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): July 25, 2008

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 July 25, 2008, The Gorman-Rupp Company issued a news release announcing its financial results for the second quarter ended June 30, 2008. 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 July 25, 2008

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
July 25, 2008	Corporate Counsel and Secretary

EXHIBIT INDEX

Exhibit				Page
	(99	)	News Release dated July 25, 2008		3

2

EX-99

Exhibit 99

Page 1

GORMAN-RUPP REPORTS RECORD QUARTER NET INCOME UP 20.8%

Mansfield, Ohio — July 25, 2008 — The Gorman-Rupp Company (AMEX:GRC) reports record net sales and earnings for the second quarter and six months ended June 30, 2008.

Net income during the quarter was $7,895,000, an increase of 20.8% compared to $6,538,000 for the second quarter 2007. Net sales were $84,031,000 for the second quarter ended June 30, 2008 compared to $79,647,000 during the same period in 2007, an increase of 5.5%. Earnings per share for the quarter were $0.47 in 2008 compared to $0.39 in 2007.

Net income for the first six months of 2008 increased 29.4% to $15,047,000 compared to $11,630,000 during 2007. Net sales increased 7.4% to $165,465,000 for the six months ended June 30, 2008 compared to $154,108,000 for the same period in 2007. Earnings per share for the first six months of 2008 were $0.90 compared to $0.69 in 2007.

Record net sales for the quarter principally resulted from continued increases in the Company’s international sales. Sales of fire protection pumps and fabricated components by the Company’s subsidiary, Patterson Pump Company, more than replaced revenues from the sale of custom pumps for a flood control project recorded during 2007.

Increase in the Company’s second quarter earnings primarily resulted from improved operating leverage on additional sales, product sales mix, and a lower effective tax rate.

Continued growth in incoming orders during the quarter resulted in a backlog of $119.6 million at June 30, 2008, a 22.0% increase from the backlog of $98.0 million a year ago. Increased demand arising from the continuing global focus on water, wastewater, flood control, fire protection and infrastructure improvement, and additional orders for the power generation market are major contributors to the increased backlog.

Capital expenditures of $5,009,000 have been incurred as of June 30, 2008 related to the previously announced consolidation and expansion of the Mansfield, Ohio facilities, of which $2,650,000 has been incurred during 2008. The design and permitting process continues, with construction expected to begin in the third quarter.

President and CEO Jeffrey Gorman stated, “We are extremely pleased with once again having achieved the highest quarterly and six months sales and earnings results in the Company’s history. Given current economic concerns, the amount of new orders received during the first-half of 2008 is very encouraging and we look forward to a good second-half of the 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 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 June 30,				Six Months Ended June 30,
	2008		2007		2008		2007
Net sales	$	84,031	$	79,647	$	165,465	$	154,108
Cost of products sold		63,625		61,548		125,215		119,944
Gross profit		20,406		18,099		40,250		34,164
Selling, general and administrative expenses		9,356		8,286		18,855		16,726
Operating income		11,050		9,813		21,395		17,438
Other income (expense) — net		883		625		1,426		1,043
Income before income taxes		11,933		10,438		22,821		18,481
Income taxes		4,038		3,900		7,774		6,851
Net income	$	7,895	$	6,538	$	15,047	$	11,630
Basic and diluted earnings per share	$	0.47	$	0.39	$	0.90	$	0.69

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

	Unaudited
	June 30,		December 31,
	2008		2007
Assets
Cash and short-term investments	$	37,083	$	30,190
Accounts receivable — net		46,503		47,256
Inventories		54,971		53,223
Deferred income taxes and other current assets		2,550		4,619
Total current assets		141,107		135,288
Property, plant and equipment — net		61,651		59,970
Deferred income taxes and other assets		19,309		16,276
Total assets	$	222,067	$	211,534
Liabilities and shareholders’ equity
Accounts payable	$	11,101	$	14,162
Accrued liabilities and expenses		20,674		19,319
Total current liabilities		31,775		33,481
Deferred and other long-term income taxes		1,259		1,432
Postretirement benefits		27,387		26,661
Minority interest		632		520
Shareholders’ equity		161,014		149,440
Total liabilities and shareholders’ equity	$	222,067	$	211,534
Shares outstanding		16,703,035		16,703,035

Shares outstanding and per share data reflect the 5 for 4 stock split effective December 10, 2007.