Bad news for Horton

Boo · Post by **Boo** » Tue Feb 17, 2009 11:21 am

Doesn't look good, seems that the bank owns them. That is sad!

DropTine · Post by **DropTine** » Tue Feb 17, 2009 11:36 am

Uh oh! Shouldnt have tried to imitate Excals perfection of the recurve limbs

Matt

terrym · Post by **terrym** » Tue Feb 17, 2009 11:48 am

That is actually scary. With more States bringing in crossbow seasons you would think that the market was getting bigger and I'm sure Horton was a player in the game. I hope that this doesn't spread to other companies.

Stash · Post by **Stash** » Tue Feb 17, 2009 11:54 am

Where does this news come from?

Hunter Dave · Post by **Hunter Dave** » Tue Feb 17, 2009 3:13 pm

Please provide details or source of information.
Are you saying Horton is going bankrupt??

Boo · Post by **Boo** » Tue Feb 17, 2009 3:45 pm

Hunter Dave wrote:Please provide details or source of information.
Are you saying Horton is going bankrupt??

I will not give you any more than what is below. The source is from an industry insider. Keep your ears to the ground on Parker as well(nothing like the other news)

You are correct. Heard the bank owns them. They have a great photo of their factory in China in the middle of their catalog.
They have gone from about 60 employees to about 8. I don't want to post this because it would look like I am bashing them and I am not. I have a couple friends still left over there and I feel bad for them.

dutchhunter · Post by **dutchhunter** » Tue Feb 17, 2009 4:42 pm

for years i was a big fan of the horton hunter i shot many deer with these bows never had a problem this was back when 150lb was plenety of power we would cut are arrows down and shot 95grain heads thy killed deer dead a few moose as well sad to see this kind of thing happen DUTCH

mikej · Post by **mikej** » Tue Feb 17, 2009 5:32 pm

that is too bad. apparently the economy in china is worse than it is here. any truth to that?

wabi · Post by **wabi** » Tue Feb 17, 2009 5:53 pm

With the financial situation in the US and the world I'm not suprised.
I just hope the government intervention into the economy produces some positive results in keeping manufacturers afloat, but I'm not holding my breath.
I just don't understand the whole situation, but if China owns the company and the company is failing, so China is going to loan the US money to bail them out. Seem to me China is the winner however it plays out.

Woody Williams · Post by **Woody Williams** » Tue Feb 17, 2009 6:05 pm

China does not own Horton.

Horton is/was owned by the Anderson Group.

They are a group that buys companies with the end goal to have the some, if not all, of their product made in their factories in China.

Looks like they have milked this cow until it ran dry.

Too bad. The company might be a cheap buy for someone....any bidders?

wildwindom · Post by **wildwindom** » Tue Feb 17, 2009 6:30 pm

Ive had several horton cross bows and never had a problem with any of them very sad news.

terrym · Post by **terrym** » Tue Feb 17, 2009 7:04 pm

OK. I'll handle the sales part if someone wants to buy the joint. Who's in? Then again I don't really like the bows, fuhgetaboutit !!!

mrxbower · Post by **mrxbower** » Sat Feb 28, 2009 10:12 am

was looking at hortons homepage and its been down for 7 days now

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Bad news for Horton

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