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Survivability of Remington ???
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<blockquote data-quote="werth338" data-source="post: 1404356" data-attributes="member: 104514"><p>I personally am not a fan of Remington products but respect what they mean to the industry and sporting world with past history. I think the quality and attention to detail has fallen off the face of the earth. I remember being a kid and in love with the 870 Wingmaster. Fast forward 30 years, I am sitting in a gun shop trading a Browning Maxus visiting with some others and each person said get a Browning, Beretta or Winchester but don't touch the VersaMax. My brother bought a 1911 that when he opened the box had to be returned to be fixed. Does Remington need to make an A/R, a 1911 and some other items they have moved into recently? It is great to have a large product line but also dangerous. When looking at the Rem 700, there hasn't been a single model come out that made me really think I want that gun. On the other hand, companies like Browning and Weatherby have both brought out products that I have a burning desire to buy. Savage and Ruger have done a good job as well.</p><p></p><p>I think we all remember the dark days of Colt and how they went from an icon to being nothing better than a paperweight. It seems they restructured and are producing products worth purchasing again.</p><p></p><p>The real downfall of Remington could very well be the expectations of private equity. They only want their return on their money. They aren't concerned with quality or customer service. I read something that referenced the lawsuits from Sandy Hook but that wasn't the real impact. It was the investors of Cerabus Capital pulling their money. Remember, Cerabus tried to dump the Freedom Group portfolio shortly after Sandy Hook and no one was a taker at that time.</p><p></p><p>Not sure there is any linkage but it is concerning that Freedom Group/Remington has acquired Dakota, Barnes, Bushmaster and others. When private equity creates a business like this, the impacts are far and wide. I don't know how these other entities roll up and if they are part of this pending bankruptcy. Just a thought to remember when supporting the big company vs small.</p></blockquote><p></p>
[QUOTE="werth338, post: 1404356, member: 104514"] I personally am not a fan of Remington products but respect what they mean to the industry and sporting world with past history. I think the quality and attention to detail has fallen off the face of the earth. I remember being a kid and in love with the 870 Wingmaster. Fast forward 30 years, I am sitting in a gun shop trading a Browning Maxus visiting with some others and each person said get a Browning, Beretta or Winchester but don't touch the VersaMax. My brother bought a 1911 that when he opened the box had to be returned to be fixed. Does Remington need to make an A/R, a 1911 and some other items they have moved into recently? It is great to have a large product line but also dangerous. When looking at the Rem 700, there hasn't been a single model come out that made me really think I want that gun. On the other hand, companies like Browning and Weatherby have both brought out products that I have a burning desire to buy. Savage and Ruger have done a good job as well. I think we all remember the dark days of Colt and how they went from an icon to being nothing better than a paperweight. It seems they restructured and are producing products worth purchasing again. The real downfall of Remington could very well be the expectations of private equity. They only want their return on their money. They aren't concerned with quality or customer service. I read something that referenced the lawsuits from Sandy Hook but that wasn't the real impact. It was the investors of Cerabus Capital pulling their money. Remember, Cerabus tried to dump the Freedom Group portfolio shortly after Sandy Hook and no one was a taker at that time. Not sure there is any linkage but it is concerning that Freedom Group/Remington has acquired Dakota, Barnes, Bushmaster and others. When private equity creates a business like this, the impacts are far and wide. I don't know how these other entities roll up and if they are part of this pending bankruptcy. Just a thought to remember when supporting the big company vs small. [/QUOTE]
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