Dakota purchased by Remington

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Stonewall

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Remington® Acquires Dakota Arms


Madison, NC – Remington Arms Company, Inc. through its fully owned subsidiary DA Acquisitions LLC has entered into a purchase agreement to acquire certain assets of Dakota Arms, LLC including the Dakota, Miller Arms, Dan Walter and Nesika Bay Precision brands. The transaction closed on June 5, 2009.

Established in 1982 and headquartered in Sturgis, South Dakota, Dakota Arms is the leading manufacturer of custom and semi-custom rifles for the sporting markets. The Dakota product lines are universally recognized for outstanding quality, design, accuracy and aesthetic appeal. The Dakota brands include Nesika, Miller Arms and Dan Walter. Nesika Bay Precision actions and rifles renowned for their exceptional accuracy; Miller Arms is known for the reliability and performance of its single-shot actions and custom rifles; and Dan Walter Cases are regarded as the premier travel and display cases for shotguns and rifles. Dakota Arms is strongly anchored in the Black Hills of South Dakota and currently employs 35 people.
"I am pleased to announce that Dakota Arms is joining Remington and the Freedom Group of companies,” stated Ted Torbeck, CEO Remington Arms Company, Inc. and Freedom Group Inc. “Dakota Arms is an icon within the industry and its fine products exemplify quality, craftsmanship and attention to detail. Dakota is the perfect compliment to our industry leading family of brands. We look forward to continue to develop and expand the Dakota brand and thank all its employees for their continued dedication and success of Dakota Arms.”
http://www.remington.com/library/press/2009/corporate/2009-2.asp


This should be interesting...

Glenn:D
 
I suppose it's better than Dakota being purchased by Norinco.
 
I don't know. Remington sent the Zestava Mauser line down the tubes. I don't think they are capable of running a small custom manufacturer. I guess it is better than the crook Kokesh.
Butch
 
30378 said:
This raises lots of issues for Dakota. Don't forget the parent company of Remington is Cerberus which owns Chrysler and is nothing more than a French based holding company. Isn't Nesika involved with Dakota? Is this more CHANGE?:(
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It's a private equity firm.
 
30378 said:
The French have everything to do with Cerberus. It where they were frirst formed as a compay only to later LP in New York. Wikipedia is the worst informative piece of **** you could read. Wikipedia only refernces the last couple of years. Cerberus formed in 1992 only came to the US in the early 2000s and are truely one of the foreign investment firms crawling up our backsides. They are not good for the firearms industry. They sure would not support Chrysler in rough times.
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Friend, it had become more or less known that Chrysler would either be resold or toast when the Germans pulled out.
 
We can only hope. For all the stuff they've been through already they've still managed to turn out some damn fine stuff.
 
rosetta stone

guess im going to be forced to saving my cold hard cash to purchase a rosetta stone language course in chinese before all this "hope and change" is over in the good old USA!!!

Fred
 
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