Sturm Ruger And Company Inc Company Profile

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.