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Remington filed Chapter 11

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  • Remington filed Chapter 11

    Remington filed Chapter 11 which means they will reorganize. They are reducing debt by $650 million and has secured hundreds of millions from banks. Sometimes Companies emerge from Chapter 11 better than they ever were.
    If you have a chance look at the video that tours the NEW Marlin manufacturing line at Remington. You will be very very impressed.

  • #2
    Quality will get Quantity. I spend my $$ for a tool to do a job not something I have to repair.

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    • #3
      Remington has bean making Recall Junk for the past Ten years+/-.

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      • #4
        Originally posted by Treestand View Post
        Remington has bean making Recall Junk for the past Ten years+/-.
        They will be back better than ever. Lots of companies have quality or design issues on new products. Sig is turning out a plastic turd right now. Winchester made a POS in the '70's. Ruger made things that did not work. Winchester was making some junk and going belly upuntil Browning bought them.
        Look at the video of the NEW Marlin 336 line, it is absolutely amazing. Can't wait to see some of the new production rifles.

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        • #5
          Originally posted by rockhound View Post
          Quality will get Quantity. I spend my $$ for a tool to do a job not something I have to repair.
          Remington will emerge from bankruptcy better than ever. First sign is the NEW Marlin 336 line where they have invested $1.5 million in new machines. Watch the tour video of the line and you will see their commitment.
          They are reducing their debt $650 million and has $$$ hundreds of millions lined up from banks. Should see big improvements soon.

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