Uhh, That’s Not A Marlin Lever Action

Examine the picture below. It was used by The Motley Fool website to illustrate a story regarding Ruger’s completion of the Marlin Firearms acquisition as a result of the Remington bankruptcy.

For some reason I don’t think the author was the one who picked the picture used to illustrate the story. That is because the story itself was pretty much on the money when it came to the background of Marlin and the impact the Freedom Group purchase initially had on quality.

Now I don’t claim to be an authority on everything lever action but I do know a Savage 99 from a Marlin 336. I have a couple of the former and one of the latter. I also know that the rotary magazine of the Savage lent itself to the use of the cartridges with spitzer bullets shown in the picture. Marlin lever actions, being tube fed, would generally use round or flat nose bullets.

The rule of thumb for a publication should be to let someone who knows a little bit about firearms pick the picture to illustrate your story on firearms.

UPDATE: A closer examination of the cartridges used in the photo show that many of them are flat nose bullets. I had to download the picture and enlarge it to actually see it. On first glance, I thought they were spitzer bullets with exposed lead tips.

Ruger On Marlin Assets Purchase

Ruger is cautious in their public statements. I think that is why they waited until today to make an announcement of their winning bid for the Marlin firearms assets of Remington Outdoor Company. The bid was only approved by the US Bankruptcy Court for the Northern District of Alabama yesterday.

Ruger will be paying $30 million from cash on hand for these assets and expects to close on the purchase this coming month. When Cerberus Capital Management bought Marlin in January 2008, the terms of the deal were not released. However, I think it would be a good assumption that Cerberus paid a lot more than $30 million. In that deal, Cerberus not only got Marlin, but also H&R, New England Firearms, and L.C. Smith.

I think Marlin fans and lovers of lever guns will rejoice given the comments of Ruger CEO Chris Killoy below:

“The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up,” said Ruger President and CEO Chris Killoy. “The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings.”

The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.

“The important thing for consumers, retailers and distributors to know at this point in time,” continued Killoy, “is that the Marlin brand and its great products will live on. Long Live the Lever Gun.”

As Michael Bane said on his podcast today, Ruger knows how to make firearms and this is good for Marlin.

Remington Outdoor Company Bankruptcy Update

What Cerberus put together to eventually form Remington Outdoor Company aka Freedom Group, the US Bankruptcy Court for Northern Alabama is taking apart. A court filing today has the results of the auction for the various components of the company. It was first reported by Dan Zimmerman at TTAG.

Earlier in September, I reported that JJE Capital was the stalking horse bidder for Remington’s ammunition business. That was to set the floor. The final bids were released today. These will be subject to approval of the court in a hearing to be held on Tuesday, September 29th.

From the Notice filed with the Bankruptcy Court today:

Vista Outdoor, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit A with respect to the Lonoke Ammunitions Business and certain IP assets; and SIG Sauer, Inc. as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit B with respect to the Lonoke Ammunitions Business;
Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with respect to certain Firearms Business IP assets and Exhibit E with respect to certain non-Marlin Firearms Business inventory, respectively;
Sierra Bullets, L.L.C. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit F with respect to the Barnes Ammunitions Business; and Barnes Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit G with respect to the Barnes Ammunitions Business;
Sturm, Ruger & Company, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit H with respect to the Marlin Firearms Business; and Long Range Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit I with respect to the Marlin Firearms Business;
JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brands;
Franklin Armory Holdings, Inc., or its designated assignee, as the Successful Bidder with respect to the Bushmaster brand and certain related assets; and
Sportsman’s Warehouse, Inc. as the Successful Bidder with respect to the Tapco brand.

If these bids are approved, Vista Outdoor will become an even larger player in the civilian ammunition market with the addition of Remington’s ammunition factory in Arkansas.

The other big story is that Ruger will be adding the Marlin lever action lineup of rifles to its product line. It is unknown if they will keep the old name or market them under the Ruger name.

JJE Capital is the owner of Palmetto State Armory among other companies. DPMS will be a good fit for them as will H&R in the budget category. I’m not sure of their intention for Parker which makes the reproduction Parker shotguns nor what they plan to do with suppressor maker AAC or barrel maker Stormlake.

Franklin Armory getting Bushmaster will be a good fit for them. Likewise, Sierra Bullets adding Barnes Bullets to their lineup makes sense.

