Consolidation in the industry
continues
Monday, January 14, 2008 Filed in:
Current
Events, Shooting
industry
By now, you've no doubt
heard that Remington is acquiring Marlin. This announcement was
followed by copious hand-wringing on forums all over the 'net -
along with no end of opinions showing a disturbing lack of
understanding of both basic economics and the global
marketplace.
Against the backdrop of rapidly increasing costs for raw materials,
labor, and shipping, it becomes clear that smaller makers like
Marlin are facing a tough stretch of road. It may in fact be the
case that their survival can only be assured by coming under the
umbrella of a larger, more resilient player in the industry. (Look
at Smith & Wesson's acquisition of Thompson-Center for a good
example.)
Of course I hope that Marlin's quality does not diminish. (Though
raised on Winchesters, I prefer Marlin lever actions for their
strength and better administrative characteristics.) I don't
think that Remington is so stupid
as to intentionally damage something they paid a lot of money to
own!
-=[
Grant ]=-