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Old 02-10-2018, 04:06 PM   #1
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Default Remington Bankrupt

Sad to see the largest American gunmaker having these types of troubles. Remingtonís sales have declined in part because of receding fears that guns will become more heavily regulated by the U.S. government.

https://www.reuters.com/article/us-r...-idUSKBN1FT04C
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Old 02-10-2018, 04:37 PM   #2
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Cerberus and bad quality control probably had more to do with it.
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Old 02-10-2018, 04:40 PM   #3
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I would say sales are declining due to poor designs and not really releasing anything earth shattering. What is the last time you were excited about a Remington release? I swear yearly Ruger brings out something cool you either buy or want to buy.
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Old 02-10-2018, 04:45 PM   #4
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Quote:
Originally Posted by Smell the Glove View Post
Cerberus and bad quality control probably had more to do with it.


I gonna have to agree with this guy. Remingtonís arenít what they use to be. For the same money you can get a different rifle by another manufacturer that will shoot circles around a Remington. Last time I picked up a new one and looked at it the action felt sloppy and the gun felt cheap.


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Old 02-10-2018, 05:10 PM   #5
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Originally Posted by Smell the Glove View Post
Cerberus and bad quality control probably had more to do with it.
Yep. I would say that had everything to do with it.
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Old 02-10-2018, 05:17 PM   #6
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Remington has come up with some low end guns to try and stay price competitive, but the still make some quality. Model 7, 700, and their shotguns. The problem is there are no longer 5 or 6 other brands to complete with. There is a new brand out every year. When your that big you just can’t adapt over night. Poor planing on their part at best. IMO
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Old 02-10-2018, 05:22 PM   #7
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Remington has come up with some low end guns to try and stay price competitive, but the still make some quality. Model 7, 700, and their shotguns. The problem is there are no longer 5 or 6 other brands to complete with. There is a new brand out every year. When your that big you just canít adapt over night. Poor planing on their part at best. IMO
They were putting out faulty triggers long before competition was as fierce as it is now. I hear what youíre saying, though.
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Old 02-10-2018, 05:26 PM   #8
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Shotguns?? Their versamax was garbage, the last good shotgun they put out was the old 870 wing masters
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Old 02-10-2018, 05:29 PM   #9
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Going to be a lot of consolidation in the firearm business the next year or two.

$1500 AR companies will go quick.
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Old 02-10-2018, 05:44 PM   #10
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Been diggin ther own grave for a while...
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Old 02-10-2018, 06:01 PM   #11
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Quote:
Originally Posted by Smell the Glove View Post
Cerberus and bad quality control probably had more to do with it.
Indeed!!!
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Old 02-10-2018, 06:12 PM   #12
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I would say sales are declining due to poor designs and not really releasing anything earth shattering. What is the last time you were excited about a Remington release? I swear yearly Ruger brings out something cool you either buy or want to buy.
I thought the same thing. They have no good handguns, their AR15s are lame and expensive, the 700 series has a bad rap, so the only thing they got going for them is the 870 shotgun.
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Old 02-10-2018, 06:15 PM   #13
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Just sad to see Remington fail like this
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Old 02-10-2018, 06:17 PM   #14
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Hope Remington gets funded and back on track, they owe me a $75 rebate.

Last edited by Thumper; 02-10-2018 at 06:22 PM..
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Old 02-10-2018, 06:18 PM   #15
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Sad deal.
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Old 02-10-2018, 06:18 PM   #16
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Selling guns with bad triggers, knowing about the problem and continuing to do it made me never want to buy there stuff again.
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Old 02-10-2018, 06:23 PM   #17
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They were putting out faulty triggers long before competition was as fierce as it is now. I hear what youíre saying, though.
I am not saying they have not had some problems. When you sell that many of anything you can run into problems. Ford, Chevy, Dodge all have recalls every year. I have owned quite a few 700ís and the only ones I have ever had trigger problems with had been tampered with.
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Old 02-10-2018, 06:41 PM   #18
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Originally Posted by Mohawkman View Post
Remington has come up with some low end guns to try and stay price competitive, but the still make some quality. Model 7, 700, and their shotguns. The problem is there are no longer 5 or 6 other brands to complete with. There is a new brand out every year. When your that big you just canít adapt over night. Poor planing on their part at best. IMO
Very few factory production rifles can outshoot an older Remington. That would still be the case today if the "buy out" would have never happened..

Talking to gunsmiths, SOME of Remingtons shotguns are some of the worst junk on the market.. A lot of problems functioning due to being Full of metal shavings.

Some rifles have left the manufacturer with no rifleings cut in the barrel...
Buying a Remington these days is taking a huge gamble..

