Lyman Products Founder 'Mace' Thompson Passes Away

by
posted on April 10, 2021
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
lyman-products-mace-thompson-passing-f.jpg
James F. "Mace" Thompson, founder of Lyman Products and chairman of the company's board of directors until his death, passed away on April 3, 2021, following a long battle with cancer. He was 79 years old.

"During his career, Mace was a tremendous leader," a company statement read. "He was a maverick, a creative thinker and an innovator. He loved education and always took the opportunity to teach and mentor employees. He will be sorely missed, but his memory and legacy will live on with all that knew him."

Born on Dec. 22, 1941 in Philadelphia, Penn., Thompson earned a Bachelor of Science degree in Physics from St. Joseph's University. After graduation, he attended Harvard to complete his Master's in Business Administration. His first job was with Monsanto Corp. in Missouri, but after several years, he moved to Leisure Group and remained in the firearm industry for the rest of his career.

Leisure Group in the 1970s acted as the parent company for several prominent manufacturers at the time, including Sierra Bullets, High Standard Firearms and Lyman. Thompson was appointed president of the reloading products division in 1972, overseeing both Lyman and Sierra.

Under Thompson's leadership, in 1977, Lyman Products was purchased by a group of private investors and became a privately owned company. In the following decades, as president of the company, Thompson acquired a number of other brands and built Lyman Products into an industry giant. Acquisitions included Raytech in 1987; Pachmayr, TacStar, Trius Traps, A-Zoom Training Rounds and Butch's Gun Care in 1996 and Mark 7 Reloading in 2019.

Thompson was a lifetime member of the National Rifle Association. He is survived by his wife, Pam, his sisters Helen, Dolores and Marie and 27 nieces and nephews.

Latest

Weatherby New Magnums 01
Weatherby New Magnums 01

Enough Gun: Weatherby's New Mark V Frontier & Dangerous Game Rifle

Weatherby's new Mark V Frontier and Dangerous Game Rifle (DRG) are ultra-reliable, accurate and devastatingly powerful rifles designed to go after the nastiest creatures on four legs the world has to offer.

Preview: Safariland Pro Impulse Bluetooth

One of several new additions to Safariland’s Impulse line of hearing-protection solutions, the Pro Impulse Bluetooth is a set of Bluetooth-enabled earmuffs that is equally easy on your ears and your pocketbook.

Gun Of The Week: Smith & Wesson Model 19 Carry Comp

In our latest Gun Of The Week episode, we’re on the range with the Smith & Wesson Model 19 Carry Comp, a medium-size revolver chambered for .357 Magnum.

The Armed Citizen® Dec. 26, 2025

Read today's "The Armed Citizen" entry for real stories of law-abiding citizens, past and present, who used their firearms to save lives.

The Overlooked Austrian: The Schwarzlose M1907 Machine Gun

Among the machine guns used by all the powers involved in World War I, the Austrian Schwarzlose is often forgotten. But this simple, reliable arm saw service for more than 20 years across two world wars.

New Hodgdon Reloading Manual, Sierra Bullets Announced

Hodgdon announced the launch of its 2026 reloading manual, while Sierra Bullets launched a collection of heavy-for-caliber bullets for handloaders.

Interests



Get the best of American Rifleman delivered to your inbox.