Graco Inc (NYSE:GGG)

Graco, Inc. designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and coating materials. It supply technology and expertise for the management of fluids and coatings in industrial and commercial applications. The company operates through three segments: Industrial, Contractor and Lubrication. The Industrial segment includes the Industrial Products and the Applied Fluid Technologies divisions. 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 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 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. It supplies pumps, hose reels, meters, valves and accessories to the motor vehicle lubrication industry. Graco was founded in 1926 and is headquartered in Minneapolis, MN.