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 Post subject: Well, well, well....
PostPosted: Sun Feb 11, 2018 9:46 am 
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Joined: Thu Oct 22, 2009 10:46 am
Posts: 126
:shock:
I guess we know now why those new Remington slugs are so expensive, don't we Randy? :roll:

https://www.washingtontimes.com/news/20 ... filing-re/




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 Post subject: Re: Well, well, well....
PostPosted: Mon Feb 12, 2018 6:07 am 
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Joined: Sat Jun 25, 2011 9:17 am
Posts: 485
Location: Lopatcong Twp., New Jersey
Few years ago I purchased a 1187 20ga SPS, now I love the gun and it's damn accurate. I don't use it often but I took it to the range to check the zero as I do all my slug guns in the spring. Well on this day, the action wouldn't close. I called Remington, they gave me two options send it back to them or take it to a authorized Remington gunsmith for repairs, submit the bill to Remington for re-imburstment . I decided to take it to a gunsmith, once the the repair got complete I faxed over the repair bill with the the original authorization #, Remington contacted me the very same day and said they "WILL NOT COVER REPAIR COST" as it's owners fault. It's clear the action bar broke, and fault was weak metal. I went back to gunsmith, he called Remington right in front of me on speaker phone and explained to them it's NOT the owners fault, they once more refused. I will never purchase a new Remington.

Now I know why they didn't pay for repairs, NO MONEY !!!!

cpg1410/displayimage.php?album=10&pos=0


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 Post subject: Re: Well, well, well....
PostPosted: Mon Feb 12, 2018 7:29 am 
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Posts: 485
Location: Lopatcong Twp., New Jersey
I'm not surprised by this, look what Remington did once they purchased both Marlin and H&R...Remington ruined both of those fine gun makers.....Those running the Remington company don't have a clue, and they have poor customer service


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 Post subject: Re: Well, well, well....
PostPosted: Mon Feb 12, 2018 2:47 pm 
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Joined: Sat Nov 06, 2004 8:26 pm
Posts: 466
Location: Sussex Co. New Jersey
That's really a shame. Remington was once a great company.
But it was taken over by Freedom Group and then Cerberus.
Cerberus became very anti gun after Sandy Hook.
The rest is history.


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 Post subject: Re: Well, well, well....
PostPosted: Tue Feb 13, 2018 7:43 pm 
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Joined: Sun Mar 20, 2016 10:53 am
Posts: 95
Wow this is depressing news. Their 870 is my second favorite shotgun ever produced. They also have been a major innovator with sabot slugs. Of course their innovation goes beyond that but we are in the slug forum. Really shocking to be honest, at least to me who was unaware of the situation.


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 Post subject: Re: Well, well, well....
PostPosted: Sun Mar 11, 2018 2:16 pm 
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Joined: Sat May 13, 2017 11:59 pm
Posts: 25
We have our "legacy" 870s and 1100s, and parts are plentiful, at least for now. Maybe it's time to sound Taps for what was once a great company.


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 Post subject: Re: Well, well, well....
PostPosted: Sun Mar 11, 2018 2:33 pm 
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Location: Kansas
Look for a company emerging from this that’s smaller, leaner, more efficient and more competitive overall.

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"We pulled the trigger, the safety went forward, both barrels fired almost together, the gun opened, ejectors kicked the fired cases over our shoulder ...the most completely automatic gun we ever fired" Elmer Keith- Shotguns by Keith


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 Post subject: Re: Well, well, well....
PostPosted: Tue May 29, 2018 12:15 pm 
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Joined: Mon Apr 09, 2018 2:19 pm
Posts: 80
Am very glad I don't own a V3 anymore as the "lifetime warranty" may well have meant for the lifetime of the company rather than the shotgun owner.


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 Post subject: Re: Well, well, well....
PostPosted: Tue May 29, 2018 2:03 pm 
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That’s always the case with any warranty or annuity and many other things

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"We pulled the trigger, the safety went forward, both barrels fired almost together, the gun opened, ejectors kicked the fired cases over our shoulder ...the most completely automatic gun we ever fired" Elmer Keith- Shotguns by Keith


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 Post subject: Re: Well, well, well....
PostPosted: Tue May 29, 2018 2:15 pm 
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old ammo wrote:
That's really a shame. Remington was once a great company.
But it was taken over by Freedom Group and then Cerberus.
Cerberus became very anti gun after Sandy Hook.
The rest is history.