Roundhill Group, LLC is a property management group out of Virginia according to a story out of New York. I’m not sure if that is the correct Roundhill as there are a number of companies by that name with various spellings. Nonetheless, they will be getting the non-Marlin firearms business which would include Remington itself and presumably Dakota Arms. The story indicates a bit of unease in Ilion, NY where the Remington factory is the largest employer in Herkimer County. The backup bidder for this part of the assets includes Century Arms. I would hate to see what they would do with Remington.

Finally, Sportsman’s Warehouse is getting Tapco. I presume they intend for this to be used to provide accessories to be sold in their chain of stores.

The Wall Street Journal does bring up an interesting point in their report on the breakup of Remington into pieces. What happens now with the Connecticut lawsuit?

The Covid-19 pandemic and civil unrest have Americans stocking up on guns and ammunition, but Remington said it was short of funds, despite having erased hundreds of millions of dollars in debt in a 2018 bankruptcy.

The company is facing a lawsuit over its marketing of the Bushmaster rifle, which was used in the December 2012 killing of 20 children and six adult school staffers at Sandy Hook Elementary School in Newtown, Conn.

The 2020 bankruptcy halted a lawsuit brought by the families of some of the Sandy Hook victims, which had been preserved in the first pass through chapter 11.

Remington hasn’t said what its drive to throw its assets on the bankruptcy auction block would mean for the Sandy Hook lawsuit or for company retirees who crowded into a session with bankruptcy administrators, asking what would become of their benefits.

No Changes To What Ruger Makes And Sells

A shareholder proposal put forth by Catholic Health Initiatives and the Northwest Coalition for Responsible Investment for a vote by Ruger shareholders passed. The proposal which was opposed by the board of directors requires the company to prepare a report on “on how it tracks violence associated with its firearms, what kind of research it is conducting related to so-called smart gun technology and its assessment of the risks that gun-related crimes pose to the company’s reputation and finances.”

The measure was spearheaded by Colleen Scanlon who is the chief advocacy officer for Catholic Health Initiatives which is an organization of over 100 Catholic run hospitals.

From CNN Money:

The proposal was spearheaded by Colleen Scanlon, senior vice president and chief advocacy officer for Catholic Health Initiatives, a system of hospitals and academic institutions. Her organization was one of four shareholders who spoke at the meeting, and all of them asked the Ruger executives what they were going to do about gun violence and gun safety.

“We as shareholders are saying that gun violence is significant enough that you, as a gun company, need to address what your responsibility to gun safety is,” said Scanlon to CNNMoney.

She said that hospitals within the Catholic health system have treated many patients with gunshot wounds, and she wants Ruger to focus on smart gun technology. She said that her institution was one of 11 religious shareholder organizations to draft the proposal

“Wouldn’t it be wonderful to see them leading an effort about making a smarter gun, like fingerprint activated guns and tracking systems for finding lost or stolen guns, like with iPhones?” she said. “We know that gun owners are responsible and sensible people, but we know that guns can end up in the wrong hands.”

You can read the shareholder proposal here along with the rationale given for its passage. I would note that any supporting documentation that relies on the Violence Policy Center is suspect. The firm Institutional Investor Services which advises on shareholder proposal urged passage which I assume is the reason some of the major institutional investors vote for it.

Ruger sent out an email this evening with their response to the passage of the shareholder proposal.

The same coalition that pushed this anti-gun nonsense on Ruger will be attempting to do the same thing to American Outdoor Brands Company aka Smith & Wesson. This is the danger that we should come to expect in the future for firearms companies and those that do business with them. I foresee a time in the not too distant future when you will see most of these public companies going private to avoid having to deal with this.

I think it is important that you know just which religious orders are behind these proposals. I’m Catholic but I’ll be damned if I agree with any of these nuns. I certainly wouldn’t be making any contributions to their orders.

Northwest Coalition for Responsible Investment

  • Adrian Dominican Sisters
  • Benedictine Sisters of Cottonwood, Idaho
  • Benedictine Sisters of Mt Angel
  • Congrégation des Soeurs des Saints Noms de Jésus et de Marie
  • Congregation of the Sisters of St. Joseph of Peace
  • Jesuits West
  • PeaceHealth
  • Providence Health & Services
  • Northwest Women Religious Investment Trust
  • Sisters of the Holy Names of Jesus and Mary, U.S. Ontario Province
  • Sisters of Providence, Mother Joseph Province
  • Sisters of St. Francis of Philadelphia
  • Sisters of St. Mary of Oregon
  • Tacoma Dominicans

Catholic Health Initiatives

Thirteen congregations of women religious either founded or later joined Catholic Health Initiatives. These congregations support and influence the mission of Catholic Health Initiatives and its public juridic person, Catholic Health Care Federation. Each Congregation appoints a person to represent them at semi-annual meetings with the Board of Stewardship Trustees.

