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Ruger to build $26M plant in NC

Keywords: Tags  Sturm Ruger & Co., firearms, precision steel castings, new manufacturing plant

CHICAGO — Sturm, Ruger & Co. Inc., a maker of firearms and precision steel investment castings, plans to build a $26-million manufacturing facility in Mayodan, N.C.

Ruger will receive up to $9.46 million over 12 years from the state Job Development Investment Grant (JDIG) program based on how many jobs are created at the 220,000-square-foot facility, said the company, which expects to hire more than 450 workers in North Carolina by the end of 2017.

Southport, Conn.-based Ruger makes firearms for hunting, target shooting, collecting, self-defense, law enforcement and government agencies. The company employs more than 2,000 people in Arizona, Connecticut and New Hampshire.

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