Gorman-Rupp Company (The) Common Stock (GRC)
Frequently Asked Questions About Gorman-Rupp Company (The) Common Stock (GRC)
Does Gorman-Rupp engage in corporate social responsibility?
Yes, Gorman-Rupp is actively involved in corporate social responsibility programs. The company participates in community initiatives, supports local educational programs, and encourages employee volunteering, fostering a positive impact in the communities where they operate.
How can investors track Gorman-Rupp's stock performance?
Investors can track Gorman-Rupp's stock performance through financial news websites, stock brokerage platforms, and the New York Stock Exchange where the company is listed under the ticker symbol 'GRC'. Regular updates on performance metrics, earnings reports, and market analysis provide insights into the company's financial health.
How does Gorman-Rupp ensure product quality?
Gorman-Rupp emphasizes quality assurance through stringent testing protocols, continuous process improvement, and adherence to industry standards. The company has certified quality management systems in place to ensure that every product meets high-performance and reliability benchmarks before it reaches the customer.
How does Gorman-Rupp maintain competitive pricing?
Gorman-Rupp maintains competitive pricing through efficient manufacturing processes, strong supply chain management, and leveraging economies of scale. By optimizing their operations, the company ensures that it can deliver high-quality products at prices that remain attractive to customers.
How does Gorman-Rupp respond to market changes?
Gorman-Rupp strategically responds to market changes by continuously analyzing industry trends, adapting its product offerings to meet customer needs, and seeking opportunities for expansion into new markets. Their agile approach allows them to stay competitive even amidst economic fluctuations.
Is Gorman-Rupp publicly traded?
Yes, Gorman-Rupp is publicly traded on the New York Stock Exchange under the ticker symbol 'GRC'. As a publicly held company, it is subject to the regulations and reporting requirements of the Securities and Exchange Commission (SEC), providing financial transparency to its investors.
What are Gorman-Rupp's financial performance trends?
Gorman-Rupp's financial performance has demonstrated resilience and growth over the years, driven by the steady demand for its products in various sectors. The company regularly reports its earnings and provides guidance on future expectations, reflecting its strategic focus on market expansion and cost management.
What are the key values of Gorman-Rupp Company?
Gorman-Rupp upholds key values of integrity, innovation, quality, and customer focus. These principles guide the company in its operations, product development, and relationships with clients, ensuring that it consistently meets the high expectations of its stakeholders.
What does Gorman-Rupp Company do?
Gorman-Rupp Company is a manufacturer of pumps and pump systems primarily used in the municipal, industrial, and agricultural markets. Established in 1933, the company designs and builds high-quality centrifugal pumps that handle a variety of fluids, including water, sewage, and industrial chemicals. Their products are known for durability and efficiency, catering to both domestic and international customers.
What innovations has Gorman-Rupp implemented?
Gorman-Rupp is committed to innovation and regularly invests in research and development to enhance its product offerings. Recently, the company has focused on developing more energy-efficient products and integrating advanced technologies such as IoT for better monitoring and control of pumping systems.
What is Gorman-Rupp's approach to sustainability?
Gorman-Rupp is dedicated to sustainability and implements practices to reduce its environmental impact. This includes developing energy-efficient pumps, minimizing waste during manufacturing, and complying with environmental regulations to promote responsible resource management.
What is Gorman-Rupp's primary market?
Gorman-Rupp primarily operates in the markets of municipal, industrial, and agricultural sectors. Their products are widely used for water supply, wastewater treatment, irrigation, and dewatering applications, addressing needs for both environmental management and efficient fluid transport.
What is Gorman-Rupp's vision for the future?
Gorman-Rupp's vision for the future emphasizes innovation in pump technology, expansion into emerging markets, and a commitment to sustainability. The company aims to remain a leader in the pumping solutions industry by continuously improving its products and services to meet evolving customer demands.
What kind of customer base does Gorman-Rupp have?
Gorman-Rupp serves a diverse customer base that includes municipalities, agricultural operations, industrial companies, and original equipment manufacturers (OEMs). Their products are essential for critical applications, leading to a strong and loyal customer network both domestically and internationally.
What resources does Gorman-Rupp offer to its clients?
Gorman-Rupp provides various resources to its clients, including product catalogs, installation guides, technical support, and a robust customer service team. Additionally, the company offers training and educational resources for users to maximize the efficiency and performance of their pumping systems.
What types of pumps does Gorman-Rupp manufacture?
Gorman-Rupp manufactures a wide range of pumps, including centrifugal pumps, positive displacement pumps, submersible pumps, and self-priming pumps. They also produce packaged pump systems designed for specific applications, ensuring optimal performance and reliability in various conditions.
When was Gorman-Rupp Company founded?
Gorman-Rupp Company was founded in 1933 by Harvey Gorman and his partner, Earl Rupp, in Mansfield, Ohio. Since its inception, the company has grown significantly and established a reputation for high-quality pumping equipment and systems, expanding its facilities and capacity over the decades.
Where is Gorman-Rupp Company located?
The headquarters of Gorman-Rupp Company is situated in Mansfield, Ohio, in the United States. The company also has multiple manufacturing facilities across the U.S. and international locations, which enables them to efficiently serve a global client base.
Who are Gorman-Rupp's main competitors?
Gorman-Rupp's main competitors include other pump manufacturers such as Xylem Inc., Pentair plc, and Grundfos. These companies also produce a wide variety of pump systems and solutions, competing in similar markets including municipal, industrial, and agricultural applications.
What is the current price of Gorman-Rupp Company (The) Common Stock?
The current price of Gorman-Rupp Company (The) Common Stock is 33.90
When was Gorman-Rupp Company (The) Common Stock last traded?
The last trade of Gorman-Rupp Company (The) Common Stock was at 7:00 pm EDT on April 3rd, 2025
What is the market capitalization of Gorman-Rupp Company (The) Common Stock?
The market capitalization of Gorman-Rupp Company (The) Common Stock is 887.98M
How many shares of Gorman-Rupp Company (The) Common Stock are outstanding?
Gorman-Rupp Company (The) Common Stock has 26.19M shares outstanding.