Sturm Ruger offered almost $15M for NC gun factory
MAYODAN, N.C. (AP) — Gun manufacturer Sturm, Ruger & Co. could receive nearly $15 million for opening a new factory in the North Carolina community already home to America's largest firearms maker.
Mayodan's town council on Monday approved offering Southport, Conn.-based Sturm, Ruger more than $850,000 over 14 years if it meets investment and job targets, The News & Record of Greensboro reported (http://bit.ly/1d0ZWWh).
The community is already headquarters to Freedom Group Inc., which owns Bushmaster, Remington and other firearms brands.
A state Commerce Department spokesman said when Sturm, Ruger announced the factory last month that it could receive nearly $13 million in state tax breaks, employee training, infrastructure construction and other incentives.
The plant is expected to employ more than 470 workers. Sturm, Ruger also could receive nearly $950,000 from Rockingham County.
http://www.sfgate.com/default/article/S ... 801050.php
We are now upgraded to the newest version of phpBB. It has more features. Enjoy.
If you've forgotten your password or are having trouble logging in, CLICK HERE for a reset password to be sent to you.
Information from the NRA
1 post • Page 1 of 1
Who is online
Users browsing this forum: No registered users and 1 guest