Market Overview

Sturm, Ruger & Company, Inc. Announces Pending Purchase of Third Manufacturing Facility in Mayodan, North Carolina

Share:

Sturm, Ruger & Company, Inc. (NYSE: RGR) announced today that it plans to open its third manufacturing plant, a 220,000 square foot facility in Mayodan, North Carolina. This will be the Company's first major expansion in over 25 years and it is expected to be finalized in August.

The Company currently employs over 2,000 people in its two plants in Newport, New Hampshire and Prescott, Arizona.

About Sturm, Ruger

Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. The only full-line manufacturer of American-made firearms, Ruger offers consumers over 400 variations of more than 30 product lines. For more than 60 years, Ruger has been a model of corporate and community responsibility. Our motto, “Arms Makers for Responsible Citizens,” echoes the importance of these principles as we work hard to deliver quality and innovative firearms.

 

Related Articles (RGR)

View Comments and Join the Discussion!

Posted-In: M&A News Press Releases