Remington Bankruptcy
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  1. #1
    Super Moderator Doom's Avatar
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    Remington Bankruptcy

    Not much news but here is a link to an article in the Utica paper.

    https://www.uticaod.com/news/2020081...gton-situation
    "If we open a quarrel between the past and the present we shall find that we have lost the future.”
    Winston Churchill

  2. #2
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    Another example of poor leadership.

  3. #3
    Super Moderator rkittine's Avatar
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    This time might finally do them in, though they have pulled it out many times before.

    Bob
    Robert Kittine
    Sag Harbor and Manhattan, New York

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  5. #4
    Senior Member DRAGON64's Avatar
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    If another mfg where to buy them out lot-stock, who could save the 700 line and start building quality rifles again?

  6. #5
    Super Moderator rkittine's Avatar
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    I am hoping that Dakota Arms can be spun off and kept and since they have a lot of the equipment to make 700s, would be the new supplier of them. Will be interesting to see what happens has Remington has wiggled its way out of bankruptcy 4 or 5 times in the past.

    Although I kind of hate to say this, once you get yourself a Custom 700 Clone Action, you might not ever go back to a 700 except for a basic hunting rifle. By the time you have a 700 action Blue Printed and a better extractor and recoil lug installed, you can buy one of the custom clones and have a much smoother action.

    Bob
    Robert Kittine
    Sag Harbor and Manhattan, New York

  7. #6
    Super Moderator Doom's Avatar
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    Quote Originally Posted by DRAGON64 View Post
    If another mfg where to buy them out lot-stock, who could save the 700 line and start building quality rifles again?
    I doubt anyone will unless the Bankruptcy courts make it attractive enough and I'm not sure that they can remove enough liability to do that. I also think they have to get out of NY state and that may be hard to do. I knew Bob Nardeli would come back to haunt me, again. Just took a little longer this time.
    "If we open a quarrel between the past and the present we shall find that we have lost the future.”
    Winston Churchill

  8. #7
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    Don’t know who would buy it, I’ve got a buddy who has a Bargara model 14 hunter in .308 that’s modeled after the 700 and it’s a hell of a rifle with a good trigger and accurate right out of the box.

  9. #8
    Super Moderator rkittine's Avatar
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    They have already moved most everything out of New York. Bought the company in the Carolina's and Dakota Arms.

    Bob
    Robert Kittine
    Sag Harbor and Manhattan, New York


 

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