Remington: What The Hell Happened?

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Gun News & Reviews

Gun News & Reviews

Күн бұрын

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@TSimo113
@TSimo113 3 жыл бұрын
They got screwed by activist courts. Those Lawsuits should have been dismissed.
@billf4995
@billf4995 3 жыл бұрын
Remington should have manned up and owned the issue with model 700 triggers. The original designer acknowledged the issue and designed the correction decades ago but Remington chose to deny, deny, deny and buried their heads in the sand. Remington left their loyal customers in the cold.
@jeffscuderi8662
@jeffscuderi8662 3 жыл бұрын
The new trigger was bad also smh recalled
@bbbbBEOTCH
@bbbbBEOTCH 2 жыл бұрын
ur soft in the head aint ya
@TSimo113
@TSimo113 2 жыл бұрын
@@bbbbBEOTCH I"m against allowing people to file baseless lawsuits against companies engaged in the selling of legal commerce. If you hate guns that's your problem, not Remington's.
@hphillips7425
@hphillips7425 3 жыл бұрын
Go to college get a degree do a poor job run a company into the ground and get millions in a buyout and bailout
@joeduca6071
@joeduca6071 3 жыл бұрын
no bailout if you make guns
@jasonstewart3748
@jasonstewart3748 3 жыл бұрын
No child left behind has degraded the intelligence of this country. It's catching up with us.
@MrJeffcoley1
@MrJeffcoley1 3 жыл бұрын
I worked at Remington, and I knew these guys. Yes, they were money guys but they were also big gun enthusiasts. The problem was they didn't know how to run a gun company and enthusiasm is no substitute for experience.
@jasonstewart3748
@jasonstewart3748 3 жыл бұрын
@@MrJeffcoley1 sounds like dunning kirk syndrome
@TommyVercettisGamingNews
@TommyVercettisGamingNews 2 жыл бұрын
Great video man. Thanks
@johannesvanhoek9080
@johannesvanhoek9080 3 жыл бұрын
All companies that are worth a damn should pull out of New York
@Supertramp01
@Supertramp01 3 жыл бұрын
And Cali
@richardhaywood9474
@richardhaywood9474 3 жыл бұрын
I’m a New Yorker, and I’m ashamed to say that you are right. Between bad government and unions that really don’t care about their people or the company, few companies stand a chance. Someday we’ll take our state back. My theory is that it will eventually catch up in the rest of the country and no place will be free, unless the people stand up.
@johannesvanhoek9080
@johannesvanhoek9080 3 жыл бұрын
@@richardhaywood9474 you are very right , one day and let’s hope soon that NEW YORK regains it’s status of what it once was , one of the greatest most loved states by the people !
@richardhaywood9474
@richardhaywood9474 3 жыл бұрын
@@johannesvanhoek9080 For sure! This is where I’m from, and I really don’t want to go anywhere else, except maybe West Virginia!
@richhauxwell7848
@richhauxwell7848 3 жыл бұрын
Better idea. Insert standard comment here. Build the wall around the island of NYC and Chiraq and Philthadelphia and DC and up the San Andreas fault. The new club Fed swamp sewer
@fgallogallo7
@fgallogallo7 3 жыл бұрын
Not just Remington sad our whole country is sad right now. It makes me sick to my stomach.! I will always remember the glory days of Remington and Winchester and Browning .Just a memory now.!
@alphahead2741
@alphahead2741 3 жыл бұрын
The only thing I love about remington, Is their shotguns
@daleharvey3278
@daleharvey3278 3 жыл бұрын
Too bad they cant bring out new rollers,single shot,accurate,and will last 100yrs
@jeffscuderi8662
@jeffscuderi8662 3 жыл бұрын
@@daleharvey3278 won't sell many today it's auto bolt days
@RobertWilliams-ox4hz
@RobertWilliams-ox4hz 3 жыл бұрын
The worst part is gun are selling like hotcakes and Remington still folds. lol I live 10 minutes from the factory in Ilion. Its sad to see it go.
@josephruiz7233
@josephruiz7233 3 жыл бұрын
Legacy costs and piss-poor quality control is why Remington went under. By the late 1990's, Remington couldn't afford to pay their contractual benefit guarantees to their union members and retirees.
@OhSoddit
@OhSoddit 3 жыл бұрын
Yes and "no"... I purchased a (Remington made) Marlin X-T22. Right out of the box, it had a BENT BARREL. HTF does something like that happen??? Quality control is SO BAD, it's put me off - ever - buying anything "made in the USA".
@goosecouple
@goosecouple 3 жыл бұрын
Only ammo companies complain about having too much demands.
@andrewslagle1974
@andrewslagle1974 3 жыл бұрын
they were done long before the pandemic political buying boom ever started
@OhSoddit
@OhSoddit 3 жыл бұрын
@@andrewslagle1974 YEP - they were putting out such piss poor crap, the only market they had was 'the uninformed'. I'm in Australia, and it's now pretty well known, if it isn't JM stamped, *do NOT* buy a "Marlin" (or a new Remington). It's kinda sad, but it's harmed the reputation of "Made in USA" far more than just a firearm or two :(
@Spectral257
@Spectral257 3 жыл бұрын
Sell your company to a hedge fund and they'll ruin it.
@crazyralph6386
@crazyralph6386 4 ай бұрын
Yep, just ask McDonnell Douglas Helicopters
@tommyboyindy1157
@tommyboyindy1157 3 жыл бұрын
I’m glad Ruger bought the Marlin brand. Maybe now they will return to their old glory.
@hotrodray6802
@hotrodray6802 3 жыл бұрын
Left will ban 90% of the products. Dont dont care about jobs.... They just want to RULE.
@aaronmcleanmclean2245
@aaronmcleanmclean2245 3 жыл бұрын
Ruger is just as bad every 1 i bought had to go back . The repair jobs where horrible. I always buy American I fought for this country as infantry in iraq. There is not really to many quality guns made in usa sadly. The German guns seem to exceeds my quality expectations. I love anschutz rifles and hk pistols.
@tommyboyindy1157
@tommyboyindy1157 3 жыл бұрын
I have never bought a bad Ruger product. I think you are full of sht.
@aaronmcleanmclean2245
@aaronmcleanmclean2245 3 жыл бұрын
@@tommyboyindy1157 I have all four had to go back the repair jobs were awful. I bought a ruger m77 predator they, replaced with a rifle that ripped chunks out the bullet case. Bought a 2nd ruger m77 online in 22-250 brand new from cabelas special order. They action screw protruded so far out i couldn't work the bolt. The repair job they did was just cut the action screw in half . The stock was still crushed. Went back again needless to say they put a new stock on but it didn't match the original stock. That gun was 4 moa at 100 yards. Had a Redhawk I got for my birthday in 44mag. When a family member who bought it for me open the cylinder boom 💥 finger never was on the Trigger I seen it. That was last ruger . I will never buy a ruger again. Hopefully you have luck with them guns cost too much.i had luck with anschutz rifles, he pistols they work better than my exspatations. My anschutz 1771 in 222rem produced 1 ragged hole for 5 shots with cheap factory ammo with alot differentbrands. Bolt smoothest action i ever seen. My 17hmr anschutz does same thing. My hk pistols never had a failure. My favorite hk p30 feels like it was a custom gun as far fit. Crazy accurate and fast shooting.
