RE: Has Ithaca Gone Under?
I would suspect they have ceased operations. Although I doubt they would be bankrupt yet. I dealt with them 3 months ago, and yes their operation seemed to be in shambles. Not only were they sending out the wrong product at times, they were not even asking for those packages back!
Here are some relevant facts...
Various incarnations of Ithaca Gun have filed Chapter 11 bankruptcy four times since the early 1970s, with total liquidations occurring in 1986 and 1996.
Ithaca Gun sold its historic gun collection last year, (all the contents from the Ithaca Gun museum), and the buyer donated it to Bass Pro Shops so it could be preserved.