• Advertisement

Bankruptcy effects?

Moderators: Scorpion8, ripjack13, John A.

User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Thu Oct 15, 2020 5:46 pm
mauser9 wrote:You bet. I recall Ruger did make the 96/44 carbine in lever action for a while. Also made the 96/22 in 22 magnum.


And folks LOVED 'em!!! Must've not met the green-eyeshade qualification of price pt-vs-cost. But now that they can divide that off onto Marlin.....
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!

20g
Posts: 603
Joined: Sat Oct 26, 2013 4:00 pm
PostPosted: Fri Oct 16, 2020 4:09 pm
Just reminded me I would love to see em start reproducing the 1894/22 magnum version of the gun. Heard Marlin made around 12,000 in that rimfire version. Big bucks when one can find a used one.
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Sat Oct 17, 2020 12:14 pm
It seems like the fun, simple 22lr plinkers have all gone that road. Yes, there are cheap Ruger 10/22's, but the last thing you want to impose upon a kid is those magazine issues. When they work, great! When they don't work, frustrating. I've got an old 1972-ish Ithaca Saddlegun 22lr levergun that I bought brand new in about 1974. Has never failed me a single time, and still shoots great. I remember shooting 22's in Boy Scouts, and it was something my Dad used to take us out to do on a Friday night. Now everything is either "tacticool", bling'ed-out-the-yingyang, or died off. There isn't just the fun in a bunch of 22's anymore for 90% of the urban kids.
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Wed Oct 21, 2020 10:34 pm
So perhaps the $1M question is what is the consensus bet on the first Ruger-Marlin? And when?
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!

20g
Posts: 603
Joined: Sat Oct 26, 2013 4:00 pm
PostPosted: Wed Oct 28, 2020 8:04 pm
Well we will see what happens to my beloved 1100 and 870 Wingmaster line. Wonder if someone would step in and buy the rights to make these guns like F-N makes the Winchester Model 70 after the Win. disaster back around 2006. Seems we lose the big 3 and makers like Ruger, Savage, and Mossberg riding the crest now adays. Bill Ruger sure made the right choices.
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Fri Oct 30, 2020 5:31 pm
mauser9 wrote:Seems we lose the big 3 and makers like Ruger, Savage, and Mossberg riding the crest ...


What I think we're seeing is the death of the old, industrial stalwarts like Remington that had huge old brick factories with lots of long-tenured union employees, made everything from firearms to typewriters, and we're moving to more systems like Ruger with new, agile systems that can adapt. But it means that it will soon be like shopping at Costco - if you see it and like it, buy it because it may not be there the next time. Ruger No.1? Wish I had one. Ruger Old Army? Same. Remington 58x-series rimfires? Never gonna see 'em again except as used. Marlin 39A? Wish they could CNC-it and bring it back....doubtful.
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Thu Nov 05, 2020 9:51 pm
Well, the Remington website that I used to buy parts off of must have gone to the ammo-side in the divorce, as all it lists or shows now is their ammo offerings. Who knows when the gun-side stepchild will show back up.
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!

.22LR
Posts: 19
Joined: Mon May 16, 2011 10:23 am
PostPosted: Sat Nov 07, 2020 4:17 am
5 iron wrote:Any news on how the bankruptcy filing will affect production?


Well, within the past seven to ten days their website went from sell everything to only selling ammo if that's any indication(?) of anything. I was getting ready to make make a rifle purchase and not even aware this was happening.
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Sun Nov 08, 2020 8:57 pm
Yea, not sure any of us have any true clue to what will happen to the firearms side of the business, and if the new owners are interested in making guns or making money. Many of these buyouts become fire sales of bits and pieces of the former glory. At least the ammo side will continue. I hope.
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!

20g
Posts: 603
Joined: Sat Oct 26, 2013 4:00 pm
PostPosted: Mon Nov 09, 2020 5:16 pm
Yeah things went from bad to worse in 2020. And last Tuesday didn't help at all. Would not be surprised to see some ridiculous high tax on ammo. Better not even mention my worst fears concerning the shooting sports. Still I would love to see the my favorite models made but who knows right now.
User avatar
Moderator
Posts: 80
Joined: Sun Apr 07, 2013 12:06 am
Location: British Columbia, Canada
PostPosted: Sun Nov 15, 2020 1:32 am
Glad to hear a group of enthusiasts have purchased Remington. It would have been sad to see the iconic Remington name go out with a whimper and disappear into history.
"Come on people, what the hell? It’s gotta be the brain, don’t y’all know nothin’?" Daryl Dixon
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Mon Nov 16, 2020 12:09 am
Well, we're yet to see what will happen on the firearms side. The 700 rifle, 870 shotgun, 1100 shotgun....these are legends and iconic. But to some investment firm, they may just be pawns in a chess gain of "maximizing shareholder value" by selling off pieces and parts. Time....
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Sun Nov 22, 2020 4:03 pm
So I've been watching Marlin's website for the first sign of Ruger's "touch", and there's been nada. Remington's "shop" website has changed to an "under construction" mode, with no hints. Which is sad, because I love their calendars and it's Holiday season. I haven't seen hide nor' hair of their firearms website from the new owners. Has anybody got a clue what's going on?
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!
User avatar
Moderator
Posts: 80
Joined: Sun Apr 07, 2013 12:06 am
Location: British Columbia, Canada
PostPosted: Mon Nov 30, 2020 7:31 pm
https://www.uticaod.com/story/news/2020 ... 035934002/

This is the most recent article I could find that wasn't behind a paywall...doesn't sound good, especially for the employees. It would appear the Roundhill Group has a plan to bring back some employees that were let go, but I can't find any details on what that plan might entail beyond re-hiring some workers.