@catdaddy3728
@catdaddy3728 3 жыл бұрын
I have had to send back brand new Smith and Wessons, revolvers where barrel not indexed straight and terrible machining on barrels, Ruger Blackhawks for barrels not indexed straight, Henry pump and lever 22's for quality issues, AND, HENRY sent me back my rifle with live ammo chambered and 3 live rounds in the tube. Wrote to CEO he wanted name on who signed off on slip in with returned gun... never heard anymore from that. I luckily have lots of true Marlin levers that are great. But, I have a REMLIN only 1 thank goodness in 45-70 that fit and finish look good but the lever will not stay locked closed, let go of it after racking it and it drops down open I never sent it back to Remington cause I was afraid it would come back in worse shape... I dont know where to send it to get proper attn.. Bean counters in place of mgt RUIN any and EVERY business they get control of... Wipe it out then on to the next notch on their resume... Disgusting.
@walksfletcher
@walksfletcher 3 жыл бұрын
It should be a Federal Crime to buy a Company and deliberately run it into the ground in order to steal as much money as possible from the pieces when it is forced into bankruptcy. A jailable offense that you can't "buy" your way out of.
@Me2Lancer
@Me2Lancer Жыл бұрын
Well said!
@hardball107
@hardball107 3 жыл бұрын
Don't forget NY and Governor Cuomo and their relentless campaign against firearms and the firearms industry.
@MDellen
@MDellen 3 жыл бұрын
You're right about financial engineering being the root of the problem for Remington. The company was owned by a financial group that got greedy. They did two things that caused long term problems. They cut costs, as you mentioned, moving production to Alabama in a bid for lower labor costs. As many people have noted, the quality of the products dropped significantly. There have been complaints about MIM parts for years, not that those are so bad in themselves. The machining has also been sloppy. Tolerances have been out of spec leading to problems with function and edges have been left so sharp that you can get cut if you happen to put your finger in a modern 870 breech. The second thing they did was change the financial structure of the company. They borrowed more and more money, leaving the company to pay interest and principle back on the debt. In a nutshell, that makes the equity or stock of the company more valuable for the shareholders, provided the company is able to service the debt. But it also increases risk. If the company can't service the debt, it goes bankrupt. Thus, the way the owners pursued profit resulted in lower wages, lower quality and ultimately the bankruptcy of the company. This is a problem that happens regularly in American manufacturing and American business. I prefer to support American workers, but financial managers often don't create the space for workers to make a quality product. Under these circumstances it's difficult to be too sentimental about made in America. The products made in Japan (Winchester, Browning) are excellent. The products made in Europe (Belgium, Czech Republic, Portugal) are often excellent. Vote with your dollars.
@glorybound6983
@glorybound6983 3 жыл бұрын
So if a hammer 🔨 misses the nail and hits my finger I can sue the manufacturer of the hammer 🔨 for the damage to my thumb. Really?
@henrybraud1156
@henrybraud1156 3 жыл бұрын
Sue the nail company too for not having the heads big enough so you couldn't miss!
@Kaliburz
@Kaliburz 3 жыл бұрын
That is the logic.... or lack of logic....
@waynehowell431
@waynehowell431 3 жыл бұрын
Thanks Dave, I had no idea. My first gun was a shotgun made by Remington. It was given to me on my 15th birthday. It's sad what has happened to the American firearms industry, and I think we will regret it someday as well.
@SaltySouthTexan
@SaltySouthTexan 3 жыл бұрын
You answered you’re own question. They were in New York. End of story
@pensnut08
@pensnut08 3 жыл бұрын
I just said they stayed 30 years too long... When King Mario the Pious Kuomo was crowned they should have left. New Yorkastan is a beautiful place. Great hunting, fishing and trapping... But the demonrats have turned it into a 1st class shithole.
@pensnut08
@pensnut08 3 жыл бұрын
@Jeff Scuderi King Kuomo of the People's Republic of New Yorkastan.... There's a reason I spelled it they way I did..
@UKSportsFan
@UKSportsFan 3 жыл бұрын
And if Smith & Wesson and Sig Sauer were smart, they'd head south....like the NRA just did. Why any firearm or ammo manufacturer remains in the communist northeast is beyond me.
@bankerlies6121
@bankerlies6121 3 жыл бұрын
@Jeff Scuderi Coumo is not Italian.
@bgjb-r1499
@bgjb-r1499 3 жыл бұрын
@vettelover2009 Negative!! The entire state of NY can vote Republican by 80% and still lose as long as Cuomo holds the five boroughs. They hold the five boroughs for two reasons. First, they employ nearly 40% of residents in benefit rich government jobs. Second, there’s a concentration of residents in the five boroughs that rely on public assistance. This specific voting block will never vote Republican. Satan could be on the Democratic ticket and still win. So, what’s my point? Well, as it pertains to NY it’s real difficult for a Republican to win. Keep in mind that when George Pataki won he was able to pull a significant number of voters from Suffolk & Nassau county.
@03bonneville
@03bonneville 3 жыл бұрын
A financial group with their outstanding MBA's ran it into the ground. It happens everyday and the people that built the business get screwed and the financial group walks away with loaded pockets and takes down another company.
@woodrowmagnus2535
@woodrowmagnus2535 3 жыл бұрын
And they ruined Marlin from manufacturing quality firearms. Remington also had the rifle that fired by itself and killed about 15 people. They chose not to fix these defective rifles. I wouldn't own or purchase Remington anything.
@jbloun911
@jbloun911 3 жыл бұрын
Short the stock, make $ on the downfall
@Lees920
@Lees920 2 жыл бұрын
@@woodrowmagnus2535 was that a model 700?
@jerkygutts8386
@jerkygutts8386 3 жыл бұрын
Bankers in charge of something they no nothing about . Happens to a lot of companies like the printing company that I worked for.
@brucechamberlin9666
@brucechamberlin9666 3 жыл бұрын
I worked there in Ilion as a mechanical engineer on loan from DuPont for two years as a consultant when DuPont owned them at the time. An over two hundred year old company that survived every economic recession including the Great Depression. Now at a time of record sales of guns and ammunition, they go bankrupt? That’s gross mismanage and the managers need to be held accountable. Something went wrong here and it stinks, money was stolen to make the executives rich. A full government investigation needs to be done. A major piece of American history and legacy has been lost forever.
@WhiteOneRomeo
@WhiteOneRomeo 2 жыл бұрын
Well said
@jackmurphy828
@jackmurphy828 Жыл бұрын
I lived in the town of German Flatts (Mohawk and Ilion) and it has always made me sad what happened to Remington. It was what held this town up. Lots of good people lost jobs. My stepdad worked there for years and left about a year after the Alabama factory opened
@JerryNorton-p1x
@JerryNorton-p1x 9 ай бұрын
Well anything made by man is not going to last forever.
@scottrussell6717
@scottrussell6717 3 жыл бұрын
The Remington plant here in western Kentucky only lasted a few years... marlin was a fantastic rifle 20 years ago.. I had several lever action rifles
@MrBill-mq7ti
@MrBill-mq7ti 3 жыл бұрын
Several things doomed Remington. Mismanagement, changing markets, competition, buying too many companies, then closing them... Para-ordanance for one.
