Industry veteran will act as COO, as well.
New products seen as drivers of market.
Ruger, which is based in Southport, currently has plants in Newport, N.H., and Prescott, Ariz., where it collectively employs more than 2,000 people.
Following a major increase in earnings, officials at leading gun manufacturer Sturm, Ruger & Co. Inc. announced the Connecticut-based company has no plans to leave the state.
Even as it suspended new orders, Ruger sales shot up during the second quarter.
Sturm Ruger took a stake in Kodabow, a crossbow maker in West Chester, Pa.
After suspending new orders in March, Ruger is ringing up sales once more.
For a brief moment in time, UTC’s workforce dipped below the 200,000 mark, and other news on Fairfield County business.