Profile: Gorman-Rupp Co (GRC.A)

GRC.A on American Stock Exchange

30.84USD
4:04pm EDT
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$-0.23 (-0.74%)
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$31.07
Open
$30.99
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$31.20
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$30.75
Volume
11,253
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12,377
52-wk High
$39.19
52-wk Low
$28.19

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The Gorman-Rupp Company (Gorman-Rupp), incorporated on April 18, 1934, designs, manufactures and globally sells pumps and related equipment (pump and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning (HVAC), military and other liquid-handling applications. The Company operates in one business segment, the manufacture and international sale of pumps and related fluid control equipment and systems. Pumps that the Company produces include self priming centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows and oscillating. The pumps have drives that range from 1/35 horsepower electric motors up to much larger electric motors or internal combustion engines. The Company’s product line consists of pump models ranging in size from 1/4 inches to 144 inches and ranging in rated capacity from less than one gallon per minute to in excess of 700,000 gallons per minute. During the year ended December 31, 2012, the Company acquired South Africa-based Pumptron (Proprietary) Limited (Pumptron) and Texas-based American Turbine Pump companies (American Turbine) which complement and broaden its existing pump portfolio and provide additional opportunities for global expansion of its water markets and certain non-water markets. In December 2012, the Company's subsidiary, National Pump Company purchased the business of American Turbine Pump Companies.The Company’s larger pumps are sold principally for use in the construction, industrial, water and wastewater handling fields; for flood control; for boosting low residential water pressure; for pumping refined petroleum products, including the ground refueling of aircraft; for fluid control in HVAC applications; and for various agricultural purposes. In June 2014, the Company's subsidiary, National Pump Company purchased the business of Bayou City Pump, Inc.

Many of the larger units consist of encased, fully integrated water and wastewater pumping stations. In certain cases, units are designed for the inclusion of customer-supplied drives. The Company’s larger pumps are sold principally for use in the construction, industrial, water and wastewater handling fields; for boosting low residential water pressure; for pumping refined petroleum products, including the ground refueling of aircraft; for fluid control in HVAC applications, and for various agricultural purposes. The Company’s pumps are also utilized for dewatering and flood control purposes. In addition, pumps manufactured for fire protection are used for sprinkler systems, fire hydrants, stand pipes, fog systems and deluge systems at hotels, banks, factories, airports, schools, public buildings and hundreds of other facilities throughout the world. Many of the Company’s smallest pumps are sold to customers for incorporation into such products as food processing, chemical, photo processing, medical and other waste treatment, HVAC equipment, appliances and solar heating.

Company Address

Gorman-Rupp Co

600 SOUTH AIRPORT ROAD,
P.O. Box 1217
MANSFIELD   OH   44901
P: +1419.7551011
F: +1419.7551263

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