Talyn
SAINT
More info...
Ruger Buys Marlin
Note: Now Vista controls 2 out of 3 primer making factories in the USA.
Ruger Buys Marlin
Note: Now Vista controls 2 out of 3 primer making factories in the USA.
Ruger Buys Marlin
- Thread starter Talyn
- Start date
Annihilator
Emissary
Good link Talyn, if it’s ok, I will add this link also to your thread, thanks for posting.
www.gunsamerica.com
Bankrupt Remington Properties Bought by Franklin, Ruger, Sierra and More
Remington Arms is being sold off to a number of other companies following its long, slow descent into bankruptcy.
Talyn
SAINT
Got this from a Ruger email.
Note: Ruger will move Marlin production to Ruger facilities.
MARLIN FIREARMS
September 30, 2020
Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.
"The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up," said Ruger President and CEO Chris Killoy. "The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings."
The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.
"The important thing for consumers, retailers and distributors to know at this point in time," continued Killoy, "is that the Marlin brand and its great products will live on. Long Live the Lever Gun."
Additional information will be released when available. To stay up to date, please sign up for our contact list using the link below.
Note: Ruger will move Marlin production to Ruger facilities.
MARLIN FIREARMS
September 30, 2020
Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.
"The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up," said Ruger President and CEO Chris Killoy. "The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings."
The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.
"The important thing for consumers, retailers and distributors to know at this point in time," continued Killoy, "is that the Marlin brand and its great products will live on. Long Live the Lever Gun."
Additional information will be released when available. To stay up to date, please sign up for our contact list using the link below.
Annihilator
Emissary
Got the same email also todayGot this from a Ruger email.
Note: Ruger will move Marlin production to Ruger facilities.
MARLIN FIREARMS
September 30, 2020
Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.
"The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up," said Ruger President and CEO Chris Killoy. "The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings."
The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.
"The important thing for consumers, retailers and distributors to know at this point in time," continued Killoy, "is that the Marlin brand and its great products will live on. Long Live the Lever Gun."
Additional information will be released when available. To stay up to date, please sign up for our contact list using the link below.
Talyn
SAINT
Ruger is a top notch customer service orientated company so this could be a good thing for the Marlin brand.
Maybe Ruger R&D will make a takedown backpack lever gun.
+1 If this outfit can do it then the "new" Marlin can do it.
The Arms Room
Now that's a beautiful piece of art right there....
Take my money now and give me one of those!!!
HansGruber
Ronin
Ok...
I wanna see a .327 1894 out of them.
Yeah, Henry makes one, but only in a tube-loader; let’s see a gate-loader.
Followed by a 1895 in .500S&W...
I wanna see a .327 1894 out of them.
Yeah, Henry makes one, but only in a tube-loader; let’s see a gate-loader.
Followed by a 1895 in .500S&W...
Talyn
SAINT
Talyn
SAINT
Big Horn makes a real classy lever gun. Those things look way too nice to take in the field.
jumpinjoe
Hellcat
I realize it's only rim fire, but wouldn't the Mod 39A be considered a 'take down'?
Anyone?... Anyone?
Talyn
SAINT
I realize it's only rim fire, but wouldn't the Mod 39A be considered a 'take down'?
Technically yes. But I've only taken mine down rarely for cleaning.
jumpinjoe
Hellcat
I've had a 39A since probably the mid 60's. When I married in '69, the wife fell in love with my 39A 'cause it looked like a "cowboy" gun. I promised I'd get her one some day. Then on a work trip one time, I stopped into an old, old pawn shop in a little country town. I knew it was old 'cause of all the dust on everything.
Anyway, over in a corner by a window and partly covered by a curtain, I saw a really dust covered 39A. I asked about it and was told "that thing's been here forever ..... nobody wants it. Fact was nobody could see it (hardly). So I quickly made an offer and the proprietor took it in a flash. Took that little rifle home and told the wife "here's the "cowboy" gun I promised you. But, it's yours and not mine, so it's up to you to keep it clean, said I.
Well, I came home from work a few days later and here on the coffee table was that little rifle all in pieces. Every single screw, spring, clamp, clip, pin, etc, etc, etc, had been taken apart and was all laid out on the table ..... SPOTLESSLY clean! That means no dust, no grease, no oil, no nothing.
When I regained my composure and asked what the heck she was doing .... she reminded me I had said it was hers to keep clean and she started cleaning it. But the further she went, the more of that ol' icky oil and grease she had found so she finally got it apart enough to really give it a good cleaning. Yep, she really did.
Well, after dinner that night I started trying to get it all back together and several hours later finally did. Then I explained to her how that ol' icky grease and oil was not considered dirty and should be there.
From now on, "You just keep the dust off of it and I'll clean the rest honey!" said I.
True story y'all!
Anyway, over in a corner by a window and partly covered by a curtain, I saw a really dust covered 39A. I asked about it and was told "that thing's been here forever ..... nobody wants it. Fact was nobody could see it (hardly). So I quickly made an offer and the proprietor took it in a flash. Took that little rifle home and told the wife "here's the "cowboy" gun I promised you. But, it's yours and not mine, so it's up to you to keep it clean, said I.
Well, I came home from work a few days later and here on the coffee table was that little rifle all in pieces. Every single screw, spring, clamp, clip, pin, etc, etc, etc, had been taken apart and was all laid out on the table ..... SPOTLESSLY clean! That means no dust, no grease, no oil, no nothing.
When I regained my composure and asked what the heck she was doing .... she reminded me I had said it was hers to keep clean and she started cleaning it. But the further she went, the more of that ol' icky oil and grease she had found so she finally got it apart enough to really give it a good cleaning. Yep, she really did.
Well, after dinner that night I started trying to get it all back together and several hours later finally did. Then I explained to her how that ol' icky grease and oil was not considered dirty and should be there.
From now on, "You just keep the dust off of it and I'll clean the rest honey!" said I.
True story y'all!
wmg1299
Professional
At this point, I am always happy to see an actual firearms company purchase other brands, rather than an Investment Group. I have purchased several Ruger firearms over the past 15 years, and have become a fan of Ruger products. I have high hopes for Marlin's future products and can't wait to pick up one of the new 336 lever guns. I never got around to picking up a 336 before now because they had always been hanging on the wall at every gun store in town for $399, even Wal Mart, and I just assumed they would always be there. I was amazed to see even the 336's disappear when the COVID/Riot scare first hit a few months ago. I love my .44 Mag 1894 and my .357 1894C, and am kicking myself for never grabbing Marlin's most iconic levergun.