It appears Remington is going to file for bankruptcy…
Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, has reached out to banks and credit investment funds in search of financing that will allow it to file for bankruptcy, people familiar with the matter said on Thursday.
Full article HERE, at Reuters.
First Colt, now Remington, who’s next??? Mossberg?
Commonalities are they were formerly successful in the Northeast, but now… Not so much… Mossberg, Ruger, and others have already moved ‘most’ of their operations to more gun friendly states.
Is this the ‘new’ way to get gun control? Run all the manufacturers out of business???