Remington was bought by a venture capitalist group a few years ago that specializes in buying distressed companies, gutting them, and then selling off the remaining assets.
That's not true - there's been no final judgement in those lawsuits.
Remington took on a huge amount of debt. It was so much that even in these times of scarce firearms (and despite filing for bankruptcy just a couple years ago) they are unable to get out from underneath their massive bubble of debt.
They mismanaged their finances after more than two centuries of effective stewardship.
I have a plan to rescue them in 2 months.... Make ammo around the clock, sell it direct to the customer online, raise your prices by 10%. Why do corporations always make shit so hard??
Almost no one is talking about Ruger getting Marlin. That could be an amazing line. Imagine a beefed up, big bore, lever with a fast twist and a threaded barrel, jfc imma need a minute over here.
Remington was bought by a venture capitalist group a few years ago that specializes in buying distressed companies, gutting them, and then selling off the remaining assets.
"vulture" capitalist.
FTFY
Yep, then QC, goes out the window to cut costs. You get a bad name and loose all your customers.
Not only is this true, but the "Freedom Group" is a Soros funded operation.
well they're certainly not making enough ammo.
I think everyone sold record amounts of guns and ammo in 2020.
That's not true - there's been no final judgement in those lawsuits.
Remington took on a huge amount of debt. It was so much that even in these times of scarce firearms (and despite filing for bankruptcy just a couple years ago) they are unable to get out from underneath their massive bubble of debt.
They mismanaged their finances after more than two centuries of effective stewardship.
I have a plan to rescue them in 2 months.... Make ammo around the clock, sell it direct to the customer online, raise your prices by 10%. Why do corporations always make shit so hard??
Sadly ......... all that’s left is a brand name. Hopefully it’s 7 patriots who will bring it back even stronger 🐸
We need a Black Rifle Coffee and Remington Company.
Almost no one is talking about Ruger getting Marlin. That could be an amazing line. Imagine a beefed up, big bore, lever with a fast twist and a threaded barrel, jfc imma need a minute over here.