MANSFIELD – The Gorman-Rupp Company recently distributed profit sharing checks totaling more than $4.7 million to approximately 550 employees of its Mansfield and Gorman-Rupp Industries (Bellville) Divisions. This was the 91st consecutive year that company employees have shared in Gorman-Rupp’s profits, a program started by co-founders J.C. Gorman and H.E. Rupp. In addition to the […]
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Gorman-Rupp announces Pamela Heminger elected as new director
MANSFIELD — Pamela A. Heminger was elected to the Board of Directors at the Gorman-Rupp Company (NYSE: GRC). The announcement was made at Thursday’s annual meeting of the shareholders of The Gorman-Rupp Company. Heminger, age 57, is a senior vice president of Caterpillar Inc. (NYSE:CAT), a NYSE publicly traded leading manufacturer of construction and mining […]
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Gorman-Rupp reports 4th quarter & 2024 financial results
MANSFIELD — The Gorman-Rupp Company (NYSE: GRC) has issued the following report on financial results for the fourth quarter and the calendar year that ended Dec. 31, 2024. “We are pleased that we achieved an improvement in gross margin and operating income in 2024, as well as a 28% increase in adjusted earnings per share […]
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Gorman-Rupp Company declares cash dividend; announces annual meeting date
MANSFIELD — The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.185 per share on the common shares of the Company, payable March 10, 2025, to shareholders of record Feb. 14, 2025. This action will mark the 300th consecutive quarterly dividend paid by The Gorman-Rupp Company. Other action […]
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Gorman-Rupp shares profits with employees for 90th straight year
MANSFIELD – The Gorman-Rupp Company distributed profit sharing checks totaling more than $4.3 million to approximately 540 employees of its Mansfield and Gorman-Rupp Industries (Bellville, Ohio) Divisions, the company reported on Friday. This was the 90th consecutive year that the company’s employees have shared in the Company’s profits, a program started by co-founders J.C. Gorman […]
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Gorman-Rupp completes debt refinancing
MANSFIELD — The Gorman-Rupp Company (NYSE: GRC) (the “Company”), a leading designer, manufacturer, and international marketer of pumps and pump systems based in Mansfield, has announced the completion of a series of transactions to refinance its debt. These transactions are expected to reduce interest expense, and will extend and stagger the Company’s debt maturities. “Since […]
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Gorman-Rupp declares quarterly cash dividend
MANSFIELD — The Gorman-Rupp Company has declared a quarterly cash dividend of $0.18 per share for the common stock of the company. The dividend will be paid to shareholders of record May 15, 2024, marking the 297th consecutive quarterly dividend paid by The Gorman-Rupp Company. The Gorman-Rupp Company is a leading designer, manufacturer, and international […]
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Gorman-Rupp reports 2023 financial results
MANSFIELD — The Gorman-Rupp Company (NYSE: GRC) has reported financial results for the fourth quarter and the year, which ended Dec. 31, 2023. Scott A. King, President and CEO said 2023 marked another significant milestone as the company celebrated its 90th anniversary. “We are proud that over that history we have stayed true to our […]
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Gorman-Rupp Co. declares cash dividend & announces date of annual meeting
MANSFIELD — The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable March 8, 2024, to shareholders of record Feb. 15, 2024. This action will mark the 296th consecutive quarterly dividend paid by The Gorman-Rupp Company. Other […]
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Gorman-Rupp announces 9.7-percent increase in quarterly cash dividend
MANSFIELD — The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.17 per share on the common shares of the Company, payable Dec. 10, 2021, to shareholders of record Nov. 15, 2021. The cash dividend will represent a 9.7% increase over the $0.155 dividend per share paid […]