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): April 26, 2007

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:

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

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

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

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

Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

     On April 26, 2007, The Gorman-Rupp Company issued a news release announcing its unaudited financial results for the first quarter ended March 31, 2007. 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 April 26, 2007

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

April 27, 2007

EXHIBIT INDEX

Exhibit		Page
(99)	News Release dated April 26, 2007		3

- 2-

EX-99

Exhibit 99

Page 1

GORMAN-RUPP REPORTS RECORD FIRST QUARTER 2007 RESULTS

Mansfield, Ohio – April 26, 2007 – The Gorman-Rupp Company (AMEX:GRC) reports record net sales of $74,461,000 during the first quarter ended March 31, 2007 compared to $67,087,000 during the same period in 2006, an increase of 11.0%. Net income during the quarter was $5,092,000, an increase of 12.2% compared to $4,538,000 in 2006, resulting in record first quarter earnings per share of $0.38 compared to $0.34 in 2006.

Sales during the quarter reflected continued growth in the municipal, industrial, construction and rental markets. Sales at Patterson Pump Company, a wholly-owned subsidiary, increased during the quarter principally as a result of pumps supplied for a flood control project in New Orleans.

Record first quarter earnings, resulting primarily from the volume leverage of increased sales, were reduced by higher healthcare costs of approximately $0.04 per share.

Strong incoming orders during the quarter resulted in a record backlog of $115.2 million at March 31, 2007, a 16.8% increase from a year ago and 5.2% higher than the backlog of $109.5 million at December 31, 2006. Demand arising from continued global focus on water, wastewater and flood control projects remains a major contributor to the record-breaking backlog.

The Company continued its international growth strategy with the purchase on April 2, 2007 of a controlling interest in Wavo Pompen B.V., located in The Netherlands and the establishment of Gorman-Rupp Europe B.V. These actions are expected to offer the Company expanded European market opportunities.

The Company was pleased to be recognized in the Audit Integrity Top 100 for excellence in corporate integrity for its financial reporting and corporate governance during 2006.

President and CEO Jeffrey Gorman stated, “We are extremely pleased with the record first quarter results and strength of incoming orders. The establishment of Gorman-Rupp Europe B.V. is an additional step in positioning the Company for continued international growth. We look forward to another good year in 2007.”

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 designs, manufactures and sells pumps and related equipment (pumps and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agricultural, fire protection, heating ventilating and air conditioning (HVAC), military and other liquid handling applications.

Exhibit 99

Page 2

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

	Three Months Ended March 31,
	2007		2006
Net sales	$	74,461	$	67,087
Cost of products sold		58,396		52,137
Gross Profit		16,065		14,950
Selling, general and administrative expenses		8,440		8,106
Operating Income		7,625		6,844
Other income (expense) — net		418		204
Income Before Income Taxes		8,043		7,048
Income taxes		2,951		2,510
Net Income	$	5,092	$	4,538
Basic and Diluted Earnings Per Share	$	0.38	$	0.34

The Gorman-Rupp Company and Subsidiaries
Condensed Consolidated Balance Sheets (unaudited)
(in thousands of dollars)

	March 31,		December 31,
	2007		2006
Assets
Cash and short-term investments	$	24,125	$	16,855
Accounts receivable — net		44,912		45,135
Inventories — net		48,911		50,299
Deferred income taxes and other current assets		4,401		7,829
Total Current Assets		122,349		120,118
Property, Plant and Equipment — Net		52,305		52,351
Deferred income taxes and other assets		16,020		15,071
Total Assets	$	190,674	$	187,540
Liabilities and Shareholders’ Equity
Accounts payable	$	10,193	$	10,417
Accrued liabilities and expenses		17,024		17,229
Total Current Liabilities		27,217		27,646
Income Tax Payable		1,211		—
Retirement Benefits		3,005		4,185
Postretirement Benefits		27,809		27,567
Shareholders’ Equity		131,432		128,142
Total Liabilities and Shareholders’ Equity	$	190,674	$	187,540
Shares outstanding		13,360,004		13,360,004