Ruger Opening Third Plant in NC

new Ruger plant in NC

Ruger announced they will be opening their third manufacturing plant in North Carolina.  There has been a great deal of speculation since Ruger president and CEO Michael O. Fifer announced a search was underway at the April 30 shareholder meeting.

The new facility will eventually employ about 500-700 people and will produce about ten new lines of firearms according to Fifer.

General Information

ATF Facts and Trends

There were some interesting tidbits of information in “Firearms Commerce in the United States 2011” published recently by the ATF.

Manufacturing – There are 5400 licensed firearms manufacturers in the United States.  Going through my web browser’s bookmarks, I clearly have only a small fraction of that number on my radar.

ATF logo

It stands to reason that if the USA is built on small business, so is the firearms industry.  While not everyone is a Remington, Ruger or Smith & Wesson, a manufacturer doesn’t need to be massive to be profitable.  There are a lot of small manufacturers that are building custom rifles, race guns and other niche firearms.  Thousands of them, actually.