That is simply not true. Remington was never "taken over" by Freedom Group. That's like saying Beretta Holding somehow took over Beretta.

Nor did Cerberus ever become anti-gun. Cerberus was founded by Stephen Feinberg, he still manages Cerberus, and he is still loudly pro-gun: the opposite of what you are claiming.

Today, Cerberus has zero to do with Remington.

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 Post subject: Re: Well, well, well....
PostPosted: Tue May 29, 2018 3:27 pm 
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Joined: Mon Apr 09, 2018 2:19 pm
Posts: 80
Looks like some of Remington's assets may be picked up by Sturm Ruger.

https://www.bloomberg.com/news/articles ... gun-moment

Their core business sale may be problematic with the $500 million class-action settlement hanging on.


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 Post subject: Re: Well, well, well....
PostPosted: Tue May 29, 2018 3:50 pm 
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mea culpa wrote:
Am very glad I don't own a V3 anymore


Not nearly as glad as I am.

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http://randywakeman.com


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 Post subject: Re: Well, well, well....
PostPosted: Tue May 29, 2018 5:30 pm 
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Joined: Mon Apr 09, 2018 2:19 pm
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The A300 Outlander I picked up has turned out to be a huge winner, in all the aspects the V3 wasn't.
The Wingmasters (pre-1975) are keepers, tho'.


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 Post subject: Re: Well, well, well....
PostPosted: Wed May 30, 2018 12:44 pm 
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Joined: Sat Nov 06, 2004 8:26 pm
Posts: 466
Location: Sussex Co. New Jersey
From Wikipedia

History
In March 2012, Robert Nardelli stepped down as CEO of Freedom Group and as head of the operations and advisory business of Cerberus Capital Management LP and became adviser to Stephen Feinberg, the head and founder of Cerberus. He became CEO of Freedom Group in September 2010 as the North Carolina-based gun maker searched for a permanent CEO.

In December 2012, citing the Sandy Hook Elementary School shooting as "a watershed event that has raised the national debate on gun control to an unprecedented level," Cerberus announced it would sell all of its investments in Freedom Group. The private equity firm said it would retain a financial adviser to sell its interests in Freedom Group, and would return the proceeds to investors.[3][4] The decision was made after a California pension board, a Cerberus stakeholder, announced it would dispose of all stakes it held in firearms manufacturers that make weapons banned by state law. As of February 2018, Cerberus still owns the company.

So Randy, my version is closer to the truth than yours.


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 Post subject: Re: Well, well, well....
PostPosted: Wed May 30, 2018 12:49 pm 
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old ammo wrote:
From Wikipedia



Bad source. Cerberus didn't want to sell Remington, they didn't try very hard, they just claimed to want it to placate a few investors. They wanted to keep Remington, for they were making far too much money to do otherwise.

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http://randywakeman.com


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 Post subject: Re: Well, well, well....
PostPosted: Thu May 31, 2018 7:56 am 
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Joined: Thu Oct 22, 2009 10:46 am
Posts: 126
old ammo wrote:
From Wikipedia

History
In March 2012, Robert Nardelli stepped down as CEO of Freedom Group and as head of the operations and advisory business of Cerberus Capital Management LP and became adviser to Stephen Feinberg, the head and founder of Cerberus. He became CEO of Freedom Group in September 2010 as the North Carolina-based gun maker searched for a permanent CEO.

In December 2012, citing the Sandy Hook Elementary School shooting as "a watershed event that has raised the national debate on gun control to an unprecedented level," Cerberus announced it would sell all of its investments in Freedom Group. The private equity firm said it would retain a financial adviser to sell its interests in Freedom Group, and would return the proceeds to investors.[3][4] The decision was made after a California pension board, a Cerberus stakeholder, announced it would dispose of all stakes it held in firearms manufacturers that make weapons banned by state law. As of February 2018, Cerberus still owns the company.

So Randy, my version is closer to the truth than yours.

Silly you. Don't you know--Randy knows EVERYTHING. :roll: :roll: :roll: :roll: :roll:

Not to worry though. Most of us just ignore his baseless rambling now.




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