Federal Ordance

There is an M1 in .308 on an internet auction site that is built on a receiver marked Fed Ord Inc. While I have heard of National Ordnance 03A3 receivers, I have not heard of Federal Ordnance. Are they any good?

All I've ever head was bad enough I wouldn't bother. Here's a CMP thread for you. M1 Garand Tanker - CMP Forums

I remember Fed Ord from the '70s and it was synonymous with junk. Save your ducats.

Thanks, gentlemen, for the replies.