In the greatest gun and ammo market in the history of guns and ammo a company would have to be inept to go into bankruptcy.
22 lr. is cheap-4 cents/pop.
See NYT Magazine May 1, 2019:
How Americas Oldest Gun Maker Went Bankrupt:
A Financial Engineering Mystery
When a secretive private equity
firm bought Remington, sales
were strong and the future
bright. A decade later, the
company couldnt escape its debts.
By JESSE BARRON MAY 1, 2019
[In the greatest gun and ammo market in the history of guns and ammo a company would have to be inept to go into bankruptcy.]
It would certainly seem like it.
It’s the old story of a group buying a company and then sucking the life out of it, they started putting out poorly designed guns and replacing quality internals with cheap crap until no one wanted to buy the new garbage.
Yep....Read yesterday one ammo manufacturer has an $85 million backorder......LOL!