Remington Firearms

[mcreg]

Hang on to those remington firearms! Rumor has it that Remington Arms will soon be filing for Chapter 11 protection? Sure to affect the value of Remington fiearms - question is UP or DOWN?

[catnthehat]

This is pretty old news isn't it, unless they did not have a date set?
I thought it was in the news a month or more ago!
Cat

[apapig]

Originally Posted by mcreg

Hang on to those remington firearms! Rumor has it that Remington Arms will soon be filing for Chapter 11 protection? Sure to affect the value of Remington fiearms - question is UP or DOWN?

Probably not change anything as they will continue to manufacture firearms, just be a different owner/owners.

[mcreg]

Originally Posted by catnthehat

This is pretty old news isn't it, unless they did not have a date set?
I thought it was in the news a month or more ago!
Cat

My understanding was that a few months ago they were in Financial crisis BUT always told the street they were on the road to recovery? They never talked Bankrupcy.
Chapter 11 - there is NO recovery!
On the other hand its not a Company I follow, so maybe you're right. I certainly wouldn't invest in ANY firearms company, but I do own a few of their guns.

[mcreg]

Originally Posted by apapig

Probably not change anything as they will continue to manufacture firearms, just be a different owner/owners.

PERHAPS, but under the REMINGTON BRAND? Likley not!

[Dick284]

This has been beat to death already.

A simple search word of “Remington” found this nugget.

http://www.outdoorsmenforum.ca/showthread.php?t=339016

[catnthehat]

Originally Posted by mcreg

My understanding was that a few months ago they were in Financial crisis BUT always told the street they were on the road to recovery? They never talked Bankrupcy.
Chapter 11 - there is NO recovery!
On the other hand its not a Company I follow, so maybe you're right. I certainly wouldn't invest in ANY firearms company, but I do own a few of their guns.

Yeah, not sure what happened to Remington , sad to see another iconic firearms company go down the drain.
I do suspect however it may have something to do with the idea of making as much money for the least after sales service a company can give , and add to that our lawsuit Happy neighbours to the south not helping things !
Cat

[Sask Bearman]

IMO-Firearms built under the original Remington company up until, I don't, know the exact year, will increase in price. ie, a model 700 from 1974.

[Walking Bear]

Talk is cheap.....It takes money to buy whiskey.

[Pioneer2]

Originally Posted by Walking Bear

Talk is cheap.....It takes money to buy whiskey.

Or bullets.........hence the name shot

[IL Bar]

So what year would be the last of the “good” Remington’s?

[Salavee]

Originally Posted by IL Bar

So what year would be the last of the “good” Remington’s?

Anytime prior to 2000 and definitely any time prior to this ... https://sgbonline.com/remington-sold...r-370-million/

[Big Sky]

IMO there are still good quality Rem 700's being made.
CDL's come to mind.

There are some Rem 700's that I would not consider.