Remington has shut down AR production
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Link?
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Is Remington Leaving the MSR Market? DPMS, Bushmaster and TAPCO Sites are Shuttered - The Truth About Guns
UPDATE: a dealer friend of ours received an email today from distribution giant RSR Group notifying them of the following: Remington Outdoor Company informed RSR at the SHOT Show that they will be focusing on their core hunting and shooting brands – AAC, Barnes, Marlin and Remington. Bushmaster...
www.thetruthaboutguns.com
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interesting.. Midway was running a 1/2 price sale on StormLake replacement barrels over past few weeks, indicating they were discontinued..
Thought it was odd, but I bought 2 threaded replacement barrels for my full-size M&P's anyways. I know a couple of other guys bought some of the ported ones also..
Article indicates StormLake is one of the shuttered brands..
Thought it was odd, but I bought 2 threaded replacement barrels for my full-size M&P's anyways. I know a couple of other guys bought some of the ported ones also..
Article indicates StormLake is one of the shuttered brands..
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ALARMING...............especially at a time when the AR platform and accessories are some of the hottest selling items out there.
was it a political decision.....
or is there so much competition in the market that they decided to abandon it?
.....i would think that DPMS and Bushmaster would be profitable.....unless they fell into mismanagement and other problems such as corporate raiding where the two lines were bled dry on the books and their profits were leveraged away elsewhere......
Remington has steadly been loosing its reputation for quality and customer service.....
was it a political decision.....
or is there so much competition in the market that they decided to abandon it?
.....i would think that DPMS and Bushmaster would be profitable.....unless they fell into mismanagement and other problems such as corporate raiding where the two lines were bled dry on the books and their profits were leveraged away elsewhere......
Remington has steadly been loosing its reputation for quality and customer service.....
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Freedom Group was never about being pro gun, only about pro money. They buy companies with good bottom lines and then manage them according to accounting rules and not individual markets. They don't know the markets and don't care. They only care about the most money as fast as possible.
It's an accounting game. When the company earnings start to produce negative, it is more profitable to take the tax loss than to keep them open. If they have lucrative government contracts, they keep that part and sell the rest.
It's all about the Dollars and the bottom line for accountants. Investors are accountants, not Merchants.
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It's an accounting game. When the company earnings start to produce negative, it is more profitable to take the tax loss than to keep them open. If they have lucrative government contracts, they keep that part and sell the rest.
It's all about the Dollars and the bottom line for accountants. Investors are accountants, not Merchants.
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