MANSFIELD — It was a banner year in 2025 for the Gorman-Rupp Company, according to president and CEO Scott King. The Gorman-Rupp Company (NYSE: GRC) reported its financial results for the fourth quarter and year ended Dec. 31, 2025 in a press release issued on Feb. 6. “We are proud to have attained record sales, […]
Scott King
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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 reports 3rd quarter 2024 financial results
MANSFIELD — The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended Sept. 30, 2024. Scott A. King, President and CEO said, “We continued to achieve gross margin and earnings improvement despite a nominal increase in sales compared to last year. “In addition to the improvement in gross margin, interest expense in […]
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Why succession planning is crucial for every business: Insights from local leaders
ONTARIO — Local business leaders and a succession planning expert shared insights on successful succession plans at the event.
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Richland Area Chamber & Economic Development sets BOSS event for Sept. 25
MANSFIELD — The Richland Area Chamber & Economic Development announces its upcoming event, BOSS (Business Owners Sharing Solutions), designed to equip and connect business owners and managers. The event will feature a panel of distinguished speakers who are experts in their respective fields, discussing vital topics relevant to small business owners and managers. Do you […]
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Gorman-Rupp Co. declares cash dividend
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 stock of the Company, payable Sept. 10, 2024, to shareholders of record Aug. 15, 2024. This will mark the 298th consecutive quarterly dividend paid by The Gorman-Rupp Company. “Incoming orders have […]
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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 announces increase in quarterly cash dividend
MANSFIELD — The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable Dec. 8 to shareholders of record Nov. 15, 2023. The cash dividend will represent a 2.9% increase over the $0.175 dividend per share paid in […]
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Gorman-Rupp reports strong 2nd quarter showing in financial report
MANSFIELD — The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.175 per share on the common stock of the Company, payable September 8, 2023, to shareholders of record Aug. 15, 2023. This will mark the 294th consecutive quarterly dividend paid by The Gorman-Rupp Company. “Our strong organic […]