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Sturm, Ruger & Co., Inc. (NYSE: RGR) has announced that during a severe thunderstorm on July 25, 2013, heavy precipitation caused a portion of the roof to collapse at its Prescott, Arizona manufacturing facility. No one was injured. The Company is in the process of undertaking repairs and expects to be back in production soon.
This temporary disruption may have a material impact on the Company’s results of operations for the third quarter of 2013, but is not expected to have a material impact on the financial position of the Company.