Gorman-Rupp to accumulate Tuthill’s Fill-Rite business

The Gorman-Rupp Co has entered into a definitive agreement to amass the assets of Fill-Rite and Sotera, a division of Tuthill Corp, for US$525 million.
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Fill-Rite provides liquid transfer pumps in addition to a line of mechanical and digital meters, precision weights and measures, certified meters, hand pumps, hoses, nozzles and accessories.
With services in Fort Wayne, Indiana and Lenexa, Kansas, USA, Fill-Rite has annual revenue of approximately US$140 million.
The Fill-Rite and Sotera manufacturers strategically increase Gorman-Rupp’s place in agriculture, construction and recreation markets.
“We are extraordinarily excited to welcome Fill-Rite’s spectacular portfolio of mission-critical pumps and its excellent group of workers to the Gorman-Rupp family,” said Scott King, president and CEO of Gorman-Rupp. “Altogether, with our combined capabilities, we anticipate our revenues to reach over US$500 million annually – a major milestone.”
“I first discovered about Gorman-Rupp when I was in highschool,” said Jay Tuthill, chairman of Tuthill Corp. “That was the summer 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 business moving into the Gorman-Rupp orbit.”
Gorman-Rupp says that Fill-Rite aligns with its disciplined acquisition criteria focused on pumps and pumping options.
“We are happy to have discovered a partner that represents an excellent strategic match for both corporations, bringing collectively two pioneering flow management businesses with over 150 years of combined expertise working as market-leaders,” mentioned Jeff Gorman, executive chairman of Gorman-Rupp’s board of administrators. “ เกจวัดแรงดันน้ําไทวัสดุ matches properly into Gorman-Rupp’s overall strategic plan to search out well-suited opportunities for expansion and innovation.”
Fill- เครื่องมือที่ใช้วัดความดัน ’s administration team will continue to guide the business as a brand new division of Gorman-Rupp.
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