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Posted

Seen this coming a very very long time ago.

Do some digging into these two companies, one is a shell for a billionaire gun grabber

In 2006 it was sold for $70 million to Cerberus Capital Management (the parent owner of Remington). The company became part of what was then called the Freedom Group.

Posted (edited)

Everyone assumed this was the endgame soon as freedom group happened.  Really surprised it took so long.  I just assumed they were hoping to corner the market before they dropped the hammer. Jokes on them since the 2008 and 2012 gunpocalypse had the opposite effect and cause a huge surge in AR manufacturers.  Losing the giants like colt/dpms/bushmaster wont have too much impact. Might raise prices for a while until someone picks up the demand. 

Edited by blue109
Posted
4 hours ago, Magwa said:

 eff em... bowing to pressure or bought off

Or, they're not making any money on ARs.  Too many smaller, better companies out there, brother.

Posted (edited)
5 hours ago, Magwa said:

This sucks big time and I will never own any Remington from this day forward eff em... bowing to pressure or bought off

Remington had nothing to do with it, the owner of Remington dosen't care about gun or bullets nope just a boardroom and the bottom line.

California School teachers union absolutely RUINED the Timken roller bearing company, RUINED it.

I can't blame Timmy and Jane Timken,nope bottom line boardroom.

My grandfather worked there for 52 year's as did most of our family.

Edited by Ravenworks
Posted

I am sorry but it just does not pass the smell test with me after all the bad press DPMS and Bushmaster has gotten over shootings something just smells bad probably me I will check my deodorant!

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