Remington to file for bankruptcy?

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  • S.A. Boggs
    Senior Member
    • Aug 2009
    • 8568

    #16
    I have to agree with much that has been said with this cravat. With the new production methods one wonder's why some of the "old" models couldn't be brought back. The Detective Special or the Colt .380 instead of a miniaturized 1911. I have a pre-warning Ruger [1974] that after all these years the finish is still superior to a new model. Colt shot themselves [again] in the foot with a marketing decision. Couple of years ago Colt recreated the M16A1 in semi @ a retail of $2500, Brownell's is doing the same at half the cost. Which one do you think will sell the most? Locally Wal-Mart brought back long guns and the local gun shop couldn't/wouldn't compete and is now closed. Gun companies were bought up by $$$people who saw a product to sell, not a heritage to cherish. The guy who inherited by marriage the local gun shop was the same, a lawyer who saw a cash cow and nothing more. People like Hodgson and Brownells understand the heritage not just the $$$.
    Sam

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    • JB White
      Senior Member
      • Aug 2009
      • 13371

      #17
      People like Hodgson and Brownells understand the heritage not just the $$$.
      Keep in mind it's much easier to appreciate the heritage when the $$$ is paying for everything else you enjoy in life. It's not easy to love a business which is in the red quarter after quarter.
      2016 Chicago Cubs. MLB Champions!


      **Never quite as old as the other old farts**

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      • S.A. Boggs
        Senior Member
        • Aug 2009
        • 8568

        #18
        @ the start of the Obama gun scare and general gun run I saw a man commit an act of stupidity. I was in the gun shop checking out powder when the green horn came in. He wanted to buy an "AR-15 Assault Rifle!" and ammo. When advised the store was sold out he asked if they had any other "Assault Rifles!" in stock. All the store had left was two of the Century 5.56 copies of the Israeli rifle which were know to have functioning problems. The guy held the rifle, was shown the features, without hesitation the guy bought both of the "Assault Rifles!" and a case of ammo. Didn't try to deal just whipped out his drivers license and CC to the tune of about $3,000. Immediately P.T. Barnum came to my mind! I talked to one of he other salesmen, a friend of mine. He said that for the last week this had been a daily occurrence and the store was dang near cleaned out of anything with large capacity. I seriously doubt that firearms will be seen at too many yard sales now.
        Sam

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        • Art
          Senior Member, Deceased
          • Dec 2009
          • 9256

          #19
          Originally posted by S.A. Boggs
          I have to agree with much that has been said with this cravat. With the new production methods one wonder's why some of the "old" models couldn't be brought back. The Detective Special..............
          Sam
          Colt recently introduced a double action snubby revolver they call the "Cobra." It actually is pretty much a stainless steel D.S. and has some nice features like interchangeable front sights that I like a lot. It is also competitively priced with Smith & Wesson comparable revolvers. The only drawback to me is that it is not a .357 Magnum which means that the steel small frame 'Smith's are more versatile but since most folks don't shoot magnums in snubbys that shouldn't be a huge deal. Now we'll just have to see if people actually buy it.
          Last edited by Art; 02-13-2018, 05:29.

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          • JOHN COOK
            Senior Member
            • Sep 2009
            • 711

            #20
            Colt recently introduced a double action snubby revolver they call the "Cobra.
            I carried a Colt Cobra as my off duty weapon in the sixties it was a .38 Special. I did't like the way you had to pull back on the cylinder lock to unlock the cylinder. S&W was much more to my taste to push forward to unlock cylinder. Kind of strange Colt would wait this long to produce a Colt Cobra when the originals were made in the
            Circa 1960-1978 like it is something new. I realize it is much more powerful weapon. Just 2 cents..............

            john
            “Then said he unto them, But now, he that hath a purse, let him take it, and likewise his scrip: and he that hath no sword, let him sell his garment, and buy one.” (Luke 22:36)

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            • Clark Howard
              Senior Member
              • Sep 2009
              • 2105

              #21
              Let's not forget the plethora of nuisance lawsuits filed against Remington during Obammy years. Many, if not all of them, are dragging on and on, waiting for a cash settlement from Remington. A chapter 9 reorganization will dump most, if not all of these suits. Since dem judges are in charge of most of these cases, they will not be dropped, no matter how frivolous or without merit. Remington will survive. Regards, Clark

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              • Tuna
                Senior Member
                • Aug 2009
                • 2686

                #22
                Remington brought it on themselves with the problematic model 700 trigger system. They decided to not fix the problem and let it ride. They didn't even attempt to correct the trigger on rifles they were making. Just kept things the way they were. They had been told and warned about the system but just kept ignoring it like it would go away on it's own. Well it didn't and people did die from it and now it won't go away even though they fixed it or so they claim. But have not yet had a recall on the 700 to straighten it out. Then the 870 shotgun that had been a staple for many years had a few minor problems like barrels blowing up. But the patient on it ran out and then the Chinese started making exact copies of it and selling it for less then half what Remington sold them for. Then the latest boondoggle was the new 1911A1. Nice idea but too late to the party. Too many are making 1911A1 pistols and all Remington had was their name from WW2. (Not too many WW2 vets bought their 1911A1 to keep things going as most have died and the price is far to high to be competitive with others.) So now they waited to move out of wonderful New York where the wonderful Governor there hits them for making AR-15 style rifles so they can't even sell them in New York or other states next door for that matter. They should have left years ago but felt comfy where they were and never thought the party of the liberals would bit them is the butt!!!!

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