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Remington Arms Prepares for Bankruptcy, Weighs Sale to Navajo Nation

Discussion in 'General Discussion' started by RugersGR8, Jun 28, 2020.

  1. zipty6

    zipty6 Sharpshooter

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    I think you answered the question in your first paragraph with the statement in your second. Consumers aren't the ones letting Remington fade into the sunset. Does Remington currently produce anything that is not available with equal or better quality from another manufacturer? I'm at the point that I pass over Remington products because it's not worth trying to keep track of which Remington products have issues and which don't. The only exception for me is probably the 870. I'd buy a used 870 without hesitation.
     
    OKCHunter likes this.
  2. BReeves

    BReeves Sharpshooter

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    I hope the injuns buy it, wouldn't that be fitting considering the history, you know gun runners selling to the Indians and all that...

    Maybe I've been watching too many westerns lately.
     
    TerryMiller likes this.
  3. OKCHunter

    OKCHunter Sharpshooter

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    I like the 870 Wingmasters and the 1100; especially the quality of those in the 70’s - 90’s. The Wingmaster was my first gun and an all-time classic. I like their STS target loads as well, both for shooting and reloading. It’s hard to beat the 20 gauge STS for reloading.

    Also, I wonder what will happen to Marlin if the sale does not go through? Remington had a horrible start when they first acquired Marlin but I think they have it figured out now.
     
  4. O4L

    O4L Sharpshooter

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    Good question.

    I believe that DPMS and Bushmaster brands are also part of Remington.

    I also wonder what changes, if any, a new buyer would make to the list of firearms currently manufactured by Remington.
     
  5. TerryMiller

    TerryMiller Sharpshooter

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    Look to the right at the below link to see the brands owned by Remington.

    Remington Outdoor Company
     
  6. TwoForFlinching

    TwoForFlinching Sharpshooter

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    If it's picked up by the Navajo, wouldn't become an even more American company?
     
  7. thor447

    thor447 Sharpshooter

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    Wow, I had no idea! I saw a Dakota model 76 at WM in Tulsa a while back and fell in love. Those things are immaculate, and priced to match.
     
  8. SoonerP226

    SoonerP226 Sharpshooter

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    A friend is Osage, and in one of Colt's previous financial woetimes, he tried to get the Osage Nation to buy them, then use the "buy American" clauses to get the DoD to buy from them.

    He figured there would be some not insignificant poetic justice in Injuns selling guns to the Army.
     
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  9. dennishoddy

    dennishoddy Sharpshooter

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    The problem with acquiring the debt from Remington by anyone is that you would be purchasing the antique and worn out machinery used to produce the junk they put out now.
    A smart buyer would allow them into bankruptcy, let the machines to be sold as junk to whoever wants them buy the name and put the funds into new CNC machines that can produce precision firearms at a cost the public can afford while not producing junk.
    A CNC machine can produce 10X the receivers or barrels with one operator vs the last century screw gun boring machines that required 100 people to produce the same quantity at lower quality.
    The CNC machines produce quality repeatedly vs the old manual machinist that think they can get one more job out the door with a dull insert in their machine to save the company money in their minds while exactly the opposite happens with buyers/users after the product leaves the company and someone buys that reject.
    Social media sharing the rejects reflects badly on the manufacturing process and company reputation. Stock prices fall and here you are.
    The gun building business is pretty low profit until there is an Obama or Biden scare, then they make money. Ebb and flow with politics.
    I’d love to see the Remington brand back into the great firearm column but I suspect it will go into history as “one of those” my grandpa had.
     
  10. TwoForFlinching

    TwoForFlinching Sharpshooter

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    It's a rarity to hear a shooter speak so highly of modern technology. Everytime the subject comes up, the older shooters always talk trash on CNC/injection molded, mass produced arms and stuff. I admit I did too when Ruger announced their new 10-22 trigger housing would be polymer, but after catcjing onenof these on sale, I was pretty quick to order several to swap over the entire collection. While hand fit guns are nice to collect, it's pretty nice knowing parts are completely interchangable with similar tolerances. Kudos to you Hoddy.
     

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