Sturm, Ruger & Company, Inc. Reports Sale of Non-Manufacturing Real Estate
March 08, 2007
Sturm, Ruger & Company, Inc. (NYSE-RGR) announced that it sold 42 parcels of non-manufacturing real property located in New Hampshire for $7.2 million today. The purchaser of the property was William B. Ruger, Jr., the Company's former Chief Executive Officer and Chairman of the Board.

The Company expects to realize a gain of approximately $5.1 million from this sale in the first quarter of 2007. In December 2006, the Company announced its intention of selling non-manufacturing real property assets and artwork. This sale included substantially all of the Company's non-manufacturing real property assets in New Hampshire.

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