Perhaps this is part of the ammo shortage?
UPDATE: The Wall Street Journal report on which this post was based was premature. JJE Capital Holdings has put in a bid for Remington’s ammunition business. However we’ve spoken to Remington and the JJE bid is one of a number that have been received, both for Remington as a whole and for individual business lines. Most haven’t been made public yet.
The bankruptcy court has until September 17th to accumulate all bids and then will finalize the sale(s) on September 24th.
Two manufacturing facilities are on the list.