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Ruger Incentives Approved By Rockingham Co. Commissioners

7:43 PM, Sep 3, 2013   |    comments
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WENTWORTH, NC-- Sturm, Ruger and Company, Inc. made it official several weeks ago that the company was going to open a manufacturing plant in Mayodan, NC.

As part of their deal, the town of Mayodan and Rockingham County officials had to offer incentives to the company. 

Rockingham County Commissioners approved incentives in the amount of $942,000, Tuesday night.

Mayodan has scheduled a public meeting for September 9 on their incentives offer to Ruger. Town officials are offering $823,000.

The company won't receive any incentives until 2015 and it will be over a 14 year period. 

Commissioners and Rockingham County Economic Development officials said all incentives are based on performance of the company.

Two representatives for Ruger who were at the meeting and said they are "tickled to death to be in Rockingham County." They said the decision to put the plant there was because of real estate and the workforce was a perfect piece to the puzzle.

 

WFMY News 2

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