^ What he said.
When Para first hit they market they were marketed as a gun to be stripped down and built back up into a competition gun. The frame, slide, and barrel were good quality, but the rest of the parts were barely passable. Plastic triggers and reverse plugs, crap sears and hammers, etc... Properly built, they were great guns and I still have one built by EGW that runs like a sewing machine.
Because of the widebody and 14+1 capacity in the 1911 platform they were quite successful in the IPSC limited class when most competitors were running single stack 1911s. Once USPSA split the limited division and made a dedicated single stack division, their popularity dropped off.
At whatever point they moved from Canada to North Carolina the quality took a serious hit. It was during this time they introduced those horrid LDA (light double action) 1911 pistols and the whole "Hawg" line.
Tolerances were crap, quality was crap, and lots and lots of people had nothing but problems with them. To that they were struggling when Remington/Freedom bought and absorbed them. I suspect based on the new Rem widebody 1911 they bought them for the technology and have moved production to one of their existing locations.