Profile: Graco Inc (GGG)
16 Mar 2018
Graco Inc., incorporated on December 18, 1947, designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. The Company specializes in equipment for applications that involve materials with viscosities, materials with abrasive or corrosive properties, and multiple-component materials that require ratio control. The Company operates through three segments: Industrial, Process and Contractor. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. Its equipment is used in the manufacturing, processing, construction and maintenance industries. The Company sells its products in North, Central and South America (the Americas), Europe, the Middle East and Africa (EMEA), and Asia Pacific.
The Company's Industrial segment includes the Industrial Products and Applied Fluid Technologies divisions. The markets served include automotive and vehicle assembly and components production, wood and metal products, process, rail, marine, aerospace, farm, construction, bus, recreational vehicles and various other industries. The Industrial segment equipment is sold around the world through third-party distributors, integrators, design centers, original equipment manufacturers (OEMs) and material suppliers.
The Applied Fluid Technologies division designs and sells equipment for use by industrial customers and specialty contractors. This equipment includes two component proportioning systems that are used to spray polyurethane foam (spray foam) and polyurea coatings. It offers a line of pumps and proportioning equipment that sprays specialty coatings on various surfaces for protection and fireproofing. It also manufactures vapor-abrasive blasting equipment, as well as equipment that pumps, meters, mixes and dispenses sealant, adhesive and composite materials. Its composite equipment includes gel coat equipment, chop and wet-out systems, resin transfer molding systems and applicators. This equipment bonds, molds, seals, vacuum encapsulates, and laminates parts and devices in a range of industrial applications.
The Industrial Products division makes finishing equipment that applies paint and other coatings to products, such as motor vehicles, appliances, furniture, and other industrial and consumer products. Its products include liquid finishing equipment that applies liquids on wood, metals and plastics. This equipment includes paint circulating and paint supply pumps, paint circulating control systems, plural component coating proportioners, various accessories to filter, transport, agitate and regulate fluid, and spare parts, such as spray tips, seals and filter screens. It also offers a range of applicators that use various methods of atomizing and spraying the paint or other coatings. Manufacturers in the automotive, automotive feeder, commercial and recreational vehicle, military and utility vehicle, aerospace, farm, construction, wood and general metals industries use its liquid finishing products. It manufactures powder finishing products that coat powder finishing on metals. Gema powder systems coat window frames, metallic furniture, automotive components and sheet metal. End users of its powder finishing products include manufacturers in the construction, home appliance, automotive component and custom coater industries.
The Company's Process segment includes Process, Oil and Natural Gas, and Lubrication divisions. The markets served include food and beverage, dairy, oil and natural gas, pharmaceutical, cosmetics, electronics, wastewater, mining, fast oil change facilities, service garages, fleet service centers, automobile dealerships and industrial lubrication applications. The Process division makes pumps of various technologies that move chemicals, water, waste water, petroleum, food and other fluids. Manufacturers and processors in the food and beverage, dairy, pharmaceutical, cosmetic, oil and natural gas, semi-conductor, electronics, wastewater, mining and ceramics industries use these pumps. This division makes environmental monitoring and remediation equipment that is used to conduct ground water sampling and ground water remediation, and for landfill liquid and gas management.
The Oil and Natural Gas division makes high pressure and ultra-high pressure valves used in the oil and natural gas industry, other industrial processes and research facilities. It also has a line of chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. Its line of chemical injection pumping solutions is sold through third party distributors. Its high and ultra-high pressure valves are sold directly to end user customers, as well as through distribution around the world. The Lubrication division designs and sells equipment for use in vehicle servicing. It supplies pumps, hose reels, meters, valves and accessories for use by oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders and heavy equipment service centers. It also offers systems, components and accessories for the automatic lubrication of bearings, gears and generators in industrial and commercial equipment, compressors, turbines and on- and off-road vehicles. Industries served include gas transmission, petrochemical, pulp and paper, mining, construction, agricultural equipment, food and beverage, material handling, metal manufacturing, wind energy, and oil and natural gas.
The Company's Contractor segment offers sprayers that apply paint to walls and other structures. Contractor equipment also includes sprayers that apply texture to walls and ceilings, viscous coatings to roofs, and markings on roads, parking lots, athletic fields and floors. Its end users are painters in the construction and maintenance industries, tradesmen and do-it-yourselfers. Its Contractor products are distributed though distributor outlets whose main products are paint and other coatings. Certain sprayers and accessories are distributed around through the home center channel. Contractor products are also sold through general equipment distributors outside of North America.
88 11th Ave NE
MINNEAPOLIS MN 55413-1829
Company Web Links
- BRIEF-Graco Inc CEO Patrick J. Mchale's 2017 Total Compensation Was $7.2 mln Versus $5.8 mln In 2016
- BRIEF-U.S. CPSC Says Graco Recalls About 36,000 Highchairs Due To Fall Hazard
- BRIEF-Fiera Capital Corporation Reports 6.01 PCT Passive Stake In Graco Inc As Of Dec 29, 2017
- BRIEF-Graco Inc Qtrly Earnings Per Share $0.21
- BRIEF-Graco Announces 3-For-1 Stock Split And Increases Quarterly Dividend By 10.4 Percent