… with the purchase of a new 222,000 square foot plant in North Carolina.
July 08, 2013
(Ruger Company Press Release) – Sturm, Ruger & Co., 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.
John Richardson at No Lawyers, Only Guns and Money reports on where he believes the new plant will be location (and it’s pictured above).
UPDATE: While it hasn’t been confirmed, I believe the building that Ruger will use for its NC manufacturing plants is the old Unifi 15 plant. According to the NC Department of Commerce website listing available industrial sites, the building was built in 1989 and has a total of 221,600 usable square feet of space. It is located at the intersection of Cardwell Road and, I kid you not, Cupcake Trail in Mayodan. Looking at the location from Google maps, it appears to have plenty of room for expansion.