Sturm, Ruger

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Sturm, Ruger & Company Template:Nyse is a Connecticut-based manufacturing company composed of three divisions: Ruger Firearms, Ruger Investment Castings, and Ruger Golf. The best known division is the first one, because Sturm, Ruger was formed as a firearms company - in fact, the firearms division is often called "Sturm, Ruger" even though "Sturm" is no longer part of its official name. Ruger is the largest American firearms manufacturer.

Image:Ruger vaquero.jpg

Sturm, Ruger & Company was founded by William B. Ruger and Alexander McCormick Sturm in 1949 in a small, rented machine shop in Southport, Connecticut. They initially produced a .22 caliber pistol (see Ruger MK II), which became so successful that it launched the entire company. Ruger Firearms is now the nation's largest firearms manufacturer, and the only one producing firearms in all four market segments: rifles, shotguns, pistols, and revolvers.

Ruger has absolute dominance of the .22 rimfire rifle market in the U.S. with its Ruger 10/22, and has had that dominance for some years now that was assured by its inexpensiveness and high quality. It has produced a custom edition of it sold only by Wal-Mart.

Ruger similarly dominates the .22 rimfire semiauto pistol market with the Ruger MK II. Like the 10/22, the MkII is extremely well supported with a variety of good aftermarket accessories.

Ruger Casting has plants in New Hampshire and Arizona, making ferrous, ductile iron and commercial titanium castings. Ruger Golf makes steel and titanium castings for golf clubs made by a number of different brands.

Sturm, Ruger stock has been publicly traded since 1969, and became a New York Stock Exchange company in 1990 (NYSE:RGR). After Alex Sturm’s death in 1951, William B. Ruger continued to direct the company and until his death in 2002.

From 1949 through 2004, Ruger has built over 20 million firearms, and currently offers hundreds of models for hunters, target shooters, collectors, and law enforcement.

1 Corporate governance
2 Products
3 See also
4 External links

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Corporate governance

Current members of the board of directors of the company are: John Cosentino, Richard Cunniff, John Kingsley, William Ruger, Stephen Sanetti, James E. Service, and Joseph Strasser.

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