This page has been moved to http://www.fieldandstream.com/blogs/field-notes
If your browser doesn’t redirect you to the new location, please visit The Field Notes at its new location: www.fieldandstream.com/blogs/field-notes.
Remington Buys Marlin Firearms
From FoxBusiness.com:
Tommy Millner[,] Remington's CEO, said, "I am pleased to announce that Marlin's well known brands [including Harrington and Richardson, New England Firearms, and LC Smith] with a long heritage of providing quality rifles and shotguns to hunters and shooters around the world will join the Remington family. The opportunity to combine two historic U.S. based companies with such storied and proud histories, is both challenging and exhilarating.”
It's amazing how the gun companies are starting to "bundle up".
Some products may change, Marlin may get some much needed capital, but the economic realities of american made firearms is coming to a head.
Browning has been an importer for years, benelli is very popular, not to mention the other imported firearms that this country purchases everyday.
Cost to manufacture in the U.S.A. are growing every year. The profit margins are tight and importing is growing every year.
This country is getting to where the only jobs are low paying service jobs or degreed jobs. There is very little in the middle and hence, no middle class.
Jim
Posted by: jstreet | December 28, 2007 at 12:18 PM
Jim
I know the answer, but nobody wants to listen, much less read, such longwinded drivel!
As long as they still produce a decent product for a reasonable price!
Bubba
Posted by: Bubba | December 28, 2007 at 02:33 PM
Bubba,
Freedom of speech, pal.
Let 'er rip! I'd like to read your comments.
Jim
Posted by: jstreet | December 28, 2007 at 06:22 PM
What better way to kill our heritage as gunmakers in this country than to swallow up yet another company. Marlin is one of the companies that held out and did their best to do right. I don't think many are happy with the way Remington has been going the last few years. I own several but probably will not buy several more. There something about a gun with american walnut and rust blued metal made by an american that the japs and the turks will not duplicate. Call me crazy, but to each his own and these things are what float my boat.
Posted by: Jeff | December 28, 2007 at 07:22 PM
This is no longer America as I grew up in it. Rugged Individualism, Independence, and Free Enterprise, Lots of small businesses and mom and pop stores. Everything has been globalized. Like Jim and Bubba are alluding to, this is just one more successful American business biting the dust. A sign of the times. It's hard for old guys like me to get used to. If I want a decent Marlin I better buy it now.
Posted by: BA | December 29, 2007 at 12:06 AM
Well, jstreet,
I tried, but they said it was just so much "spam". So, I'll try this!
If you run a manufacturing plant, you must make the best product possible for the least money. If you don't make a profit, you gotta cut back somewhere. If you don't cut back, you go outta business! We all want American built products, we just don't want to pay "Made in America" prices. Ergo: Wally-World, "Made in China", "Made in ROK", "Made in Bangladesh", "Made in ......" etc., etc.!
Bubba
Posted by: Bubba | December 29, 2007 at 06:47 AM
The dreaded "economies of scale" some jackass CEO is always looking for. While the short term may provide less expensive products, this globalization crap is going to make us all pay a heavy price...in many ways...on down the road. Make sure you teach your kids how to shoot straight and live off the land.
Posted by: Tommy | December 29, 2007 at 07:32 AM
This is a GOOD THING folks. Remington's market position and some of the best of class weapons from the Marlin brands. We'ld have probably lost Marlin a lot sooner without this.
SA
Posted by: SilverArrow | December 29, 2007 at 09:54 AM
Tommy
That 'Jackass' CEO is actually doing what the board hired him to do. His responsibility is to make the company the most profit possible for the stockholders. To quote an oft cited comic: "I have seen the enemy and we is it!" If we would all cowboy up and buy American, boycot Wallyworld and take pride in doing our own jobs to our best ability we can get out of this mess.
Realize that it could have been Rossi, Baretta or even Hyundai buying out Marlin....
SA
Posted by: SilverArrow | December 29, 2007 at 11:10 AM
SA,
You make my point for me. I understand the role of the CEO is to maximize shareholder wealth, however, that fact has little to do with what is best for the consumer. Hitting short term stock targets, which just happen to maximize CEO bonus payouts, don't often coincide with the best interests of company and consumer for the long term. You're right on the money with buying American and we the consumer voting with our dollars.
Posted by: Tommy | December 29, 2007 at 12:32 PM
ANY kind of business must make a profit.
