Maybe we should all pitch in and start a business and have all PFrs move to Texas?
They're effed. The days of a company protecting itself and its employees over the long haul is pretty dead and gone.
Welcome to the world of leveraged buy outs. Those who don't need the money can get it cheap and those who need the money can't get a penny.
Someone will buy, consolidate, and refinance the debt and move on. If the workers are lucky (like luckier than pharmaceutical folk-they've been getting crushed on this front) some of them might get jobs. Most will be fired due to redundancy and technology.
Yup, that's 5% unemployment in a booming US economy these days. The hell with reality, we own media outlets. Disinformation for all! /rant
And yes, Colt is certainly culpable, because they somehow made no money in the 5 year gun boom. Morons. The rest still stands on its own.
Fairness leads to extinction much faster than harsh parameters.
We need to get some rich Texas firearms enthusiasts in touch with Colt AND HK, like right now.
"Heckler & Colt plant to open in Texas" sounds good, right?
The Minority Marksman.
"When you meet a swordsman, draw your sword: Do not recite poetry to one who is not a poet."
-a Ch'an Buddhist axiom.
Oh but is the pension fund really funded? If you are thinking of Office people it looks like thay added nothing of value and if you are worried about union people ask the union what it is going to do for them.
I hope Colt as a manufactured and a brand survives as for the rest bah!
http://www.wsj.com/articles/colt-def...day-1434310925
Sent from my iPad
Likes pretty much everything in every caliber.