Author Topic: Marlin/NEF H & R sold?? (Read 6996 times)

just bill · « **Reply #30 on:** December 26, 2007, 04:52:44 PM »

My 2 cents..........the glass is half full rather than empty. Key management "do'ers" will stay. Dead weight management will be gone. Money will be available to invest that may not have been there. The company will still be run as a seperate division, simular to on its own but with the finacial backing needed to invest,upgrade,improve & create.

If anything the overseas Remington, outsourced break action single shots will now be manufactured in house at the NEF plant. Likely a upgraded handi rifle with the Remington name.

Personally, the one thing I hope they do with the Handis is finish milling the stock to proper proportions regardless pallet wood, laminate,etc. Its like they are cut with a chain saw now,,,,,,,,but never finished the ruff cut out to proper size.

holahead · « **Reply #31 on:** December 26, 2007, 04:58:30 PM »

I just hope this does not mess with the plans for the new 7mag coming out. I have been excited about this ever since I read about it here. I will be getting one as soon as they hit the market if they still make one.

Busta · « **Reply #32 on:** December 26, 2007, 06:54:18 PM »

Cerberus = 3 headed dog that guarded the gates of Hades. Mythologically speaking of course. Go down and read the Notable acquisitions, and add Marlin/H&R/NEF to the list.

http://en.wikipedia.org/wiki/Cerberus_Capital_Management

trotterlg · « **Reply #33 on:** December 26, 2007, 08:50:38 PM »

An investment company buys a company for............................................well......................an investment. It will try to make money from this. It clearly thinks that either it can run the company more efficiently or it can sell off the parts for more than it paid. One thing for sure, you can bet your paycheck on it, things will be different at NEF from now on. Larry

Cookiemann · « **Reply #34 on:** December 26, 2007, 09:59:40 PM »

For now, I choose to be an optomist. We have long wondered if N&R/NEF would ever get it together and start making improvements on the fit and finish of their firearms. Maybe this will come to pass. Stocks, as was mentioned before, and maybe LOOSE the need to send in your action to have a barrel FITTED. The changes ain't gonna please everyone, but SOME CHANGE can be a good thing. One thing for sure and certain....THINGS WILL CHANGE! Only time will tell if the changes for good will out weigh the bad ones. So, for now, I will be optomistic.

cookiemann

We, the members of this forum, now have an obligation to preserve the knowlege base that we have built about these firearms. Worst case scenario, we will become the authority on these firearms.

Swampman · « **Reply #35 on:** December 27, 2007, 02:35:17 AM »

"Do you think they would scrap the Chinese 870?"

I sure hope so, along with the other foreign made junk currently being imported by Remington.

I love Remington, NEF, Marlin, and Bushmaster firearms. They are the best of their niche.

It's all good!

Maybe someone will buy Ruger and their centerfire longgun accuracy will improve to an acceptable level.

fernie · « **Reply #36 on:** December 27, 2007, 03:20:48 AM »

I can only ever infer corporate motives - so it's best that I don't waste my time going there.

What I do know is that they now own the rights to a fine, economical, single-shot frame, marketed nationally by Wal-Mart...

...and they own the patents to a fine, specialized lever-gun (along with the psychological association of specialized calibers for these guns).

Don't know how YOU'RE fixed, but I wouldn't have minded if some of THESE stocks/bonds had shown up in MY Christmas stocking this year?!

doc

(p.s. perhaps they'll be giving away Remingtons as an introductory incentive to buy a Handi?! ...I'm sorry, that's not kind...I apologize)

30-06man · « **Reply #37 on:** December 27, 2007, 03:21:43 AM »

Quote from: Swampman on December 27, 2007, 02:35:17 AM

Maybe someone will buy Ruger and their centerfire longgun accuracy will improve to an acceptable level.

NOOOOOOOOO!!!!!!! They are already improving. They don't need help.

PartsMan · « **Reply #38 on:** December 27, 2007, 04:42:28 AM »

This is probably bad for the Marlin bolt action rifle.

Swampman · « **Reply #39 on:** December 27, 2007, 05:03:12 AM »

As much as I like Marlins, the Marlin bolt gun made little sense.

quickdtoo · « **Reply #40 on:** December 27, 2007, 05:05:48 AM »

Here's some news specific to H&R...

http://wbjournal.com/j/index.php?option=com_content&task=view&id=3055&Itemid=129

Gardner Firearm Manufacturer Sold
Written by Christina Davis
Thursday, 27 December 2007
The parent company of a gun manufacturer in Gardner is expected to be bought by North Carolina-based Remington Arms Co. Inc.

Remington has entered into a definitive agreement to buy Marlin Firearms Co. Inc. of North Haven, Conn., for an undisclosed sum. Marlin, a family-owned business, owns H&R 1871 Inc. in Gardner, which employs about 230 people.

H&R (Harrington and Richardson) was founded in the 1871, and at one time had a plant in Worcester. According to past news reports, the company was bought by James O. Garrison in 1991, who then sold the company to Marlin in 2000 citing mounting legal bills from class action handgun lawsuits.

Greater Gardner Chamber of Commerce President Michael Ellis said he does not expect the purchase to hurt H&R.

"As a subsidiary of Marlin they have done better than Marlin," he said. "They have had better earnings and better profits. So my feeling is that H&R is in a pretty good position."

The Remington deal is expected to close in January

GEREP · « **Reply #41 on:** December 27, 2007, 05:53:10 AM »

I'm not a Handi expert by any stretch of the imagination, just bought my daughter one for Christmas.

