June 25, 2016

Ruger Looks To Open Third Gun Plant

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(GunNews.com) — Sturm Ruger & Co. is looking to open a third manufacturing facility, CEO Michael Fifer said at the company’s annual meeting in Prescott, Ariz. on April 30. Reason: “We are running out of space,” Fifer said.

The arms manufacturer, based in Southport, Conn., has major facilities in Newport, N.H., and Prescott. Fifer said that the company hired a search firm from Austin, Texas, and had talked about opening a third facility with Texas Gov. Rick Perry.

According to Fifer, Ruger will use the new facility to build new lines of firearms, not to expand production of current firearms. Fifer stated he expects the new facility would build about ten completely new firearm lines.

The company is looking for a 250,000-square-foot existing building that would employ from 500 or more workers over the next five or six years. Fifer’s specs for the new facility: a relatively new building, not in a big industrial park, an available manufacturing workforce that could pass criminal background checks and drug tests.

In the last half-decade, Ruger has quadrupled its rate of production in the same fixed space, increasing its total workforce to 2,100.

Fifer said he had no plans to move Ruger’s headquarters from Connecticut.

Read more.

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