That’s the problem with the old names in gunmaking: taken over long ago by people who want to make fast bucks - and don’t even like gun people.
When you give Up quality for the sake of money, you piss off the old time base. They also spent too much time in Ilyon, NY. They should have stayed small and moved to a gun friendly state. This was easy to see 8 or 10 years ago. I own a lot of Remington firearms. All at least 25 years old. Colt is as bad. Money blood suckers kill good company’s and screw the employees. Wonder Bread suffered the same thing.