Ruger Again Named Firearms Manufacturer of the Year by the National Association of Sporting Goods Wholesalers
November 07, 2008
Sturm, Ruger & Company, Inc. (NYSE-RGR) has been presented with the Firearms Manufacturer of the Year award by the National Association of Sporting Goods Wholesalers for the second year in a row. The award was presented during the Association's 35th Annual Meeting in Atlanta, Georgia. The criteria for the awards are based on areas of the manufacturer's performance which enable the wholesaler to provide efficient and effective service in the marketplace.
"We are greatly honored with being named Manufacturer of the Year two years running and appreciate the significance of receiving this recognition in today's competitive business environment," stated Mike Fifer, Ruger CEO. "At Ruger we strive very hard to meet the needs of our customers, the wholesalers. Providing the right mix of products, including newly introduced ones to meet the demands of all consumers, spells success for Ruger and the members of NASGW that distribute our firearms. We thank NASGW members for their support and vote of confidence as indicated by this award."
"We continue to work on new product development, customer communication, product support and an expanded website that provides Ruger distributors, retailers and consumers with value-added products, new business tools and user-friendly information," said Chris Killoy, Vice President of Sales and Marketing for Ruger. "Our new product offerings are the result of listening to consumers needs and their success is benefiting all segments of the distribution system."
In presenting the awards as part of NASGW's new and enhanced awards program, Mike Brown, Chairman of the NASGW Board of Directors noted "there were many exceptional nominees to consider. Receiving a nomination in any one of these categories is a testament to a company's strong reputation within the industry and among its peers."
About Sturm Ruger
Sturm, Ruger was founded in 1949 and is one of the nation’s leading manufacturers of high-quality firearms for the commercial sporting market. Sturm, Ruger is headquartered in Southport, CT, with manufacturing facilities located in Newport, NH and Prescott, AZ.
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Sturm, Ruger & Co., Inc. “Arms Makers for Responsible Citizens”®
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