Quote:
Originally Posted by jefferyconnor
I wonder if Remington lost money in the end buying Parker?
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To quote The Parker Story (page 163), "it is clear that this (Remington's acquisition of Parker) was not a wise move from a financial standpoint."
Remington paid over $750,000 just for the right to make Parker guns. During the seven years of production they produced a little over 6200 guns. They were plagued by high production costs and a dwindling market for high-quality doubles.