<SEC-DOCUMENT>0001157523-17-000342.txt : 20170203
<SEC-HEADER>0001157523-17-000342.hdr.sgml : 20170203
<ACCEPTANCE-DATETIME>20170203095924
ACCESSION NUMBER:		0001157523-17-000342
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170203
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170203
DATE AS OF CHANGE:		20170203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GORMAN RUPP CO
		CENTRAL INDEX KEY:			0000042682
		STANDARD INDUSTRIAL CLASSIFICATION:	PUMPS & PUMPING EQUIPMENT [3561]
		IRS NUMBER:				340253990
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06747
		FILM NUMBER:		17570469

	BUSINESS ADDRESS:	
		STREET 1:		600 SOUTH AIRPORT ROAD
		STREET 2:		P.O. BOX 1217
		CITY:			MANSFIELD
		STATE:			OH
		ZIP:			44901
		BUSINESS PHONE:		419-755-1011

	MAIL ADDRESS:	
		STREET 1:		600 SOUTH AIRPORT ROAD
		STREET 2:		P.O. BOX 1217
		CITY:			MANSFIELD
		STATE:			OH
		ZIP:			44901
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51504559.htm
<DESCRIPTION>THE GORMAN-RUPP COMPANY 8-K
<TEXT>
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    <p style="text-align: center">

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          &#160;
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    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 16pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 16pt"><br style="font-size: 16pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 16pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Washington,
      D.C. 20549</b></font><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT </b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 OR 15(d)&#160;of The Securities Exchange Act of 1934</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">Date of
      Report &#160;(Date of earliest event reported) ;&#160;</font><font style="font-family: Times New Roman; font-size: 10pt"><b>February
      3, 2017</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 18pt"><b>THE GORMAN-RUPP COMPANY</b></font><br><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; border-bottom-color: black; width: 32%; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Ohio</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; width: 32%; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-6747</b>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; width: 32%; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>34-0253990</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 32%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of incorporation)
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 32%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission&#160;File Number)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 32%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer Identification No.)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; border-bottom-color: black; width: 49%; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>600 South Airport Road, Mansfield, Ohio</b>
          </p>
        </td>
        <td valign="top" style="width: 2%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; width: 49%; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>44903</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 49%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="bottom" style="width: 49%; text-align: center; padding-left: 0.0px">
          <font style="font-family: Times New Roman; font-size: 10pt">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">Registrant&#8217;s
      telephone number, including area code</font>: &#160;<b>(419) 755-1011</b>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            __________________________________________________
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Former name or former address, if changed since last report.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>

    </p>
    <div style="width: 100%; text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item&#160;2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION</b>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      On February 3, 2017, The Gorman-Rupp Company issued a news release
      announcing its financial results for the fourth quarter and year ended
      December 31, 2016.&#160;&#160;This news release is included as Exhibit&#160;99 and is
      being furnished, not filed, with the Current Report on Form 8-K.
    </p>
    <p style="text-indent: 60.0px">

    </p>
    <p>
      <b>Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS</b>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      (d) <u>Exhibits</u>
    </p>
    <p>
      <u>Exhibit</u><br>(99)&#160;&#160;&#160;&#160;&#160;&#160;News Release dated February 3, 2017
    </p>
    <p style="white-space: nowrap">

    </p>
    <div style="width: 100%; text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p>

    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">

    </p>
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        <td colspan="2">
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            THE GORMAN-RUPP COMPANY
          </p>
        </td>
        <td style="width: 6%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 15%; text-align: left; padding-left: 0.0px">

        </td>
        <td style="width: 30%">
          &#160;
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 43%">

        </td>
        <td style="width: 6%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 15%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 30%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By
          </p>
        </td>
        <td valign="top" style="border-bottom-style: solid; border-bottom-color: black; width: 43%; text-align: left; border-bottom-width: 1.0pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Brigette A. Burnell
          </p>
        </td>
        <td style="width: 6%">

        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 43%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Brigette A. Burnell
          </p>
        </td>
        <td style="width: 6%">

        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 3%">

        </td>
        <td valign="top" style="width: 43%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            General Counsel and Corporate Secretary
          </p>
        </td>
        <td style="width: 6%">

        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 43%">

        </td>
        <td style="width: 6%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 15%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            February 3, 2017
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 43%">

