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Recent Updates — GRC

July 24, 2026View Source ↗

James C. Kerr, Executive Vice President and Chief Financial Officer, will retire and be succeeded by Ronald F. Stoops, current Vice President of Finance, effective October 1, 2026. Mr. Kerr will transition to a senior advisor role following his departure. The Gorman-Rupp Company is a designer and manufacturer of pumps and pump systems for diverse liquid-handling applications.

July 24, 2026View Source ↗

The Gorman-Rupp Company reported record second quarter 2026 net sales of $186.1 million, a 3.9% increase from the second quarter of 2025. Net income for the period was $19.4 million, or $0.74 per share, compared to $15.8 million, or $0.60 per share, in the prior year. Adjusted EBITDA was $38.2 million, representing 20.5% of sales. The company is a designer, manufacturer, and international marketer of pumps and pump systems for diverse liquid-handling applications.