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Old 02-10-2018, 06:52 PM   #19
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Quality has gone down hill. Weatherby same price range and somewhat better lower end rifles. Hate to see it but it's been coming.
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Old 02-10-2018, 07:06 PM   #20
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I thought the same thing. They have no good handguns, their AR15s are lame and expensive, the 700 series has a bad rap, so the only thing they got going for them is the 870 shotgun.
I thought they were having lots of problems with the 870's as well??
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Old 02-10-2018, 07:23 PM   #21
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Hope the Brand is bought by owners focused on quality and returns the Green to it's heritage.
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Old 02-10-2018, 07:30 PM   #22
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I thought they were having lots of problems with the 870's as well??


They were. Burrs in the chamber/rough chamber preventing clambering of the Shell being one.


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Old 02-10-2018, 07:32 PM   #23
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Hope Remington gets funded and back on track, they owe me a $75 rebate.
Actually that means you paid 75 more than what itís reallt worth.
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Old 02-10-2018, 07:59 PM   #24
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I will admit to not wanting to buy a new Remington anything.
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Old 02-10-2018, 08:14 PM   #25
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They were. Burrs in the chamber/rough chamber preventing clambering of the Shell being one.


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First hand experience with this. Caused extraction issues too when gun heated up. The burrs would grip the hull and make it really hard to eject. Some fine steel wool took care of it. Also heard they changed ejector design to a cheaper one that was junk.

When a pump jams, especially an 870, you have massive problems as a company IMO.
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Old 02-10-2018, 08:21 PM   #26
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Hope Remington gets funded and back on track, they owe me a $75 rebate.
Just receive my rebate for some 9mm ammo purchased around Christmas. I was wondering if the check would clear...
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Old 02-10-2018, 08:22 PM   #27
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First hand experience with this. Caused extraction issues too when gun heated up. The burrs would grip the hull and make it really hard to eject. Some fine steel wool took care of it. Also heard they changed ejector design to a cheaper one that was junk.



When a pump jams, especially an 870, you have massive problems as a company IMO.


Yup. I had issues with burrs and ejectors, twice.


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Old 02-10-2018, 08:23 PM   #28
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Wow, hate to hear that. I have a couple of Remmys and I have been pleased mine.
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Old 02-10-2018, 08:27 PM   #29
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Originally Posted by Bumpy View Post
Actually that means you paid 75 more than what it’s reallt worth.
Quote:
Originally Posted by CJ776 View Post
First hand experience with this. Caused extraction issues too when gun heated up. The burrs would grip the hull and make it really hard to eject. Some fine steel wool took care of it. Also heard they changed ejector design to a cheaper one that was junk.

When a pump jams, especially an 870, you have massive problems as a company IMO.
Marlin 336W, $330 minus the $75 rebate. Bought the rifle 11/21/17 and still have not received.

I had a gut feeling when an investment group mostly funded by Sorus was going to do anything else but rob the bank then bankrupt the company.

Last edited by Thumper; 02-10-2018 at 09:16 PM..
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Old 02-10-2018, 08:41 PM   #30
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Marlin / H&R were bought up by Remington and the parent company. H&R did not survive, and Marlinís reputation took a hit. I hope they make it through all of these maneuvers.


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Old 02-10-2018, 09:24 PM   #31
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Learned first hand about their quality control. Last year I bought a brand new Sendero in 300 win Mag. Best 3 shot group I could get with three different loads was a 2.5” at 100yds. Then, the ejector broke after about 30 rounds. Ended up replacing barrel with a proof research. Replacing trigger and and the ejector. I have several much older Remington’s that have been great But I will never buy another Remington rifle.

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Old 02-10-2018, 09:32 PM   #32
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Maybe the government will bail them out
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Old 02-10-2018, 09:34 PM   #33
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Trump just might...
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Old 02-10-2018, 09:38 PM   #34
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Learned first hand about their quality control last year when I bought a new Sendero 300 win Mag. Best 3 shot group I got with it was 2.5Ē at 100yds. Not to mention that the ejector broke after 30 rounds. Ended up replacing barrel with a proof research, and replacing trigger and ejector and havenít looked back.
That's SAD to hear.. I sure hate to see this. I've been a die hard Remington fan my whole life, until they sold out..

My 2 90's model Sendero's will both shoot one ragged hole, five shot groups.. They are the most accurate bolt guns That I own...
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Old 02-10-2018, 09:53 PM   #35
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Sad to see the largest American gunmaker having these types of troubles. Remingtonís sales have declined in part because of receding fears that guns will become more heavily regulated by the U.S. government.

