. Took one gun in last fall for a problem. FIxed it for nothing. I have had the gun for close to 30 years. Right now they are ferlowing their workers here and there. I hope they get it together because I like their line, and want the area to not take a bad hit if they leave this area. I also have used a 700 model 243 for 25 years with no problems. My son loves that gun. Killed his first few deer with it.

Re: Remington Arms filing for bankruptcy [Re: Teallbrook] #6160953
02/17/18 11:29 PM
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As a 30 year retired former employee (retired in 2004) I can tell you this: DuPont owned Remington until 1993 when they sold it to investment bankers out of NYC, Clayton, Dublier & Rice, we used to refer to them as Dewie-Cheatem and How. THAT was the beginning of the downfall. They moved all of the salary R&D people to Kentucky, the over 50 ones they terminated and lost a big lawsuit (including DuPont) for age discrimination, held the company for 8 years because they couldn't sell it at year 5, they had bled too much out of it. Finally Ceribus (spelling) Finacial purchased the business and set up the Freedom Group. That's when they started buying up the other companies. It's been chaos inside ever since.
Remington is the longest, continuous manufacturing facility in the United States. The model 700 has been under lawsuits for decades. Mostly by the same law group that vowed to put Remington out of business. I can say this, if you own an older M700 and you do NOT tamper with the sear engagement screw, and you clean it as the owners manual instructs with Rem Oil, NOT WD40, BAD, BAD, BAD, you will not have a problem with it.
The 870 Chinese look alike is a close look alike, but don't overload it by mistake.
The company situation now has been caused by bankers. That's it. Sad thing to us that worked there when DuPont actually cared about product quality.

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