Mansfield, Ohio - April 2, 2007 - The Gorman-Rupp Company (AMEX: GRC) reported that its wholly-owned subsidiary, The Gorman-Rupp International Company, has purchased controlling interest in Wavo Pompen B.V., a pump manufacturer with facilities located in Leeuwarden and Culemborg, The Netherlands.
Wavo Pompen, with annual sales of approximately $5.0 million during 2006, will continue to offer pumping equipment, both for sale and rent, to a broad customer base including the industrial, municipal, and construction markets in The Netherlands. Gorman-Rupp and Wavo have had a relationship for over 20 years and Wavo has managed Gorman-Rupp’s European Distribution Center in Leeuwarden since 2002.
Jeffrey S. Gorman, President and CEO commented, “Europe has been a very good market for The Gorman-Rupp Company, and we look forward to the benefits of expanding our international presence and increasing our line of pump products and services offered throughout the European community.”
© 2008,
The Gorman-Rupp Company
All Rights Reserved.