Remington filing bankruptcy

A lot of people in Alabama are probably wondering if they are going to have a job.
 
Makael said:
Buck retooled......
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If they retooled to make two knives they were already making it would be a miraculous redundancy boondoggle unprecedented in modern manufacturing.

You retool in order to make different knives--if you're making the same knives all you need to do (perhaps) is EXPAND your existing production lines if sufficient demand is anticipated.......I think we're all clear on that.

With the ugly stencils and etches demand is likely going to be light rather than heavy.
 
It was a good sized add on to manufacturing for this relationship with Remington. That's a fact. We have no idea what other knives are in the works. Maybe Jeff or Joe can speak to this?
 
I would be happy to hear there is a plan to make legitimate replicas of the old Remington Bullet Knives. It's possible that the two knives made this year were rushed into production because the re-tooling to make the real Remington knives was incomplete.

Buck has been unwilling to reveal any such plans thus far. Maybe soon?
 
Yes, let's be patient and wait. Then discuss what they come foward with. We've discussed this before and it helped not.
 
Buck might be able to discuss it due to the question is did they have to retool. Key word.=Tool.
 
If Colt that was on the brink of bankruptcy and could make it through one of the worst recessions in history and did, well I have some faith that Remington will get through this. I don't know how but hopefully they will. Honestly the only Remington product I have bought since Freedom Arms purchased them has been their ammunition. Everything else has gone downhill as far as their firearms go. Even the news that Buck would be making knives for them wasn't enough for me to get excited and want to purchase one. The Remington name just doesn't mean what it use to.
 
RevolverGuy said:
If Colt that was on the brink of bankruptcy and could make it through one of the worst recessions in history and did, well I have some faith that Remington will get through this.
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Buck Knives, Inc. remains family owned and hopefully never have to experience what seems like the 'American' way to operate a business.

Colt's Mfg. is owned, like Remington and others, by an investment/management group. Their SOP is bleed off the profits then file for bankruptcy, get refinancing and start it all over again. Preston
 
Remington will be fine. Someone will end up with the factory and product lines. It is the holding company that is in trouble and we will not miss them.

n2s
 
Trouble is, whenever these bankruptcies occur, the management undergoes changes that can cause instability.

We've seen that in the firearms industry for quite a few years now and it has had negative consequences.

The bean counters take over and quality suffers. Marlin was a good example.
 
freedom group or remington outdoors has been being run by folks not from the firearm industry. the bean counters you refer to and dislike vp. they tried to squeeze cash and profits by every angle much like colt.

remington outdoor products are terrible now and failures are monstrous......on par with taurus seems like.

ive come around on the american made buck Remingtons knives weve seen so far. hope it helps buck and whoever remingtons new owner(s) will be.....since part of this bankruptcy gets cerberus out of the ownership from what ive read and good riddance.
 
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This type of restructuring is not that uncommon. They will come out of it and back to normal operations.
Will not affect us unless something drastic goes on with the restructuring

no, we did not add onto the building for Remington production. That add on is for something else.

I havn't seen what we are going to do for Bullets next year. When I can I will post.
 
Yea what he said what' the add on get? Us inquireing mimes want ta 411 low down on the add on ????!!@@
Oh yea -please sir
 
Obviously some things need to be kept secret, but that was an awful tease!

So nice to get participation from people at the factory. Thanks for everything. Ed.
 
All the gun and ammo companies built capacity like crazy. Gun sales and ammo sales were through the roof as people feared Obama, and then Hillary, would outlaw certain models, a la the previous "assault weapon" ban. Gun people stocked up. New buyers figured it was their last chance. Gander Mountain, Bass Pro, Cabela's and the rest built new stores like crazy to service the demand. Around Cincinnati, Ohio we went from one Bass Pro to the same Bass Pro, a Cabela's, 2 Field and Streams, a huge Super Dick's Sporting Goods plus another Cabela's 30 miles away in Dayton. We lost the Gander Mountain in Dayton. Now gun sales are slumping because people pushed a life time of gun buys into eight years.

Remington is definitely in the process of filing for bankruptcy. They may survive. If they go down they will sell the product lines to someone as part of the bankruptcy. Whatever contract they have with Buck has value. Whoever buys Remington's firearm lines may buy the Buck contract. Or they may let someone else buy it. The knife experts here don't like the cheap knives they have seen so far from the Buck/Remington tie up. But the people who made them (Buck and Remington) thought someone would buy them. The new Remington owners may or may not agree. They may want cheaper knives yet, or they may be "back to excellence" purists who want old style quality. They may look at Buck and ask, "What do you think?" Or they may consider Buck an unsophisticated backwoods family and tell them what to do.

The deck is being shuffled.
 
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