@paulmoss7940
@paulmoss7940 3 жыл бұрын
Those early Paras are great.
@stevendedeian7774
@stevendedeian7774 3 жыл бұрын
didn't know about Para Ordanance..thought they were a seperate company...good to know...and thanks...
@jsog6
@jsog6 3 жыл бұрын
Simply one reason. Sold out to an investment company that wanted to sell into the firearms market, but didn’t want to be in the business and took Remingtons cash, quality, and control and soaked it. JSOG6
@Kbear56
@Kbear56 3 жыл бұрын
@@stevendedeian7774 I have a Para Warthog. Awesome pocket cannon.
@loboheeler
@loboheeler 3 жыл бұрын
Para Ordinance was a Canadian company that made some great pistols at good prices. I had the P12 which is a double stack compact .45 that small hands could use. Not sure why they sold out. The USA made line seemed bloated.
@stevendedeian7774
@stevendedeian7774 3 жыл бұрын
CZ, absolutely knows what they are doing...
@Kilz78
@Kilz78 3 жыл бұрын
Until my son bought a cz pistol (I forgot the model #) I never would have guessed how good the gun was was. It's a 9mm and probably has the smothest trigger pull/reset I have personally shot that came straight from the factory.
@ValcoBayrunner
@ValcoBayrunner 3 жыл бұрын
Great shotguns also
@jamiehowell4052
@jamiehowell4052 3 жыл бұрын
CZ's Shadow 2, a 75 variant, has absolutely the best factory trigger I have ever shot.
@patrickjoy9551
@patrickjoy9551 3 жыл бұрын
Absolutely fabulous rimfires as well. Their quality for dollar spent is unparalleled imho.
@glockfanboy4927
@glockfanboy4927 3 жыл бұрын
N african big bore safari weapons too
@easttexan2933
@easttexan2933 3 жыл бұрын
I think it came down to quality. If you can't make a quality product, especially a firearm, then I just as soon not have you making firearms.
@reddawng43x91
@reddawng43x91 3 жыл бұрын
Ammo to
@clawhammer704
@clawhammer704 3 жыл бұрын
The same reason Americans quit buying American made vehicles. They started buying Japanese made Toyota and a Honda vehicles because of great gas mileage and reliability. I love the old classic American vehicles but they lost their edge.
@Texze
@Texze 3 жыл бұрын
They sad thing is, they could make a quality product, they were held back by the owners.
@TSimo113
@TSimo113 3 жыл бұрын
It comes down to production decisions as well. I mean, did America really need another mid-priced 1911?
@Texze
@Texze 3 жыл бұрын
@@TSimo113 I would say yes. The Remington 1911 sold well, and the quality was average to good at under $600. Now the polymer pistols, what a train wreck.
@noahcount7132
@noahcount7132 3 жыл бұрын
Dave, beyond the sad news about Remington's demise, you mentioned your hope that Ruger will keep Marlin's 336 and 1895 models alive. To that I'll add my wish for Ruger to keep Marlin's pistol caliber 1894s alive as well.
@drdrake63
@drdrake63 3 жыл бұрын
I believe they should keep the pistol caliber offerings going as well.
@donaldregan6864
@donaldregan6864 3 жыл бұрын
@vettelover2009 Ruger stated Marlin lever guns will still be made.
@SaltySouthTexan
@SaltySouthTexan 3 жыл бұрын
Why oh why do I sell my guns so quick ??? I had an original 336 in Remington .35 Grrrr
@reddawng43x91
@reddawng43x91 3 жыл бұрын
They will! U will now pay 900-1100$ for a “Ruger” 336
@reddawng43x91
@reddawng43x91 3 жыл бұрын
The 783 is the shittiest budget rifle ive ever seen!
@chethaynes5802
@chethaynes5802 3 жыл бұрын
Remington's own engineer testified AGAINST Remington regarding the supposed faulty trigger. That certainly didn't help their bottom line.
@BigTomInTheBasement
@BigTomInTheBasement 3 жыл бұрын
Remington hid the problem instead of fixing it with a 25 cent part swap. I would have testified against them as well.
@chethaynes5802
@chethaynes5802 3 жыл бұрын
@@BigTomInTheBasement I did not know that
@kissitnow898
@kissitnow898 3 жыл бұрын
Wall street ruined the company 🙄
@reignick1133
@reignick1133 3 жыл бұрын
Greed and Democrats killed Remington, which to be 100% honest is redundant as a statement as Democrats ALWAYS want more power and money no matter what the cost is in lives and damage done.
@lynncarlson2463
@lynncarlson2463 3 жыл бұрын
Wall Street ruined our country, bankers too.
@benkanobe7500
@benkanobe7500 3 жыл бұрын
Thank you for answering the fundamental question so many of us just do not understand. Its like an Icecream shop going out of business during the greatest heatwave in history. I really appreciate the explanation. And, for me, the 870 was the Ford F150 of shotguns: affordable, reliable, good looking, durable, American, and something you would be proud to hand down to the next generation. So sad to hear of the demise....
@christerhauknes6840
@christerhauknes6840 3 жыл бұрын
I bought a Marlin(Remlin) 336 two years ago. On the box it said: American craftmanship.... You guys have really hit rock bottom! Im now waiting for a real vintage Winchester 94 to arrive in the mail. Made back when they made real quality products.
@christerhauknes6840
@christerhauknes6840 3 жыл бұрын
@Sensei Tony Marlins are made in the US. The old Winchesters was also made in the US. Quality on US manufactured rifles was a heck of a lot better a few decades ago. I got a friend who has a Rem 700 BDL in 222 rem made in the late 80's. That gun is a gem and high quality workmanship.
@noamjnhbgvfcdxs5698
@noamjnhbgvfcdxs5698 3 жыл бұрын
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@hoosiercarry1149
@hoosiercarry1149 Жыл бұрын
@@christerhauknes6840 Rem 700 222s were absolute tack drivers. I owned one 45 years ago I bought new. Of course I sold it and not long after I bought it. My interests changed back then. But now I'm gun nuttier than ever before. I wish I still had it.
@marshallwarden4240
@marshallwarden4240 3 жыл бұрын
I worked at the Huntsville factory for first 2 1/2 years it was open. I've been into long range target shooting, reloading, doing most all of my own gunsmith long before working there. I knew their reputation hadn't been good for awhile but had high hopes for Huntsville to be a turn around for them. I was wrong. I couldn't believe the garbage they would let go out the doors. I worked in the test range & 100yrd accuracy range mostly. All of the upper management & supervisors had no business with anything firearms related. Just a peice of paper that said they went to school somewhere. It made me sick at the lack of pride they had. I quit right before the 2016 election. I saw the writing on the wall.
@joephysics5469
@joephysics5469 3 жыл бұрын
Sounds like General Motors...
@mdredheadguy1979
@mdredheadguy1979 3 жыл бұрын
And they took down a great company like Marlin with them! So sad!
@joephysics5469
@joephysics5469 3 жыл бұрын
@@mdredheadguy1979 At least Ruger bought the Marlin division from Freedon Group. Ruger is an American company that is well run and probably will bring Marlin back to it's former status.