https://www.reuters.com/article/us-r...-idUSKBN1FT04C
Oddly enough, that's the very thing that has sent most other manufacturers sales through the roof over during the previous 8 years. Maybe their lenders forgot to simply adjust their quarterly expectations due to a decrease in tyranny.
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Old 02-10-2018, 11:35 PM   #36
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love my old 870
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Old 02-10-2018, 11:44 PM   #37
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Oddly enough, that's the very thing that has sent most other manufacturers sales through the roof over during the previous 8 years. Maybe their lenders forgot to simply adjust their quarterly expectations due to a decrease in tyranny.
S&W and Ruger have seen the same decline. This explains their problems in a little more detail. To much debt and mismanagement. Remington was number 1 in Rifle and 2nd in shotgun sales.
https://www.fool.com/investing/2017/...-bankrupt.aspx
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Old 02-10-2018, 11:49 PM   #38
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S&W and Ruger have seen the same decline. This explains their problems in a little more detail. To much debt and mismanagement. Remington was number 1 in Rifle and 2nd in shotgun sales.
https://www.fool.com/investing/2017/...-bankrupt.aspx
I guess everyone is just stocked up, I recall the record increases in firearms sales everytime Feinstein or Obama uttered "common sense gun control."
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Old 02-11-2018, 12:24 AM   #39
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Very sad imo , they had the market cornered at will for so long but decided on short cuts instead of quality. My favorite gun in my safe is still my original 25-06 sendero... that gun reminds me of what Remington once was...
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Old 02-11-2018, 12:39 AM   #40
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Bankruptcy doesnt mean...out of business...
For companies that size...its a way to clean slate, eliminate debt and reorganize.
If done right, it could mean a better business model and better quality product..
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Old 02-11-2018, 12:48 AM   #41
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Bankruptcy doesnt mean...out of business...
For companies that size...its a way to clean slate, eliminate debt and reorganize.
If done right, it could mean a better business model and better quality product..
This
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Old 02-11-2018, 01:46 AM   #42
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Bankruptcy doesnt mean...out of business...
For companies that size...its a way to clean slate, eliminate debt and reorganize.
If done right, it could mean a better business model and better quality product..
Exactly. It may give them the opportunity to fix some of their current issues under different financing, rather their current financial “fiscal failure.” Key word ‘may’

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Old 02-13-2018, 04:46 AM   #43
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love my old 870
Yep!

Just today I bought a Sportsman Model 12, 30" full choke with vent rib with a camo synthetic stock for $225. The Sportsman 12 is a Wingmaster with a cheap birch stock(express stock) sold before they made the 870 Express.

I'm a Remington fan. Road the bus to the FedMart on N Shepard and paid $125 cash for a 700 ADL in 7mm Rem Mag. This was two weeks before my 15th birthday(pre 1968).

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Old 02-13-2018, 07:40 AM   #44
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Back in Remington's heyday, they built a lot better quality guns but so did everyone else, and there wasn't near as many manufacturers. Guns are like everything, the average guy no longer appreciates quality. Why spend the money on a nice Wingmaster that'll last forever when you can go buy a chicom knockoff for less. Remington in turn has to keep cutting corners on the price point 870 express. The same goes for all of their offerings. Add in a market that's over saturated with manufacturers coupled with poor management and it's a wonder they've lasted this long.

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Old 02-13-2018, 07:45 AM   #45
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I have a cousin that works at their ammo plant in Arkansas. He told me a few years ago they are horrible about putting new products on the shelf with such minimum testing it's no wonder they have so many fails.

I had an 870 mag that the action wasn't large enough to eject spent shells, and a 700 youth that came out of the box with a trigger you could hang the rifle by and bounce violently and it wouldn't fire

Junk is their main issue
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Old 02-13-2018, 07:45 AM   #46
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Quote:
Originally Posted by Smell the Glove View Post
Cerberus and bad quality control probably had more to do with it.
What I read in Shooting Times was many of the Marlin workers did NOT relocate with Remington. The machinery move was a mess and there never were 3D drawings of the Marlin rifles. Add Cerberus to that. Recipe for disaster.
I just hope this wasn't the fruit of the anti gunners who wanted to shut down the companies that made guns.
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Old 02-13-2018, 07:46 AM   #47
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Remingtonís sales have declined in part because of receding fears that guns will become more heavily regulated by the U.S. government.

[/url]

For that to be true other gun companies sales will also show a decline.
I think other company sales have INCREASED.

Remington is just making a sub par product right now.
Nothing that catches the eye.
Maybe they should scale back and only focus on a few product lines. Shotguns being one.
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Old 02-13-2018, 08:21 AM   #48
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Put garbage in, get garbage out! Historical reputation will only take a company so far, till hungrier and more innovative companies consume your market share. The Marlin 39A was once the best .22 you could buy, I hate to see it go in this mess.
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Old 02-13-2018, 08:34 AM   #49
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There was very little traffic around them at Shot Show. Ruger, Savage, Glock, Smith all had 10x more traffic.
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Old 02-13-2018, 08:40 AM   #50
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I hate to see an established American company fail like this but itís part of it.

I have no ďbackingĒ of his thought but I would figure that talk of stricter regulation would increase gun sales?
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