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Graco Inc. (GGG)

77.39 Down 0.90(1.15%) May 4, 4:01PM EDT
|After Hours : 77.39 0.00 (0.00%) May 4, 4:21PM EDT
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Graco Inc.
88 –11th Avenue Northeast
Minneapolis, MN 55413
United States - Map
Phone: 612-623-6000
Fax: 612-623-6777

Index Membership:N/A
Sector:Industrial Goods
Industry:Diversified Machinery
Full Time Employees:3,200

Business Summary 

Graco Inc., together with its subsidiaries, designs, manufactures, and markets equipment to pump, meter, mix, and dispense various fluids and coatings worldwide. The company operates through three segments: Industrial, Process, and Contractor. The Industrial segment offers proportioning systems that are used to spray polyurethane foam and polyurea coatings; vapor-abrasive blasting equipment; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators. The Process segment provides pumps that move chemicals, water, waste water, petroleum, food, and other fluids; chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines; and pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities. This segment also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; systems, components, and accessories for the automatic lubrication of industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles; and products that automatically lubricate bearings, gears, and generators. It serves gas transmission and petrochemical, pulp and paper, mining and construction, agricultural equipment, food and beverage, material handling, metal manufacturing, wind energy, and oil and natural gas industries. The Contractor segment offers sprayers that apply paint to walls and other structures for the professional painters in the construction and maintenance industries, tradesmen, and do-it-yourselfers. Graco Inc. was founded in 1926 and is headquartered in Minneapolis, Minnesota.

Key Statistics

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Corporate Governance 
Graco Inc.’s ISS Governance QuickScore as of May 1, 2016 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 3; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Lee R. Mitau , 67
Chairman, Chairman of Governance Committee and Member of Management Organization & Compensation Committee
Mr. Patrick J. McHale , 55
Chief Exec. Officer, Pres and Director
Mr. Christian E. Rothe , 42
Chief Financial Officer and Treasurer
Mr. Mark W. Sheahan , 52
VP and Gen. Mang. of Applied Fluid Technologies Division
Mr. Dale D. Johnson , 62
VP and Gen. Mang. of Contractor Equipment Division
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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