Mountain of debt ... high interest and Sandy Hook litigation ... :-(
How TF can a company that makes ammunition and one of the two most popular affordable defensive shotguns be bankrupt at a time like this?
How TF can a company that makes ammunition and one of the two most popular affordable defensive shotguns be bankrupt at a time like this?
. When people who don't know the gun business own the company and put people in charge of production with no experience in the products this is what happens.
It just seems like, given the current climate and knowing it is going to be like this until November, somebody would give them a loan to fire up the 18" 870 and 9mm ammo production lines...knowing that they would sell everything they made for almost double what they did last year.
Town built on guns ponders future after Remington plant sale
https://news.yahoo.com/amphtml/town-built-guns-ponders-future-134516738.html
Add in the fact that some of the best weapons they ever made are now widely available on the used market and well, there's little need to buy a new Remington arm anymore.
Fixed it for you.You can't run a successful firearms business these days with Union employees and a gov't that will allow frivolous lawsuits against you.