Esther Anderson, OSF, PhD
Sisters of St. Francis of Philadelphia
Philadelphia, Pennsylvania

Alice Armata, OP
Congregation of the Dominican Sisters of St. Catherine of Siena
Taos, New Mexico

Nadine Heimann, OSF
Sisters of St. Francis of Colorado Springs
Colorado Springs, Colorado

Joanne Klinnert, OSF
Franciscan Sisters of Little Falls, Minnesota
Little Falls, Minnesota

Joan Elizabeth Cook, SC
Sisters of Charity of Cincinnati
Cincinnati, Ohio

Sharon Ford, RSM
Sisters of Mercy of the Americas, West Midwest Community
Omaha, Nebraska

Sally Marie Kiepura, CSFN
Sisters of the Holy Family of Nazareth
Des Plaines, Illinois

Mary Jo Lewis, MD
Associate Member
Sisters of the Presentation of the Blessed Virgin Mary
Fargo, North Dakota

Ann Marie Friederichs, OSF
Sisters of St. Francis of the Immaculate Heart of MaryHankinson, North Dakota
Hankinson, North Dakota

Susan Gatz, SCN
Sisters of Charity of Nazareth
Nazareth, Kentucky

Francis Schumacher, OSB
Benedictine Sisters of Mother of God Monastery
Watertown, South Dakota

Diane Traffas, OP
Dominican Sisters of Peace
Columbus, Ohio

Sr. Mary Jon Wagner, OSF
Sylvania Franciscans
Sylvania, Ohio

Representative of Partnering Congregations

Sr. Nancy Miller, OSB
Benedictine Sisters of Annunciation Monastery
Bismarck, ND

UPDATE: The full transcript of the Ruger annual meeting can be found here. You will note some of the nonsensical questions posed to Ruger CEO Chris Killoy by “religious leaders”.

UPDATE II: For an excellent summary of the shareholder proposal accomplished, please read this editorial by Jim Shepherd of the Outdoor Wire. He compared it to a fly buzzing around a cow. It is pestering rather than the steering claimed by proponents.

Ruger Sponsors Shooting Team

Ruger has announced that they will be sponsoring a shooting team. The official announcement is below but their PR Manager, Paul Pluff, let the cat out of the bag on Sunday on Tom Gresham’s Gun Talk radio show. One of the things he noted on the show was Ruger’s interest in developing up and coming junior shooters. Given Pluff’s service on the Board of Directors of the Scholastic Shooting Sports Foundation, he has seen many of these juniors in action.

Sturm, Ruger & Company, Inc. (NYSE-RGR) is proud to announce the launch of its professional shooting team. This move marks Ruger’s formal debut in the competitive shooting sports arena. Leading this team is newly signed world champion shooter Doug Koenig and more shooters will be announced in the coming weeks.

“We are very excited to introduce Team Ruger, and particularly with a shooter of Doug Koenig’s caliber at the helm,” said Chris Killoy, Ruger’s President and CEO. “Doug is an outstanding addition to the Ruger team, bringing both a winning attitude and a true passion for growing the shooting and outdoor sports to the team.”

In addition to serving as Team Ruger’s Captain, Doug will also represent the Company as an official Brand Ambassador. Highly regarded for his talents, Doug is an athlete, lifelong hunter and world champion professional shooter. Doug began shooting competitively at the age of 17, winning both regional and national competitions. Since turning Pro in 1990, he has shot a perfect score of 1920 an unprecedented 17 times at the NRA Bianchi Cup. As he approaches his 31st year competing, this 18-time Bianchi Cup Champion’s wins include more than 70 National and 10 World titles.

“I am thrilled to join Team Ruger and partner with such an iconic brand in our industry,” said Koenig. “Ruger’s depth and breadth of products is a perfect fit for both my competitive shooting and hunting endeavors,” he concluded.

Doug also hosts his own TV show, “Doug Koenig’s Championship Season,” where Ruger is now the Presenting Sponsor. Each week, the show features a gritty combination of fast-paced shooting competition and wild hunting adventure – all with rugged, reliable Ruger® firearms.

Media and team inquiries should be directed to Paul Pluff, Public Relations Manager and coordinator for the new shooting team.

