Remington Auctioned Off

From Bloomberg News: Remington Auctioned Off to Seven Bidders in Bankruptcy Court.

The business is being carved up as follows:

  • Vista Outdoor Inc. for its Lonoke ammunitions business and certain IP assets
  • Roundhill Group LLC for its non-Marlin firearms business
  • Sierra Bullets LLC for its Barnes ammunitions business
  • Sturm, Ruger, & Co. for its Marlin firearms business
  • JJE Capital Holdings LLC for DPMS, H&R, Stormlake, AAC and Parker brands
  • Franklin Armory Holdings Inc. for Bushmaster brand and some related assets
  • Sportsman’s Warehouse Inc. for Tapco brands

Vista Outdoor is the owner of Federal Ammunition, so a logical buyer for the Lonoke, Arkansas plant.  I don’t know who Roundhill Group is, but it looks like they’ll be selling the Remington rifles and shotguns going forward.  And Sturm, Ruger will pick up the Marlin brand.

10 Tips on Successful Firearm Maintenance for New Owners

From the CSSA e-newsletter I learn of this useful web page:

10 Tips on Successful Firearm Maintenance for New Owners

“Cleaning your firearms isn’t the most exciting of tasks, but it’s necessary to keep your gun performing at its best. “

If you’re an experienced gun owner, there’s probably little there that’s new to you, but if you’re just starting out, give it a read.