Estimated studying time: 2 minutes
Massive strikes are occurring within the gun trade this week. Sturm, Ruger & Firm simply introduced it’s shopping for up the property of Anderson Manufacturing, the Kentucky-based firearms and equipment maker identified for its reasonably priced AR-15 platforms and components.
Ruger isn’t messing round with this buy. It’s selecting up Anderson’s manufacturing facility, equipment, and expert workforce – all geared toward ramping up Ruger’s personal manufacturing and increasing product choices.
“This acquisition is an unimaginable alternative to advance our long-term technique and increase Ruger’s capability,” stated Ruger President and CEO Todd Seyfert in a press launch obtained by GunsAmerica.
He added that bringing Anderson’s “gifted group” on board will strengthen Ruger’s place as an trade chief, particularly at a time when different corporations are pulling again.
However with the acquisition comes the top of an period. Anderson Manufacturing posted a farewell assertion on its web site, saying:
“After cautious consideration, we made the tough choice to promote the corporate and shut this chapter of our story. With the sale now full, the Anderson model has been discontinued and Anderson merchandise will not be provided. Consequently, guarantee providers on Anderson firearms, components, and equipment are not accessible.”
The corporate thanked its prospects for almost 70 years of help, calling it “really an honor to serve you.”
Anderson’s facility, based mostly in Hebron, Kentucky, provided many years of experience in each firearms manufacturing and aftermarket components – a candy addition to Ruger’s already wide-ranging catalog.
Ruger plans to combine the ability and group into its broader operations to launch new merchandise, increase current traces, and develop its equipment enterprise. Prospects can anticipate Ruger’s regular excessive requirements of high quality, reliability, and American-made manufacturing.
As Seyfert summed up, Ruger is doubling down: “This transfer reinforces Ruger’s place as a frontrunner within the trade and reiterates my give attention to continued progress, whilst others cut back.”
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