Sunday, June 23, 2013

Ruger Is The "Industry Leading Firearms Manufacturer" In Question

A little over a week ago I had a post regarding news that an "industry leading firearms manufacturer" was considering the town of Mayodan in Rockingham County, North Carolina for a plant expansion. Officials at the time would not name the company in question but did rule out Remington Arms which is headquartered in nearby Madison.

I speculated at the time that it would be Ruger because of remarks CEO Michael Fifer had made at the annual meeting. It turns out I was correct.

The News and Advance of Rockingham County confirmed that it was Ruger holding the interviews with potential new hires.
Darrell Freeman of Madison, Brad Young of Reidsville and Steven Sherwood from Davidson County heard about the manufacturer’s request for interview applications from different sources. Freeman said his wife saw an announcement on Facebook, while Sherwood heard a television news report and Young saw it on a news media’s website.

The three new friends confirmed the company considering a Mayodan location was Sturm Ruger & Co. – a Connecticut-based corporation with manufacturing facilities in New Hampshire and Arizona. They also said Mayodan was one of three potential locations for a new manufacturing plant.
Interviews with Ruger's consultants, Greyhill Advisors, by the Greensboro News-Record also confirmed that it would be Ruger. Locations in South Carolina and Texas are also under consideration. Daniel Kah, a spokesman for Greyhill said they were very pleased with the turnout in Mayodan especially given the short notice. As to how many employees would eventually be hired, he had this to say:
How many people will be hired is still unknown. Kah said it would be a “meaningful number of employees,” somewhere in the hundreds.

However, more jobs could develop.

“Depending upon what lines were located (at the plant ) and how the growth went, it could be somewhere between 300 and 500 people,” Kah said.
Kah went on to say that Ruger expects to make a decision in about two months.

Graham Pervier of the Rockingham County Partnership for Economic and Tourism Development told WFMY-TV News 2 that they were encouraged but realized the other sites were still under consideration.


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