Sturm, Ruger & Co.

Last updated

Sturm, Ruger & Company, Inc.
Type Public
NYSE:  RGR
S&P 600 Component
Industry Firearms
Founded1949;72 years ago (1949)
Founders William B. Ruger,
Alexander McCormick Sturm
Headquarters,
United States
Area served
Worldwide
Key people
Ronald C. Whitaker (Chairman) [1]
Christopher J. Killoy (President and CEO) [2]
Products Revolvers, Pistols, Rifles, Shotguns
Revenue$664 million [3]  (2016)
$88 million [3]  (2016)
Number of employees
2,120 [3]  (2016)
Website ruger.com

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire, Mayodan, North Carolina, and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger, and it has been publicly traded since 1969.

Contents

Ruger produces bolt-action, semi-automatic, and single-shot rifles, shotguns, semi-automatic pistols, and single- and double-action revolvers. [4] According to the ATF statistics for 2015, [5] Ruger is currently America's largest firearm manufacturer, [6] as well as the second largest pistol and revolver manufacturer (behind Smith & Wesson) and rifle manufacturer (behind Remington) in the United States.

History

Ruger's MK II 22/45 target pistol. Ruger-22-45.jpg
Ruger's MK II 22/45 target pistol.

Sturm, Ruger & Company was founded by William B. Ruger and Alexander McCormick Sturm in 1949 in a small rented machine shop in Southport, 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 returning Marine, at the close of World War II. When it came to designing their first semi-auto pistol, Ruger decided to incorporate the looks of the German 9mm Luger and the American Colt Woodsman into their first commercially produced .22 caliber pistol (see Ruger Standard), which became so successful that it launched the entire company. [7]

Ruger is a dominant manufacturer in the .22 LR rimfire rifle market in the U.S., due primarily to the sales of its Ruger 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] The availability and variety of after-market parts makes it possible to build a 10/22 using only these parts; most of which are marketed to target shooters and hunters.[ citation needed ]

Ruger similarly dominates the .22 rimfire semi-automatic pistol market with the Ruger MK II and Ruger MK III, descendants of the Ruger Standard pistol. Like the 10/22, the MkII 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 the GP100 and Redhawk lines. They also have some presence in the semi-auto pistol market, with the SR1911 and SR lines of handguns.

Ruger Casting has plants in Newport, New Hampshire and Prescott, 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. [11]

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 until his death in 2002.

From 1949 through 2004, Ruger manufactured over 20 million firearms. The company is headquartered in Southport, Connecticut, and maintains manufacturing facilities in Newport, New Hampshire, Prescott, Arizona, and Mayodan, North Carolina. Ruger's subsidiaries are Ruger Precision Metals LLC in Earth City, Missouri, Pine Tree Castings in Newport, New Hampshire, and Ruger Sportswear & Accessories in Mayodan, North Carolina. [12]

In September 2020, the company bought the Marlin Firearms company from bankrupt Remington Outdoor Company. [13]

Statistics

Of the total 2,288 makers of civilian firearms operating in the United States from 1986 to 2010, Ruger led the industry with 15.3 million firearms produced within the period. [14] 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. [15] The company has set a new goal of 2 million firearms produced per year. [16] From 2009 to 2012, Ruger was the top-seller of handguns. [17]

Products

Ruger breaks down its products into nine categories: [3]


Rifles

Bolt-action rifles

Ruger M77 Mark II Stainless Bolt Action in .204 Ruger 77MII 204 Action.jpg
Ruger M77 Mark II Stainless Bolt Action in .204

Autoloading rifles

Ruger 10/22 "Stainless" With an aftermarket Butler Creek Folding Stock and a TRUGLO Red Dot Sight Ruger 10-22 (2).JPG
Ruger 10/22 "Stainless" With an aftermarket Butler Creek Folding Stock and a TRUGLO Red Dot Sight

Lever-action rifles

  • Model 96 (96/44, 96/22 and 96/17 discontinued)

Single-shot rifles

Shotguns

Red Label shotgun Ruger Red Label 12ga Gen1.jpg
Red Label shotgun

Submachine guns

Handguns

Centerfire pistols

Ruger P89 Ruger P89 3.png
Ruger P89
Ruger SR1911 (.45 ACP) Ruger-SR1911.jpg
Ruger SR1911 (.45 ACP)

