Sturm, Ruger, & Company is in the business of designing , manufacturing and selling of small arms in the United States (NAICS: 332994) There are approximately 400 U.S. manufactures in the small arms business. Ruger's closest publically traded rival is Smith & Wesson Holding Company. Other privately held competitors include, Remington Arms, Browning Arms Company, O.F. Mossberg & Sons, Marlin Firearms and Colt’s Manufacturing Company. Sturm, Ruger & Company produces pistols, revolvers, rifles, and shotguns. Sturm, Ruger & Company produces revolvers, pistols, rifles and shotguns.
The company was founded in Southport, Connecticut in 1949 by Alexander McCormick Sturm and William B. Ruger. In 1969 Sturm, Ruger & Company incorporated under the laws of the state of Delaware. It joined the New York Stock Exchange in 1990.
The Corporate offices are located in Southport, Connecticut with manufacturing facilities in Newport, New Hampshire, Prescott, Arizona and Mayodan, North Carolina, all of which are owned. The Mayodan, North Carolina facility was recently purchased and will begin operating in 2014. The company also leases a facility in Enfield, Connecticut. The new facility is expected to employ about 470 people. Ruger plans on investing $4.25 million to improve the facility and the company plans to spend about $21.5 million over the next five years on equipment and machinery. Mayodan and Rockingham County in which Mayodan is located has offered up to $14 million in incentives to Ruger. The Mayodan facility was purchased to help reduce the high levels of backlog. Sales for Sturm, Ruger & Company are up 79%.
Over the course of this project, Sturm, Ruger & Company’s stock is up. The stock tracking began on September 6, 2013 with the company’s stock price being recorded at $54.03. The final price was recorded on November 4, 2013 at $70.75. Ruger’s three biggest gains came on September 11, September 19, and November 1, with gains of $4.09, $3.44 and $3.96 respectively. The company’s biggest losses came on September 16, September 27, and October 25, with losses of $1.00, $1.02, and $4.97 respectively. September 11 is the anniversary of the terrorist attacks in 2001 and 2012. On September 19 Starbucks CEO, in an open letter to customers asking them to leave guns at home while visiting the coffee shop, and the financial markets were waiting on Federal Reserve’s announcement on the continuation of monthly asset purchasing.
WHEN: They were founded in 1949, but the Hermens actually started the company in 1897
The defense of our nation and its allies across the globe is essential to the success of the world we live in. The methods in which this defense takes place varies in many different ways, in air, on land, and at sea. Within our nation lies some of the largest defense organizations on the face of the planet, most, if not all, of which strive to protect the United States of America in all arenas. One of these organizations is Northrop Grumman. Northrop Grumman is one of the largest global aerospace and defense technology companies in the world. The company employs over 68,000 employees worldwide, and was named as the fourth-largest defense contractor in the world in 2016 (Forbes, 2016). It grossed over $23.526 billion in 2015. Northrop Grumman
The rifle was manufactured by the Winchester Repeating Arms Company, which was once the New Haven Arms Company and before that the Volcanic Repeating Arms Company. One has to wonder, why so many name changes? The Winchester Repeating Arms Company would not have been successful without Oliver Fisher Winchester. Originally Winchester gained some wealth in producing dress shirts in a fa...
The stock market remained closed from September 11th until September 17th, almost a week after the attacks. When the markets re-opened after a weeklong absence, people were uncertain about what the numbers would be at the end of the day. Looking back throughout history, after a traumatic event such as the bombing of Pearl Harbor in 1941 and the Gulf War, the markets tended to go down at first but after a few months, they would rebound. When the markets closed on September 17th, the numbers were very bleak. “The Dow Jones Industrial Average was down 685 points, its biggest point drop in history, ending the day at 8,921. The NASDAQ was also down 116 points, closing at 1,580” (Stock Markets Reopen 1). These numbers also represented the major indexes lowest levels in about three years.
in1873. Colt made a lot of pistols in his lifetime. Colt will always be remembered for his
In response to a request by a patron, a search of the copyright status for the book Texas Guns by Paul Lehman was conducted. This report discusses the steps taken and the information that was found during that investigation.
During the years leading up to and during the American Civil War there were a number of advancements in firearms technology. This paper will focus on a few of those advancements, namely the inventions of the Minié ball, the Spencer and Henry repeating rifles, and of the Gatling gun.
