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. EmmensCorporate SecretaryThe Gorman-Rupp CompanyTelephone (419) 755-1477NYSE MKT: GRC
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