Gorman-Rupp to amass Tuthill’s Fill-Rite enterprise

The Gorman-Rupp Co has entered right into a definitive settlement to accumulate the belongings of Fill-Rite and Sotera, a division of Tuthill Corp, for US$525 million.
Image © pichetw – inventory.adobe.com.
Fill-Rite supplies liquid switch pumps in addition to a line of mechanical and digital meters, precision weights and measures, licensed meters, hand pumps, hoses, nozzles and equipment.
With services in Fort Wayne, Indiana and Lenexa, Kansas, USA, Fill-Rite has annual income of approximately US$140 million.
The Fill-Rite and Sotera manufacturers strategically broaden Gorman-Rupp’s place in agriculture, building and recreation markets.
“We are extraordinarily excited to welcome Fill-Rite’s spectacular portfolio of mission-critical pumps and its outstanding staff of workers to the Gorman-Rupp family,” mentioned Scott King, president and CEO of Gorman-Rupp. “Altogether, with our combined capabilities, we anticipate our revenues to reach over US$500 million yearly – a significant milestone.”
“I first realized about Gorman-Rupp when I was in high school,” stated Jay Tuthill, chairman of Tuthill Corp. “That was the summer time of 1969 and I was being given a crash course on ‘Who’s Who in the Pump Business’. Now, more than half a century later, I am thrilled to see Tuthill’s Fill-Rite enterprise shifting into the Gorman-Rupp orbit.”
จำหน่ายเกจวัดแรงดัน -Rupp says that Fill-Rite aligns with its disciplined acquisition criteria centered on pumps and pumping options.
“We are happy to have discovered a partner that represents a wonderful strategic fit for each corporations, bringing together two pioneering flow management companies with over 150 years of combined expertise working as market-leaders,” stated Jeff Gorman, executive chairman of Gorman-Rupp’s board of administrators. “This exceptional opportunity matches nicely into Gorman-Rupp’s general strategic plan to find well-suited opportunities for enlargement and innovation.”
Fill-Rite’s administration team will continue to lead the enterprise as a new division of Gorman-Rupp.

Scroll to Top