The Rumors are True!

[Charles Daly]

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.

We will allow this forum to remain open as long as all discourse remains civil. If any posts deteriorate to a level that is beneath the standards of this forum then the forum will be closed to all posters and will only exist for announcements from KBI.

Again, I wish to thank all of you that have supported our company, this forum and Charles Daly these past 20 years. This spells the end of KBI but I imagine it will certainly not mean the end of Charles Daly and CD Defense. Look for this excellent brand to resurface in the very near future.

Sincerely,

[Bullwinkle]

Best of luck to you and everyone else at K.B.I.!!! You brought us some fine firearms over the years, and you'll be missed.

[Malachi.2.15]

Very sad news indeed. Even though I just picked up my first charles daly, I quickly felt like I had become a part of a close family when I came to these forums. My prayers are with you Mr. K and your employees.

I may be reading a little bit too much into what you are saying, but I'm hoping that this is business move...and we'll see you back real soon!

[Wangstang]

Mr. Kassnar,
I am very sad to hear this. Please post on AR15.com in the TAVOR thread to update the folks over there. There has been a large following of the project and many people are sad to see you close your doors.

Thanks
Wes

[wzzl13]

Sad to hear. Was just start to feel like part of the CD family. Especially with the news on new ideas obtain through this forum. Best of luck to y'all.

[Mustang-PaPa]

This forum has been a good one for many of us here.
The G4 was to be my first Charles Daly, but sadly that went away.
You have been in the gun bizz to long to get out now.
I can see you picking up the good pieces and moving forward with what works and sells.
Thanks for being an honest represenative of the gun community. Will be looking for CD and the hopefully creation of a G4 in the future. You know it will work and sell.

[Go Blue!]

This really is too bad. Mr. K you are one of a kind and the care you showed about your customers will not be forgotten. Throughout the firearms community it is well known how personally engaged your are in your customer's satisfaction. I only wish other companies would model their business practices after yours.

I wish you all of the luck in the world and will miss your products and this forum!

[Walkalong]

Man, that's a real bummer.

[JW380]

I am saddened by this news. The demise of your company is a statement on the current economic conditions in this country, and a loss to the firearms community.

I wish the best to you and all of the fine individuals at KBI/CD/CDD. I hope to see you back in the firearms business soon Mr. K. Your ethical business practices and your involvement in these forums were a bright spot in an industry with too few of those to mention.

[HES]

I am sorry to hear of this and with you the best of luck Mr. K. I have been very satisfied with your ARs both mechanically and for their value.