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Pumping Solutions Inc history
Pumping Solutions Inc company history timeline
He bought out Mynderse and H. C. Silsby, another co-owner, in 1851, and the company's name was changed to Downs and Company.
In 1869, the name Goulds Manufacturing Company was adopted.
The company's present name, Goulds Pumps Inc., was adopted in March 1926.
In 1944 Goulds Pumps received the Army-Navy "E" Award for outstanding production of war material.
In 1945 Goulds Pumps produced its largest pump to date.
With the death of Norman Judd Gould in 1964, control of the company passed from the Gould family.
Ardia had risen through the ranks at Goulds, starting at the company in 1965 as an applications engineer.
In the late 1980’s Pumping Services began to increase the sophistication of its product and service offerings.
In 1981, Goulds' sales were $308.7 million and falling.
In 1981, the company built a 20,000 square-foot building and relocated 10 miles south in Tyler, Texas.
Stephen Ardia Became CEO, 1985
By 1985 the company needed to be revitalized after its poor financial performance and labor troubles.
The oil market declined in 1986 and the company was faced with the need for opening up new markets.
Production on units for two of the four plants had already begun in March 1987 at Goulds' Seneca Falls facility.
By early 1988, the company had completed talks to establish a joint venture with the Nanjing Deep Well Company of China.
Ardia Achieved Record Sales After Five Years in 1990
By 1990 Goulds Pumps had more than 1,900 employees in New York and more than 3,000 in North America.
In the late 1990’s the company required additional space and the adjoining property at 398 Lincoln Boulevard was purchased.
Goulds reduced its United States workforce from 3,100 to 2,746 in January 1992, mostly through early retirement incentives and attrition.
In 1992 the company opened a manufacturing facility in Korea.
In October 1993 Goulds acquired Environamics, Inc., a privately owned company in New Hampshire.
In 1994 the company reported net sales of $585.5 million and net earnings of $18.2 million.
In May 1995 he was also named chairman of the board.
In 1995 McDermott separated the company's corporate offices from its manufacturing operations and moved the company's headquarters from Seneca Falls to Fairport, near Rochester.
In 1996 Goulds reported revenues of $774 million and had more than 5,200 employees throughout the world.
In 1996, substantially all of the entire group of companies was acquired by The Rosewood Corporation, which is owned by the Caroline Hunt Trust Estate.
Goulds Pumps Returned to Seneca Falls in 1998
In 2014, B27, LLC was acquired by DXP Enterprises Inc.
ITS joined Pumping Services in 2015 further solidifying our design and field service capabilities for control and instrumentation projects.
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