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The Gorman-Rupp Company

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The Gorman-Rupp Company - Energy & Power showcase

Year Founded & Workforce

1933

1,150 Employees

Industry

Energy & Power

Services

Submersible Pumps
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The Gorman-Rupp Company Overview

Company Headquarters: US

Founded: 1933

Workforce: ~1,150

Company Working: The Gorman-Rupp Company specializes in the manufacturing and design of pumps system and pumps. It provides pumps for various applications, which include construction, industrial, wastewater, petroleum, original equipment, fire protection, agriculture, food, and military applications. The pump product line includes standard centrifugal pumps, self-priming centrifugal pumps, submersible pumps, rotary gear pumps, priming assisted pumps, air-driven diaphragm pumps, and trash pumps. It carries out the distribution of pumps through a wide network of distributors, suppliers, company representatives, direct sales, and e-commerce.

The company serves in more than 150 countries worldwide through a network of subsidiaries and distributors. The subsidiaries of the company include Patterson Pumps Group, National Pumps Company, Custom Pumps Group, and Gorman-Rupp Pumps.

Strategy

The Gorman-Rupp Company focuses on enhancing its global presence. It has many strong subsidiaries under the pumps business in the US and Europe while it plans to integrate their operations. It considers taking advantage of its capacity to acquire extensively and thrive in the global market while focusing on geographic diversification. It has been investing into further developments of pumping products, services, and technology.

Company Snapshot

$348.97M

Revenue

1,150

Employees

1933

Founded

US

Headquarters

Key Developments

DateApproachDevelopment
October 2016AcquisitionPatterson Pump Company, a subsidiary of The Gorman-Rupp Company acquired Morrison Pump Company in Hollywood, Florida

Product Offering

  • The Gorman-Rupp Company
    • Submersible Pumps
    • Submersible Pumps

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 349 Mn in 2020 to USD 521 Mn in 2022.
The Gorman-Rupp Company — By Business Segment
Series (USD Mn)202020212022
Revenue349378.3521

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