No profit! No business!
Know profit! Know business!
One of the reasons that produce growers hire migrant workers is because the American laborer has grown too lazy to work that hard for those wages.
We (Americans) want cheaper fuel!
Have you considered the cost of building, outfitting, crewing and operating a drilling rig. And that is with a greater chance of failure than success!
My dad was born in 1920 and was a kid during the "Great Depression". According to him, a loaf of bread from the store cost ten cents, one tenth of a dollar. You could hire labor for fifty cents a day! Today that same loaf of bread costs $1.50/$2.00. Folks won't work for less that minimum wage. My dad paid 20% of his daily wages for bread. Today that's about 5% at minimum wage.
Gasoline was 8 cents a gallon. Today that price is about $3. He worked over an hour to buy a gallon of fuel. Today, about 30 minutes, at minimum wage. Stuff is cheaper!!! And we still want more money!! Where will it all end.
Bubba
Posted by: Bubba | December 29, 2007 at 01:06 PM
Tommy
I do get your point but if a company can't make it in the short term there will not be a long term for them. Believe me I've been a student of management for as long as I can remember, had Remington not come in and bought out Marlin then another company would have, perhaps one I mentioned or another from overseas; Marlin itself had bought over the other brands in the deal. Smith & Wesson recently bought Thompson Center Arms and is reportedly seeking additional aquisitions within the industry -- I expect Savage Arms is a potential for them. Consolidations happen all the time, not always for the best but they are part and parcell of the great free market economy.
Bubba
We'ld all love that $ .10 loaf of bread or the gallon of milk for under a dollar again, but who among us will revert our wages or salary to the same level?
SA
Posted by: SilverArrow | December 29, 2007 at 03:44 PM
Hey SA!
I don't think I want less than I'm bringing in now, but I can purchase more now than dear ol' dad did even when he was raising me! Wages have gone up more than prices!
Bubba
Posted by: Bubba | December 29, 2007 at 06:07 PM
You are comparing the present to when we were in a depression. If ratios were the same now we would be in a depression now. Also, you are not discussing the cost of a house, home owner insurance, medical cost.
Posted by: Tmac | December 29, 2007 at 07:52 PM
Tmac
It's pretty much all relative.
The wages are out there, ya just gotta go get 'em. The jobs are out there, ya just gotta go get 'em.
My point is, if you're earning $25/hr, live within your means.
I lived in Ft Worth, Texas for a while. It was just before Christmas one year when General Dynamics had a big lay off. (SOP for a big defense contractor) They had one of the guys caught up in the lay-off on the news one night whining, in the background was his $150K home, wife's Caddy in the garage. His jacked up 4WD p/u would't fit in the garage because of his 20' ski boat, trailer with jet ski's and other trailer with dirt bikes.
GD was famous for lay off's, if this guy had been living within his means, he would have had money to burn still. And what the media didn't tell was, as GD was shuffling 1800 lay off's out one gate, they were bringing 2300 in the other gate for a new contract!
LIVE WITHIN YOUR MEANS!!
Bubba
Posted by: Bubba | December 30, 2007 at 07:39 AM
Amen Bubba, Amen!
Colleague of mine a few jobs back used to preach about having three skills that can all feed you if needs be, that way if one falls out of demand you can pick up work in one of the other areas. I say always have a backup plan. Like a backup weapon your backup career plan may not have quite the 'magazine capacity' but it can get you through a tight spot. I have been laid off twice and have landed on my feet both times.
SA
Posted by: SilverArrow | December 30, 2007 at 08:31 AM
I own three Marlin's, I have been happy with the quality, it will be intersting to see what happens now.
Posted by: Brian | December 30, 2007 at 10:32 AM
Bubba,
I don't disagree with living within your means. Many people don't and that's their problem but many people who work full time just can't make ends meet.
My point about manufacturing is that it was the basis of middle class america and it's all but disappeared.
One third of this country has a college education and hence the better paying jobs. The rest of the population is only going to make so much in low paying service jobs that the country is running itself on and if interest rates get high or the credit card companies really tighten their lines of credit, a large percentage of this country's citizens will be on the verge of filing for bankruptcy.
Higher education (like healthcare) is growing @ twice the rate of inflation making it more difficult for people to afford either.
The government is in hawk up to their eyeballs and we (the citizens) are as well.
None of these facts bode well for future generations who will have to clean this mess up.