        </td>
        <td style="width: 6%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a51504559_ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
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    <title></title>
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  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Gorman-Rupp
      Reports Fourth Quarter and Full-Year 2016 Financial Results</b></font>
    </p>
    <p>
      MANSFIELD, Ohio--(BUSINESS WIRE)--February 3, 2017--The Gorman-Rupp
      Company (NYSE MKT: GRC) reports financial results for the fourth quarter
      and year ended December 31, 2016.
    </p>
    <p>
      Net sales during the fourth quarter were $94.2 million compared to $98.8
      million during the fourth quarter of 2015, a decrease of 4.6% or $4.6
      million. Excluding sales from the New Orleans Permanent Canal Closures &amp;
      Pumps (&#8220;PCCP&#8221;) project of $0.5 million in the fourth quarter of 2016 and
      $7.4 million for the same period in 2015, net sales during the quarter
      increased 2.5% or $2.3 million. Domestic sales, excluding PCCP,
      increased 8.8% or $4.9 million and international sales decreased 7.1% or
      $2.6 million compared to the same period in 2015.
    </p>
    <p>
      Sales in our larger water markets, excluding PCCP, increased 4.7% or
      $3.0 million in the fourth quarter of 2016 compared to the fourth
      quarter of 2015. Sales in the municipal market, excluding PCCP,
      increased $3.1 million driven by increased shipments attributable to
      clean water and wastewater applications. Sales in the agriculture market
      increased $0.8 million due to improved international shipments and sales
      in the construction market increased $0.6 million due primarily to sales
      to new customers. However, sales in the fire protection market decreased
      $1.6 million principally due to market softness in the Middle East.
    </p>
    <p>
      Sales decreased 2.2% or $0.7 million in non-water markets during the
      fourth quarter of 2016 compared to the fourth quarter of 2015. Sales in
      the industrial and petroleum markets decreased a combined $1.2 million
      principally attributable to the slowdown in oil and gas production.
      These decreases were partially offset by increased shipments of $0.6
      million in the OEM market driven by sales of fuel-handling pumps.
    </p>
    <p>
      Net sales for the year ended December 31, 2016 were $382.1 million
      compared to $406.2 million for 2015, a decrease of 5.9% or $24.1
      million. Excluding sales from the PCCP project of $9.9 million in 2016
      and $37.7 million in 2015, net sales in 2016 increased 1.0% or $3.7
      million. Domestic sales, excluding PCCP, increased 3.9% or $9.0 million
      and international sales decreased 3.9% or $5.3 million. Of the total
      decrease in net sales in 2016, approximately $0.9 million was due to
      unfavorable foreign currency translation.
    </p>
    <p>
      Sales in our larger water markets, excluding PCCP, increased 3.6% or
      $9.1 million in 2016 compared to 2015. Sales in the municipal market,
      excluding PCCP, increased $15.1 million driven by increased shipments
      attributable to other flood control projects, clean water and wastewater
      applications. Sales in the construction market increased $2.7 million
      due primarily to sales to rental businesses and sales to new customers.
      However, sales decreased $3.7 million in the fire protection market due
      to market softness domestically and in the Middle East, and $2.3 million
      in the agriculture market principally due to wet weather conditions in
      many domestic locations and lower farm income. In addition, sales of
      repair parts decreased $2.8 million.
    </p>
    <p>
      Sales decreased 4.6% or $5.4 million in non-water markets during 2016
      compared to 2015. Increased sales of $3.2 million in the OEM market
      related to power generation equipment and services were offset by a
      decrease of $7.7 million in the industrial market largely attributable
      to the slowdown in oil and gas production.
    </p>
    <p>
      Gross profit was $23.2 million for the fourth quarter of 2016, resulting
      in gross margin of 24.7%, compared to gross profit of $21.2 million and
      gross margin of 21.5% for the same period in 2015. The quarter&#8217;s gross
      margin increase was due principally to favorable sales mix changes, most
      notably within the municipal market, and a non-cash pension settlement
      charge of 30 basis points in the fourth quarter of 2015 which did not
      recur in the same period in 2016.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Operating income was $7.1 million, resulting in operating margin of 7.5%
      for the fourth quarter of 2016, compared to operating income of $7.0
      million and operating margin of 7.0% for the same period in 2015. In the
      fourth quarter of 2016 due to the prolonged downturn in the oil and gas
      industry, the Bayou City Pump Company reporting unit recorded a pre-tax
      non-cash goodwill impairment charge of $1.8 million impacting operating
      margin by 190 basis points. In the fourth quarter of 2015 there was a
      non-cash pension settlement charge totaling 50 basis points which did
      not recur in the same period in 2016.
    </p>
    <p>
      Net income was $5.1 million during the fourth quarter of 2016 compared
      to $5.3 million in the fourth quarter of 2015 and earnings per share
      were $0.19 and $0.21 for the respective periods. A non-cash goodwill
      impairment charge decreased the fourth quarter of 2016 earnings by $0.05
      per share. Conversely, a LIFO inventory adjustment increased the fourth
      quarter of 2016 earnings by $0.01 per share and a non-cash pension
      settlement charge reduced the fourth quarter of 2015 earnings by $0.01
      per share.
    </p>
    <p>
      Gross profit was $92.0 million for the year ended December 31, 2016,
      resulting in gross margin of 24.1%, compared to gross profit of $92.6
      million and gross margin of 22.8% for 2015. The gross margin increase
      was due principally to favorable sales mix changes, most notably within
      the municipal market, a LIFO inventory adjustment of 50 basis points and
      a non-cash pension settlement charge of 60 basis points in 2015 which
      did not recur in 2016.
    </p>
    <p>
      Operating income was $35.7 million, resulting in operating margin of
      9.3% for the year ended December 31, 2016, compared to operating income
      of $36.4 million and operating margin of 9.0% for 2015. The change in
      operating margin was impacted by a non-cash goodwill impairment charge
      in 2016 of 50 basis points and lower leverage due to sales volume
      decreases, offset by a LIFO inventory adjustment of 50 basis points and
      a non-cash pension settlement charge totaling 90 basis points in 2015
      which did not recur in 2016.
    </p>
    <p>
      Net income was $24.9 million for the year ended December 31, 2016
      compared to $25.1 million for 2015 and earnings per share were $0.95 and
      $0.96 for the respective periods. The non-cash goodwill impairment
      charge decreased 2016 earnings by $0.05 per share. However, the change
