Here’s Ian of Forgotten Weapons with a capsule history of Colt, currently holding down the title of the Most Mismanaged Company in the Gun Racket. Seemed timely, with Colt having purged the Custom Shop lately, in an overall downturn in the industry that has seen Remington lay off a couple of hundred employees, mostly factory workers in Ilion, New York, but also including a senior executive bloodletting. Can more drama for Colt be right around the corner?
Some day, B-School students will study the machinations of the last few rounds of Colt owners… if the guys studying them aren’t law students doing a block on white-collar crime.
But through all that, the company has made some fantastic guns. As the current owners seem intent on demonstrating, there’s a lot of ruin in a great marque.
You can find Ian’s videos on YouTube, but the quality of the videos is better, and the advertisers pay him better, on Full30.com. You do want him to get paid, right? Any time there’s nothing happening here, go to Full30 and watch some of his videos. He needs the money!