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REMINGTON ACQUIRES DAKOTA ARMS

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Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 16:28
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REMINGTON ACQUIRES DAKOTA ARMS . . . Remington Arms last Friday entered into an agreement to purchase Dakota Arms, the Sturgis, S.D., manufacturer of custom and semi-custom rifles. The sale includes the Dakota, Miller Arms and Nesika Bay Precision brands, plus Dan Walter Cases. "I am pleased to announce that Dakota Arms is joining Remington and the Freedom Group of companies," said Ted Torbeck, CEO of Remington and Freedom Group. "Dakota Arms is an icon within the industry and its fine products exemplify quality, craftsmanship and attention to detail. Dakota is the perfect complement to our industry-leading family of brands." Freedom Group comprises the Remington, Marlin, Bushmaster and DPMS/Panther Arms brands, among others.

Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 16:33
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Hopefully Remington can get Dakota back on their feet. For years, I've seen the "Dakota files for bankruptcy" headlines so I'm hoping this is good news for all.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 17:37
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Wonder what they are going to do with it?

Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 17:46
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Hummmmmm...........maybe a model 76 BDL.............lol
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 18:52
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A friend of mine works next door to them at Cor-Bon. I will be interested to hear what he says about this. When we talked several weeks back about Dakota, it did not sound good.
He has one of their rifles in .300 Dakota and it is a fine rifle. It shoots great and he has a huge Zeiss Diavari Hubbel on it. This rig has been all over, Alaska fly ins and western horse back. It works for him.
I hope this is good news.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 20:38
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Wow!  That's a surprising move!

I hope Dakota survives.  They make stunningly beautiful, well-made rifles, but they compete in a very niche market.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 20:48
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Some of my favorites using the M70 style action, for sure.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 21:19
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I also have a soft place in my heart for their elegant M10 falling block single shot, like the one in my avatar.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/08/2009 at 21:35
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Remington which is owned by Cerberus which owns 80% of Chrysler which is now bankrupt ...
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/09/2009 at 06:22
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Stunning. I suppose the Miller Arms single shots I dream about are toast. Geez Louise.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/17/2009 at 21:11
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IMHO that is great news, Dakota Arms makes an excellent rifle but I I've always thought they lacked good business skills that the Remington group could provide.
Sam
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/18/2009 at 08:59
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Has anyone else noticed as Cerberus buys companies the inventory drops causing higher prices. History has shown one company without competition is very bad for the public. It tends to lead to less quality and higher fixed prices.
    It makes it easy for antiguners . Multiple targets require many shots but a single target gets the focus of all the shots. 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/18/2009 at 09:14
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Anything will be superior to the recent Kokesh era of Dakota "management."
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/18/2009 at 09:20
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I hope they survive and continue making quality firearms but Cerberus is a bottom line company. They were the management of Walter Reed Hospital during the recent era with the veterans scandal at what was our top military hospital till they took over.
Duce   Sad
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/18/2009 at 10:19
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Originally posted by 3_tens 3_tens wrote:

Has anyone else noticed as Cerberus buys companies the inventory drops causing higher prices. History has shown one company without competition is very bad for the public. It tends to lead to less quality and higher fixed prices.
    It makes it easy for antiguners . Multiple targets require many shots but a single target gets the focus of all the shots. 
Good point 3 tens, I guess I never looked at it like that.
Sam
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/18/2009 at 13:02
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Only time will tell....I hope Dakota keeps the quality it has had in the past.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: June/29/2009 at 19:20
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I have always wanted a Dakota, but I am afraid this move will make it an impossibility.  Remington and the Cerebrus group will easily integrate their products into their company name under new products and reduce the quality to production level.  Maybe not, but that is what I think will happen.  When they acquired Baikal, the quality did not change, just the cosmetics and an increase in price.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: July/02/2009 at 20:14
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Isn't Rem also Dupont?There to big to fail also.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: July/02/2009 at 20:43
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"The're to big to fail"    Is that correct gramactically?
Hey,just making an effort.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: July/02/2009 at 20:55
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Originally posted by 1984 1984 wrote:

Isn't Rem also Dupont?There to big to fail also.


They haven't been since early 2007, when Cerberus Capital Management bought them. They are in pretty good hands now and are turning around because of the Freedom Group, subsidiary of the three headed dog.
I believe there is too much cynicism in the gun population to accept this. Though Cerberus is a capital investment company, they bought Chrysler expecting a return on their investment. The economy has since then traveled south. The same goes for the gun manufacturers they bought.
It appears as though Remington/Marlin/Bushmaster/DPMS/H&R will weather the storm, witness the supply vs,. demand situation for us gun people.
I feel positive. Cerberus is on our side and stands firmly against Gov. Inc.
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: July/02/2009 at 21:25
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That much info will take sometime for me to digest,but I will,as a side note ,and your from MI,do yo knowMike Stewart?He is in the U.P and has sold a hunting knife or two.

Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: July/03/2009 at 09:20
tahqua View Drop Down
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I have a Bark River Smoke Jumper that is one of my finest knives. Mike is also very active and a sponsor  @ http://knifeforums.com/forums/showforum.php?fid/59/nfbb_session_id/6d42ccba9d0b2da96082061ff82505b2/
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: July/03/2009 at 09:34
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That smoke jumper is on my want list,I love all my Bark Rivers.

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