Gorman-Rupp: Further Upside After Strong Q2 Results (NYSE:GRC)

Water pumps


With its recent acquisition of Fill-Rite in 2022, The Gorman-Rupp Company (NYSE:GRC) levered its balance sheet for the first time in over 10 years. This acquisition was made for $528 million, or $448 million after expected tax benefits from the transaction. Fill-Rite generated $140 million

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