Graco Inc. (GGG) recently introduced the ProMix PD2K - a new displacement proportioner that mixes materials closer to the gun so the flush zone is significantly smaller. The ProMix PD2K Proportioner was developed using 100% positive displacement technology and is suitable for accurate mix ratios and consistent pump performance. Additionally, it can be equipped with either two or four dosing pumps and can manage up to 30 colors and four catalysts.
By moving the mixing point closer to the gun, ProMix PD2K can reduce solvent use and mixed material waste by approximately 80% and is much more competitive in comparison to other traditional electronic proportioners. With this unique positive displacement, the user can get consistent spray pressure and superior mix results.
With easy maintenance, this proportioner handles various inbound pressures without fine-tuning and does not require factory rebuilds and can be serviced in the field in less than 20 minutes. This new technology lowers the disposal costs of hazardous waste materials and helps in minimizing material wastage. With greater spray flexibility, this new technology also saves time and money of the user.
Moving forward, Graco expects to continuously invest in its businesses to diversify and expand its product ranges to augment its position in the market.
Headquartered in Minneapolis, Minn., Graco supplies technology for management of fluids in both industrial and commercial applications. The company designs, manufactures, and markets systems that move, measure, control, dispense, and apply fluid materials. The company’s key growth drivers include development and marketing of new products, expansion of the global distribution network, and foraying into new markets with technology and channel expansion.
Graco currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering now are Dover Corporation (DOV), EnPro Industries, Inc. (NPO) and DXP Enterprises, Inc. (DXPE), each carrying a Zacks Rank #2 (Buy).