Remington Arms filing for bankruptcy
#6155973
02/12/18 08:16 PM
02/12/18 08:16 PM
|
Joined: Jan 2018
Posts: 163 ny
Teallbrook
OP
trapper
|
OP
trapper
Joined: Jan 2018
Posts: 163
ny
|
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]
#6156008
02/12/18 08:49 PM
02/12/18 08:49 PM
|
Joined: Dec 2006
Posts: 20,065 SEPA
Lugnut
trapper
|
trapper
Joined: Dec 2006
Posts: 20,065
SEPA
|
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]
#6156012
02/12/18 08:52 PM
02/12/18 08:52 PM
|
Joined: Dec 2010
Posts: 34,912 Central, SD
Law Dog
trapper
|
trapper
Joined: Dec 2010
Posts: 34,912
Central, SD
|
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
02/12/18 09:01 PM
02/12/18 09:01 PM
|
Joined: May 2016
Posts: 1,306 Maine
Jonnytrapper
trapper
|
trapper
Joined: May 2016
Posts: 1,306
Maine
|
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: merganser]
#6156080
02/12/18 10:01 PM
02/12/18 10:01 PM
|
Joined: Mar 2013
Posts: 17,038 Fredonia, PA.
Finster
trapper
|
trapper
Joined: Mar 2013
Posts: 17,038
Fredonia, PA.
|
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!
I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: Teallbrook]
#6156088
02/12/18 10:07 PM
02/12/18 10:07 PM
|
Joined: Sep 2013
Posts: 18,598 Green County Wisconsin
GREENCOUNTYPETE
trapper
|
trapper
Joined: Sep 2013
Posts: 18,598
Green County Wisconsin
|
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]
#6156114
02/12/18 10:33 PM
02/12/18 10:33 PM
|
Joined: May 2011
Posts: 849 Michigan
coonlove
trapper
|
trapper
Joined: May 2011
Posts: 849
Michigan
|
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.
"I'm the paterfamilias"
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: Teallbrook]
#6156119
02/12/18 10:38 PM
02/12/18 10:38 PM
|
Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
|
trapper
Joined: Jan 2014
Posts: 2,218
MI
|
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; 02/12/18 10:39 PM.
"Yeah, well, you know, that's just, like, your opinion, man."
--The Dude
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: Teallbrook]
#6156123
02/12/18 10:41 PM
02/12/18 10:41 PM
|
Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
|
trapper
Joined: Jan 2014
Posts: 2,218
MI
|
Jobs are being lost and many layoffs last year http://www.guns.com/2017/09/11/remington-arms/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
02/12/18 10:44 PM
02/12/18 10:44 PM
|
Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
|
trapper
Joined: Jan 2014
Posts: 2,218
MI
|
yep...60 days https://www.dol.gov/general/topic/termination/plantclosings 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]
#6156182
02/12/18 11:35 PM
02/12/18 11:35 PM
|
Joined: Jun 2007
Posts: 16,150 Tennessee
Scuba1
"color blind Kraut"
|
"color blind Kraut"
Joined: Jun 2007
Posts: 16,150
Tennessee
|
Well they at least can get put out of their misery with a golden bullet.
Let's go Brandon
"Shall not comply" with morons who don't understand "shall not infringe."
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: RJCOLE]
#6156275
02/13/18 02:45 AM
02/13/18 02:45 AM
|
Joined: Dec 2013
Posts: 863 St. Croix County, Wisconsin
ToTheWoods
trapper
|
trapper
Joined: Dec 2013
Posts: 863
St. Croix County, Wisconsin
|
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 09:03 AM
02/13/18 09:03 AM
|
Joined: Dec 2015
Posts: 6,341 se South Dakota
NonPCfed
trapper
|
trapper
Joined: Dec 2015
Posts: 6,341
se South Dakota
|
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 09:13 AM
02/13/18 09:13 AM
|
Joined: Mar 2009
Posts: 1,433 Akron, Ohio
bass10
trapper
|
trapper
Joined: Mar 2009
Posts: 1,433
Akron, Ohio
|
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: bass10]
#6156404
02/13/18 09:47 AM
02/13/18 09:47 AM
|
Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
|
trapper
Joined: Jan 2014
Posts: 2,218
MI
|
when do you think this change happened to the 870s? Mine is from 1993 and have had no issues with it... 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 09:49 AM
02/13/18 09:49 AM
|
Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
|
trapper
Joined: Jan 2014
Posts: 2,218
MI
|
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 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 09:50 AM.