Rimfire pistols

Ruger MK1 68-577-B Pistol, Cal 22, US, Ruger MK1 (7516155658).jpg
Ruger MK1

Double-action revolvers

The first variation of the Ruger LCR .38 Special with laser grips Ruger LCR.jpg
The first variation of the Ruger LCR .38 Special with laser grips

Single-action revolvers

Stainless New Model Super Blackhawk and Redhawk Ruger revolvers comparison.jpg
Stainless New Model Super Blackhawk and Redhawk

See also

Related Research Articles

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Knights Armament Company American firearms and firearms parts manufacturer

Knight's Armament Company (KAC) is an American firearms and firearms parts manufacturer, best known for producing the Rail Interface System (RIS) and the Rail Adapter System (RAS) grips for firearms use. They currently produce a variety of firearms, specifically AR-15 rifles. One of their best known rifles is the SR-25 semi-automatic sniper rifle.

.44 Magnum Revolver cartridge designed by Elmer Keith and Smith & Wesson (S&W)

The .44 Remington Magnum, or simply .44 Magnum (10.9×33mmR), and frequently .44 Mag, is a rimmed, large-bore cartridge originally designed for revolvers and quickly adopted for carbines and rifles. Despite the ".44" designation, guns chambered for the .44 Magnum round, and its parent, the .44 Special, use 0.429 in (10.9 mm) diameter bullets. The .44 Magnum is based on the .44 Special case but lengthened and loaded to higher pressures for greater velocity and energy.

.22 Winchester Magnum Rimfire

The .22 Winchester Magnum Rimfire, also called .22 WMR, .22 Magnum, .22 WMRF, .22 MRF, or .22 Mag, is a rimfire cartridge. Originally loaded with a bullet weight of 40 grains (2.6 g) delivering velocities in the 2,000 feet per second (610 m/s) range from a rifle barrel, .22 WMR is now loaded with bullet weights ranging from 50 grains (3.2 g) at 1,530 feet per second (470 m/s) to 30 grains (1.9 g) at 2,200 feet per second (670 m/s).

The Ruger 10/22 is a series of semi-automatic rifles produced by American firearm manufacturer Sturm, Ruger & Co., chambered for the .22 Long Rifle rimfire cartridge. It uses a patented 10-round rotary magazine, though higher capacity box magazines are also available. The standard carbine version of the Ruger 10/22 has been in production continuously since 1964, making it one of the most successful rimfire rifle designs in history, with numerous third party manufacturers making parts and accessories for upgrading and customization. The 10/22's aftermarket is so prolific that a complete 10/22 can be built without using any Ruger-made components.

Wildcat cartridge Custom cartridge for firearms

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A. Uberti, Srl. is an Italian manufacturer of high quality replicas of 19th century American percussion revolvers, carbines, and rifles as well as cartridge revolvers, single-shot rifles, and lever-action rifles. These replicas are commonly used by historical re-enactors, participants in action shooting sports such as cowboy action shooting, working ranchers and target shooters who prefer traditional-style firearms. Thanks to their quality, Uberti replicas are also sought after by collectors and historical firearm enthusiasts.

Marlin Firearms Co. is an American manufacturer of semi-automatic, lever-action and bolt-action rifles. In the past, the company made shotguns, derringers and revolvers based in Madison, North Carolina. Marlin owned the firearm manufacturer H&R Firearms. In 2007, Remington Arms, part of the Remington Outdoor Company, acquired Marlin Firearms. Remington produced Marlin-brand firearms at its Kentucky and New York manufacturing facilities. In 2020, Sturm, Ruger & Co. bought the company from bankrupt Remington Outdoor Company.

.17 HMR

.17 Hornady Magnum Rimfire, commonly known as the .17 HMR, is a rimfire rifle cartridge developed by the ammunition company Hornady in 2002. It was developed by necking down a .22 Magnum case to take a .17 caliber (4.5 mm) projectile. Commonly loaded with a 17 grain projectile, it can deliver muzzle velocities in excess of 775 m/s (2,650 ft/s).

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Ruger Blackhawk Revolver

The Ruger Blackhawk is a six-shot, single-action revolver manufactured by Sturm, Ruger & Co. It is produced in a variety of finishes, calibers, and barrel lengths.