I first read Jared Diamond's Guns, Germs, and Steel in the Fall 2003 based on a recommendation from a friend. Many chapters of the book are truly fascinating, but I had criticisms of the book back then and hold even more now. Chief among these is the preponderance of analysis devoted to Papua New Guinea, as opposed to, say, an explanation of the greatly disparate levels of wealth and development among Eurasian nations. I will therefore attempt to confine this review on the "meat and potatoes" of his book: the dramatic Spanish conquest of the Incas; the impact of continental geography on food production; and finally, the origins of the Eurasian development of guns, germs, and steel. In terms of structure, I will first summarize the book's arguments, then critically assess the book's evidentiary base, and conclude with an analysis of how Guns, Germs, and Steel ultimately helps to address the wealth question.
The attacks of 9/11 resulted in history’s longest stock market shut down since the 1930s. The New York Stock Exchange remained closed for six days after the attacks. Furthermore, Davis (2011) reports that upon reopening, the New York Stock Exchange fell almost seven hundred points, the biggest one day loss in history. Additionally, Jackson (2008) reports a 14% decline in the Dow Jones, a loss the Dow still felt almost a year later. But, it was American Airlines and United Airlines that experienced the greatest loss. Following the reopening of the stock market, American experienced a 39% decline and United experienced a 42% decline (Davis, 2011). However in face of discouraging numbers, Jackson (2008) reports that the U.S. markets rebounded second only to Japan, showing the great economic resilience of the U.S. While the stock markets present a bleak outlook immediately following the attacks, the financial loss is far from reassuring.
Wintemute, Garen J. "Where the Guns Come from: The Gun Industry and Gun Commerce." Princeton University 2002: 54-71. Web. 24 Nov. 2013.
Due to the alarmingly large number of public massacres, gun reform has yet again become a highly debated issue in America. In the past, laws were enacted that were meant to restrict ammunition and military classes of weapons from resale in the United States. Due to strong lobbying efforts of the National Rifle
For one of my selections for buying stock, I invested into Starbucks, this company has attracted me with their wonders of different coffees, and I knew many others were interested in the very popular coffee company. Starbucks all started in 1971 in Seattle, Washington. With three men, Jerry Baldwin, Zev Siegel and Gordon Bowker, each of them put in one thousand three hundred and fifty dollars along with a barrowed five thousand from the bank to start up their small coffee shop in Pick Place Market, which is located in downtown Seattle. The name for this company was inspired by the character Starbuck from Moby Dick. This character was a coffee lover.
In 1971, three young entrepreneurs began the Starbucks Corporation in Seattle Washington. Their key goal was to sell whole coffee beans. Soon after, Starbucks began experiencing huge growth, opening five stores all of which had roasting facilities, sold coffee beans and room for local restaurants. In 1987, Howard Schultz bought Starbucks from its original owners for $4 million after expanding Starbucks by opening three coffee bars. These coffee bars were based on an idea that was originally proposed to the owner who recruited him into the corporation as manager of retail and marketing. Overall, Schultz strategy for Starbucks was to grow slow. Starbucks went on to suffer financial losses and overhead operating expenses rose as Starbucks continued its slow expansion process. Despite the initial financial troubles, Starbucks went on to expand to 870 stores by 1996. Sales increased 84%, which brought the corporation out of debt. With the growing success, Starbucks planned to open 2000 stores by year 2000.
Founded in 1971 at Seattle’s Pike Place Market, Starbucks Coffee, Tea and Spices, as it was originally called, has been “brewing-up” its famous blends in over 43 countries, including the United States. Now called Starbucks Coffee Company, business isn’t just about the coffee and tea anymore. Starbucks has its own line of bottled water, handcrafted beverages, fresh food, entertainment, merchandise and a Starbucks Card. The company has received numerous awards for their outstanding business practices. Fortune Magazine has ranked them as one of “The Best 100 Companies to Work For” in 1998, 2000, 2002, and 2008 (Starbucks, 2008). The Starbucks Experience provides consumers and the general public a direct line a of business communication. From friendly baristas to press releases from CEO Howard Schultz, Starbucks keeps its “partners” informed.
Starbucks case study: background 1971-87; private company 1987-92. (1997). McGraw-Hill Companies. Retrieved March 20, 2007, from the McGraw-Hill Companies website: http://www.mhhe.com/business/management/thompson/11e/case/starbucks-1.html