@andrewslagle1974
@andrewslagle1974 3 жыл бұрын
@@joephysics5469 the fact of the matter is all companies no matter what they are is one bad decision from out of business .and the current political problem will only make things in this country get worse bad times comming people .
@David-li4uw
@David-li4uw 3 жыл бұрын
@@mdredheadguy1979 Ruger will probably fix Marlin at least. Remington appears to be doomed.
@mikesauer7775
@mikesauer7775 3 жыл бұрын
Judges allowing law suites for actions of a twisted individual,to sue companies with No involvement in a crime has to stop. Lawyers suites should be refused for lack of culpability
@ValcoBayrunner
@ValcoBayrunner 3 жыл бұрын
Now they want to be able to sue the ammo makers. Next they will sue car company for running over protesters.
@Kaliburz
@Kaliburz 3 жыл бұрын
So, does that mean I can sue McDonald's for making me fat? (Yes, I remember the one who sued for spilling hot coffee on herself cuz the cup had no warning...)
@eltonyancey6426
@eltonyancey6426 3 жыл бұрын
@@Kaliburz Money grubbing lawyers turn into shitty judges.
@killertruth186
@killertruth186 3 жыл бұрын
And there's no evidence that the companies had provided them and or knowingly given to an unstable individual.
@nickrupp2336
@nickrupp2336 3 жыл бұрын
How many times do car manufacturers get sued because their car or trucks get used in an accident? Same dam difference.
@GotoHere
@GotoHere 3 жыл бұрын
Like the Pinto or Corvair? Car manufacturers getting sued like that?
@BigTomInTheBasement
@BigTomInTheBasement 3 жыл бұрын
@@GotoHere Manufacturing or design faults are not the same as user error or malicious use of the end product. It's like suing Ford because a nutbag lost their mind and ran over 20 people in a crowd at 80 MPH.
@garrisonnichols7372
@garrisonnichols7372 3 жыл бұрын
@@GotoHere actually no political parties are going to try and ban cars anytime soon. Even though car accidents kill way more people.
@garrisonnichols7372
@garrisonnichols7372 3 жыл бұрын
@@BigTomInTheBasement if any politician tried that Ford would eat them alive🤣 No one is ever going to screw with the Union Auto workers definitely not the Democrats.
@reignick1133
@reignick1133 3 жыл бұрын
@@BigTomInTheBasement manufacturer's flaws are not the same as malicious use.. but note how no Democrat scumbag dared to sue ANYONE when terrorist "trucks of peace" attacks happened in NYC? *There's a pretty obvious reason for that...* Game's rigged.
@peterspearman4843
@peterspearman4843 3 жыл бұрын
This is what happens when government regulations take over, we lose good jobs and community's
@garrisonnichols7372
@garrisonnichols7372 3 жыл бұрын
So True. I really don't like the government killing jobs because they think they know what best for us while they shit on their gold toilets in their gated communities.
@richhauxwell7848
@richhauxwell7848 3 жыл бұрын
Coming to a town near you.
@garrisonnichols7372
@garrisonnichols7372 3 жыл бұрын
@@richhauxwell7848 sadly with Joe Biden as president your right.
@richardbriscoe8563
@richardbriscoe8563 3 жыл бұрын
The quality of Dan Wesson firearms increased when CZ acquired them. Remington’s quality was inconsistent in recent years. The new owners should start by getting out of New York, acquiring some modern CNC machinery, buying the rights to a trigger that won’t keep them in court all the time and a 3-position safety. Then they should travel to see what the people who actually buy their products want. The “new Remington” can make it if they will keep their eye on the ball.
@apuzyr
@apuzyr 3 жыл бұрын
Maybe I’m too cynical, but I can’t help but think that greed infects a lot of these companies, especially when those at the top want to ensure that their “golden parachute” will allow them to lightly touch down into retirement.
@Alvan81
@Alvan81 3 жыл бұрын
We allow CxO executives to drain outsized chunks of Capital away from the company, via Stock and Compensation Packages that are based on stock price. I can think of 10 things off the top of my head, that Boost the Stock Price, but *hurt* the Company. The Capital needs to be put back into the Company.
@Alvan81
@Alvan81 3 жыл бұрын
@Thomas Hargett 100%
@jamespollard1670
@jamespollard1670 3 жыл бұрын
A real shame .
@victorromano8746
@victorromano8746 2 жыл бұрын
Mr. Drake you are basically correct. I worked for Remington Arms Company, Inc. for 27 great years starting in ammunition manufacturing in Bridgeport CT and winding up in Marketing in Wilmington, DE in 1995 with many stops in between. Remington was a wonderful company, a good place to work with solid professional friends and associates. We also had a terrific "smarts" legacy in gun and ammo design with many obvious successes. We had a dominant market position. Throughout the 70's, 80's and 90's we sold firearms on allocation, meaning they were too few made to satisfy total demand. When DuPont decide to sell they had some folks look around for a buyer and it did not have to be an existing manufacturer. In fact they preferred that as they were more afraid of anti-trust charges than selling to another arms company. Instead they sold to a financial company which began the process of leveraging the company. Borrowing $ to line their own pockets at the expense of the company. They took on new "partners", bought unnecessary other companies as investments in "Scale" , further leveraging themselves. Then turned the company over to more investment types and became fully leveraged. This never happened when we were part of DuPont. In the end, lawsuits and greed and the avarice of those who ran Remington forced it into a terminal bankruptcy, a liquidation followed. What was once a great company, with great people, great products and great and supportive customers was taken apart by this turn of events. There are people out there in this country today, living well and beyond their own true worth, living on the backs of a company they killed. Those with whom I worked were never greedy or avaricious. We were proud of Remington and its products. Its the legacy I prefer, not the one judged by the years 1995 to present.
@hezz74
@hezz74 3 жыл бұрын
Sad indeed. I have a 700 VS .220 Swift since the early 90's. Still one of my favourite tools.
@waynemayle865
@waynemayle865 3 жыл бұрын
Have the same one love it
@rkba4923
@rkba4923 3 жыл бұрын
Mine's in 22-250. Half moa at 600 yards with 50gr Accutips off the shelf.
@hezz74
@hezz74 3 жыл бұрын
@@rkba4923 nice one, ridiculously accurate tac drivers.
@playanamedgus2415
@playanamedgus2415 3 жыл бұрын
My grandpa has one, and it's his long range coyote gun.
@henrybraud1156
@henrybraud1156 3 жыл бұрын
I have only one real Remington...a Model 788 in 6mm Remington. I Will keep it until the day I die, then it goes to my grandson.
@myparadiseonbantayanisland9030
@myparadiseonbantayanisland9030 3 жыл бұрын
870 Wingmaster... Great shotgun!!
@bloodgod282
@bloodgod282 3 жыл бұрын
You mean the jam master
@chuckfarley567
@chuckfarley567 3 жыл бұрын
870 marine magnum...
@brycealthoff8092
@brycealthoff8092 3 жыл бұрын
A college buddy has one his dad gave him that was made in the 70’s. The action is one of the slickest I’ve ever handled in a shotgun.
