Remington Restructuring Announcement

[rhino62]

Now that the greedy pricks from Cerebrus are out of the picture perhaps Remington can recover.

I wish them all the best, it's a sad thing to see this great old firm go under.

Yes anything Cerebrus owns ends up in a very sorry state, same happened when they owned Chrysler!

[Thunderhog]

Gravel Agency came through for me, I received my two Remington 700 LVSF stocks back from them last week. They were both fixed real nice, under warranty, no charge. I like my Remington rifles, they are great shooters.

I hope this all gets resolved, if they go under, all the current good Remington rifles in Canada will go up in value.

Only my opinion!....

[Battlerifleelitist]

Remington has had their problems here and there but I always liked them, I even consider the 5r better than the tikka.
I'm just frankly confused why they decided to keep pumping out mediocre 700s for $600-700 when they could have focused on the 5R class which was competitive with the T3 at $1k-1.2k

[Mister Donut]

I like my Remingtons.

[greentips]

Remington has had their problems here and there but I always liked them, I even consider the 5r better than the tikka.
I'm just frankly confused why they decided to keep pumping out mediocre 700s for $600-700 when they could have focused on the 5R class which was competitive with the T3 at $1k-1.2k

A large part of the market in the US are guns flowing through large stores like Walmart. Price point is a big thing when you are dealing with average hunters who use the rifle a few times a year.

[Gravel Agency]

Hi,
So what is happening with Big Green?
Just saw the announcement on the news.
How is it going to affect the Canadian market?
And Gravel as a distributor and factory warranty service?
Please tell us what you know/we need to know!

Business as usual.

This is just the finalization of the process that began over a month ago.