Gorman-Rupp

-4.8%

The Gorman-Rupp Company is a leading manufacturer of pumps and pumping systems for various industries, including agriculture, construction, industrial, and municipal markets. The company was founded in 1933 by J.C. Gorman and Herbert E. Rupp in Mansfield, Ohio, and has since grown to become a global leader in the pump industry.
The company's products include self-priming centrifugal pumps, submersible pumps, diaphragm pumps, and other specialty pumps, as well as pumping systems and accessories. They also offer a wide range of services, including installation, maintenance, and repair of their products.
Gorman-Rupp is known for its high-quality and reliable products, designed to withstand tough and demanding applications. The company has a strong commitment to innovation and constantly invests in research and development to improve their products and meet the changing needs of their customers.
In addition to their manufacturing facilities in the United States, Gorman-Rupp also has operations in Canada, Europe, Asia, and South America. The company serves customers in more than 80 countries worldwide and has a network of distributors to ensure their products are readily available to customers.
Gorman-Rupp is also committed to sustainability and has implemented environmental practices in their operations and products, such as energy-efficient pumps and environmentally friendly materials.
Overall, the Gorman-Rupp Company has a long history of providing high-quality pumps and pumping systems to various industries, with a strong emphasis on innovation, reliability, and sustainability.

1. Long History: The Gorman-Rupp Company has been in business for over 85 years, making it one of the oldest pump manufacturers in the United States.
2. Wide Range of Products: Gorman-Rupp offers a wide range of products, including self-priming centrifugal pumps, submersible pumps, diaphragm pumps, and gear pumps, catering to various industries and applications.
3. Industry Leader: Gorman-Rupp is a recognized leader in the pumping industry, known for its high-quality and reliable products.
4. Innovative Technology: The company continuously invests in research and development to introduce new, innovative technology in its products, making them more efficient, durable, and cost-effective.
5. Customized Solutions: Gorman-Rupp works closely with its customers to understand their specific needs and offers customized solutions to meet their unique requirements.
6. Global Presence: The company has a widespread global presence, with operations in more than 100 countries, providing its products and services to a diverse customer base.
7. Commitment to Quality: Gorman-Rupp is committed to providing the highest quality products and services, with a strong emphasis on continuous improvement and customer satisfaction.
8. Extensive Service Network: The company has an extensive network of authorized distributors and service providers, ensuring quick and efficient support for its customers.
9. Strong Financial Performance: Gorman-Rupp has a strong financial track record, reflecting its stability and long-term success in the market.
10. Environmental Responsibility: The company is committed to environmental responsibility and sustainability, with a focus on producing energy-efficient products and reducing its environmental footprint.

The Gorman-Rupp company's business model focuses on designing, manufacturing, and selling pumps and pumping systems for various industries, including agriculture, construction, municipal, wastewater, and industrial markets. Their products are designed for efficient and reliable operation, with a focus on durability, longevity, and ease of maintenance. The company also offers aftermarket services, including repair, maintenance, and replacement parts. They aim to provide high-quality products and excellent customer service to maintain long-term relationships with their clients. Additionally, the company also invests in research and development to continually improve their products and stay at the forefront of the industry.

- Gorman-Rupp was founded in 1933 in Mansfield, Ohio by J.C. Gorman and Herbert E. Rupp.
- The company started by offering a line of dependable and efficient hand pumps for oilfield workers.
- Gorman-Rupp’s first major breakthrough came in the 1940s with the introduction of the “Bell & Gossett-type” centrifugal pump, which became the standard for the industry.
- In the 1950s, Gorman-Rupp began to diversify its product line to include irrigation pumps, agricultural pumps, and municipal wastewater pumps.
- In 1961, the company went public and was listed on the New York Stock Exchange.
- Gorman-Rupp built its first international facility in Canada in 1966, and has since expanded to have manufacturing facilities in Belgium, Dubai, and India.
- The company has a strong commitment to environmentally friendly practices and its wastewater management systems are designed to be energy-efficient and environmentally responsible.
- Gorman-Rupp products have been used in a variety of high-profile projects, including the construction of the Hoover Dam, the World Trade Center, and the Panama Canal expansion project.
- In 1998, Gorman-Rupp acquired AMT Pump Company, a leading manufacturer of industrial and commercial pumps.
- Gorman-Rupp has won numerous awards for its innovation and commitment to quality, including the National Hydropower Association’s Outstanding Stewardship Award and the Manufacturers and Heat Treaters Association’s American Manufacturing Award.
See Company Due Diligence: