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Sturm, Ruger credits gun control debate for record sales

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Politics,Beltway Confidential,Politics Digest,Gun Control,Michal Conger

Gun maker Sturm, Ruger & Co. said Monday it saw record sales in its first quarter this year, and the gun control debate has driven demand so high the company is looking for a third factory to keep up.

Gun sales spiked about 39 percent in the first quarter from the same period a year earlier, and rose 10 percent from the fourth quarter, according to Reuters.

“Strong demand from consumers, coupled with the current political climate, resulted in unprecedented levels of orders from retailers to distributors,” the gun maker said in a regulatory filing.

The company is based in Southport, Conn., with manufacturing facilities located in Newport, N.H. and Prescott, Ariz.

Federal gun control legislation failed in the Senate this month, but states have already taken the initiative to pass stricter gun laws in the wake of the Sandy Hook shooting. Connecticut, Colorado, Maryland and New York have all recently passed gun laws limiting assault rifles and high-capacity magazines.

Gun makers in those states are looking for friendlier homes for their factories. Connecticut-based PTR Industries said earlier this month it will leave over the state’s “hasty and uninformed” new gun laws.

PTR also called on other gun makers to leave Connecticut.

“We feel that our industry as a whole will continue to be threatened so long as it remains in a state where its elected leaders have no regard for the rights of those who produce and manufacture its wealth,” said John McNamara, vice president of sales.

“We are making a call to all involved in our industry to leave this state, close your doors and show our politicians the true consequences of their hasty and uninformed actions,” he said.

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