@mightyjimbo7681
@mightyjimbo7681 3 жыл бұрын
If I could only have one weapon, it would be an 870. It does everything.
@jerryrobinson5163
@jerryrobinson5163 3 жыл бұрын
Can't beat a 870 for all purposes.
@robertreisner6119
@robertreisner6119 3 жыл бұрын
When you operate any business you must reinvest into your company. I know this by my personal experience, however government regulations on businesses can do much harm when they over regulate. Thank you Dave, I myself is another from 1963. From the deep south in the far north, America's Warehouse...Alaska.
@7mmalltheway
@7mmalltheway 2 жыл бұрын
I have bought defected three Rem 700s in a row. Even a replaced one was defected. They are now great rifles after I personally machine, trim, polish, and replace the triggers. Wheres other manufacturers such as Savage worked their butt off to catch up with Remington. Remington really deserves it .
@Sackmatters
@Sackmatters 3 жыл бұрын
Rip to my favorite rifle and arms manufacturer.
@bobbyhullfan1077
@bobbyhullfan1077 3 жыл бұрын
My 1100 was made in 1976 and is in great shape. I'm glad I have an old one. And it's a 3" model. My friend bought a newer 1187. It broke. He heard something rattle inside the gun. He shook it and a small piece of sheared metal fell out. I saw this myself. It made me sad, I've been a Remington guy all my life.
@kennethverkest6717
@kennethverkest6717 3 жыл бұрын
They need to move their headquarters out of New York That's what needs to happened
@828enigma6
@828enigma6 3 жыл бұрын
Should have been done long ago.
@rf3495
@rf3495 3 жыл бұрын
@@828enigma6 Sad for Ilion NY. Way to go Govenour Cuomo
@flybouy11
@flybouy11 3 жыл бұрын
A judge in NY allowed the lawsuit to move forward even when a federal law prohibits it.
@james44mag31
@james44mag31 3 жыл бұрын
Liberals are in control of our Judicial Systems! We have a problem!
@ernestomiranda1771
@ernestomiranda1771 3 жыл бұрын
I bet a oshitobama appointment
@vincewetherell8464
@vincewetherell8464 3 жыл бұрын
How unfortunate , my 700 and 870 are my two favorite hunting firearms. There’s newer, cooler stuff out there, but I always figured they would be there as a benchmark, and for future generations.
@robertboreman7672
@robertboreman7672 3 жыл бұрын
Love my older models 700 and 11-87, My new 552 is only so -so. Try and find them now ---
@pystykorva7114
@pystykorva7114 3 жыл бұрын
I have a Remington 700 BDL 30-06 from 1978 and it's my favorite rifle. It's a rifle i'm gonna keep for the rest of my life!
@georgesakellaropoulos8162
@georgesakellaropoulos8162 3 жыл бұрын
I have 3 older Remington firearms. A 700 BDL made in 1972, an 1100 made the same year, and a 742 made in 1959. All well made and have been workhorses.
@pystykorva7114
@pystykorva7114 3 жыл бұрын
@@georgesakellaropoulos8162 They don't make 'em like they used to ;)
@3PercentNeanderthal
@3PercentNeanderthal 3 жыл бұрын
I have the same favortite rifle in 7mm mag of about the same age....it's my favorite as well. She's getting a bit old and nicked up but she's still capable of precision and 390 yard eastern Kentucky elk. Yes, we have elk herds in eastern Kentucky now.
@3PercentNeanderthal
@3PercentNeanderthal 3 жыл бұрын
@@georgesakellaropoulos8162 my dad still uses his dads early 50's Rem model 722 in 257 Roberts every deer season. Its still an awesome little whitetail rifle. It was sad to watch them decline and fade away.
@georgesakellaropoulos8162
@georgesakellaropoulos8162 3 жыл бұрын
@@3PercentNeanderthal where are you located? I have 4 boxes of 100 grain Silvertips that I have no use for.
@TTiger86268
@TTiger86268 3 жыл бұрын
Remington was an extremely GREAT company at 1 time and Hopefully will be again.... Sad to see one time great companies ruined by greed etc...*Cough* NRA
@loboheeler
@loboheeler 3 жыл бұрын
Reminds me of the rape of Cabela's who were forced to sell out by greedy investors who took the money and ran.
@trsgringo
@trsgringo 3 жыл бұрын
@@loboheeler Small hat tribe strikes again.
@keithhartman9946
@keithhartman9946 3 жыл бұрын
There's also been lawsuits regarding the 700 trigger. If I have it right (that could be a big IF) bean counters back in the 50s ignored Mike Walker's advice because they didn't want to spend an extra 47 cents per gun
@TheWolfsnack
@TheWolfsnack 3 жыл бұрын
What pisses me off is that these lawsuits are brought by idiots who depend on a safety, while bouncing about in a pickup truck with a loaded, cocked firearm resting on their foot....muzzle down of course....because of...safety first....
@JoelSzymczyk
@JoelSzymczyk 3 жыл бұрын
the bean counter part is not correct, but what is correct is that the Rem 700 series triggers was among the absolute best trigger ever produced for a sporting rifle, adjustable for sear engagement, overtravel, and pull "weight" but as with anything it requires at least two brain cells working together to use correctly. The manual for my 1969 700 BDL goes into great detail about how to adjust it correctly and SAFELY. The lawsuits from a decade and more ago were the direct result of morons doing stupid things, even though the triggers were adjusted at the factory and sealant was put over the adjustment screws, and in so many words, breaking the sealant voided the warranty and placed the responsibility on the owner. In the current world of "IT'S NOT MY FAULT" obviously that isn't good enough. Give a moron a screw to turn, and he will turn it. The design pre-dates the idea of "idiot-proof" because at the time it was designed, the common ideology was that if you were a f'ing idiot, you deserved what you got.
@meghan7547
@meghan7547 3 жыл бұрын
@Keith Hartman You have it correct, faulty trigger has caused many accidental discharges, some resulting in injuries and others deaths. Point in time it got so bad the Marines quit using them. The original design is flawed, period. The 700 could never compete with the Winchester 70 on safety, never. The 700 is extremely popular because there are so many after market parts for them. Another problem the rifle had was the extractor, not something you want to break in a situation when a follow shot could mean life or death.
@allanchaseling4236
@allanchaseling4236 3 жыл бұрын
@@JoelSzymczyk You mean the nut behind the butt, that includes the complete nutcases that use firearms in the mass shootings that has taken place. I think that responsible firearms users all around the world could well do without all the military style firearms available in the USA.
@jefferytillis8309
@jefferytillis8309 2 жыл бұрын
I will add my two cents here . I have several model 700s and love them. I do however own a 700 mountain rifle in 270 win that had to go back to Remington for repair of the trigger. Brand new rifle taken to the range to site in worked fine. Took it hunting about a month later. Get scope lined up on a deer. Flipped the safety off. Pulled the trigger. Nothing happened. Thought maybe a bad round of ammo. Cycled the action tried again. Trigger did not move. Did not fire. I then put the safety back on and the rifle fired. Took it back to camp. We tested several times unloaded and each time the same result. The rifle only fired once the safety had been placed in the safe position. Sent it back to Remington. They replaced the entire trigger group and returned it with a letter saying the trigger group was corroded. New rifle fresh from the gun store. Never been in rain. Made one trip to the gun range and on the first day of hunting season has a major malfunction. Glad nobody got hurt. Still have the rifle and enjoy hunting with it. I have seen far too many blaming owners. Plain and simple they definitely had trigger issues that were not the fault of the end user.