      in LIFO inventory adjustment between years increased 2016 earnings by
      $0.04 per share. In addition, a non-cash pension settlement charge
      reduced 2015 earnings by $0.10 per share.
    </p>
    <p>
      The Company&#8217;s backlog of orders was $98.8 million at December 31, 2016
      compared to $117.1 million at December&#160;31, 2015. Excluding the PCCP
      project in 2016 and 2015, the backlog at December 31, 2016 was down 7.9%
      as compared to December 31, 2015. In addition to the impact of PCCP,
      backlog has been impacted by lower orders in the petroleum and fire
      protection markets. Encouragingly, the municipal wastewater sector
      continues to be gaining momentum as incoming orders have increased as
      compared to the third quarter of 2016 and the year 2015.
    </p>
    <p>
      The Company generated $53.4 million of operating cash flow during 2016
      and continues to have a strong and flexible balance sheet. Cash and cash
      equivalents totaled $57.6 million at December 31, 2016 and working
      capital increased $8.6 million from December 31, 2015 to $154.5 million
      at December 31, 2016. The increase in working capital was due
      principally to higher cash balances partially offset by lower
      inventories and increased accrued commissions and customer deposits. Net
      capital expenditures for 2016 of $6.9 million consisted primarily of
      machinery and equipment, a new operations facility in Africa, and other
      building improvements. Capital additions for 2017 are presently planned
      to be in the range of $8-$10 million and are expected to be financed
      through internally-generated funds. The Company had no bank debt as of
      December 31, 2016.
    </p>
    <p>
      Jeffrey S. Gorman, President and CEO commented, &#8220;Although headwinds may
      remain for the agricultural and export markets for 2017, we are hopeful
      that capital spending in the oil and gas markets may have reached bottom
      and should begin to increase. We are also encouraged by the new federal
      administration&#8217;s attention to increased spending for water and
      wastewater infrastructure, military growth and renewed pipeline
      projects. Along with the administration&#8217;s focus on U.S. manufacturing,
      these initiatives could be positive for Gorman-Rupp as the majority of
      our products continue to be manufactured domestically. Our underlying
      fundamentals remain strong and we remain well positioned to drive
      long-term growth.&#8221;
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Safe Harbor Statement
    </p>
    <p>
      In connection with the &#8220;safe harbor&#8221; provisions of the Private
      Securities Litigation Reform Act of 1995, The Gorman-Rupp Company
      provides the following cautionary statement: This news release contains
      various forward-looking statements based on assumptions concerning The
      Gorman-Rupp Company&#8217;s operations, future results and prospects. These
      forward-looking statements are based on current expectations about
      important economic, political, and technological factors, among others,
      and are subject to risks and uncertainties, which could cause the actual
      results or events to differ materially from those set forth in or
      implied by the forward-looking statements and related assumptions. Such
      factors include, but are not limited to: (1)&#160;continuation of the current
      and projected future business environment; (2)&#160;highly competitive
      markets; (3)&#160;availability of raw materials; (4)&#160;loss of key management;
      (5)&#160;cyber security threats; (6)&#160;acquisition performance and integration;
      (7)&#160;compliance with, and costs related to, a variety of import and
      export laws and regulations; (8) environmental compliance costs and
      liabilities; (9) exposure to fluctuations in foreign currency exchange
      rates; (10) conditions in foreign countries in which The Gorman-Rupp
      Company conducts business; (11) impairment in the value of intangible
      assets, including goodwill; (12) defined benefit pension plan settlement
      expense; (13) family ownership of common equity; and (14)&#160;risks
      described from time to time in our reports filed with the Securities and
      Exchange Commission. Except to the extent required by law, we do not
      undertake and specifically decline any obligation to review or update
      any forward-looking statements or to publicly announce the results of
      any revisions to any of such statements to reflect future events or
      developments or otherwise.
    </p>
    <p>
      Brigette A. Burnell<br>Corporate Secretary<br>The Gorman-Rupp Company<br>Telephone
      (419) 755-1246<br>NYSE MKT: GRC
    </p>
    <p>
      For additional information, contact James C. Kerr, Chief Financial
      Officer, Telephone (419) 755-1548.
    </p>
    <p>
      The Gorman-Rupp Company is a leading designer, manufacturer and
      international marketer of pumps and pump systems for use in diverse
      water, wastewater, construction, dewatering, industrial, petroleum,
      original equipment, agriculture, fire protection, heating, ventilating
      and air conditioning (HVAC), military and other liquid-handling
      applications.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="9">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="17">
          The Gorman-Rupp Company and Subsidiaries
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="17">
          Condensed Consolidated Statements of Income (Unaudited)
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="17">
          (in thousands of dollars, except per share data)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" colspan="6">
          Three Months Ended December 31,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" colspan="6">
          Year Ended December 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2">
          2016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2">
          2015
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2">
          2016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2">
          2015
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Net sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          94,203
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          98,796
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          382,071
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          406,150
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Cost of products sold
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          70,985
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          77,584
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          290,046
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          313,570
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Gross profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          23,218
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          21,212
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          92,025
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          92,580
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Selling, general and administrative expenses
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          14,338
