[gunman42782]

Sturm, Ruger & Company, Inc. Reports Sale of Non-Manufacturing Real Estate
March 8, 2007
Sturm, Ruger & Company, Inc. (NYSE-RGR) announced that it sold 42 parcels of non-manufacturing real property located in New Hampshire for $7.2 million today. The purchaser of the property was William B. Ruger, Jr., the Company's former Chief Executive Officer and Chairman of the Board.

The Company expects to realize a gain of approximately $5.1 million from this sale in the first quarter of 2007. In December 2006, the Company announced its intention of selling non-manufacturing real property assets and artwork. This sale included substantially all of the Company's non-manufacturing real property assets in New Hampshire.

 

[sheepdog]

Boy gotta shoot somewhere...

 

[rman]

Maybe he's going to start up another gun company.

 

[sheepdog]

Boy's too rich to want to work-and we made him that way-wonder if he'd let us shoot there, too?