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Is Remington going down??

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  • Is Remington going down??

    Looks like hard time has hit Remington (Cerberus Capital Management).

    https://www.reuters.com/article/us-r...-idUSKBN1FT04C
    The deadliest weapon in the world is a Marine and his/her rifle.

  • #2
    They're filing for time to renegotiate with their creditors, but it's not a good sign. Their quality has been declining in recent years.
    President Trump IS My President!

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    • #3
      Which makes you wonder why they are a billion dollars in debt when they are rushing crappy products to market..........unless Cerebus has just been siphoning off the cash (as most of the capital investment groups do)

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      • #4
        Someone will swoop in and buy the name post chopping block. The Remington name willl survive. Hopefully, this time, it will be an entity that supports the 2nd Amendment.

        "If guns cause crime, all mine are defective." ~ Ted Nugent

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        • #5
          Quality? A word unknown to Remington/Marlin for some years now.
          US Army 1953-1977

          ‘‘We, the People are the rightful masters of both Congress and the courts — not to overthrow the Constitution, but to overthrow men who pervert the Constitution.’’
          — Abraham Lincoln

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          • #6
            They need to make a permanent move out of the east coast tax and fee area to be a viable company. I am sure we are going to see a lot of changes made to staff and facilities by the team that will be assigned to clean up the place. Bye Bye Union wages and benefits.

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