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Author Topic: Remington bought Dakota Arms  (Read 739 times)

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Offline quickdtoo

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Remington bought Dakota Arms
« on: June 07, 2009, 06:06:19 AM »
Remington's latest acquisition, Dakota Arms!!!

http://www.remington.com/library/press/2009/corporate/2009-2.asp

And to make it Handi relevent...  http://www.gun-tests.com/performance/feb97money.html

Tim
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Offline snakeman

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Re: Remington bought Dakota Arms
« Reply #1 on: June 07, 2009, 06:34:09 AM »
Looks like Remington is slowly taking over the gun world. Thanks for sharing that aticle Tim. I have read it before but it was some time ago.


snakeman
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Offline Sourdough

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Re: Remington bought Dakota Arms
« Reply #2 on: June 07, 2009, 06:36:20 AM »
Since Remington is owned by a larger corperate group, are they going to be looking out for the best interest of Remington?

Now what happens if Remington fails?  It's like all our eggs in one basket. 

Do you think the government will give them a bail out?



Conspiracy theory:  Large corporation, at government urging buys all gun makers.  They undercut and run the rest out of business.  Then one day they shut down all gun making operations.
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Offline snakeman

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Re: Remington bought Dakota Arms
« Reply #3 on: June 07, 2009, 06:41:38 AM »
If Remington fails I say that all of us on the forum here buy H&R.  ;D


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Offline quickdtoo

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Re: Remington bought Dakota Arms
« Reply #4 on: June 07, 2009, 09:07:41 AM »
Quote from: Sourdough on June 07, 2009, 06:36:20 AM
Conspiracy theory:  Large corporation, at government urging buys all gun makers.  They undercut and run the rest out of business.  Then one day they shut down all gun making operations.

Let's hope not, Steve Fienberg IS a hunter afterall, at least he's not anti-gun.  ;)

Tim

http://en.wikipedia.org/wiki/Steve_Feinberg
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Offline blind ear

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Re: Remington bought Dakota Arms
« Reply #5 on: June 07, 2009, 09:38:06 AM »
Hope the small independent gun makers west of the river make it. Just need some powder and primer makers are over there. Future prognosticators of the 60's & 70's in magazines like "Mother Earth News" and others said the US would be 5 or 6 different countries after it's demise as the world power. Gets scarey if you take it far enough. eddie
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Offline Singleshotsam

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Re: Remington bought Dakota Arms
« Reply #6 on: June 07, 2009, 03:56:58 PM »
Good thing Remington doesn't own Savage......yet ;D
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Offline billy_56081

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Re: Remington bought Dakota Arms
« Reply #7 on: June 07, 2009, 04:03:21 PM »
Quote from: Singleshotsam on June 07, 2009, 03:56:58 PM
Good thing Remington doesn't own Savage......yet ;D

Then Remington would have the most accurate single shot and Bolt action rifle. The Handi and the 110.
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Offline JonnyC

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ANOTHER SIGN OF THE TIMES
« Reply #8 on: June 07, 2009, 08:48:21 PM »
Madison, NC – Remington Arms Company, Inc. through its fully owned subsidiary DA Acquisitions LLC has entered into a purchase agreement to acquire certain assets of Dakota Arms, LLC including the Dakota, Miller Arms, Dan Walter and Nesika Bay Precision brands. The transaction closed on June 5, 2009.

Established in 1982 and headquartered in Sturgis, South Dakota, Dakota Arms is the leading manufacturer of custom and semi-custom rifles for the sporting markets. The Dakota product lines are universally recognized for outstanding quality, design, accuracy and aesthetic appeal. The Dakota brands include Nesika, Miller Arms and Dan Walter. Nesika Bay Precision actions and rifles renowned for their exceptional accuracy; Miller Arms is known for the reliability and performance of its single-shot actions and custom rifles; and Dan Walter Cases are regarded as the premier travel and display cases for shotguns and rifles. Dakota Arms is strongly anchored in the Black Hills of South Dakota and currently employs 35 people.
"I am pleased to announce that Dakota Arms is joining Remington and the Freedom Group of companies,” stated Ted Torbeck, CEO Remington Arms Company, Inc. and Freedom Group Inc. “Dakota Arms is an icon within the industry and its fine products exemplify quality, craftsmanship and attention to detail. Dakota is the perfect compliment to our industry leading family of brands. We look forward to continue to develop and expand the Dakota brand and thank all its employees for their continued dedication and success of Dakota Arms.”
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Offline PHATINJUN

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Re: ANOTHER SIGN OF THE TIMES
« Reply #9 on: June 07, 2009, 11:31:45 PM »
Guess I didn't realize DA was that big a player will be interesting how Remington fits them in.Kurt
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