imschur Posted January 29, 2010 Report Share Posted January 29, 2010 To all our friends, fans, supporters and consumers of Charles Daly and by extension, KBI products, I regret to inform you that the rumors of our demise are true.KBI is going out of business and closing its doors, effective today.I don't want to go into each and every detail as to why this has occurred, except to say that there have been a multitude of events over the past five years that have contributed to our current situation.For those of you with ongoing service requirements, please be advised that we are currently negotiating with several companies that will be performing after-sale service of Charles Daly, CD Defense and Jericho firearms. As soon as we have finalized a contract with one of these companies we will post the name, address and contact details of that company so you will know who to contact to obtain service on your KBI firearm.The modern era of Charles Daly began in 1996 when K.B.I. Inc.'s president, Michael Kassnar acquired the brand. Kassnar and his family had been involved in importing firearms from around the globe for more than half a century and had actually been supplying Outdoor Sports Headquarters with Charles Daly products from 1976 to 1985.In keeping with the Charles Daly tradition of selling custom crafted firearms, K.B.I. Inc., began importing Italian and Spanish over-and-under and side-by-side shotguns and marketing them under the Charles Daly name. The line expanded with the inclusion of Charles Daly 1911 pistols and took off with the addition of a line of semi-automatic and pump action shotguns. Quote Link to comment Share on other sites More sharing options...
Microgunner Posted January 29, 2010 Report Share Posted January 29, 2010 I hate to hear anyone in the industry go under. Quote Link to comment Share on other sites More sharing options...
rodent.22 Posted January 30, 2010 Report Share Posted January 30, 2010 WOW- the way guns have been selling the last two years it's hard to believe. Quote Link to comment Share on other sites More sharing options...
imschur Posted January 30, 2010 Author Report Share Posted January 30, 2010 Yeah it makes you wonder what the reason is for sure. Quote Link to comment Share on other sites More sharing options...
Cyclone Posted January 30, 2010 Report Share Posted January 30, 2010 Bummer I just looked at a CD over/under 12 ga. Nice shotgun Quote Link to comment Share on other sites More sharing options...
asmurff Posted January 30, 2010 Report Share Posted January 30, 2010 They had their new G4 1911 stole out from under them by BUL and Magnum Research, I'm sure there is more than that, it may have just been the last straw.Waiting to see who they're going to set up for warranty work, I do have one of their Field Tactical Pump Shotguns. Quote Link to comment Share on other sites More sharing options...
Longitude Zero Posted February 1, 2010 Report Share Posted February 1, 2010 Sounds like internal issues not external forces at work here. Quote Link to comment Share on other sites More sharing options...
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