Sturm Ruger announces asset purchase of Anderson Manufacturing

Sturm, Ruger & Company announces the asset purchase of Anderson Manufacturing, a manufacturer of firearms and firearm accessories based in Hebron, Kentucky. “This strategic purchase includes Anderson’s manufacturing facility and machinery and will provide Ruger the opportunity to work with a skilled and experienced workforce, strengthening its production capabilities and expanding its product offerings. Located in a firearms-friendly region, the facility brings valuable expertise in the production of both firearms and aftermarket parts and accessories – areas that complement and enhance Ruger’s existing offerings… Ruger will not continue the Anderson Manufacturing brand or its firearms products. Instead, the company will integrate the facility’s capabilities into its broader operations, with a focus on launching new products, expanding Ruger’s popular product lines and growing its established accessories business,” the company stated “This acquisition is an incredible opportunity to advance our long-term strategy and expand Ruger’s capacity,” said Todd Seyfert, President and CEO of Ruger. “We’re excited to welcome members from the talented team at Anderson Manufacturing and leverage their knowledge and infrastructure to better serve our customers. This move reinforces Ruger’s position as a leader in the industry, and reiterates my focus on continued growth, even as others scale back.”