Ruger to Build Factory in North Carolina

 Ruger factory (courtesy gun blast.com)

Back in April, South Carolina enticed PTR industries to move from Connecticut. According to postandcourier.com the Palmetto state scored the slave state refugee by dint of its neighborliness. “Everybody here was so excited, so welcoming,” CEO Josh Fiorini told the paper, somehow avoiding the urge to say the words “tax breaks.” Not to be outdone (or over-taxed) Ruger’s decided to expand into North Carolina. “Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that it plans to open its third manufacturing plant, a 220,000 square foot facility in Mayodan, North Carolina,” dailyfinance.com reports. “This will be the Company’s first major expansion in over 25 years and it is expected to be finalized in August.” Wikipedia reckons the town’s per capita income currently sits at $15,607. That’s about to change.