GORMAN RUPP CO
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
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Item 2. PROPERTIES
The Company conducts business at plants and offices that are owned or leased and located in the United States and other countries as described below. The following table sets forth the location, approximate size, principal use, markets served, ownership status and utilization of each of our material facilities. Our facilities have the capacity to work three full-time shifts up to seven days per week as well as automated machining running during unstaffed hours, which the Company defines as full utilization. At partial utilization, our facilities are working one fully staffed shift five days per week, supplemented with partial second shifts and running certain automated machining operations during peak periods. We believe we make effective use of our productive capacities at our facilities. We consider our plants, machinery and equipment to be well maintained and in good operating condition. We believe the quality and production capacity of our facilities is sufficient to maintain our competitive position for the foreseeable future.
| Properties | Approximate Sq Footage | Principal Use | Markets Served | Owned/ Leased | Utilization |
|---|---|---|---|---|---|
| United States | |||||
| Bellville, OH | 98,000 | Manufacturing, R&D | Industrial, OEM | Owned | Partial |
| Fort Wayne, IN | 125,000 | Manufacturing, R&D | Industrial, agriculture, construction | Owned | Partial |
| Glendale, AZ | 32,000 | Manufacturing, R&D | Industrial, agriculture, municipal, pretroleum, OEM | Owned | Partial |
| Lenexa, KS | 142,000 | Manufacturing | Industrial, agriculture, construction | Leased | Partial |
| Lubbock, TX | 60,000 | Manufacturing | Industrial, agriculture, municipal, pretroleum, OEM | Owned | Partial |
| Mansfield, OH (2 properties) | 970,000 | Corporate HQ, Manufacturing, R&D | Industrial, construction, municipal, pretroleum, OEM | Owned | Partial |
| Olive Branch, MS | 62,000 | Manufacturing | Industrial, agriculture, municipal, pretroleum, OEM | Owned | Partial |
| Royersford, PA (2 properties) | 120,000 | Manufacturing | Industrial, agriculture, construction, municipal, OEM | Owned | Partial |
| Toccoa, GA | 295,000 | Manufacturing, R&D | Industrial, fire, municipal | Owned | Partial |
| Other Countries | |||||
| County Westmeath, Ireland | 42,000 | Manufacturing | Industrial, fire, municipal | Owned | Partial |
| Waardenburg, The Netherlands | 41,000 | Manufacturing | Industrial, agriculture, construction, municipal, pretroleum, OEM | Owned | Partial |
| St. Thomas, Ontario, Canada | 63,000 | Manufacturing | Industrial, agriculture, construction, municipal, pretroleum, OEM | Owned | Partial |
| Johannesburg, South Africa | 38,000 | Manufacturing | Industrial, agriculture, construction, municipal, pretroleum, OEM | Owned | Partial |
| Namur, Belgium | 18,000 | Manufacturing | Industrial, agriculture, construction, municipal, pretroleum, OEM | Owned | Partial |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.