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          14,256
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          54,528
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          56,189
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          1,800
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          1,800
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Operating income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          7,080
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          6,956
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          35,697
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          36,391
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Other income, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          109
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          484
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          785
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          875
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Income before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          7,189
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          7,440
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          36,482
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          37,266
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          2,135
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          2,128
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          11,599
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          12,157
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px; padding-bottom: 4.0px">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          5,054
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          5,312
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          24,883
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          25,109
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Earnings per share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          0.19
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          0.21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          0.95
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          0.96
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="9">
          The Gorman-Rupp Company and Subsidiaries
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="9">
          Condensed Consolidated Balance Sheets (Unaudited)
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="9">
          (in thousands of dollars)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" colspan="2">
          December 31,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px" colspan="2">
          December 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2">
          2016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2">
          2015
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Assets</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          57,604
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          23,724
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          71,424
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          76,758
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Inventories, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          69,049
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          82,818
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Other current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          5,823
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          6,091
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          203,900
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          189,391
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Property, plant and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          122,067
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          129,887
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Other assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          7,769
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          3,860
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Prepaid pension benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          6,211
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Goodwill and other intangible assets, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          42,871
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          41,063
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px; padding-bottom: 4.0px">
          Total assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          382,818
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          364,201
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Liabilities and shareholders' equity</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Accounts payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          16,306
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          14,529
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Accrued liabilities and expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          33,046
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          28,931
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          49,352
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          43,460
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Pension benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          9,309
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Postretirement benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          20,709
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          20,784
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Other long-term liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          9,869
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          3,627
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Total liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          79,930
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          77,180
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px">
          Shareholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          302,888
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: solid; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 1.0pt; padding-left: 0.0px">
          287,021
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px">
          Total liabilities and shareholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          382,818
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; border-bottom-style: double; border-bottom-color: black; white-space: nowrap; text-align: right; border-bottom-width: 2.25pt; padding-left: 0.0px">
          364,201
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Shares outstanding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          26,093,123
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          26,083,623
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>The Gorman-Rupp Company<br>James C. Kerr, Chief Financial
      Officer, 419-755-1548
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
