Newport: firearms maker Sturm, Ruger & Co. is offering voluntary buyout packages to senior employees, changing its pay structure and selling off some property in New Hampshire to help cut costs.Newport: Firearms This is an extensive list of small arms — pistol, machine gun, grenade launcher, anti-tank rifle — that includes variants.
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The purchase of a company or a controlling interest of a corporation's shares.
A leveraged buyout is accomplished with borrowed money or by issuing more stock. packages to senior employees, changing its pay structure and selling off some property in New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). to help cut costs. The company announced it hopes to cut its payroll by $3 million in 2007 with buyout offers to 150 employees. The company also announced it would abandon its piece-work pay system in favor of hourly wages and is selling some of its 4,400 acres in Newport and part of a dollar art collection housed at its Newport plant. Sturm, Ruger is based in Southport, Conn., with facilities in Newport and Prescott, Ariz.