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Hale sells fire-trucks, portable pumps, ventilation systems, and the Hurst "Jaws of Life". [5] In January 1998, IDEX agreed to buy Gast Manufacturing of Benton Harbor, Michigan, for $118 million. Gast manufactures compressors, vacuum pumps, air motors and other products. [6] In 2011, IDEX Corporation acquired The Fitzpatrick Company. [7]
The company continued its acquisitions, buying the John Crane Company for $204 million and taking a 49% stake in the UK based Crane Packaging, followed by Warren Rupp for $25 million. With the heavy debt created by the LBO, the early 1980s recession, and Japanese competition in the machine tool manufacturing industry, profits disappeared.
Diversifying their product line to include a variety of specialized pumps contributed to significant sales increase and growth in the post-war era. [4] In 2021, The Gorman-Rupp Company had sales of $378.3 Million and was listed by industrial database IndustrySelect as one of the largest pump manufacturers in the United States. [5] [6]
In 2012, Tulsa was ranked second for young people to find a job by the Fiscal Times. [14] Engine Advocacy ranked the Tulsa metro as being one of the fastest growing high tech cities in the nation, 2010-2012, [15] and the city was expected to have continuous growth throughout 2013. [16]
Otasco (Oklahoma Tire and Supply Company) was a retail chain specializing in auto parts and appliances based in Tulsa, Oklahoma. [ 1 ] It was first established in 1918 by three Jewish Lithuanian immigrant brothers, Sam (1898–1939), Maurice (1891–1970), [ 2 ] and Herman (1889–1971) [ 3 ] Sanditen, who opened the first Otasco store in ...
Warren resigned in 1922 to found his own oil company, Warren Petroleum Company of Delaware. He made his headquarters in Tulsa, Oklahoma, with himself and his wife as the only people on the payroll. [3] His firm concentrated on producing and marketing liquefied petroleum gas (LPG), a byproduct of natural gas processing.