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Sturm, Ruger & Company, Inc. Announces Pending Purchase of Third Manufacturing Facility In Mayodan, North Carolina

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.