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 Post subject: Re: Remington Closures . . . . .
PostPosted: Wed Aug 19, 2020 11:04 am 
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Tidefanatic wrote:
The federal judge overseeing the bankruptcy case, Clifton R. Jessup in Decatur, Alabama, has scheduled a hearing for Tuesday on whether to approve the process, which would see Remington’s various businesses — which operate under the umbrella Remington Outdoor Co. — auctioned off as soon as Sept. 8.
(CNBC)[/quote]

So, probably firearms and ammunition divisions will be auctioned separately. It will be interesting to see if the Remington name will be retained for either or both. Thanks for the update Randy.[/quote]

Lacking any objections the judge finds valid, the September 17th auction will determine who the new owners are. As for what the path is forward, that of course will up to the new owners.



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 Post subject: Re: Remington Closures . . . . .
PostPosted: Thu Aug 20, 2020 3:39 pm 
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Thanks for the news update Randy!

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Thu Aug 20, 2020 7:10 pm 
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The entire industry is interested in the outcome, so we will see what happens. It isn't that hard to speculate that Remington Ammunition / Barnes Bullets will have a large group of bidders. As for the firearm side, well . . . that's a lot more complicated.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Thu Aug 20, 2020 10:21 pm 
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McFarmer wrote:
I’ve been considering a 28ga 1100 for some time. Wondering about what to do now.

What out there is made in the USA anymore ?


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 Post subject: Re: Remington Closures . . . . .
PostPosted: Thu Aug 20, 2020 10:44 pm 
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McFarmer wrote:
I’ve been considering a 28ga 1100 for some time. Wondering about what to do now.

What out there is made in the USA anymore ?


Try Henry Arms. Also, maybe Mossberg, and iirc, Ruger.


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 Post subject: Re: Remington Closures . . . . .
PostPosted: Thu Aug 20, 2020 11:51 pm 
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Art Anson wrote:
McFarmer wrote:
I’ve been considering a 28ga 1100 for some time. Wondering about what to do now.

What out there is made in the USA anymore ?


Try Henry Arms. Also, maybe Mossberg, and iirc, Ruger.


Savage?


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 Post subject: Re: Remington Closures . . . . .
PostPosted: Sat Aug 22, 2020 5:56 pm 
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Rooster Booster, Hello. I tried to reply with the "Quote" tab button but it would not work.

I did not mention Savage because they have not made shotguns for many years. I wish they would again instead of making bolt-action rifles with plastic-rubber "stocks". Ugh !

They used to have good quality, low to medium priced single-shots, side by sides ( like my Stevens model 311 ), and the model 24 over-under combo gun. It had a shotgun barrel on the bottom and a rifle barrel on top in various gauges / calibers.


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 Post subject: Re: Remington Closures . . . . .
PostPosted: Fri Aug 28, 2020 10:22 am 
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https://www.al.com/news/2020/08/huntsvi ... ngton.html

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Fri Aug 28, 2020 11:19 am 
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RandyWakeman wrote:
https://www.al.com/news/2020/08/huntsville-pursuing-claims-against-bankrupt-remington.html


Not surprising. What would have been a surprise would have been if Huntsville hadn`t taken action such as this,IMO.

As far as is known, the auction is still on?

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Sat Aug 29, 2020 6:02 pm 
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RandyWakeman wrote:
https://www.al.com/news/2020/08/huntsville-pursuing-claims-against-bankrupt-remington.html


Well, at least from the sound of that, Huntsville's first preference would be to work with a successor company, and keep the facility going.

I know it would've been bad for the folks in Ilion, but Remington should've never moved Marlin there. Marlin/H&R should have been moved directly to a pro-gun state, and that facility should've been used as a beachhead for moving Remington out of NY. Cuomo has been an SOB to Remington in Ilion, and will continue to do so. Any buyer in their right mind will want to get out from under Albany's thumb.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Sat Aug 29, 2020 6:38 pm 
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F*W*F wrote:
I know it would've been bad for the folks in Ilion, but Remington should've never moved Marlin there.


