Who makes H&R Shotguns?
Just found a H&R Protector 12ga. at a local sporting goods store for $169. Looks pretty nice, does anyone knows who makes it?
Harrington and Richards is the name of the company.
(I may be wrong)
Harrington & Richardson, if it was made up till 1986. That's when H&R went out of business. H&R 1871, Inc was formed in 1991, and sold to H&R 1871 LLC (owned by Marlin) in 2000.
Niether H&R 1871, LLC nor Marlin will deal with the old H&R guns.
So, how do 'ya know?
I just bought an H&R Pardner Pump 12ga at the flea market.
Given the fit and finish, and the fact it had been shot 3 times, it seemed like a steal, even if it was made in China.
Now that I'm looking it up, I see this post that says Marlin (a.k.a. H&R) will not support the older incarnations.
So how do I know if mine is a Marlin or not?
I found this and thought I would post it for those interested
Remington To Close H&R Plant
By Jim Shepherd
Apr 8, 2008 - 1:19:36 AM
It’s billed as a “manufacturing consolidation” but to the 200-plus workers at what used to be the H&R 1971 –now- Remington Arms’ Gardner, Massachusetts plant, it’s a closure. For most of them, it means outplacement assistance. That’s a corporate pseudonym for unemployment.
Yesterday, confirming rumors that had been swirling about for the past three weeks, Remington’s CEO Tommy Milner issued a short press release saying that the Gardner plan would be closed by the end of 2008. “A number” of employees will be transitioned from Gardner to other positions within the company, but the majority will be offered the severance, outplacement and referral services that accompany a shutdown.
“While it was a difficult decision to close Gardner, we believe that this consolidation will enhance our ability to more efficiently provide quality products at competitive prices in an increasingly demanding global marketplace,” Millner, wrote in the short release.
“We are always looking for ways to strengthen and optimize our business in order to stay competitive, while also creating additional opportunities for our employees and better products for customers. Our number one goal is to provide our customers and end-users with the best, most innovative products at a competitive price. Consolidation of manufacturing capabilities and migration to common operating systems are expected to create efficiencies that will achieve this goal.”
From a traditional industry perspective, the decision is certainly a head-scratcher.
H&R 1871 has a reputation of showing a modest, but continuing profitability. Many in the industry felt that, as is the ultimate owner, Cerberus Capital’s habit (they own Remington), the Marlin/H&R 1871 operations would continue, receiving support from the Remington infrastructure as well as its considerable raw materials purchasing power. At least for the time being.
In Gardner, Mayor Mark Hawke has called the move by Remington a “travesty.” Hawke, too, maintains H&R has always been a profitable company.
“Now,” he says, “Remington comes in and they’re going to close them.”
Hawke is livid at the fact Remington didn’t bother to give local officials a courtesy call on the closing, letting them learn about the closure when the public announcement was made yesterday.
Likewise, Massachusetts officials say no one from Remington ever contacted them about their plans.
The Outdoor Wire contacted Remington, and we were told there would be “no further comment at this time” on the decision.
With this closure, it may be that Remington brings the paranoia concerning Cerberus Capital Partners from an undercurrent in the firearms industry to a front-and-center position.
Some industry leaders have expressed concern regarding the privately-held behemoth and its sudden – and very significant – entry into the firearms industry. Despite the stated love of the shooting industry, officials at other companies are privately concerned that Cerberus has sufficient resources to either bolster the firearms industry - or cripple it.
Now, with Remington, Marlin, H&R 1871, New England Firearms, LC Smith, Parker, Bushmaster, Cobb and DPMS already under the Cerberus umbrella, the speculation will likely grow.
We’ll keep you posted.
Cerberus, the guardian dog of hades. Hmmm, owned by Soros or other anti-freedom leftist? Shutting down their firearms companies could cripple our rights. Let's keep up on this....
Well, I have been following the Cerberus group for about a year - and while I am not a fan, I have not seen enough information, for me, to worry about their "hidden" motives.
Cerberus is an investment group that holds all sorts of companies, not just their recent firearms additions. They hold commanding shares, or own outright, companies that do real estate, pharmaceuticals, banks, I think they do own, or did own, Albertson's ( a grocery store on the western seaboard ), I think they bought, or tried to buy, all of United Rentals and own like 50+% of General Motors. They are diversified across the spectrum, not just the gun industry.
Their M.O. is to buy companies with established names, ones that have fallen on hard times or ones that have a lot of debt that can be paid off at an immediate benefit to the stock price. Cerberus has HUGE cash reserves, so if a stock price is tanking, and one of the key reasons is that they have large debt attached to the name, the company can step in, gobble up the stock for a steal, pay off the debt, let the stock price rise and, hopefully, make a profit.
I have been following them since the acquisition of Remington, which was like in April of 2007. They have continued to buy other companies, not just gun companies, and if anything, I have seen an even more ridiculous marketing budget come out of Remington HQ. Their print adds and their presentations at things like SHOT have about doubled since the purchase.
Personally I don't fear them, yet. I think they are on the verge of getting too much of the gun maker market under their umbrella of influence, but so far they have been pretty hands off on the manufacturing of firearms, they have been about pumping stock prices. If that continues, I don't really have a problem with people exploiting a hot market to make some money. So far Cerberus falls into that category. I am holding a small amount of some of their holdings, so I get updates out of a purely curious need to see what is next, but I haven't seen anything that has me "worried" at this point and time.
I am far more concerned with the dreadful state of this election season. :mad:
nowdays H & R and New England firearms are one in the same
Cerberus is run by Steve Feinberg an avid hunter who donates money to Republicans. Dan Quayle is a manager at the firm and Rumsfeld is a client. I doubt Cerberus is buying firearms manufacturers to shut them down or intentionally cripple the industry. In fact, given the strategy of the left to sue gunmakers to drive them out of business it is good to see firms get capitalized.
|All times are GMT. The time now is 09:39 AM.|
Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.