The Freedom Group seems to have the reverse midas touch

Equity investments, especially those of nature, often fail.

If you're an anti gun liberal whatever, its not a coherent strategy to invest in a company to lose your money, especially intentionally.

Occam's razor says its better to assume incompetence and greed than conspiracy.
 
Having said that, the recent pistol fiasco has been pretty offputting to me. There's no reason to put that messed up of a product out to market.
 
Well this really SUCKS!

I was not aware that Remington took over the Handi-Rifle line as well. I knew about the Marlin and Bushmaster debacle.. What a shame...

I live only about 1 hr from Ilion and as an upstate NYer, it is sad to see my fellow citizens put out of good jobs thanks to an aggressive anti-2nd agenda my state is pushing. And that is EXACTLY why it's happening, I don't care what anyone says!

I have an older 700 ADL, nothing fancy or special..but it is a tack driver and has put alot of deer meat in our freezer. It has been utterly reliable, a great little workhorse that does what I need it to do with more precision than I can contribute to as the human factor. Such a shame to see the downfall of a company that used to make such good products. I hope the move to AL spurs a rebirth of quality in Remington similar to the how it has gone for Winchester and FN in SC....

I was looking into getting a 22/410 Handi-Rifle combo for my 10 year old son for Christmas this year... I guess that's out now. :(
 
I tried to Google up information about what the OP referred to, but didn't find anything. Can anybody kindly tell us what segment of Remington will be impacted? I have quit on Remington firearms, but still use their primers and brass. Is the components part of the corporation going to go defunct or will it continue business as usual?

Thanks!
 
To understand what is happening to Freedom Group (or whatever they call themselves these days) one needs only to look at other large corporations that have failed or are currently failing. International Harvester and Chrysler in the 80's, GM and Chrysler 2008/2009, Sear/Kmart and possibly Colt at the present time... All caused by mismanagement and greed.
 
Part of the problem is that the Ilion, NY facility is more or less closed right now...
and all the rifles that were being made there, aren't being made until the move is completed...
everything is being packed off to Alabama, since NY peeved off all the gun MFR's with the SAFE ACT.

Hey New Yuck!! Watch as MONEY moves out of your state as fast as it can!!

Remington broke ground in Alabama recently and sent a message to NY state,
it is available if you google it...basically gave NY the Finger due to the SAFE Act.

You Yankee's better start paying attention to who you elect.
If they aren't heavily Pro-Gun, don't elect 'em.
Do the world a favor, push Bloomberg off a cliff too ;)
 
It's widely known that gun companies in the past continued to make products that never made any money. For instance, the Winchester model 52 cost more to make than what it sold for. That may have been good advertising, but not a good long-term strategy.

IMHO, today's gun conglomerates tend to go the other way, stopping production on guns that don't make huge profits for them. They may be short-sighted, however; stopping production on beginner .22s and other inexpensive models can prevent people from a good learning experience.

We all didn't start our shooting sport by buying expensive rifles. Most of us got hand-me-down, or new less-expensive rifles that were not only inexpensive, but shot quite accurately. We traded up as time passed and bought better and better guns. Without those first opportunities, the industry could eventually fail.

I guess people today are more interested in self-protection than in shooting as a recreational activity, but after someone buys a gun to protect themselves, they may never buy another, so the long-term profitability of the gun industry could be in trouble.
 
If the Handi Rifle is indeed discontinued, I know of at least one company jumping for joy. CVA. Maybe T/C a little as well but the Encore and Contender are a definite step up from the Handi
 
If CVA can get their act together, there is a vast market for their "hunter" and "scout" line of single shot rifles. I consider them superior to Handi at a better price.

A fair comparison of rifles is Handi at $275 to the CVA hunter at $235. The hunter comes with scope mounts, a synthetic stock with nice cheekpiece and recoil pad, and a fluted Bergera barrel. However, CVA can't get it's act together and actually move their rifles to retailers. If they could manufacture a hundred thousand in 30-30, 30-40 and 45-70 they would sell in a trice to handi owners who want a decent rifle in these rimmed calibers that are single shot friendly WITH twists that are cast bullet friendly.

Sad to see H&R go down the tubes. Had you called their customer service a year ago, you would know that they were in trouble.

Come to think of it, CVA customer service could use some smarter people answering the phones too.
 
CVA "get their act together"? They have never had it together. I doubt they will get it together now.;) I think their problem is they try to import too many parts from too many sources. They end up putting together a piece of junk from a design that should be solid.
 
H&R had its doors closed up once before so I'm sure we all knew it would happen again. I haven't owned a very new one of their guns but I do own an NEF and it's probably between 5-15 years old, I'm not sure. Shoots great though, it's a cheaper model with a plastic stock. I own a .410 from the '30s and it's an excellent gun. My dad owns a NEF with a wood stock and that gun had a nice stock, fit and finish is great, and it's decently accurate. Actually the nicest gun I've shot and I've shot a few. I do like the simplicity, the lightness, and shortness of these guns. For the guys saying they have always been junk, what are you comparing them to? Me and Dad paid $200 each used for ours at a gun store. If they had been your typical bolt or lever gun we'd paid over double that for a used rifle. Anyways, another thing to ponder is they just didn't make break action single shots, they made bolt and auto rifles and pump shot guns. I'm not talking about the cheap knock off guns they are importing either. They had a line of self defense handguns and target .22s. They also had a fancy shotgun, I believe imported from Austria. They had the Reising rifles too, anyone else knew they produced full auto .45 ACP rifles? So just don't think they only had break action single shots, at one time their selection was large.
With all of that being said I do like their single shots and I'd like to see more people appreciate the simpler things. I do have a few guns myself but I like single shots the most, you don't need an untra expensive gun.
 
Truly is a shame what is happening with Freedom Group.

Some of the companies in the list were really top notch companies at one point. Look for cost savings in your increased raw materials and other supplies buying power, not skimping on QC or putting quality products out the door.
 
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