@waynebenedict4609
@waynebenedict4609 3 жыл бұрын
I went through the Ceribus debacle when they owned Chrysler Corp, non car people running a car company, all about the money. Too bad Remington let it happen to them.
@rufstick1
@rufstick1 3 жыл бұрын
I went through them too. they tried too destroy our pensions from Chrysler. then wrecked Remington. Cerabus is the most worthless, damaging equity investment company in the US. They should be locked up in jail. legal criminals..don't know how.
@hungarianhillbilly4144
@hungarianhillbilly4144 3 жыл бұрын
At the 2018 shot show I asked the sales representative a half dozen questions. He couldn't answer 1 about their products. I asked him how can you come to a trade show and not know anything about firearms? It's the corporate mindset you don't need to know the product you just have to know how to manage people. It bankrupted Remington.
@GCJT1949
@GCJT1949 3 жыл бұрын
Got looted to death by Wall Street Moguls (TM). Geoff Who notes that's what happens when the looters come.
@kirkhilts3996
@kirkhilts3996 3 жыл бұрын
The investment group bilked Remington out of all it's cash, highly leveraged them with debt... New owner has acquired it, and claims he'll restore it to it's former glory, starting with about 200 employees, here in Ilion NY. Remington will resume production, hopefully soon. The new ownership had to wait for their federal firearms licensing.......
@ashleywynn4923
@ashleywynn4923 3 жыл бұрын
Happens to a lot of companies, hedge funds come in, bleed a company dry, and leave after making a ton of money. Companies left in ruins. Hedge funds should be held liable for employees wellfare.
@rwdyeriii
@rwdyeriii 3 жыл бұрын
Needs to move Remington out of NY since that is such a communist state
@kirkhilts3996
@kirkhilts3996 3 жыл бұрын
@@rwdyeriii Agreed to an extent, however, when they did that, is when the quality suffered. There are literally generations of talented gunmakers here. Needs to stay right here, where it's roots are.
@Chicano_pistolero
@Chicano_pistolero 3 жыл бұрын
There s talented gunsmiths in non communist states too. They need to get out if they wanna survive
@louisgiannobile979
@louisgiannobile979 3 жыл бұрын
Get the hell out of NY
@giterdun1864
@giterdun1864 3 жыл бұрын
Remington 270 Ammo 130 grain shoots very accurate. many deer accounted for with it.
@hotrodray6802
@hotrodray6802 3 жыл бұрын
If you ever get to buy anymore....
@lukefoster3550
@lukefoster3550 3 жыл бұрын
They stopped making quality firearms. Triggers, Fit , finish , accuracy, all went into the crapper .
@jerryswope1797
@jerryswope1797 3 жыл бұрын
I had high hopes when I bought a 200th Anniversary Model 700 in 3006 two years ago . I don't know exactly what was wrong with it but it kicked so bad 5 shots and you'd be black and blue . It showed horrid pressure signs with all factory loads and any brand of ammo. I finally got them to refund my money and take it back .
@davejensen8882
@davejensen8882 3 жыл бұрын
Actually, that is not completely true. The 783 is or was a fantastic rifle. It really is a somewhat modified Marlin X-7. It is a cheap gun but probably the best of the cheap guns. I have Savage, long known for accuracy, besides the 783 and the 783 is the most accurate gun. I also have a Ruger rifle and the 783 is more accurate at quite a bit less money. It is more accurate than the Model 700 in most instances as well.
@lukefoster3550
@lukefoster3550 3 жыл бұрын
@@davejensen8882 all you have to do is look at the terrible cheap blueing and feel the roughness of the actions on the newer 700 and 870 compared to the earlier ones . I’d say best cheap rifle is Mauser m18 mine was 424 from eurooptic and has nice trigger , action and shoots constantly 5/8 s moa . Only other cheap rifles I own and can speak for are ruger American go wild and it’s super accurate but has been sent back to ruger for feeding issues twice . They fixed it by taking a poor fit bolt and dremel tooling some on it . Fixed the feeding issue but looks like shit . Also own a howa 1500 lightening rifle and it shoots moa accuracy and has never failed to feed . It’s action is slick and was only 300 bucks . But I would take the Mauser or howa over the axis , ruger American, or any of the newer Remington rifles . I have a 700 bdl made in 2015 and it does not compare fit , finish , trigger, accuracy, to the same rifle I have built in 1976. I don’t usually get super expensive rifles but I’d rather pay the extra over the cheap ones and buy cz and tikka . They are my favorite rifles I own . I reload and shoot quite a bit some of my friends have the rifles you mentioned the axis , 788 , 770 and such . I guess they might be ok for someone but I sure don’t want one .
@shawnwells5719
@shawnwells5719 3 жыл бұрын
@@davejensen8882 It is completely true. Their quality disappeared in the late 1990s. I bought a 700 ADL in 1996, one of my best rifles, but it's the last Remington I ever bought. I won a 700 XCR in a raffle in 2008 - complete piece of crap. $1,000 MSRP rifle and I had to replace the trigger to make it usable. Bought Weatherby Vanguards and Savage 10/110s instead.
@patricksmith5656
@patricksmith5656 3 жыл бұрын
Thanks for the update, you’re videos are always good, keep it up.
@drdrake63
@drdrake63 3 жыл бұрын
Thank you I appreciate you watching
@cracky_wainwright
@cracky_wainwright 3 жыл бұрын
Good and accurate video. I miss most Remington 1100 shotguns with beautiful wood and a high quality finish that we could purchase in the 70s, 80s, and early 90s. It's sad what became of Remington.
@hoosierplowboy5299
@hoosierplowboy5299 3 жыл бұрын
Harkening back to my 1972 Business Management class... the two main reasons businesses fail is lack of capital and poor management. Remington, in spades...
@drdrake63
@drdrake63 3 жыл бұрын
Business 101!
@mikewerden4056
@mikewerden4056 3 жыл бұрын
Bought a 870 Wingmaster with 2 barrels in 1974 for $134. Thousands of rounds through it. Still my do everything shotgun.
@markadams7597
@markadams7597 3 жыл бұрын
Today, March1st, 2021: Thank goodness, CZ has purchased Colt. And, Marlin went to Ruger. Wish Remington would have landed with a gun group. Great vid, Ty.
@rkow8508
@rkow8508 3 жыл бұрын
CZ will make a Colt worth the money hopefully less expensive.
@russellallen9648
@russellallen9648 3 жыл бұрын
Damn shame...Im a huge remington fan!
@bowiebowie3624
@bowiebowie3624 3 жыл бұрын
Need you back Remington we need you back bad bring back Remington bring back Remington and don't forget the 308 caliber rifle rounds and 45 long colts
@Lees920
@Lees920 2 жыл бұрын
I'm a long-time fan of Remington firearms and ammo since the early 1950's. I own several of their guns and still have a bunch of their ammo. I'm really concerned about the most recent lawsuit that I heard about... $70 million that Remington lost. Is that so? if that's true, will they be able to come back? I know Federal owns them now but WTF is going to happen now?
