 | |
| Company type | Public |
|---|---|
| NYSE: RGR S&P 600 Component | |
| Industry | Firearms |
| Founded | 1949; 76 years ago (1949) |
| Founders | William B. Ruger, Alexander McCormick Sturm |
| Headquarters | , U.S. |
Area served | Worldwide |
Key people | Ronald C. Whitaker (Chairman)[1] Christopher J. Killoy (President andCEO)[2] |
| Products | Revolvers,pistols,rifles,shotguns |
| Revenue | $664 million[3] (2016) |
595,840,000 United States dollar (2022)  | |
| $88 million[3] (2016) | |
Number of employees | 2,120[3] (2016) |
| Subsidiaries | Marlin Firearms |
| Website | www |
Sturm, Ruger & Company, Inc., better known by the shortened nameRuger, is an Americanfirearm manufacturing company based inSouthport, Connecticut, with production facilities also inNewport, New Hampshire;Mayodan, North Carolina; andPrescott, Arizona. The company was founded in 1949 byAlexander McCormick Sturm andWilliam B. Ruger and has been publicly traded since 1969.
Ruger producesbolt-action,semi-automatic, andsingle-shot rifles,semi-automatic pistols, and single- and double-actionrevolvers.[4] According to theATF statistics for 2022,[5] Ruger is the largest firearm manufacturer[6] in the United States, surpassingSmith & Wesson.
Sturm, Ruger & Company was founded byWilliam B. Ruger andAlexander McCormick Sturm in 1949 in a small rented machine shop inSouthport,Connecticut.[7]
Just prior to their partnership, Bill Ruger had successfully duplicated two Japanese"baby" Nambu pistols in his garage, from a captured Nambu that he acquired from a returningMarine, at the close ofWorld War II. When it came to designing the Company's first product, Bill Ruger designed a semi-autopistol that incorporated the looks of the German9mmLuger P08 and the AmericanColt Woodsman into their first commercially produced.22 caliber pistol (seeRuger Standard), which became so successful that it launched the entire company.[7]
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Ruger is a dominant manufacturer in the.22 LRrimfirerifle market in the U.S., due primarily to the sales of itsRuger 10/22 semiautomatic rifle.[8] The 10/22 is very popular due to its reputation for being relatively inexpensive and of high quality.[9] As a result, a wealth of after-market accessories and parts were made available for it, which has further increased its popularity.[8]
Ruger similarly dominates the .22 rimfiresemi-automatic pistol market with theRuger Mark IV, a descendant of theRuger Standard pistol. Like the 10/22, the Mark Series is supported with a wide variety of after-market accessories. The 22/45 is similar to the Ruger Standard family of pistols but features a different grip angle, that of the Colt 1911 (as opposed to that of a Luger utilized in the Ruger Standard).[10]
Ruger is also renowned for the production of high-quality revolvers, such as theGP100 andRedhawk lines. They also have some presence in the semi-auto pistol market, with theSR1911 andSR22 lines of handguns.
From 1949 through 2004, Ruger manufactured over 20 million firearms. The company is headquartered in Southport, Connecticut, and maintains manufacturing facilities inNewport, New Hampshire,Prescott, Arizona, andMayodan, North Carolina. Ruger's subsidiaries are Ruger Precision Metals LLC inEarth City, Missouri, Pine Tree Castings in Newport, New Hampshire, and Ruger Sportswear & Accessories in Mayodan, North Carolina.[11] Ruger's Pine Tree Castings division makes ferrous,ductile iron, and commercialtitanium castings. Ruger had a division known as Ruger Golf, making steel and titanium castings forgolf clubs made by a number of different brands in the 1990s.[12]
Sturm, Ruger stock has been publicly traded since 1969 and became aNew York Stock Exchange company in 1990 (NYSE:RGR). After Alex Sturm's death in 1951, William B. Ruger continued to direct the company until his death in 2002.
In September 2020, the company bought theMarlin Firearms company from bankruptRemington Outdoor Company.[13] Just one year after the acquisition of Marlin, Ruger introduced the first Ruger-made Marlin lever-action rifle, the Model 1895 SBL.
In 2024, Ruger is celebrating their 75th anniversary.
Ruger was ranked the number one U.S.firearms manufacturer from 2008 to 2011. In 2011, Ruger manufactured 1,114,687 firearms, as their promotion, the "Million Gun Challenge to Benefit the NRA", played a significant role in the company maintaining its top U.S. manufacturer status.[14] The company has set a new goal of 2 million firearms produced per year.[15] From 2009 to 2012, Ruger was the top-seller ofhandguns.[16]
Ruger breaks down its products into nine categories:[3]
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