8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 16, 2006

THE GORMAN-RUPP COMPANY

(Exact Name of Registrant as Specified in its Charter)

Ohio

(State or Other Jurisdiction of Incorporation)

1-6747	34-0253990
(Commission File Number)	(I.R.S. Employee Identification No.)
305 Bowman Street, Mansfield, Ohio	44903
(Address of Principal Executive Offices)	(Zip Code)

(419) 755-1011

(Registrant’s Telephone Number, Including Area Code)

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:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 RESULTS OPERATIONS AND FINANCIAL CONDITION

     On February 16, 2006, The Gorman-Rupp Company issued a news release announcing its audited financial results for the year ended December 31, 2005. This news release is included as Exhibit 99 and is being furnished, not filed, with this Current Report on Form 8-K.

Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS

     (d) Exhibits

Exhibit

(99)      News Release dated February 16, 2006

SIGNATURES

     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.

THE GORMAN-RUPP COMPANY
By	/s/ David P. Emmens
	David P. Emmens Corporate Counsel and Secretary

February 16, 2006

EXHIBIT INDEX

Exhibit	Page
(99) News Release dated February 16, 2006		3

- 2 -

EX-99

Exhibit 99
Page 1

GORMAN-RUPP REPORTS DOUBLE-DIGIT SALES AND EARNINGS GROWTH FOR 2005

Mansfield, Ohio – February 16, 2006 – The Gorman-Rupp Company (AMEX:GRC) reports record net sales of $231,249,000 for the year ended December 31, 2005, a 13.6% increase over net sales of $203,554,000 during 2004. Net income increased 17.5% to $10,903,000 during 2005 compared to $9,277,000 in 2004. Earnings per share were $1.02 during 2005 compared to $0.87 during 2004.

Record sales in 2005 reflected double-digit percentage increases in commercial, municipal and international sales, principally from the Company’s Mansfield Division. Sales to most markets improved over 2004.

Net sales during the fourth quarter 2005 were $64,123,000 compared to $50,927,000 in 2004, an increase of 25.9%. Net income increased 26.2% to $3,237,000 during the same period compared to $2,565,000 during 2004, equal to earnings per share of $0.30 and $0.24 respectively.

The Company’s record backlog of orders at December 31, 2005 was $94.1 million compared to $69.0 million at the end of 2004, an increase of 36.4%. The record backlog includes an increase in orders at the Company’s subsidiary Patterson Pump Company of approximately $20.0 million, an increase of 43.2% over 2004.

All of the Company’s subsidiaries and divisions were profitable during 2005. In particular, Patterson Pump Company earnings during the fourth quarter were much improved over the previous three quarters. The material weakness in internal controls identified during 2004 at Patterson has been remediated.

The Company remains financially strong with no bank debt at December 31, 2005.

President and CEO Jeffrey Gorman stated, “2005 was a much-improved and solid growth year for the Company. We are especially encouraged by the growth in international sales. The Patterson Pump Company has made substantial progress and its improved contribution is expected to continue during 2006. The record backlog at year-end is also a very positive sign as we move into the new year.”

David P. Emmens
Corporate Secretary
The Gorman-Rupp Company
Telephone (419) 755-1477

For information contact Robert E. Kirkendall, Senior Vice President & CFO, Telephone 419) 755-1294.

The Gorman-Rupp Company is a manufacturer of pumps and related equipment for water, wastewater, construction, industrial, petroleum, original equipment, agricultural, fire and government applications.

Exhibit 99
Page 2

The Gorman-Rupp Company and Subsidiaries
Condensed Consolidated Statements of Income
(Thousands of dollars, except per share data)

	Three Months Ended					Twelve Months Ended
	December 31,					December 31,
	(unaudited)
	2005			2004		2005		2004
Net sales	$	64,123		$	50,927	$	231,249	$	203,554
Cost of products sold		50,613			40,278		184,178		161,129
Gross Profit		13,510			10,649		47,071		42,425
Selling, general and administrative expenses		8,536			7,446		30,368		28,999
Operating Income		4,974			3,203		16,703		13,426
Other income (expense) — net		(4	)		495		435		926
Income Before Income Taxes		4,970			3,698		17,138		14,352
Income taxes		1,733			1,133		6,235		5,075
Net Income	$	3,237		$	2,565	$	10,903	$	9,277
Basic and Diluted Earnings Per Share	$	0.30		$	0.24	$	1.02	$	0.87

The Gorman-Rupp Company and Subsidiaries
Condensed Consolidated Balance Sheets
(Thousands of dollars)

	December 31,		December 31,
	2005		2004
Assets
Cash and short-term investments	$	11,540	$	18,898
Accounts receivable		41,473		32,988
Inventories		52,403		38,234
Deferred income taxes and other current assets		5,085		6,854
Total Current Assets		110,501		96,974
Property, Plant and Equipment — net		51,505		54,812
Other		17,535		13,887
Total Assets	$	179,541	$	165,673
Liabilities and Shareholders’ Equity
Accounts payable	$	9,835	$	6,615
Accrued liabilities and expenses		18,384		14,497
Total Current Liabilities		28,219		21,112
Postretirement Benefits		23,255		22,334
Deferred Income Taxes		1,019		329
Shareholders’ Equity		127,048		121,898
Total Liabilities and Shareholders’ Equity	$	179,541	$	165,673
Shares outstanding		10,685,697		10,682,697