William B. Ruger

William Batterman Ruger was an American firearms designer and entrepreneur, who partnered with Alexander McCormick Sturm to establish Sturm, Ruger & Company in 1949. Their first product was the Ruger Standard, the most popular .22 caliber target pistol ever made in the United States. After Sturm’s death in 1951, and under Ruger’s continued leadership, the company produced one of the widest varieties of firearms of any manufacturer in the world.

5mm Remington Rimfire Magnum

The 5mm Remington Rimfire Magnum or 5mm RFM is a bottlenecked rimfire cartridge introduced by Remington Arms Company in 1969. Remington chambered it in a pair of bolt-action rifles, the Model 591 and Model 592, but the round never became very popular, and the rifles were discontinued in 1974. About 52,000 rifles and 30,000 barrels for the T/C Contender pistol were sold during its brief production run. Remington discontinued the cartridge itself in 1982, leaving owners with no source of ammunition.

Ruger Standard Semi-automatic pistol

The Ruger Standard Model is a rimfire semi-automatic pistol introduced in 1949 as the first product manufactured by Sturm, Ruger & Co., and was the founding member of a product line of .22 Long Rifle cartridge handguns, including its later iterations: the MK II, MK III, and MK IV. It is marketed as an inexpensive .22 caliber rimfire intended for casual sport and target shooting, and plinking. Designed by company founder William B. Ruger, the Standard model and its offspring went on to become the most accepted and successful .22 caliber semi-automatic pistols ever produced.

The SR-556 is a semiautomatic AR-15 style rifle manufactured by U.S. firearms company Sturm, Ruger & Co. The rifle was introduced in 2009 in 223 Remington/5.56×45mm NATO and as a .308 Winchester AR-10 variant in 2013, the SR-762. It is one of several 21st-century AR-15 rifles to use gas piston operation (SR-556). In January 2016 Ruger discontinued all SR-556 rifles and introduced a new takedown variant with a lightweight KeyMod handguard.

References

  1. Ruger. "Board of Directors - Ruger" . Retrieved June 20, 2019.
  2. Ruger. "Corporate Officers - Ruger" . Retrieved June 20, 2019.
  3. 1 2 3 4 "Corporate Report" (PDF). February 22, 2017.[ dead link ]
  4. "BATFE Annual Firearms Manufacturing And Export Report". 2006.
  5. BATFE Annual Firearms Manufacturing And Export Report 2015
  6. Duprey, Rich. "Can You Guess the Biggest Gunmaker in the U.S.?". Fool.com. Retrieved July 12, 2018.
  7. 1 2 Wilson 1996, p. 47.
  8. 1 2 House, James E. (July 6, 2006). Customize the Ruger 10/22. Iola, Wisconsin: F+W Media. pp. 6–12. ISBN   978-1-4402-2413-3.
  9. Garrison, Kerry (March 14, 2014). Getting to know the Ruger 10/22: Everything you need to know to shoot, clean, maintain, and modify your Ruger 10/22. Kerry Garrison. pp. 2–5. ISBN   978-0-9831639-3-0.
  10. Sweeney, Patrick (December 24, 2007). The Gun Digest Book of Ruger Pistols and Revolvers. Iola, Wisconsin: Gun Digest Books. p. 18. ISBN   0-89689-472-X.
  11. Ph.D., Gregg Lee Carter (May 4, 2012). Guns in American Society: An Encyclopedia of History, Politics, Culture, and the Law [3 volumes]. ABC-CLIO. p. 930. ISBN   978-0-313-38671-8.
  12. "Directory". Ruger.com. Retrieved July 12, 2018.
  13. "Remington Auctioned Off to Seven Bidders in Bankruptcy Court". September 28, 2020. Retrieved September 28, 2020.
  14. "Guns At A Glance: 40% of All Firearms Made in America Come From These 3 Companies". The Blaze. March 26, 2013. Archived from the original on August 20, 2014. Retrieved August 19, 2014.
  15. "US Firearms Industry Today". Shooting Industry. 2013.
  16. "The Ruger 2 Million Gun Challenge". Ruger.com. Retrieved July 12, 2018.
  17. "US Firearms Industry Today". Shooting Industry. 2012.
  18. "Gallery of Guns - Shooting Times - Gun Reviews". Archived from the original on September 27, 2007.

Bibliography