This is a discussion on Gun Maker Remington Preps for Bankruptcy, Seeks Sale to Navajo Nation within the News forums, part of the SIG Talk category; Originally Posted by Anatolians Their best option, IMO, is sell the patents and the production rights to make the product. There are so many specialty ...
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|06-27-2020, 11:37 AM||#16|
Join Date: Jul 2017
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Navajo Nation is in northeastern Arizona, southeastern Utah, and northwestern New Mexico.
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|06-27-2020, 12:43 PM||#19|
Join Date: Jan 2019
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|06-27-2020, 12:52 PM||#20|
Join Date: Feb 2015
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|06-27-2020, 02:38 PM||#21|
Join Date: Feb 2016
Location: New Braunfels, Texas
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So many custom action makers producing Remington 700 clones that are better/improved versions of the original it's a moot point if they go under. The model 700 is the most well known product in their line. You can buy one of their actions cheap now, but then need so much gunsmith trueing on it and a good trigger that your within custom action price range to make one operate properly and shoot accurately. Not a fan, except for my old version 870 in 28 gauge, now that's a well made firearm and very nicely finished. My wife actually bought it for me at an auction!
|06-27-2020, 03:54 PM||#22|
Join Date: Sep 2016
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How the courts accepted this argument is beyond me.
|06-27-2020, 07:29 PM||#23|
Join Date: Dec 2019
Likes Received 1803
Companies go bust. Look at Nokia. They owned the mobile phone market. Now a shadow of what they once were. Bad management. Weak board of directors. The two kisses of death.
Then again, Harley Davidson was in the ditch after being taken over by a big conglomerate that f-ed up the brand. The company eventually broke free and managed to survive and thrive. Itís all about finding the right investors and leadership.
|06-28-2020, 11:04 AM||#25|
Join Date: May 2020
Location: South of the border
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That is why breaking Remington up and doling them out as their own brand (as one for shotguns, one for ammo, one for other arms) might be their best bet.
I specifically mentioned their ammo business. With all the tooling in place along with all the safety measures and work force, it would make no sense to close up shop and take all of that somewhere else. Leave that as is, where is.
And I am sure Remington has more than just their legacy patents since this company has been in business so long along with all innovations and redesigns/modifications over the years.
By the way, if anyone is ever in Pasadena CA, you have GOT TO GO to the cowboy museum - Autry Museum of the American West. LA's best kept secret in my opinion. Incredible look at the Hollywood westerns, native american displays, original artwork, and the historical gun collection and the COLT collection are out of this world. $10 bucks, no lines, stay all day.
|06-28-2020, 02:59 PM||#26|
Join Date: Aug 2017
Likes Received 361
All this talk about Remington brings back a lot of memories. I graduated from the FBI Academy as a Special Agent in 1976. The Remington 870 was the shotgun that we trained on and that the FBI used at that time. We spent a lot of time shooting that weapon, cleaning it and learning how to take it apart and put it back together.
One of the things that our supervisors did to us at the academy was to administer "stress" tests, where we were suddenly and unexpectedly taken out of class and given a task to do. One I remember well is that we were divided into 4 man teams, required to run 3 miles and meet at the shotgun range, where we were to shoot only birds of a certain color. We had a time limit in which to accomplish this task.
Lo and behold, when we got to the range after completing our run, we found our 870's completely disassembled. I had to try and remember how to put it back together after a hard 3 mile run. Amazingly, I did. But I always remember that day. The 870 in 1976 was a good firearm. I have no idea what it is today.
|06-28-2020, 04:30 PM||#27|
Join Date: Feb 2016
Location: Atlanta, GA
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|06-29-2020, 05:57 PM||#28|
Join Date: Oct 2019
Likes Received 37
I’m not too surprised to read they are filling Chapter 11. Remington also owns H&R, DPMS, and Bushmaster among others companies.
CDNN has been wholesaling Remington, Bushmaster and DPMS AR Lowers and Uppers/ build kits for a couple months. The DPMS and Bushmaster sites are down with just Remington contact info..
Too bad to see a once iconic name turn to **** in my lifetime.
|07-10-2020, 03:03 PM||#29|
Join Date: Dec 2017
Location: New Mexico USA
Likes Received 553
The Navajo Nation does not have a stellar history when it comes to operating a business.
Look at the Navajo Irrigation project south of Farmington, NM. Even with free water they can't make it work.
|07-10-2020, 04:04 PM||#30|
Join Date: Feb 2019
Location: AZ, Where Free Men Live
Likes Received 10
Oh, I don't know about that.....
Forged steel upper/lower. Not as tight as a Clark, but this is a carry gun. They are just a tiny bit more loose than my Kimbers. It is an impressive weapon at $525 wholesale with a tritium front sight and knockoff (?) Novak rear?
I own five, by mistake. :-] Long story.
This is a sweet handgun, my friends:
Further, I've a couple of their 20 ga "birdshead" shotpistols that sort of rock.
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