Remington didn't move Marlin-- Remington didn't actually buy Marlin in the first place, Cerberus did. The entire "Freedom Group" empire was created by Cerberus.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Sun Aug 30, 2020 10:26 am 
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Quote:
Republican Claudia Tenney, who is running against Brindisi for New York’s 22nd Congressional District seat in the November election, also released a statement.

“Remington Arms’ decision to file for Chapter 11 bankruptcy is a sad day for the Mohawk Valley, its loyal and hard-working employees, and America,” she said. “As the oldest continuously operating firearms maker in the country, the Ilion plant is part of American history and woven into the fabric of this community. I have worked hard to defend Remington and its workers and will not stop now. It has been an honor to work with and earn the support and trust of its employees and its union, UMWA 717, over many years. I will fight to see Remington survive this painful chapter and come away stronger.”


That's just ducky for Claudia. You are going to "fight to see Remington survive" like HOW?

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Sun Aug 30, 2020 10:51 am 
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Not sure Claudia will see your question here.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Sun Aug 30, 2020 11:03 am 
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EricB wrote:
Not sure Claudia will see your question here.


I know she won't. It was a rhetorical question.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Mon Aug 31, 2020 9:27 am 
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Please keep your political opinions out of this thread and this section. They will not survive here.
Thanks for remembering where the political references go and put them there, please.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Mon Aug 31, 2020 4:22 pm 
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All of the information about the proceedings is posted on the main page of the Remington website.

Remington Outdoor Company and Subsidiaries File for Chapter 11 Reorganization

Court filings and other documents related to the Court-supervised process are available at https://cases.primeclerk.com/RemingtonOutdoor. For more information, contact the Company's noticing and claims agent at (877) 755-3450 (for toll-free domestic calls) and (347) 338-6538 (for tolled international calls), or email [email protected]. Court filings and claims information are available at the U.S. Bankruptcy Court website, https://www.mnb.uscourts.gov/.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Mon Aug 31, 2020 4:39 pm 
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McFarmer wrote:
What out there is made in the USA anymore ?


I forgot to throw this in earlier:

The Beretta A300 Outlander is made in the US.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Wed Sep 02, 2020 5:09 am 
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desmobob wrote:
McFarmer wrote:
What out there is made in the USA anymore ?


I forgot to throw this in earlier:

The Beretta A300 Outlander is made in the US.



I have always been a Beretta fan and they make good firearms. Great to hear they make a US-made firearm! As for Remington, this is a historical moment much like the COVID-19 pandemic. No kidding! Whoever would have thought in 2020 we would see this happen to Remington in such a turn of events? Historical moments can be good or bad depending on the impact of the situation. Either way, it's a learning process for all of us to examine, analyze, and absorb. I ran out and purchased 3 new Expresses (over the last few weeks) and sealed them away in their boxes and contents. Since all the hoarders and preppers are buying everything up, it's hard to find anything in stock. I am saving them as future investments for later down the road for re-sale, heirlooms, etc. I am sure a few of you know-it-alls on this forum may disagree with me, but everyone is entitled to their opinions for doing this. Years ago, I purchased five new Winchester 1300 shotguns that were made by Winchester before they got absorbed by Browning. I re-sold them last year and made and additional $125 on top of what I paid for them years ago.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Wed Sep 02, 2020 5:52 am 
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The 1300 brings back nightmares. Glad you were able get a profit from your investment.

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 Post subject: Re: Remington Closures . . . . .
PostPosted: Wed Sep 02, 2020 9:17 am 
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saskbooknut wrote:
Winchester is a name that has been for sale to anyone marketing Chinese junk.
Olin owns the Winchester name and licences it to FN and their Browning subsidiary.
I'm not sure that I would wish that fate on Remington, but.....I hope some remnant of Remington survives this disaster.


I think all the new Winchester and Browning guns are made by Miroku of Japan. My personal experience with these guns is that they are far from junk. The 1885 "Low Wall" single shot in .22 that I own is an absolute gem.
Image
Not to mention a tack driver. Five shots @ 50 yards.
Image



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