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August 24, 2010

Fortune names 100 fastest-growing companies, two of which are in firearms industry

Two companies in the firearms and ammunition industry made Fortune magazine’s list of the 100 fastest-growing companies for 2010.

Olin Corp., maker of Winchester ammunition, is listed at No. 40. What Fortune had to say about the Clayton, Mo.-based company: “Winchester ammunition maker has found sales to police and the military to be its silver bullet in 2010.”

Connecticut-based gun maker Sturm, Ruger & Co. is listed at No. 67. Here’s what Fortune had to say about Ruger: “With a backlog of 181,000 unshipped units last year, gun manufacturer fired up production for a second year in a row.”

See Fortune’s full list of its 100 fastest growing companies.

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