Getting Doug Koenig from Smith & Wesson is a coup for Ruger. Not only is a coup but it indicates the seriousness with which they are embarking on this new endeavor. Someone with the stature of a Doug Koenig is not going to switch teams on a whim and he had to be assured Ruger was serious about it. I would not be surprised to see a “Doug Koenig Special” 1911 being released down the road.

From what I understand, the rest of the Ruger shooting team will be introduced at the SHOT Show. It will be interesting to see who all is on the team in addition to team captain Doug Koenig.

Ruger Reintroduces The SP-101 In 9mm

The Ruger SP-101 in 9mm Luger (or Parabellum) had become something of a cult favorite with prices to match. Possible reasons for this may have been it was discontinued in 1998 with limited numbers on the market or because 9×19 ammo tends to be cheaper than either .38 Special or .357 Magnum ammo. It was originally available in both the 2.25″ and 3″ barrels and used moon clips to hold the non-rimmed ammo.

This week Ruger answered the prayers of those that wanted a SP-101 in 9mm but didn’t want to pay twice the price of a .38 or .357 Mag model. They have reintroduced the SP-101 in 9mm with a 2.25″ barrel.  MSRP on the reintroduced model is $719 but I’m sure the street price will be significantly lower. Checking gunbroker.com, I see them being sold for as low as $519 plus shipping.

SP-101 in 9mm 

Here are the specs on the reintroduced model:

  • GripsBlack Rubber, Black Synthetic
  • Front SightBlack Ramp
  • Barrel Length2.25″
  • MaterialStainless Steel

 

  • Capacity5
  • Rear SightIntegral
  • Twist1:16″ RH
  • FinishSatin Stainless

 

  • Overall Length7.20″
  • Weight25 oz.
  • Grooves5
  • CA ApprovedNo
  • MA Approved & CertifiedNo
  • Suggested Retail$719.00

I have a 3″ SP101 in .357 Magnum that I bought used a few years ago. With .38 Special wadcutters, it is the ideal gun to introduce new shooters to a center-fire handgun. The weight of the revolver makes it a very soft shooting handgun.

The new or reintroduced SP101 will definitely go on my “have to check it out” list.

Rimfire Challenge To Transition From NSSF To RCSA

Despite what Asheville’s Thomas Wolfe once wrote, you can go home again.

The Ruger Rimfire Challenge was originally developed by Ken Jorgenson of Ruger, Michael Bane, and the late Nelson Dymond. In 2014, the responsibility for running the Ruger Rimfire Challenge passed to the National Shooting Sports Foundation and it became known as the NSSF Rimfire Challenge. On January 1, 2018, the Rimfire Challenge will pass to a new non-profit organization run by Jorgenson and Bane called the Rimfire Challenge Shooting Association. Thus, it will have closed the circle and returned home to its founders.

Below is the NSSF’s press release, in part, on the transition:

NEWTOWN, Conn. — The National Shooting Sports Foundation® (NSSF®), the trade association for the firearms industry, is proud to announce that the NSSF Rimfire Challenge will be transitioned to a new organization: the Rimfire Challenge Shooting Association. The transition takes place Jan. 1, 2018.


Originally developed by Sturm, Ruger & Co.’s Ken Jorgenson, along with author and TV personality Michael Bane and the late Nelson Dymond, a long-time and well-known shooting match director who held a strong passion for rimfire firearms, the program was first known as the Ruger Rimfire Challenge. NSSF took over the administration of the program in 2014, changing its name to the NSSF Rimfire Challenge. The new organization will be led once again by Ken Jorgensen and Michael Bane.


Designed to introduce new shooters to the shooting sports in an exciting, family-friendly format, Rimfire Challenge matches focus on competition with .22-caliber rifles and pistols. Matches are open to shooters of all ages and shooting experience levels, with events conducted at ranges nationwide and an annual World Championship taking place each October.


“It’s truly a great thing to see this program return home to the people who had this wonderful idea to begin with,” said Tisma Juett, NSSF Manager, Recruitment and Retention. “The NSSF is proud to have been a part of growing a shooting sport that has proven to be such a wonderful activity for mothers and fathers, sisters and brothers, neighbors and friends in which to participate. We wish Ken and Michael much success and look forward to many more firearms owners joining the shooting sports with them.”


“I am excited to once again be involved in the day to day operation of the Rimfire Challenge events,” said Jorgenson. “The concept originally created by Nelson and implemented as part of the Ruger Rimfire Challenge is as valid today as it was in the beginning. We will work to continue that vision and grow the rimfire competition opportunities for shooters of all skill levels.”


