Remington Arms to reopen March 1st

[light12pdr]

Looks like Remington is back starting March 1st. Just saw this on Facebook and I hope it is true

https://www.shootingillustrated.com/articles/2021/2/2/remarms-to-begin-production-march-1

 

[BUFF7MM]

Glad to hear this.

 

[JamesDong]

This is nothing new, Winchester changed hands many times 100 years ago.

 

[IX-3]

Good, I need a few more 870's. The big question will be if they will continue to produce all of the models Remington was or if they will limit it to certain models. I have an 870DM that I could use a few more magazines for but they have always been out of stock since I acquired it, even before the pandemic hit. If not I guess it will just hang out in the safe until the end of times because I refuse to pay upwards of $300 for a single magazine on Ebay.

 

[Mr.Blue]

Thank God. The one partner at the buying firm, mr. Italia sounds like a good guy.

Good luck to them.

 

[K31]

 

[twybyll]

From a link off of that article, Remington got broken up quite a bit in their bankruptcy:


Ruger—Marlin firearms
Vista Outdoor—Lonoke ammunition
Sierra Bullets—Barnes
Franklin Armory Holdings—Bushmaster
Sportsman’s Warehouse—Tapco
JJE Capital Holdings—DPMS, H&R, AAC and Parker
Roundhill Group—Remington firearms

Does RINO mean "Remington in Name Only" now?

 

[Nickberg500]

What does this mean for the stock market? What companies would be impacted by this in March?

 

[Mr.Blue]

From a link off of that article, Remington got broken up quite a bit in their bankruptcy:


Ruger—Marlin firearms
Vista Outdoor—Lonoke ammunition
Sierra Bullets—Barnes
Franklin Armory Holdings—Bushmaster
Sportsman’s Warehouse—Tapco
JJE Capital Holdings—DPMS, H&R, AAC and Parker
Roundhill Group—Remington firearms

Does RINO mean "Remington in Name Only" now?

At least they all appear to be American companies.

 

[mpollan1]

What does this mean for the stock market? What companies would be impacted by this in March?

Screw the stock market. What does this mean for the ammo market? Will manufacturing help take some strain off of the supply side?

 

[twybyll]

A factory got reopened, owned by the parent company of Federal.

https://www.forbes.com/sites/aarons...ngs-remington-factory-online/?sh=76b10f0e7f87

I doubt the supply strain is going to be helped though!

 

[Nickberg500]

Screw the stock market. What does this mean for the ammo market? Will manufacturing help take some strain off of the supply side?

I play with stocks and I pour the profits into ammo. It's off topic a bit though, sorry for that...

 

[Nickberg500]

A factory got reopened, owned by the parent company of Federal.

https://www.forbes.com/sites/aarons...ngs-remington-factory-online/?sh=76b10f0e7f87

I doubt the supply strain is going to be helped though!

Sounds like a good time to invest in VSTO, already missed the dip though

 

[erwos]

I think new management could be huge for Remington. A little more push to innovate and a bit more QC would go a LONG way to restoring their fortunes.

 

[TheOriginalMexicanBob]

As long as the new owner isn't out to drain the money out of it and not invest in it for the future I'm OK with it.

 

[JamesDong]

New guns = less ammo since it will be even more spread out?

 

[308Scout]

From a link off of that article, Remington got broken up quite a bit in their bankruptcy:


Ruger—Marlin firearms
Vista Outdoor—Lonoke ammunition
Sierra Bullets—Barnes
Franklin Armory Holdings—Bushmaster
Sportsman’s Warehouse—Tapco
JJE Capital Holdings—DPMS, H&R, AAC and Parker
Roundhill Group—Remington firearms

Does RINO mean "Remington in Name Only" now?

In a way yes. In the same way that DWINO means "Dan Wesson in name only" after CZ rescued the brand.

The bizarre part, IIRC, is that Roundhill needs to license the Remington name from Vista.

I just hope this means Remington 870 barrels are closer to market.

 

[jollymon]

Did they get Parker Shotguns in the deal and will they bring them back to

 

[308Scout]

Did they get Parker Shotguns in the deal and will they bring them back to

A different company (JJE Capital Holdings) purchased the DPMS, H&R, Stormlake, AAC and Parker brands.

 

[Kharn]

I think new management could be huge for Remington. A little more push to innovate and a bit more QC would go a LONG way to restoring their fortunes.

I hope we see more 700CP pistols, and less RP9 experiments.