Initially, it sounded to me like they had a vision but it also sounds like a couple senior exec's have since bowed out. Who knows?
"Come on people, what the hell? It’s gotta be the brain, don’t y’all know nothin’?" Daryl Dixon

20g
Posts: 603
Joined: Sat Oct 26, 2013 4:00 pm
PostPosted: Fri Dec 04, 2020 5:07 pm
Think we will have to wait and see if Roundhill Group steps up and produces some of the quality stuff we are used to from the past. Have not heard anything new myself concerning production.
User avatar
Moderator
Posts: 80
Joined: Sun Apr 07, 2013 12:06 am
Location: British Columbia, Canada
PostPosted: Fri Dec 04, 2020 11:21 pm
mauser9 wrote:Think we will have to wait and see if Roundhill Group steps up and produces some of the quality stuff we are used to from the past. Have not heard anything new myself concerning production.

Yeah, just a guess of course but we won't likely know anything until we see a vaccine bring us into a post-covid era. This is a very volatile time for businesses in general, but with a Biden administration on the horizon it could get a whole lot rockier. My bet is the Roundhill Group won't be investing huge amounts of cash until they see which way the winds are blowing.
"Come on people, what the hell? It’s gotta be the brain, don’t y’all know nothin’?" Daryl Dixon

20g
Posts: 603
Joined: Sat Oct 26, 2013 4:00 pm
PostPosted: Sat Dec 05, 2020 3:11 pm
Yep you could be correct indeed. You can be he will try to ban certain guns for starters. At the very least am afraid of some ridiculous tax on ammo to discourage us.
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Tue Dec 08, 2020 10:06 pm
Cmcdonald wrote:My bet is the Roundhill Group won't be investing huge amounts of cash until they see which way the winds are blowing.


Yea, I'm sure also. It's going to be a slippery slope for awhile. But likewise we haven't seen any movement at Ruger for Marlin and Ruger is much more stable.
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!
User avatar
Moderator
Posts: 80
Joined: Sun Apr 07, 2013 12:06 am
Location: British Columbia, Canada
PostPosted: Tue Dec 15, 2020 8:14 pm
mauser9 wrote:Yep you could be correct indeed. You can be he will try to ban certain guns for starters. At the very least am afraid of some ridiculous tax on ammo to discourage us.

Yes and my guess is they will attempt to employ a number of tactics to "dissuade" us from pursuing our firearms activities.

Scorpion8 wrote:
Cmcdonald wrote:My bet is the Roundhill Group won't be investing huge amounts of cash until they see which way the winds are blowing.


Yea, I'm sure also. It's going to be a slippery slope for awhile. But likewise we haven't seen any movement at Ruger for Marlin and Ruger is much more stable.


Unfortunately, I think we're all into a bit of proverbial "puckering" for awhile. Things are not going well up here on the firearms front and you guys are gearing up for another fight. I don't see any business that isn't severely invested in fighting for gun rights putting out cash in new firearms ventures with gun unfriendly administrations in Ottawa and an incoming one in Washington.
"Come on people, what the hell? It’s gotta be the brain, don’t y’all know nothin’?" Daryl Dixon
User avatar
Moderator
Posts: 544
Joined: Fri Aug 29, 2014 3:59 pm
Location: SouthEast Alaska
PostPosted: Tue Dec 22, 2020 10:10 pm
I saw a post somewhere with Biden's first 7 steps, but the only one I recall was to "ban online and mail order ammo sales". I think it's because I was laughing so hard. The gang bangers down the street were up in arms that truckloads of ammo wouldn't be coming by USPS to them anymore. But then I forget, these bozos like Biden don't truly want to ban guns, they care not about truly reducing crime, they want to ban YOU having the power that firearms and the 2A give you. If you can't be cowed into submission then the socialist plan doesn't work.
NRA Life, NAHC Life, Retired USN
Pain heals, chicks dig scars .... glory, lasts forever!
User avatar
Moderator
Posts: 80
Joined: Sun Apr 07, 2013 12:06 am
Location: British Columbia, Canada
PostPosted: Sat Dec 26, 2020 8:03 pm
Yeah and as many of us already realize the important part of "gun control" to the anti's is "control" and not crime reduction. If crime reduction or more accurately harm reduction were paramount they would be after a lot of other far more harmful and deadly things before they ever got to taking guns from the law abiding citizenry.
"Come on people, what the hell? It’s gotta be the brain, don’t y’all know nothin’?" Daryl Dixon
Previous

Return to The Past, Present And Future Of Remington

Who is online

Users browsing this forum: No registered users and 0 guests

  • Advertisement