True Temper Sports, Inc. has purchased certain assets from the former golf shaft manufacturer Royal Precision, Inc. True Temper acquired intellectual property including patents, trademarks, brand names, and design technologies, along with some related golf shaft inventory and manufacturing equipment.

The asset purchase follows the announcement last month that Royal Precision would be ceasing all business operations and exiting the golf shaft industry. True Temper expects to develop full production capability at its Mississippi manufacturing plant to produce the Rifle, Project X, and other key Royal Precision products that are demanded by golfers around the world.

Commenting about this asset purchase, Scott Hennessy, President and CEO said, “Royal Precision has built a strong following for the Rifle and other unique brands. As their company exited the golf shaft industry we saw it as a wonderful opportunity to add these brands and unique design technologies to the True Temper family of products. We look forward to continuing the rich tradition of Royal Precision products and brands, and to providing their former customers with the quality and delivery that True Temper is known for.”