“I could not be happier to once again be a part of the Rimfire Challenge!” Bane added. “It is a wonderful sport, a way to bring whole families into the competition. Ken and I are committed to bringing the Rimfire Challenge to the next level. It’s going to be fun!”

Michael Bane makes the announcement of the change on the video portion of his weekly podcast. You can see it at this link. As he notes, the first year will be about stability and communication. He doesn’t see any major rule changes coming immediately. The existing rulebook along with examples of courses of fire can be found here.

All shooting competitions go through life cycles and I think change like this is important. New management and new ideas along with a fairly low cost of entry should help the Rimfire Challenge continue growing and bringing in new shooters. The more that we can show that the shooting sports are fun, the less likely that the gun prohibitionists will be to convince the general public that guns are “icky”.

Two New Ruger Handguns Released Pre-NRA Annual Meeting

Sturm, Ruger & Co. released two new handgun models on Friday. The first was an addition to the LCRx line in .22 LR and the second was their a laser-integrated version of their LCP II.

The LCRx is the exposed external hammer version of the LCR. Previously only available in .38 Special +P and .357 Magnum, the new LCRx in .22 LR features a 3″ barrel, 8-shot capacity, adjustable rear sights, Hogue Tamer grips, and the other features that made the LCR famous. Given all of this, it has the makings of a updated and more modern kit gun at an MSRP about $200 less than the S&W Model 317 Kit Gun.

The specs on the LCRx in .22 LR are here.

The second new handgun model is the LCP II with a factory-installed Viridian E-Series red laser. What makes this really interesting is that the laser is from Viridian and not from Crimson Trace. Ruger had for years worked with Crimson Trace on grip-integrated lasers as well as frame-integrated laser. This is just speculation on my part but the purchase of Crimson Trace by competitor Smith & Wesson undoubtedly played a part in switching to Viridian lasers.

The specs on the LCP II with Viridian E-Series laser are here. The addition of the Viridian laser adds $90 to the MSRP of the LCP II bringing it up to $439. That’s not too bad and having a laser in such a small gun would be a plus in my humble opinion.

All in all, Ruger has two new winners here. I’m anxious to see what is released at the end of the month in Atlanta at the NRA Annual Meeting.

SHOT SHOT Day One – Gunblast.Com

Jeff Quinn in this report on Day One of the SHOT Show starts off with a great interview of Ruger CEO Mike Fifer. The other highlights were a Colt representative talking about the reintroduced Colt Cobra and a discussion by Linda Powell of Mossberg’s new 590 Shockwave shotgun. This latter product is quite interesting in that it is a pistol-gripped 14″ shotgun that does not require a NFA tax stamp.

To read more about the Mossberg 590 Shockwave, go here.  Ammoland.com does report that the shotgun is sold with this disclaimer:

Disclaimer: Although the Mossberg 590 Shockwave is classified as a “firearm” under the Gun Control Act of 1968 (GCA), and is not subject to the provisions of the National Firearms Act (NFA), state and local laws may be more restrictive. Even though, it is legal federally, the 590 Shockwave may be considered a “short-barreled” shotgun or “assault weapon” by certain state and local laws; and therefore illegal to possess. Please check with your local authorities concerning the legality of possessing a firearm of this configuration.

Checking North Carolina law, 14 NCGS § 14-288.8.(c)(3) classifies a shotgun as a “weapon of mass death and destruction” if it has “a barrel or barrels of less than 18 inches in length or an overall length of less than 26 inches.” If you have a Federal tax stamp then possession of such a shotgun is permitted. As I read this – and I’m not a lawyer – the shotgun must be both greater than 26 inches overall in length and must have a barrel of 18 inches in length or greater. By using “or” instead of “and” in the description of such a prohibited shotgun the legislative intent is that both conditions must be met. This leads me to say that this is a law that needs changing as I’d like one of those shotguns!


UPDATE: Regarding North Carolina law and the legality of possessing the Mossberg Shockwave, I received this message on Facebook from fellow blogger Chris Maynard.

It is not a shotgun because it never had a stock, rather a pistol grip from the factory… If it was under 26″ in length, it would be an AOW… But over 26″ makes it a “firearm”… Per federal law…

So that should mean that it is not restricted by NC law supposing they follow the federal definition of “shotgun”

But the same statute also restricts ” Any type of weapon (other than a shotgun or a shotgun shell of a type particularly suitable for sporting purposes) which will, or which may be readily converted to, expel a projectile by the action of an explosive or other propellant, and which has any barrel with a bore of more than one-half inch in diameter” so this gun should qualify under that.