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Long Range Hunting & Shooting
6MM Creedmoor Dead?
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<blockquote data-quote="73driver" data-source="post: 2444128" data-attributes="member: 36473"><p>They are moving the firearms operation to Georgia. Remington was owned by Cerberus Capital Management a private equity firm. The Cerberus group is a capital equity firm that I believe was hoping they could by cheap and then flip the firm in a future sale. Their weakness was that they are bean counters and that just does not lead to a good product. Current new owners The Round Hill Group an "Investment Company" claims they will not operate the way the private equity guys did. Round Hill claims their goal is to return the brand to its roots as a quality gun manufacturer, we will see. So production will not remain in NY and it is different owners.</p></blockquote><p></p>
[QUOTE="73driver, post: 2444128, member: 36473"] They are moving the firearms operation to Georgia. Remington was owned by Cerberus Capital Management a private equity firm. The Cerberus group is a capital equity firm that I believe was hoping they could by cheap and then flip the firm in a future sale. Their weakness was that they are bean counters and that just does not lead to a good product. Current new owners The Round Hill Group an "Investment Company" claims they will not operate the way the private equity guys did. Round Hill claims their goal is to return the brand to its roots as a quality gun manufacturer, we will see. So production will not remain in NY and it is different owners. [/QUOTE]
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