by Ruger will be adding 60 new jobs at its Mayodan, North Carolina manufacturing plant. Along with the new jobs, it will be spending upwards of $10 million in capital improvements according to a story in the Greensboro News-Record.
The plant currently employs 490 workers. The new jobs will have an average salary of $44,033 per year which is $9,000 above the Rockingham County average.
The Rockingham County Commissioners also approved a performance-based economic incentives in a unanimous vote.
From the News-Record prior to the December 7th meeting:
The company has been made eligible for up to $150,000 in performance-based economic incentives from the One North Carolina Fund, which requires matching local incentives.
Rockingham Board of Commissioners are expected to approve Monday night a performance-based tax incentive worth up to $234,799, according to county manger Lance Metzler.
“We only know the company has seen considerable demand for its products, resulting in the search for a location to expand capacity,” Metzler said.
“They are such a good company to have as part of our community and offer some outstanding job opportunities to our residents with good-paying jobs.”
The expansion also generated a news release from anti-gun Gov. Roy Cooper (D-NC). It must have killed him to say nice things about Ruger but money is money and jobs are jobs.
“North Carolina’s skilled workforce continues to make our state a smart choice for growing manufacturers,” Governor Cooper said. “Today’s expansion by Sturm, Ruger & Co. highlights our state’s commitment to growing with companies and is a strong investment in the future of Rockingham County.”
The expansion is thought to be related to the acquisition of Marlin in the Remington bankruptcy. It is reported that production of the Marlin firearm line will be split between the Mayodan plant and Ruger’s Newport, New Hampshire plan.
Love it when they get a twofer! Stick it to the gov, and HELP the local job market!