Good news for the people of North Carolina and Ruger fans everywhere, Sturm, Ruger & Company has put ink to paper on the construction of a new firearms plant in Mayodan, N.C., in Rockingham county. The facility is expected to employ about 450 people when it’s fully-operational.
The new factory will significantly expand on Ruger’s ability to manufacture firearms for a gun-hungry America as it represents nearly a 25 percent increase in their labor force, with Ruger already employing about 2,000 people at their facilities in Arizona, Connecticut and New Hampshire.
“Advanced manufacturing companies like Ruger know that North Carolina is just the place for their company to grow and flourish,” said state governor Pat McCrory in an official statement. “The skilled manufacturing jobs that they’ll create will strengthen the Rockingham County economy and demonstrates the strong talent pool and attractive quality of life that characterizes this region of the state.”
The expansion will not only help Ruger keep up with market demands but also allow the company to continue to diversify. Ruger has one of the most extensive product catalogs of any company on the market and it’s their ability to produce guns for just about any role that really steels customer satisfaction and loyalty.
“We are committed to creating new jobs in North Carolina and one major area of focus is advanced manufacturing,” said N.C. commerce secretary Sharon Decker. “We applaud the Ruger management team for their commitment to investing in North Carolina and welcome them to our family of strong corporate partners.”
“Ruger has created 900 jobs over the last five years and we hope to continue this growth in Mayodan,” said Ruger president and CEO Mike Fifer. “There is a phenomenal work force in the area. We’ve had two job fairs. The response has been tremendous and the caliber of the potential employees is really impressive.”
As a new employer in Rockingham county, Ruger will be very welcome. Where the average income is just over $33,000 a year, Ruger’s average wages will be considerably higher, about $45,000 annually plus benefits.
State senator Phil Berger and congressman Bryan Holloway both praised the expansion.
“We welcome Ruger to North Carolina and applaud their commitment to bringing new jobs and investment to Rockingham County,” said Berger. “Today’s announcement is a clear indicator of our state’s favorable business climate and high-quality workforce, and we look forward to working alongside Governor McCrory to ensure these strong assets continue to grow.”
“Our state has the top-notch workforce that advanced manufacturers need to compete in the highly competitive global marketplace,” said Holloway. “I congratulate Ruger for their decision to locate in Mayodan and wish them continued success in Rockingham County.”
Ruger’s arrival is expected to stoke the local economy. “My first reaction was ‘Wow, I’m going to get more business,’ you know!,” said Sam Ellatakunne, co-owner of Star Pizza to WFMY News.
Ruger was offered healthy incentives for setting up the new facility. The statement summed up the package.
“The project was made possible in part by an award to Ruger from the state Job Development Investment Grant (JDIG) program, as voted by the state Economic Investment Committee. Receipt of the award is based on proof of job creation and other performance requirements. JDIGs are awarded only to new and expanding businesses and industrial projects whose benefits exceed the costs to the state, and which would not be undertaken in North Carolina without the grant.
“Under the terms of the company’s JDIG award, Ruger is eligible to receive up to twelve annual grants equal to 75 percent of the state personal income tax withholdings from the eligible new jobs created since the date of the initial award. Receipt of each annual grant is based on state-certified proof that the company has fulfilled incremental job creation requirements. Over twelve years, the JDIG award could yield aggregate benefits to Ruger of up to $9.46 million upon creation of 473 new jobs.”