RE: Bowtech Becomes A Savage
 

Gr8... No BowTech was never a publicly traded company; none of the "Big 3" are/were... That's why no one but the truly industry insiders ever know their numbers.

It's truly a deal to be extremely excited about as consumer. Obviously, it provides a huge influx of R&D dollars to take the technology to an even greater level, and with everything else status quo that only benefits the end user.

RE: Bowtech Becomes A Savage
 

Here is hoping that things go differently for Bowtech and Savage than what has happened to many corporations that grow or merge.

RE: Bowtech Becomes A Savage
 

Amen Cougs I have yet to see one that workout for the smaller company;)

RE: Bowtech Becomes A Savage
 

Savage Arms makes absolutely fantastic rifles and sell them at prices well below their rivals. Out of the box accuracy is a real trait of Savage rifles. I wouldn't expect this to adversely affect Bowtech at all.If anything, this makes me want a Bowtech more instead of less.

RE: Bowtech Becomes A Savage
 

Coming from someone who knows, first hand, what a buyout from a larger Co. can mean to a "smaller" company (with 'smaller' being relative.....our numbers are in the $100M's, annually)......I can't think of a negative for Bowtech. The influx of cash flow available to them, now (likely)......should do NOTHING but help them remain an industry leader.

Look at it more like they justacquired one HELLUVA financially stable stockholder.

RE: Bowtech Becomes A Savage
 

Well I am looking at from the "people" side.
The biggest irk from our former company is the way human resource issues are handled.

I am not looking at itthrough a cash flow stance. If people at bowtech get less benefits, it may irk them and they will leave.

I for one believe it is the people at Bowtech that have made them what they are. Sometimes in these mergers the arrogance of upper management seem to forgot what made them great.

People get mistreated and they leave. This has been my views of mergers/buy outs. Being I know nothing about SA it could be better, but who knows.

RE: Bowtech Becomes A Savage
 

Everything that was handled by BowTech before (e.g., human resources, customer service, etc.) will still be handled by BowTech. Nothing has changed except an incredible influx of working capital.

RE: Bowtech Becomes A Savage
 

Well that is good, like I said

I am still buying one:D

RE: Bowtech Becomes A Savage
 

That's what occurred in our instance, too, Greg. It's been "seamless" as far as our employess have been concerned. I actually haven't noticed ANY change.....OTHER THAN the fact that we now qualify to pursue additional projects.....based on our NOW elevated status amongst the industry leaders in our field.

My everyday (employee) life hasn't changed one bit. I credit our original owners for their foresight throughout the nogotiations. it's been 2+ years....and I haven't noticed one thing, different.

RE: Bowtech Becomes A Savage
 

Merger's are never good for the employees. Look out for the RIF (Reduction in Force)