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 Post subject: Big trouble for Remington
PostPosted: Fri Feb 09, 2018 7:52 pm 
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Location: Tampa suburbs
http://www.localsyr.com/news/report-rem ... /963718612




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 Post subject: Re: Big trouble for Remington
PostPosted: Thu Feb 15, 2018 12:17 pm 
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Joined: Wed Feb 17, 2010 2:49 pm
Posts: 2602
Location: Thiensville Wisconsin
you mean the V3 wasn't the saving grace? granted they have been flooding the market with that, and the sales have been good, I wonder how the ammo sales are for them?

I can't see Remington going anywhere, but perhaps a complete restructure will be coming down the pipeline.

Interesting read though as always.

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 Post subject: Re: Big trouble for Remington
PostPosted: Thu Feb 15, 2018 12:56 pm 
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Posts: 476
How is bankruptcy big trouble? Chapter 11 will be a godsend for a company so deep in debt.


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 Post subject: Re: Big trouble for Remington
PostPosted: Thu Feb 15, 2018 1:31 pm 
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Joined: Wed Dec 14, 2005 8:03 pm
Posts: 2960
Location: Mid-Missouri
How many threads does it take to discuss this?


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 Post subject: Re: Big trouble for Remington
PostPosted: Thu Feb 15, 2018 1:55 pm 
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Joined: Mon Jan 29, 2018 2:36 pm
Posts: 48
Location: South Central Pa. Blue and Grey Hiway
Bladeswitcher wrote:
How many threads does it take to discuss this?

I'll take One more Alex for $1,000.00
What is Chapter 11.....

Huge Remington Fan, have fathers Rem, have several Model 700, 870, 760-7600, etc.
They will survive.


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 Post subject: Re: Big trouble for Remington
PostPosted: Thu Feb 15, 2018 2:43 pm 
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Joined: Wed Feb 17, 2010 2:49 pm
Posts: 2602
Location: Thiensville Wisconsin
remfan4life wrote:
Bladeswitcher wrote:
How many threads does it take to discuss this?

I'll take One more Alex for $1,000.00
What is Chapter 11.....

Huge Remington Fan, have fathers Rem, have several Model 700, 870, 760-7600, etc.
They will survive.


Great username! and yes I think they will be just fine, they have been through this a few times now, and I'm sure they have the right people in place to turn it around. And or at least make the attempt.

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 Post subject: Re: Big trouble for Remington
PostPosted: Thu Feb 15, 2018 4:03 pm 
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Joined: Wed Nov 28, 2012 3:28 pm
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remfan4life wrote:
What is Chapter 11.....


Remington gets to reorganize while under protections of bankruptcy.

But the deal has been struck. Debt-holders are exchanging debt for equity. Remington will again be a publicly held company.

How much of a hair-cut the debt-holders took will be determined by the value of Remington stock. I presume they will need an IPO to determine that.


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 Post subject: Re: Big trouble for Remington
PostPosted: Fri Feb 16, 2018 10:22 am 
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Location: New Hampshire, USA
And how much money did they squander on that silly R51, that will never ever take off?


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 Post subject: Re: Big trouble for Remington
PostPosted: Sat Feb 17, 2018 2:07 pm 
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Joined: Mon Mar 28, 2005 11:25 pm
Posts: 1359
Location: Attica, Mi
I like my 380, 9MM, and 1911. They all shoot just fine. There's just too much competition.

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 Post subject: Re: Big trouble for Remington
PostPosted: Sat Feb 17, 2018 6:08 pm 
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bladesmith wrote:
I like my 380, 9MM, and 1911. They all shoot just fine. There's just too much competition.

Yeah we should shield companies that make crappy products from other companies that make superlative products. :lol: :roll:

Remington handguns are a joke. There isn't a single police department or dedicated USPSA or IDPA competitor using them.


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 Post subject: Re: Big trouble for Remington
PostPosted: Sat Feb 17, 2018 6:42 pm 
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Joined: Fri Oct 15, 2010 2:24 pm
Posts: 8132
Location: Upstate SC
There’s not a single law enforcement agency I know of either that issues the Ithaca 1911.

Yet it is one of the finest made 1911’s I have ever shot. Easily as good as some custom guns costing half again as much.


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 Post subject: Re: Big trouble for Remington
PostPosted: Sat Feb 17, 2018 10:35 pm 
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VTHokiesDuckHunter wrote:
There’s not a single law enforcement agency I know of either that issues the Ithaca 1911.

That's no surprise since no police agency in the country issues 1911s to its officers and very, very few left who authorize such as personal purchases for duty use.

Once again, Remington handguns sell to the general public that mostly shoots them once and place them in a sock drawer for the rest of the time they own them. Nobody who is a serious handgun user considers them a viable product.

They are a bottom tier product right up there with Taurus.


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 Post subject: Re: Big trouble for Remington
PostPosted: Sat Feb 17, 2018 11:41 pm 
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There are actually a number of US agencies who issue the 1911, and quite a few more that authorize it.


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 Post subject: Re: Big trouble for Remington
PostPosted: Wed Feb 21, 2018 11:13 am 
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Location: Long Island, south fork, east end
Have you seen a recent distribution 100 Sporting? I just examined a 20 gauge. It appears as though the butt pad was applied by a complete amateur and the wood-to receiver fit would be an embarrassment to the Remington makers of a few years ago. It may have been a fluke, but this gun was poorly put together.


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 Post subject: Re: Big trouble for Remington
PostPosted: Wed Feb 21, 2018 11:14 am 
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Location: Long Island, south fork, east end
Have you seen a recent distribution 1100 Sporting? I just examined a 20 gauge. It appears as though the butt pad was applied by a complete amateur and the wood-to-receiver fit would be an embarrassment to the Remington makers of a few years ago. It may have been a fluke, but this gun was poorly put together. This can't be the only gun that came through like this, and it can't be helping their position in the market.


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 Post subject: Re: Big trouble for Remington
PostPosted: Wed Feb 21, 2018 12:24 pm 
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Joined: Fri Oct 15, 2010 2:24 pm
Posts: 8132
Location: Upstate SC
All of the 1100 Sportings I’ve seen recently have had great wood, nicely done checkering, super nice recoil pass and excellent bluing.

I’m thinking about getting a 20 myself for my wife to shoot. (And me from time to time.....)


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 Post subject: Re: Big trouble for Remington
PostPosted: Wed Feb 21, 2018 1:50 pm 
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maierar wrote:
Have you seen a recent distribution 1100 Sporting? I just examined a 20 gauge. It appears as though the butt pad was applied by a complete amateur and the wood-to-receiver fit would be an embarrassment to the Remington makers of a few years ago. It may have been a fluke, but this gun was poorly put together. This can't be the only gun that came through like this, and it can't be helping their position in the market.

Sorry but I haven't seen one because they're not even on my radar screen when I think of new guns to buy.




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