To my mind it is because they operate in blue states.
More progressives whistling as they pass the graveyard.
Colt’s bankruptcy filing is due to poor management and failure to provide handguns that the shooting public wanted. Colt Python, Detective Special, etc.
But, losing the big government rifle contract nailed them to the wall.
Me and the Mrs Al Baby bought a clock 19 yesterday and im thinking of buying a couple more firearms in the next couple months
The HuffPo has no friggin' clue as to why Colt filed and it had nothing to do with average American's gun buying habits.
Annie’s got her gun(s). Now she’s looking to stock up on ammunition.
A few internal ISIS attacks and gun sales will go up again.
One thing for certain is that most firearms are concentrated in hands of right wing American, with far left gun ownership sucking rocks.
They should offer a free confederate flag with every purchase.
They are completely nuts. Ruger and Smith & Wesson's stock prices are much higher than they were on Obama's inauguration day in 2009.
Their argument runs something like, "Chrysler and GM went bankrupt, so people are going to stop buying cars", and "Oh, and people will stop buying Hondas, Toyotas and BMWs, too. Just because."
Colt is bankrupt because it is badly managed. The Colt brand should live on, under new management. (Maybe they'll even bring back the Python!)
ping
Firearms companies that haven’t played footsie with the libtard pols seem to be fine...
In a business of selling products, there are two factors that gun manufacturers need to keep in mind.
1) Innovation. Find out what the public wants and make it, or better yet, make something new that the public doesn’t even know they want yet, that will become the “hot new thing”.
2) Don’t wait for market demand. Create market demand. Create more customers. A gun maker should create a superior BB gun at a low price, that should be a status “first gun” with parental supervision. Why not even have a BB gun range? Contests. If a kid gets an S&W BB gun for Christmas, they will remember the S&W label for the rest of their lives.
The majority of firearms being manufactured in the US today are pure junk, and there is a reason for that.
The US gave away its edge in machining technology and quality control to china and mexico. The chinese and mexicans now can produce better products with our knowledge, and at our expense.
Doesn’t matter though, feel free to buy all of the firearms that you like. They’re all pretty much useless if you don’t have any ammunition for them, or worse, a smaller supply than you enemy.
It all boils down to profits. The shareholders want greater returns on their investments. If the US firearms companies offshore, then profits increase.
I’ve heard this same line here on FR countless times, for countless industries.
So if you draw the line at firearms manufacturing being offshored, suck it, because the shareholder vote trumps you 2nd ammendment rights.
People here chose profits over freedom, and now you have to pay the price for that loss.
Blame it all on the bogeyman of your choice: governmemt, unions, cronies, whatever. But in the end, those industries have been lost for good, and you will most likely never get them back, because they now belong to foreign nations, and those foreign nations thank you stupid Americans for giving them the keys to the kingdom.
Colt had some years of bad management! When your CEO said that your customers needs to have background checks, you’ll get boycotted. Quality issue is another...mismanaged.