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

Sub Calibers Self Defense 1
Sub Calibers Self Defense 1

Small Calibers for Self-Defense: Addressing Common Myths & Criticisms

For decades, small cartridges like the .22 Long Rifle were derided as incapable rounds for defensive use and were even considered dangerous for the user by some. Today, those critiques deserve a second look.

New for 2026: HUXWRX Flow 9k PCC & Flow 9 M Suppressors

Continuing the legacy it first established as Operator Suppressor Systems, HUXWRX is still introducing new and mission-specific flow-through suppressors, with its latest products being the FLOW 9 M and FLOW 9k PCC.

Armed Citizen Stops Oregon Attack; NRA Reaffirms Importance of Law-Abiding Armed Citizenry

The National Rifle Association of America today issued a statement regarding yesterday’s act of violence in Oregon.

Gun of the Week: Tokarev TT-12 Pro

While there are several AR-style, semi-automatic shotguns on the market, the Tokarev TT-12 Pro has a few features you won’t find elsewhere. And it’s affordable, to boot.

Beretta Holding Announces Preliminary Results of Cash Tender Offer for Shares of Sturm, Ruger & Co., Inc.

Beretta Holding announced today the preliminary results of its cash tender offer to purchase up to 2,400,184 of the outstanding shares of Sturm, Ruger & Co., Inc. common stock.

Ankle Holsters: Are They Still a Good Option for Concealed Carry?

The use of ankle holsters is an old-school, deep-concealment method that was popular in the age of the snub-nose revolver. In today’s world of micro-compacts, does it still hold up as a good carry position?

Interests



Get the best of American Rifleman delivered to your inbox.