Sounds like a big mess down there and a whole lot of pink slips, including my favourite division, the custom shop.
It just blows me away how that company manages to keep punching golden geese in the damn head.
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Sounds like a big mess down there and a whole lot of pink slips, including my favourite division, the custom shop.
It just blows me away how that company manages to keep punching golden geese in the damn head.
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WHAT? Do you have a link or something?
No. But I hear Advanced Systems took a beating too...does not sound pretty.
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Link?
A friend of mine worked there for about a year before leaving last June said Colt was already $6 mil in debt.
I don't have a link to anything.
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I'm just looking to see if I can find any information that I can link to, hang on
Sorry guys I don't think there's any information I can link to.
My understanding is that Advanced Systems is shut down entirely, as is the Custom Shop. Colt Canada will be stripped down to little more than the C8 production line and the extraneous people just had their jobs eliminated. The SWORD and MRR programs sound like they're shelved. From the sounds of things, a lot of job losses.
That's what I am hearing, anyway.
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The custom shop is reportedly responsible for many of their recent engineering feats (gettting the defenders to run reliably, design work on the Cobra, etc.). If true: bad. There go my dreams of a lightweight 9mm commander with the custom shop package on it.
My guess is that wars and the fear Obama years were keeping them afloat. I haven't looked at Colt for anything new in a long time.
Last year I posted a picture of a NIB Gold Cup, a gun that is supposed to be match quality, that had a bushing so loose that you could drive a credit card through the slide to bushing fit.
Colt had a shot at making the original Kimbers. The issue was that the machinery needed to hold the tolerances required automation, which meant less labor, and the union would not go for that. Jericho got the business instead.
Maybe it has something to do with this.
http://www.australiandefence.com.au/...olt-small-arms
Quote:
NIOA and Colt’s manufacturing company LLC have entered into an agreement to enable assembly and manufacture of Colt (including Colt Canada) small arms in Australia.