The following question was submitted by a shareholder:
Per page 5 of the Ann. