Sturm Ruger And Co Inc
Sturm, Ruger & Company, Inc., and Subsidiary is principally engaged in
the design, manufacture, and sale of firearms to domestic customers. Virtually
all of the Company’s sales were from the firearms segment, with less than
1% from the castings segment. Export sales represent approximately 4% of firearms
sales. The Company’s design and manufacturing operations are located in
the United States and almost all product content is domestic.
The Company has been in business since 1949 and was incorporated in its present
form under the laws of Delaware in 1969. The Company primarily offers products
in three industry product categories – rifles, pistols, and revolvers.
The Company’s firearms are sold through independent wholesale distributors,
principally to the commercial sporting market.
The Company manufactures and sells investment castings made from steel alloys
for internal use in the firearms segment and has minimal sales to outside customers.
The Company established a metal injection molding (“MIM”) subsidiary,
whose production is intended to supply the firearms segment, with only minimal
outside sales. The castings and MIM parts sold to outside customers, either
directly to or through manufacturers’ representatives, represented less
than 1% of the Company’s total sales for the year ended.
Firearms Products
The Company presently manufactures firearm products, under the “Ruger”
name and trademark, in the following industry categories:
Rifles Revolvers
· Single-shot · Single-action
· Autoloading · Double-action
· Bolt-action
· Modern sporting
Pistols Shotguns
· Rimfire autoloading · Over-and-under
· Centerfire autoloading
Firearms
The Company produces one model of pistol, all of its revolvers and most of its
rifles at the Newport, New Hampshire facility. Most of the pistols are produced
at the Prescott, Arizona facility. A limited number of rifle models and one
pistol model are produced at the Mayodan, North Carolina facility, which began
operations in the latter months of 2013.
Many of the basic metal component parts of the firearms manufactured by the
Company are produced by the Companys castings segment through processes known
as precision investment casting. The Company also uses many metal injection
molding (“MIM”) parts in its firearms. In November 2014, the Company
established a metal injection molding (“MIM”) subsidiary, whose
production is intended to supply the firearms segment, with only minimal outside
sales. The Company believes that investment castings and MIM parts provide greater
design flexibility and result in component parts which are generally close to
their ultimate shape and, therefore, require less machining than processes requiring
machining a solid billet of metal to obtain a part. Through the use of investment
castings and MIM parts, the Company endeavors to produce durable and less costly
component parts for its firearms.
All assembly, inspection, and testing of firearms manufactured by the Company
are performed at the Companys manufacturing facilities. Every firearm, including
every chamber of every revolver manufactured by the Company, is test-fired prior
to shipment.
1.09%