It looks like remington has declared bankruptcy...
I had pre-ordered a 870 tac 14 hardwood from a dealer on cgn... will these still come in ?
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It looks like remington has declared bankruptcy...
I had pre-ordered a 870 tac 14 hardwood from a dealer on cgn... will these still come in ?
Before all else, be armed.
Niccolo Machiavelli
Member of the Conservative Party of Canada
Member of the CSSA
I can't believe the courts let a lawsuit for Sandy Hook go through!!! Blame car makers for drunk driving ffs
If they survive maybe, after trigger guards, they'll make the receiver plastic too..... to recovers losses.
Won't be popular here but i avoid american brand. They are crap now.
Remington QC has definitely diminished over the past few years.
Yes, we are still (and will still be) getting shipments from Remington and they will continue producing product.I had pre-ordered a 870 tac 14 hardwood from a dealer on cgn... will these still come in ?
Any ETA on the hardwood remington tac14 ?Originally Posted by Gravel Agency
Thanks
Before all else, be armed.
Niccolo Machiavelli
Member of the Conservative Party of Canada
Member of the CSSA
I bought a Bushmaster ACR and the QC was terrible. Scratches and scuffs all over what was supposed to be a brand new rifle.
The bolt carrier group looked like it had seen 5000 rounds.
Luckily I managed to return it and bought a Swiss APC 223 instead, spotless.
I still hope Remington sells the ACR rights to another company, I’ll happily give it another chance.
This is terrible news.
Remington used to be a great company.
Before all else, be armed.
Niccolo Machiavelli
Member of the Conservative Party of Canada
Member of the CSSA
Chapter 11 means they are filing for protection against creditors and looking to restructure their debts. So basically they are unable to make principle payments to debts as well as interest payments, so they are looking for ways to negotiate with the creditors to figure out a way out.
So they are NOT shutting down in its normal operation, but they are not allowed to make some big corporate decision like spinning things off or disposing assets without OK from the creditors while in Chapter 11. These creditors are parties that hold bonds, convertible bonds, loans....that sort of things. Generally not the suppliers that send parts and materials that keep the production running.
Basically they will negotiate their way out somehow and someone is going to take a haircut. Companies like Remington is probably worth way more as a company making products than just the logo itself separated from the fire sale of the machines sitting in the factory.
Please send all private messages on CGN admin issues to "CGN Admin" account
You say that like it's a bad thing, after plastic has been a major component in firearms usage for 70 years.
The vast majority of people complaining about the use of plastic know very little about plastic.
For the G36 standard issue rifle the receiver housing, stock, trigger group (including the fire control selector and firing mechanism parts), magazine well, handguard and carry handle are all polymers.
Time to move on.
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