Sturm Ruger & Co. is set to acquire Anderson Manufacturing, a firearm manufacturer based in Kentucky, enhancing its operational capabilities in the industry. The deal includes not only the company but also its manufacturing facility and machinery, underscoring Sturm Ruger’s commitment to increasing production capacity amid rising demand for firearms.
The terms of the acquisition have not been disclosed, but this strategic move signals Sturm Ruger’s intent to strengthen its market position in the competitive firearms landscape. Industry analysts will be watching closely to see how this acquisition impacts Sturm Ruger’s product offerings and market strategies moving forward.
Read full story at www.marketwatch.com