The Gorman-Rupp Company (NYSE MKT: GRC) announces that its wholly-owned subsidiary, National Pump Company, has completed its planned purchase of the business of American Turbine Pump Companies (“ATP”), as previously announced on November 30, 2012.
Founded in 1975, ATP is a group of companies that collectively are a leading manufacturer and distributor of energy-efficient vertical turbine and submersible pumps primarily serving agricultural, municipal and industrial markets, both domestically and globally. During 2011, ATP had approximately $15 million in revenue from sales of its products through its Lubbock, Texas headquarters and two other locations in Houston, Texas and Fresno, California.
David P. Emmens
Corporate Secretary
The Gorman-Rupp Company
Telephone
(419) 755-1477
NYSE MKT: GRC
Contacts:
Wayne L. Knabel, Chief Financial Officer,
419-755-1397