@rampantcolt1684
@rampantcolt1684 3 жыл бұрын
Hopefully they bring back the classic .22's, the 552 (semi) and 572 (pump), both in BDL. Hard to beat a quality built .22 rifle for tin cans and varmints in the garden!
@hurricaneaquatics
@hurricaneaquatics Жыл бұрын
I was working at Remington and involved in the Cerberus Group deal. I know a lot about what happened and the other items they haven't said. They'll come back.
@MarkSmith-js2pu
@MarkSmith-js2pu 3 жыл бұрын
Just because of this, I’m going to pull out my 1100 shotgun and admire how she looks, and how many hours and rounds I put thru her with any even of my reloads. I think I have a winner.🇺🇸
@eddiemuldoon7240
@eddiemuldoon7240 3 жыл бұрын
I only own one Remington. It's a model 721 in 30 06 made in 1947 and I love it. It's sad to see an icon run into the ground as badly as Remington was.
@yostie442
@yostie442 3 жыл бұрын
Remington is still in business they called back the most seniority employees at illion NY after the new company who had bought them and are to resume firearm manufacturing with the recently bankrupt sale of the different parts of Remington Vista a.k.a. federal ammunition owns Remington‘s name so that is yet to be seen as to what the new firearms at Illion NY will be named but I’m guessing it’ll be something like the Winchester Olin group corporation
@SaltySouthTexan
@SaltySouthTexan 3 жыл бұрын
Remington ammunition is back in business, firearms manufacturer is defunct.
@Hudge76
@Hudge76 3 жыл бұрын
South Texas, the investment firm that bought the firearms manufacturer part, recently got their FFL and claim they are starting production up agin this spring. We shall see how they do. Hopefully they can get their quality control under control and not put out so much junk like they have the past few years.
@Vuntermonkey
@Vuntermonkey 3 жыл бұрын
@@SaltySouthTexan thanks for the info.
@johnniewalters9470
@johnniewalters9470 3 жыл бұрын
I think it will be something other than firearms because the state will not give them a vendors license!
@jdoxtader54
@jdoxtader54 3 жыл бұрын
No they did not call back the most senior people. I don't know where you got your information from but you are wrong. There was no rhyme or reason on the call backs. You would think they called people back based on experience but that didn't happen either otherwise myself and the rest of the Senior Repair people who work on every model ever produced there would have been called back and none of us were. Besides no one is working back there yet.
@kbjerke
@kbjerke 3 жыл бұрын
Damn. Glad I bought my 870 more than 20 years ago... Thanks for the video, David!
@jimc6144
@jimc6144 3 жыл бұрын
Just another sign of the times😪
@trsgringo
@trsgringo 3 жыл бұрын
Just another sign of the small hat tribe.
@Whistlin10Speed
@Whistlin10Speed 3 жыл бұрын
Everyone in North Alabama was excited when they got here, now not so much. My Remington 783 does have “Huntsville, AL” stamped on the barrel which is cool to have your hometown on a rifle. But I am disappointed for sure and hope they figure it out in the future.
@bluesman7475
@bluesman7475 3 жыл бұрын
I would not want my home town name on a 2000+ made Remington. The product was way inferior to one made in the 1950' to 1980.
@Whistlin10Speed
@Whistlin10Speed 3 жыл бұрын
@@bluesman7475 It’s just something neat to have man, nothing special just cool to have your hometown stamped on the first rifle you ever bought
@chrisreetz4117
@chrisreetz4117 3 жыл бұрын
Every rifle and shotgun I owned was a Remington till two years ago bought a new V3 semi-auto shotgun had massive problems customer service was horrible sad to say it would take a lot to get me to buy another Remington
@reddawng43x91
@reddawng43x91 3 жыл бұрын
Whew I almost baught the v3 last year!
@jamesireland6606
@jamesireland6606 3 жыл бұрын
Unfortunately the last to Remington's I bought had problems they got fixed and everything is fine but still
@jamesireland6606
@jamesireland6606 3 жыл бұрын
Unfortunately the last to Remington's I bought had problems they got fixed and everything is fine but still
@rf3495
@rf3495 3 жыл бұрын
Same thing happened to Fender guitars in the 70s. But they reverted back
@bbrad628
@bbrad628 3 жыл бұрын
I guess I was lucky in May 2020 to buy one of the last Remington 870’s.
@eaglethehulk8539
@eaglethehulk8539 3 жыл бұрын
Haha, I would replace the mim extractor and plastic follower right off. If it has one.
@bbrad628
@bbrad628 3 жыл бұрын
I have a second 870 from early 1980’s. I’ve never had an issue with the OEM extractor or follower and believe for the most part others don’t either. Not worried about it on the new gun either. If anything breaks, there will be aftermarket replacements around for a long time even if Remington doesn’t make a comeback.
@joehinojosa8314
@joehinojosa8314 3 жыл бұрын
She's a CLASSIC. The 870
@hotrodray6802
@hotrodray6802 3 жыл бұрын
Rudyard. There are almost NO parts for most anything available today. The last 12 yrs people are hoarding there worn out guns and none are hitting the parts market. Just look how many gun smiths have closed.
@joehinojosa8314
@joehinojosa8314 3 жыл бұрын
@@hotrodray6802 ANTI GUN LOBBY KILLING US DEATH BY A 1000 CUTS.
@markwhite6782
@markwhite6782 3 жыл бұрын
Sir, you did your homework because you are spot on.
@randymason9121
@randymason9121 3 жыл бұрын
I was in a gun store and had a mild disagreement about Remington,I said generally the same thing ,that a company with this history that generally goes down in flames is being mismanaged and this is the end product,he blamed everything on the lawsuits and I called bullshit on that one,the manufacturing in Bama and the union play also might had something to do with it and from what I’ve seen of pics there facilities looked from the 1920s,in the historic last 20 years of gun sales along with ammo demand and you fail it’s your own fault....pew pew.....
@jesspeoples3292
@jesspeoples3292 3 жыл бұрын
I bought a 870 last spring. Great shotgun. First shotgun I ever own.
@lewisfrazier3506
@lewisfrazier3506 3 жыл бұрын
I was told Remington let Walmart have 7 or 8 truckloads of guns without paying for them DUH!!!
@hotrodray6802
@hotrodray6802 3 жыл бұрын
Fake news
@linaleahgarcia1516
@linaleahgarcia1516 3 жыл бұрын
Well, I got my 2nd gen Rem 700 5-R so I'm gtg as far as Remington goes. Everything else is Savage and Winchester in both classic and modern gens. Even have a 303 British that hunts just as good as my .270 and .30-06 cals. Just get what you want/can and keep it moving.
@sheepdog1102
@sheepdog1102 3 жыл бұрын
So greed isn’t a good thing after all!
@LostMyMojo100
@LostMyMojo100 3 жыл бұрын
I guess it is if you are a suit.... Everyone else? No...
@richardbriscoe8563
@richardbriscoe8563 3 жыл бұрын
Greed plus incompetence isn’t a good combination.
