Dakota Arms / Nesika Bay in Bankruptcy protection

[Obtunded]

"...Dakota Arms, a privately held firearms manufacturer in Sturgis, has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code, the company announced."

"Dakota Arms manufactures rifles, shotguns and gun parts. The company moved to Sturgis from Minnesota in the mid-1980s. Through mergers and acquisitions, Dakota Arms has since brought gun maker Nesika Bay Precision, gun maker Miller Arms Co., and gun-case maker Dan Walter Cases to Sturgis."

"In a news release, Dakota Arms officials said the company's board of directors decided that Chapter 11 bankruptcy filing would be in the best interest of Dakota Arms' customers, creditors and employees. The company will continue operating during the reorganization."

Shhhhhhhh*****t.

 

[pilgrim]

true....shhhhh********t.

 

[Long Range Canuck]

Glad I got mine when I did. Dakota's are outstanding. It would be a great loss to loose a manufacurer with the quality of Dakota.

 

[Ian Robertson]

Dakota is still in full production.

 

[Thamok]

ya but for how long and what will the re-org do to the quality... once the bean counters are in charge, the only thing that matters is the bottom line

I'd second the awww sh***T statement

 

[Why not?]

Bankruptcy protection, Gentlemen, bankruptcy protection............. not bankruptcy.

Many companies emerge from this much better off than before!

Ted

 

[Ian Robertson]

Let's hope.

 

[Thamok]

Let's hope.

+1



.... what's with the stupide limit of '3' characters? sorry ya'll wasted the time to read this extra line so I can post....

 

[bigbull]

Yup let's hope!