Jim
Posted by: jstreet | December 30, 2007 at 12:46 PM
It's awful easy to bash WalMart, but you all are saying we should buy American. WalMart is American. It's the largest American retailer now, but it wasn't years ago - some other company was. Ironically, WalMart is one of the biggest retailers of Marlin firearms, and Remington, too, for that matter. I agree that acquisition of companies is part of free enterprise. I wish Marlin would have stayed independent, but, unfortunately, consolidation of gun manufacturers is probably needed to keep the American gun industry alive in the global economy.
Posted by: Wes | December 30, 2007 at 07:13 PM
jstreet
I wish I know more about economics. I think credit card companies are a really big problem with our economy now. But that's just my opinion.
Wes
Wal-Mart is American? Wander through one of their stores and pick up 100 items. See just how many are manufactured in the good ol' US of A. Less than a year ago, they had a Wal-Mart executive on TV. He was bragging to the reporter that the store had gotten where it is by selling the "cheapest" product they could find and paying the "lowest" wage they could get away with!
Yep, that's American! It's called free enterprise!
What I don't understand is: Why do people flock to the place to buy cheap crap when better products are available elsewhere?!
Here's a for instance for you!
During black powder season, a buddy came up and hunted with me. We went to a local gun store and he started to pick up some Triple 7 powder. Nearly 20 bucks a pound. I told him to wait and we went across the street to Big Wally. Same stuff, nearly forty bucks a pound!!!!!
Boy, I really get hot talking about "that place"! Guess I really need to just get off my soap box and shut up, huh!?
Bubba
Posted by: Bubba | December 30, 2007 at 08:49 PM
I think it is good Reminton Bought MArlin. At least it stays american. China now has a trillion dollars in our trade deficiets and it has been buying american bussiness as quick as it can.
The trouble with foriegn trade is not likely to be solved on the individual level. It just isn't going to happen. Congress needs to step and relize that these trade defiects are killing our middle class and be default our economy. We are in a slow death sprial as wages go down and debt goes up. I urge each of you to look up what americans are spending. According to the BBC american average savings are in the negatives. That means people who have saved are spending to cover their bills and those who haven't are going into bankruptcy. I will cut this short and just finish it up with that as a country we are horribly screwed and nobody will try to do anything about it until it is far to late to do anything about it.
Posted by: Jason | December 31, 2007 at 01:16 AM
I'm really glad I just got a new Marlin 338 30-30 lever action. The same model has been in production since the 1890's because it's a good thing. I doubt that Remington is going to keep producing the same rifles with the same techniques at the same prices. If they do then they're just going to walk into the same bankrupcy trap. In order for Remington to continue to make Marlin rifles and be successful either quality or price or both are going to have to be cut. The only other way I can see Marlin/Remington model rifles to continue to be good is if Remington boosts production quantity to reduce individual unit price.
Posted by: William | December 31, 2007 at 04:01 AM
I purchased a Marlin 1895SS, in 45/70 of course,before they cheapened this model to the 1895 designation. Don't get me wrong, the model is still a fine rifle and all changes seem to be cosmetic for cheaper manufacture. I am glad, however; that I purchased the model I have to hand down to my boys some day.
It seems once fine manufacturing is gone..it's gone forever!
Posted by: Ralph the Rifleman | December 31, 2007 at 05:05 AM
Ralph,
I bought an 1895SS in .45/70 about ten years ago...great gun. Very accurate...glad I bought it then. As for wally world, depending on where you live, some stores don't even sell guns/ammo anymore. They might have an air pistol or two lying around somewhere and some BBs. Happy new year to all...don't drink and drive.
Posted by: Tommy | December 31, 2007 at 08:46 AM
In regard to Walmart, Bubba, yes, it is American. It was started by one guy from nothing and was built into the largest retailer. That, my friend, is the classic American success story. Some products they sell are made in America and many are not. Some are cheaper at Walmart and some are cheaper elsewhere. Guns, for instance; Marlin and Remington are their biggest lines, but are seldom cheaper at Walmart. But they sell less expensive brands of firearms, too. Give people a choice. If Remington can continue to keep a good product line under the Marlin name, people will continue to buy them. As a previous post said, Marlin may not have survived without a buyout and better that it was Remington that bought them than shutting down the Marlin company for good.
Posted by: Wes | December 31, 2007 at 10:05 AM