[Rashputin]

I'm as old as dirt so I remember when companies and even some municipalities set aside money during the boom years so they'd have cash without borrowing during the lean years and the companies paid out decent dividends the whole while.

MBAs and outfits like Bain Capital, many run by guys who started out with fat trust funds built by dividends, fixed that.

JMHo

[markomalley]

Interesting line in this article: No longer fearful of tighter federal gun laws, enthusiasts slowed their gun purchases.

[niteowl77]

I was a Remington fanboy when I was an actual boy- I still look back fondly on the Nylon 77, 581, etc that I had in those days. The 700s, 870s, 1100s... that was what I aspired to.

Times certainly changed when DuPont cut them loose. The "new" Remington whored out their name for other companies to sell branded trinkets, sponsored a stock car and other "advertising ventures" to no avail, and released a cubic crapload of mediocre new designs while ending production of models that worked. The owners then committed the penultimate folly of acquiring Marlin and flushing that brand down the toilet in less than a year and rattling the handle thereafter... the R51 fiasco has been sort of an encore.

"I don't need to know anything about a product, because I know how to manage money (or people, or flow charts, or...)" works great until the money is gone and no shark will loan you any more. The only way Remington could have been sodomized any harder than it was would have been if Mitt Romney had been put in charge of it.

[RightGeek]

Remington Outdoor means a number of brands:

As one of the largest manufacturers in the world of firearms and ammunition, we have some of the most globally recognized brands including Remington, Bushmaster Firearms, DPMS/Panther Arms, Marlin, H&R, The Parker Gun, Tapco, Advanced Armament Corp., Dakota Arms, Nesika, Stormlake, Timbersmith and Barnes Bullets.

[IndispensableDestiny]

Remington cannot service the debt Cerberus Capital Management saddled them when. A few dud products should not kill a debt free company. I suppose I should buy up all the Barnes bullets I can find for my muzzleloader. I use the Barnes Original. Too bad for Marlin getting sucked down the drain with Remington.

[xander]

Wow! One might think Hillary was in charge over at Remington the way they throw blame around at everything but themselves. Hidden Masadas instead of emails

Their problems stem from being deaf, dumb, and blind — not because Americans voted for a pro-gun president.

Customers asked for more out of them and they failed to deliver. The market changed and they didn't. Technology changed and they were slow to adopt. They were poor managers of any positive gains they should have made during the best years any firearm and ammo manufacturer could ever ask for.

I hope filing will bring about the positive changes that company has needed for a long time.

[OKSooner]

Time for Ruger to bring out some new shotguns, it would appear.

[Presbyterian Reporter]

Remington must have foolishly spent their money during the Obama Boom Years.

Remington was also likely expecting Hillary to win so they would potentially have 8 years of Hillary Boom Sales.

[PROCON]

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