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MarketScreener Homepage  >  Equities  >  Nyse  >  Sturm, Ruger & Company, Inc.    RGR

STURM, RUGER & COMPANY, INC.

(RGR)
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Sturm Ruger mpany : Congressman Walker Visits Ruger Facility in North Carolina

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08/31/2015 | 05:06pm EST

U.S. Rep. Mark Walker (R-NC) today toured the Sturm, Ruger & Company, Inc. manufacturing facility here and met with employees and company executives. Ruger established this manufacturing facility in 2013 to accommodate its continued growth and has created approximately 200 jobs in the Mayodan area, with more expected in the future.

“As a testament to the power of domestic manufacturing and in the spirit of my commitment to the Second Amendment, I greatly enjoyed the tour of the Ruger factory,” commented Representative Walker. “This facility and its employees have a tremendous impact on Rockingham County and surrounding communities,” he concluded.

“We were delighted to have Representative Walker in for a visit,” said Mickey Wilson, Director of Operations for the Mayodan Facility. “Our employees are extremely proud of all we have accomplished in our short time here in Mayodan and it is always a pleasure to have an opportunity for them to show off a little. We thank Representative Walker for taking the time to meet with us and for his continued support of our critical Second Amendment rights,” he concluded.

According to the National Shooting Sports Foundation, the trade association for America’s firearms and ammunition industry, the total economic impact of the firearms and ammunition industry in the United States increased from $19.1 billion in 2008 to $42.9 billion in 2014, a 123% increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to more than 263,000, a 58% increase in that period.

About Sturm, Ruger & Co., Inc.

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.

Sturm, Ruger & Co., Inc. Arms Makers for Responsible Citizens®

The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.


© Business Wire 2015
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NameTitle
Christopher John Killoy President, Chief Executive Officer & Director
C. Michael Jacobi Non-Executive Chairman
Thomas Patrick Sullivan Senior Vice President-Operations
Thomas A. Dineen CFO, Principal Accounting Officer, Treasurer & SVP
John A. Cosentino Lead Vice Chairman
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