As far as the acquisition goes, my guess is that not much will change with H&R that will be visible to the consumer, at least for the foreseeable future. Processes will be streamlined for sure, but I'm guessing what you will see happen is that the "new" company will make minor improvements to the line (maybe even needed improvements) but things that will not necessarily increase the cost per unit due to streamling elsewhere. They will hype the hell out of the improvements and what was once a 200.00 gun will now sell for 300.00. The price point will not scare away the loyal and the improvements will make them happy.

Call me an optomist.

KPC

MSP Ret · « **Reply #42 on:** December 27, 2007, 06:27:59 AM »

"They will hype the hell out of the improvements and what was once a 200.00 gun will now sell for 300.00."

hardly an optimist, more of a pessimist. I hope there is not a (50%!!!) price increase!!!....<><....

coyotejoe · « **Reply #43 on:** December 27, 2007, 06:49:20 AM »

Well I still haven't gotten over what happened when Remington took over the guns formerly imported by EEA, they jacked up the prices and pared down the selections. I see no reason to think it will be any different in regards to the Marlin/NEF take over, they will jack up the prices and pare down the selection.

rex6666 · « **Reply #44 on:** December 27, 2007, 10:46:54 AM »

This has happened latly in the Transportaion bus. two Co. are bought out, then both
are made in the same plant, comes out the shipping door with two dif. names,
I am going to go out on a limb and predict, you will see some plants close, some models go away, maby some names. They will combine as much as possible (cost effective).
We may see some new cal. in the handi, we may see ether H&R or NEF names go away,
they will surly hang on to the lever guns. It will take a while for them to decide, bet they
already have a good idea, they may take the handi and make the stock fit, finish it better,
better wood, and only charge $500.00 each, that is my $.02

MSP Ret · « **Reply #45 on:** December 27, 2007, 10:59:48 AM »

I am happy I have the ones I do now!!!....<><....

fernie · « **Reply #46 on:** December 27, 2007, 11:08:40 AM »

I am NOT panicing, but I figured that I best call Brownells - got several sets of replacement parts in the mail...while it's still in stock. http://www.gboreloaded.com/forums/index.php/topic,114104.0.html

doc

Graybeard · « **Reply #47 on:** December 27, 2007, 11:19:17 AM »

One thing that should be good that comes of it for NEF fans is that Marlin no longer owns them. They will no longer be the red headed step child of Marlin and that I think has to be an improvement for you guys.

It might be that at least a small part of Remington's incentive was to stop the importation of cheap Chinese clones of the Remington 870. I do think it will end the cooperation with Hornady on any more new rounds for Marlin which also might have been an incentive for Remington as an ammo maker as well as arms maker.

There should now be more capital available for expansion if that is deemed desirable.

Cookiemann · « **Reply #48 on:** December 27, 2007, 11:32:44 AM »

I agree with MSPRet. I am happy to have the ones I've got. Wish I still had my first, that I purchased back in the '80s.

Honestly, I think it's all in the numbers. I don't really think loyalty or tradition or any of that will make a difference. They are not gonna make choices that will not be profitable. Bottom line, will tell the tale, in the end. Just my $.02.

PartsMan · « **Reply #49 on:** December 27, 2007, 11:36:07 AM »

It seems like Marlin has more to loose in this deal.

I can't see anybodies marketing dept making the base handi cost more than a 770.

PHATINJUN · « **Reply #50 on:** December 27, 2007, 11:57:09 AM »

The one thing that scares me the most is Cerberus is a holding and an investment company and with all the aqusitions that it has made in the last couple of yrs I think they are about to start sucking the money out of these companies. I don't foresee them sticking much into them just my opinion. I may just have to go on a buying spree before it all comes crashing down with the new democrap president.Kurt

shaner · « **Reply #51 on:** December 27, 2007, 01:02:37 PM »

http://money.cnn.com/news/newsfeeds/articles/prnewswire/NYW02426122007-1.htm

not a real good deal , makes them an over seas company now ,

30-06man · « **Reply #52 on:** December 27, 2007, 01:21:47 PM »

I was reading on another site that some think that Marlin and NEF will work with Remington to improve their quality. On the big Company's page they mention nothing of Rem or any other gun makers. If the sales drop they will close the doors and sales aren't that high as many say.

30-06man · « **Reply #53 on:** December 27, 2007, 01:22:53 PM »

Why did Marlin agree to go along with this? What were they thinking is what I want to know?

MSP Ret · « **Reply #54 on:** December 27, 2007, 02:13:04 PM »

Question - Why did Marlin agree to go along with this?

Answer - $$$

as Cookiemann so wisely said, it's the bottom line that counts, and especially so nowadays

30-06man · « **Reply #55 on:** December 27, 2007, 02:16:45 PM »

Yeah. I just hate to see them go out in this manner. As it was mentioned Cerberus has nothing on their page at all on it. I emailed them asking why. Probably will get no reply ever.

jrkrk · « **Reply #56 on:** December 27, 2007, 02:19:58 PM »

Rumor has it that Remington is coming out with a new slug gun this year!

30-06man · « **Reply #57 on:** December 27, 2007, 02:22:51 PM »

Yeah and a R15VTR and a Model 700 VTR. Marlins coming out with a bolt action and the trigger looks just like a Savage accutrigger(wonder why?) and NEF is coming out with a new frame that can handle a 300win mag and 7mag.

Brett · « **Reply #58 on:** December 27, 2007, 02:34:28 PM »

My biggest fear is that all H&R/NEF and Marlin production will be farmed out to overseas manufactures in China, Turkey and/or Russia to save on labor cost. Off coarse the retail price wont come down any, in fact it will probably go up.

Nick Allen · « **Reply #59 on:** December 27, 2007, 03:45:49 PM »

I'm with Brett on this. Prices probably will go up, here in MI. prices have been going up for a number of months anyway. Now I have to order that .204. I was going to wait a few weeks, but not now.

Nick