Graco Inc - Company Profile
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Business Description
Graco Inc (Graco) is a designer and manufacturer of fluid handling products. It markets systems and equipment to move, measure, control, dispense and spray fluid and coating materials. It serves construction, manufacturing, processing and maintenance industries.
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R&D Overview
Graco is investing in developing products that use sensors, IoT, and AI to provide real-time data and insights to customers. These smart products are designed to optimize performance, reduce downtime, and increase efficiency. In FY2022, the company spent US$11.4 million on research and development, which as a percentage of revenue, stood at 0.5%.
Business Segments
Overview
Offers sprayers for users ranging from do-it-yourself homeowners to professional painting contractors. Serves construction and maintenance companies, tradesmen and end users through distributor outlets, home center channels and general equipment distributors. Manufactures proportioning systems for two-component materials, which are utilized for spraying polyurethane foam (spray foam) and polyurea coatings; and pumps and proportioning equipment that is capable of spraying specialty coatings on diverse surfaces for the purpose of protection and fireproofing. Markets under the brand names Airlessco, ASM, RentalPro and Smith.
Performance
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Overview
Consists of two divisions - Industrial and Powder. The Industrial segment specializes in machinery and solutions for the transportation and application of fluids like paints, coatings, sealants, and adhesives. The segment serves automotive, aerospace, construction, farming, marine, recreational vehicles, and more, providing equipment to produce vehicle components, wood and metal products, rail, buses, and other industries. Industrial Products offers liquid finishing equipment including paint circulating advanced control systems, paint circulating and paint supply pumps, plural component coating proportioners and spray tips. Markets under the brand names Gema, High Pressure Equipment, QED Environmental Systems and White Knight Fluid Handling.
Performance
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Overview
Operates through Process and Lubrication divisions. Offers valves, pumps, meters and accessories to move chemicals, water, wastewater, oil and natural gas, lubricants and other fluids. It also offers environmental monitoring and remediation equipment. Serves beverage, dairy, energy, pharmaceutical, cosmetics, semiconductor, mining, electronics and other industries. Lubrication designs and sells vehicle servicing equipment including meters, pumps, hose reels, valves and accessories and automatic lubrication accessories for bearings, gears and generators. It also manufactures high pressure valves used in the oil and natural gas industry and sells hydrogen refueling infrastructure and chemical injection pumping solutions through third-party distributors.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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