Graco Inc (NYSE:GGG)

78.96
Data as of Dec 19
 -0.10 / -0.13%
Today’s Change
65.18
Today|||52-Week Range
81.56
+1.08%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Industrial Machinery
MARKET CAP
$4.7B

Company Description

Graco, Inc. designs, manufactures and markets premium equipment to pump, meter, mix and dispense a wide variety of fluids and coatings. The company operates through three segments: Industrial, Contractor and Lubrication. The Industrial segment includes the Applied Fluid Technologies division, Industrial Products division and Process division. The Applied Fluid Technologies division directs its engineering, sales and marketing efforts toward two broad types of applications: equipment to pump, meter, mix and dispense high performance protective coatings and polyurethane foam and equipment to pump, meter, mix and dispense sealants, adhesives, molded polyurethane parts and composites. The Industrial Products division markets its equipment and services to customers who manufacture, assemble, maintain, repair and refinish products such as appliances, vehicles, airplanes, electronics, cabinets and furniture, and other articles. The Process division makes pumps that move chemicals, petroleum, food and other fluids. The Contractor segment directs its product development, sales and marketing efforts toward three broad applications: paint, texture, and pavement maintenance. It markets airless paint and texture sprayers, accessories such as spray guns, hoses and filters and spare parts such as tips and seals to professional painters in the construction and maintenance industries, tradesmen and do-it-yourselfers. The Lubrication segment focuses its engineering, marketing and sales efforts on two main lubrication applications: vehicle services and industrial lubrication. The vehicle services supplies pumps, hose reels, meters, valves and accessories. The industrial lubrication offers systems, components and accessories for the automatic lubrication of industrial and commercial equipment, compressors, turbines and on- and off-road vehicles. Graco was founded by Russell Gray and Leil Gray in April 1926 and is headquartered in Minneapolis, MN.

Contact Information

Graco, Inc.
88-11th Avenue Northeast
Minneapolis Minnesota 55413
P:(612) 623-6000
Investor Relations:
(612) 623-6635

Employees

Shareholders

Mutual fund holders47.26%
Other institutional39.26%
Individual stakeholders2.48%

Top Executives

Patrick J. McHalePresident, Chief Executive Officer & Director
James A. GranerChief Financial Officer & Head-Investor Relations
Caroline M. ChambersVice President & Controller
Dale D. JohnsonVice President & GM-Contractor Equipment Division
Bernard J. MoreauVice President, GM-South & Central America

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