Ruger to acquire Marlin

[golfish]

And there are handguns chambered in 45/70 govt. It's a freaking clown world!

Having fired 45/70 govt in a T/C Contender 14" bbl I can say rifling type was not something I concerned myself about in those moments.

I guess we can chalk this up to diversity!?

I remember looking at a American Derringer, probably in the late 80s. It was chambered in 45/70 - .410 ...I think the factory warning material weighed as much as the gun did.

[BB1776]

Good news, gang!

In Ruger's latest press release, CEO Killoy says the company looks "forward to reintroducing Marlin rifles in the latter half of 2021."

https://www.fool.com/amp/investing/2020/11/24/ruger-completes-marlin-firearms-acquisition/

[bergmen]

Good news, gang!

https://www.fool.com/amp/investing/2...s-acquisition/

...with a picture of a Savage model 99 lever action.

Dan

[BB1776]

Indeed. I guess the reporter should be more careful with his, ahem, stock photos. But the important thing here are the words from Ruger— Marlins are coming back soon!

[1859sharps]

Ruger will build Marlin rifles, and as soon as possible. I have no doubt about that, not just because they have said as much, but because it's the only thing that makes sense after spending 30 million to buy Marlin. Otherwise their stock price takes a hit.

They are currently going through the same basic process Remington did when they bought Marlin and moved it.

Buy
Move equipment and inventory to new physical location
Setup equipment, test
Train employees
Manufacture and ship to distributors.

So the question is not if they will, but how long all this will take to get back to building rifles? if you have ever watched this process before or been involved in a company take over, company move etc. you probably were thinking mid 2021 to see rifles shipping again. This guess appears to be on track with comments made by the Ruger CEO

So. That means the only actual questions with real unknowns is what will get produced first and what changes will be made? I am going to go out on a limb and say very little will change if they are targeting mid 2021.

However, 2022 or beyond? who knows. will they transition to cast receivers? what rifling? what calibers? etc.

[k1dude]

I wonder if they'll rehire and move the Marlin employees to get the production lines up and running. Because all gun manufacturers are running balls-to-the-wall production right now. They can't spare a second to set up new production lines in lieu of making money by cranking out existing full production.

[rromeo]

That probably depends how many people want to uproot and move from New York to North Carolina.

[1859sharps]

I wonder if they'll rehire and move the Marlin employees to get the production lines up and running. Because all gun manufacturers are running balls-to-the-wall production right now. They can't spare a second to set up new production lines in lieu of making money by cranking out existing full production.

you have never worked for a corporation have you?

it does not matter how busy they are, they just dropped 30 million on buying Marlin. They WILL get Marlin production up and running as quickly as possible regardless of how busy the rest of the company is.

They don't need fully trained gunsmiths. They need CNC operators and assemblers. these are not difficult positions to find head count for and train.

As you suggested, you can pull from the "old Marlin" head count.
Or you can pull from existing teams then back fill with new people
Or as corporation are famous for...just added extra work to existing head count.

One way or another, the Marlin lines will be back running as quick as Ruger can possibly accomplish it. They have a major investment to start recouping and earning profit on. It's not just the purchase price, its the cost to move the machines/tooling/inventory. The cost to setup. The cost to line up additional raw materials, training of the operators and assembly, and I am sure there is more. Ruger can't afford NOT get production running again as quickly as possible. They will NOT be waiting for things to quiet down. And they are NOT going to give up market share to Henry, Winchester, Rossi, Uberti and whoever else is producing lever actions one day longer than they have to.

[k1dude]

you have never worked for a corporation have you?

it does not matter how busy they are, they just dropped 30 million on buying Marlin. They WILL get Marlin production up and running as quickly as possible regardless of how busy the rest of the company is.

They don't need fully trained gunsmiths. They need CNC operators and assemblers. these are not difficult positions to find head count for and train.

As you suggested, you can pull from the "old Marlin" head count.
Or you can pull from existing teams then back fill with new people
Or as corporation are famous for...just added extra work to existing head count.

One way or another, the Marlin lines will be back running as quick as Ruger can possibly accomplish it. They have a major investment to start recouping and earning profit on. It's not just the purchase price, its the cost to move the machines/tooling/inventory. The cost to setup. The cost to line up additional raw materials, training of the operators and assembly, and I am sure there is more. Ruger can't afford NOT get production running again as quickly as possible. They will NOT be waiting for things to quiet down. And they are NOT going to give up market share to Henry, Winchester, Rossi, Uberti and whoever else is producing lever actions one day longer than they have to.

I'm a retired corporate exec that has put in new plants around the world and upgraded existing plants around the world. Manpower optimization when you're at full production is a pipe dream unless you can pull in scores of new talent that requires little if any training. And where would you quickly find that trained and available talent pool? Marlin perhaps? I've also done a bunch of corporate M&A and financing. I know exactly how it works. Do you?

[1859sharps]

I'm a retired corporate exec that has put in new plants around the world and upgraded existing plants around the world. Manpower optimization when you're at full production is a pipe dream unless you can pull in scores of new talent that requires little if any training. And where would you quickly find that trained and available talent pool? Marlin perhaps? I've also done a bunch of corporate M&A and financing. I know exactly how it works. Do you?

25 + years working for corporations that manufacture something or other.
Currently employed by a fortune 500 Aero space company. I have NEVER, EVER seen any of my previous or current employer lay out a significant investment then do nothing with it because the rest of the company was "too busy". Given your background I am surprised you would suggest they might not setup Marlin production quickly because the rest of Ruger is "so busy". that just not jive with my experience with corporations. In my experience, corporations are much more likely to ignore the fact they are too busy, would be better off postponing a project, and push forward anyway.

As for head count. Ruger doesn't need firearms experience to get the Marlin lines working. They need CNC machine operators and they need assemblers. neither require previous firearms experience in general or Marlin rifle experience specifically.

Custom shop, warranty work, engineering, product manager etc could be a different story. but the production line??? not so much. Those jobs should be easy to fill.

[k1dude]

25 + years working for corporations that manufacture something or other.
Currently employed by a fortune 500 Aero space company. I have NEVER, EVER seen any of my previous or current employer lay out a significant investment then do nothing with it because the rest of the company was "too busy". Given your background I am surprised you would suggest they might not setup Marlin production quickly because the rest of Ruger is "so busy". that just not jive with my experience with corporations. In my experience, corporations are much more likely to ignore the fact they are too busy, would be better off postponing a project, and push forward anyway.

As for head count. Ruger doesn't need firearms experience to get the Marlin lines working. They need CNC machine operators and they need assemblers. neither require previous firearms experience in general or Marlin rifle experience specifically.

Custom shop, warranty work, engineering, product manager etc could be a different story. but the production line??? not so much. Those jobs should be easy to fill.

There's so much wrong with what you posted I'm not going to waste my time responding.

[1859sharps]

There's so much wrong with what you posted I'm not going to waste my time responding.

LOL... ok lets just say we have had very different experiences.

as for my comments about their production line....I didn't just pull that stuff out of thin air. I read their job postings.

[SamGoldstein]

Well, I'm wondering if my 1894CB with JM stamp made in North Haven is worth anything now that Ruger purchased the company from Remington. Sounds like parts and service are gonna be a problem for the older original Marlins. Stinks!

[Imageview]

I'm sure you could find a buyer.

[golfish]

Well, I'm wondering if my 1894CB with JM stamp made in North Haven is worth anything now that Ruger purchased the company from Remington. Sounds like parts and service are gonna be a problem for the older original Marlins. Stinks!

These guns have been around for a long long time. I do think you'll have s hard time finding parts.