| In 1932, E. L. Price established the company in Emeryville, California. During the 1930's and 1940's the focus was on the manufacture of agricultural pumps. The company relocated to Sonoma, California in 1948. Jack Price, the son of E.L Price, headed the firm during the 1950's. When Leon J. Paul acquired Price Pump in 1962 he retained the Price brand name because of its reputation for quality and service.
In the early 1960s' Price® Pump,saw the need for small stainless steel pumps and responded with both 316SS and Hastalloy models.Jack. Brown washired in 1967 as the first general manager. Under his leadership, the companybegan to shift from agricultural to industrial and special-purposepumps. The company recognized that its new markets required fast delivery andexceptionalservice. The standard delivery time for most pump companies was six to eightweeks. In order to have a competitive advantage, Price® Pump's leadtimesneeded to change; standard product delivery times were cut to 10 business daysfor any product listed in its catalogue. In 1992, Bob Piazza was recruitedto be President of the company. Today new technology and changing markets havecontinued to prompt the evolution of Price® Pump Company's products andmanufacturing facilities.
The agriculture market, once Price® Pump Company's mainstay, has been all but re-placed by the finished chemical, industrial laser and semiconductor manufacturing markets. These markets require both non-metallic and stainless steel pumps for solvents and high temperature, high-pressure ultrapure water in the production of their printed circuit boards. At least 80 percent of the liquid-cooled laser manufacturers in the United States use Price® Pumps to move ultra pure water to cool the lasers for medical and industrial use.
In January 1999, the companyacquired the air operated diaphragm (AOD®)pump line from ITT-Marlow. The AOD® has doubled their distribution network.And provided access to new geographical markets for centrifugal products. Inmarketing its products worldwide, the company emphasizes its competitive edgeby providing superior service, competitive prices, better than competitivedeliveries and quality products. |