@jbloun911
@jbloun911 3 жыл бұрын
Fleecing & liquidation of America rolls on!!!
@tomlawrence3991
@tomlawrence3991 3 жыл бұрын
What sucks is the military used to have a massive plant making their own ammo But politicians
@kmcattle6497
@kmcattle6497 3 жыл бұрын
They have had a lot of recall issues on their bolt actions since the 50’s too. Fire when you close the bolt.
@wesleyhjelmeland8470
@wesleyhjelmeland8470 3 жыл бұрын
Ya and don't buy any remaining stock, like from Cabelas, no warranty and product is shit.
@chrisanderson1077
@chrisanderson1077 3 жыл бұрын
I was at Cabela’s last weekend looking around at the empty ammo shelves and noticed several brand new 870s in the “used” section all with $499 price tags on them.
@pdxflint
@pdxflint 3 жыл бұрын
Smith & Wesson still making firearms in the USA, as now Walther is for some of their handguns. But, point taken... the glory days are long gone when bean counters take over. Don't forget the problems Remington had with the 700 series rifles unintended discharges due to a design flaw they failed to acknowledge for years.
@josephruiz7233
@josephruiz7233 3 жыл бұрын
The lawsuits involving those 700 Trigger designs are the lawsuits that Remington lost.
@treece1
@treece1 3 жыл бұрын
I needed a new bolt for my 700. I went to Walmart and bought the last one they had cuz I knew they quit six months ago.
@hotrodray6802
@hotrodray6802 3 жыл бұрын
Right. Youll never get a part from the gun network.
@LibertyNotLicense
@LibertyNotLicense 3 жыл бұрын
Fusion Firearms, Venice Florida. Hand made 1911's at automated production line prices. Some others in Florida alone: Heritage Manufacturing, Kel-Tec, Taurus Int. (Miami), Diamondback, SCCY, Spikes...
@TOMASH0925
@TOMASH0925 3 жыл бұрын
Well when a 100 different manufactures make the Remington 700 action better then Remington what do you expect
@Hardwoods2020
@Hardwoods2020 3 жыл бұрын
I believe you overlooked something in your statement which seems to be lost when people are dumping on Remington. Just to be clear, the 700 design is rock solid and that's why you have so many manufacturers copying it.
@TOMASH0925
@TOMASH0925 3 жыл бұрын
@@Hardwoods2020 the action is rock solid remingtons have just went to junk over the years. They rust like crazy, stocks are junk, actions aren’t very good and their triggers suck.
@montanamountainmen6104
@montanamountainmen6104 3 жыл бұрын
I have 2 Remington 700's , one a 1970 7 Rem Mag BDL Custom and a 700 " Classic" made 1980 in 7x57, I also have a Remington Model 1100 shotgun and a 1980's 870 pump.....All are great firearms , sad Remington went side ways.........sad.
@maxpinson5002
@maxpinson5002 3 жыл бұрын
Seen it happen before in pretty much every industry. The management comes in that has the business degrees and the paper on the wall, but they don't have a clue about the product or the customer base. They're there to get their salary and bonuses and perks. They make major changes that make no sense so if everything goes to the good, they can turn around and say " This great thing happened because of the practices that I put in place. . ." If things don't work out, they take their sign on bonus and what money they made and their severance and head to the Bahamas for 2 months. Used to be that workers with an affinity for the job and the most experience and qualifications got the job, but that's not true anymore. Go to any company or retail store and chances are great that there'll be somebody waiting on you that shouldn't have the job they do
@james44mag31
@james44mag31 3 жыл бұрын
Affirmative action has been the downfall of this country! Call Jim Beam distillery and see who's answering! Jack Daniels has also had to do some so-called diversity hiring! Trouble will follow!
@LavitosExodius
@LavitosExodius 3 жыл бұрын
870's are coming back on it's historic production line. Believe they said March. Outside that besides Ruger and Henry believe Smith and Wesson also still makes guns in the US.
@rpap5322
@rpap5322 3 жыл бұрын
I think a lot of these companies change hands for tax purposes and law suits.. as long as the quality control stays in.... nothing should change but the name on paper work...quality is the big question.
@mcbridecreek
@mcbridecreek 3 жыл бұрын
Winchester fell apart starting in 1964 when they stopped making the model 12 and changed the model 70 to push feed. Remingtons 870 was the cause behind the model 12 being replaced by the model 1200. Sad to see great quality companies like Winchester and Remington being lost.
@jbloun911
@jbloun911 3 жыл бұрын
The ole saying... Samuel Colt made great Revolvers, unfortunately Sams been deceased since 1862.
@ahoksbergen
@ahoksbergen 3 жыл бұрын
here's why. if u want something to go away. ya send someone in to run it into the ground.
@williambeatty2675
@williambeatty2675 2 жыл бұрын
That made my chance of ever getting a slug barrel for my 887 slim to none I always been a Mossberg Guy but I bought this Remington a while back and I just love the gun I also own a Rem 380 pistol.
@ghostmost2614
@ghostmost2614 3 жыл бұрын
Hey, there's a huge demand for ammo. Let's make 7 types of each caliber.
@carygray9831
@carygray9831 9 ай бұрын
I have a rem 24 from the 30s complete with shell deflector that is as they say a “tack driver”
@schinderiapraemeturus6239
@schinderiapraemeturus6239 3 жыл бұрын
Gents, ask yourself why, when record profits are possible due to an unprecedented demand for ammo and primers, the new managers can't seem to have the wisdom to invest in increased production capacity? Remington would thrive if they dropped everything else and just made ammo,. all shareholders making $$. something more is afoot here, more geo-political.
@charleyfolkes
@charleyfolkes 3 жыл бұрын
Thanks for the nice understandable report ! I always read these long drawn out stories about the law change that allowed suit that destroyed them.
@sammy2840
@sammy2840 3 жыл бұрын
Sold my dad’s 1,100 years ago. Would be close to 100 years old! Wish I had it now!
@RIPPER334
@RIPPER334 3 жыл бұрын
...close to 57 years old IF it were bought the first year it was offered. The 1100 wasn't introduced until 1963.
@russphoto
@russphoto 3 жыл бұрын
You NEVER sale a firearm, never.
@kevinrollman3101
@kevinrollman3101 3 жыл бұрын
My 2019 Remington made 1895 Marlin Cowboy action model is wonderful!!
@georgehight8449
@georgehight8449 3 жыл бұрын
I live ten miles from the Remington plant in ilion that by the way is pronounced ILL E On . They didn’t pay their bills and were building crap and living off the name .
@markmannix345
@markmannix345 3 жыл бұрын
Can only hope they figure it out
@ronniefranks4351
@ronniefranks4351 3 жыл бұрын
Sad. I bought a Remington 1100 20 gauge shotgun a couple of years ago. It was beautiful. From day one, it jammed every time it was fired. I sent it back to Huntsville once and to the main factory once. Each time I got it back, it was exactly the same. One shot, jam. One shot, jam. I requested a refund and Remington cut me a check for the purchase price. Hmmm, they’ve only been building the 1100 for about fifty years. How could they screw that up?
@TheChrisgralnic
@TheChrisgralnic 3 жыл бұрын
I’m glad CZ bought Colt. Lots of switching around going on.
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