"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 10:54 AM
02/13/18 10:54 AM
|
Joined: Dec 2006
Posts: 20,065 SEPA
Lugnut
trapper
|
trapper
Joined: Dec 2006
Posts: 20,065
SEPA
|
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 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 11:05 AM
02/13/18 11:05 AM
|
Joined: Dec 2006
Posts: 20,065 SEPA
Lugnut
trapper
|
trapper
Joined: Dec 2006
Posts: 20,065
SEPA
|
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 11:26 AM
02/13/18 11:26 AM
|
Joined: Jan 2014
Posts: 2,218 MI
lebowski
trapper
|
trapper
Joined: Jan 2014
Posts: 2,218
MI
|
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 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]
#6156536
02/13/18 12:19 PM
02/13/18 12:19 PM
|
Joined: Jun 2015
Posts: 4,964 rogers city mi.
jeff karsten
trapper
|
trapper
Joined: Jun 2015
Posts: 4,964
rogers city mi.
|
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 01:23 PM
02/13/18 01:23 PM
|
Joined: Sep 2013
Posts: 10,404 Northeast Oklahoma
Mike in A-town
trapper
|
trapper
Joined: Sep 2013
Posts: 10,404
Northeast Oklahoma
|
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]
#6156725
02/13/18 04:42 PM
02/13/18 04:42 PM
|
Joined: Sep 2013
Posts: 10,404 Northeast Oklahoma
Mike in A-town
trapper
|
trapper
Joined: Sep 2013
Posts: 10,404
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 04:54 PM
02/13/18 04:54 PM
|
bleeohio
Unregistered
|
bleeohio
Unregistered
|
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.
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: lebowski]
#6156748
02/13/18 05:06 PM
02/13/18 05:06 PM
|
Joined: Mar 2009
Posts: 1,433 Akron, Ohio
bass10
trapper
|
trapper
Joined: Mar 2009
Posts: 1,433
Akron, Ohio
|
[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 05:07 PM
02/13/18 05:07 PM
|
Joined: May 2011
Posts: 849 Michigan
coonlove
trapper
|
trapper
Joined: May 2011
Posts: 849
Michigan
|
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.
"I'm the paterfamilias"
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: jonesy]
#6156784
02/13/18 05:51 PM
02/13/18 05:51 PM
|
Joined: May 2011
Posts: 849 Michigan
coonlove
trapper
|
trapper
Joined: May 2011
Posts: 849
Michigan
|
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.
"I'm the paterfamilias"
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: coonlove]
#6156792
02/13/18 06:03 PM
02/13/18 06:03 PM
|
Joined: Dec 2013
Posts: 9,323 Northern MN
Osky
trapper
|
trapper
Joined: Dec 2013
Posts: 9,323
Northern MN
|
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 06:04 PM.
"A womans heart is the hardest rock the Almighty has put on this earth, and I can find no sign on it" Jabless in Minnesota www.SureDockusa.com
|
|
|
Re: Remington Arms filing for bankruptcy
[Re: Mike in A-town]
#6156800
02/13/18 06:11 PM
02/13/18 06:11 PM
|
Joined: Nov 2013
Posts: 2,971 Oklahoma
Matt28
trapper
|
trapper
Joined: Nov 2013
Posts: 2,971
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 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 06:33 PM
02/13/18 06:33 PM
|
Joined: Sep 2013
Posts: 10,404 Northeast Oklahoma
Mike in A-town
trapper
|
trapper
Joined: Sep 2013
Posts: 10,404
Northeast Oklahoma
|
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 08:50 AM
02/14/18 08:50 AM
|
Joined: Dec 2014
Posts: 2,477 Tug Hill, NY
Squash
trapper
|
trapper
Joined: Dec 2014
Posts: 2,477
Tug Hill, NY
|
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]
#6160953
02/17/18 07:29 PM
02/17/18 07:29 PM
|
Joined: Jan 2018
Posts: 1,712 Henry Co, IL
3togo
trapper
|
trapper
Joined: Jan 2018
Posts: 1,712
Henry Co, IL
|
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.
|
|
|
|
|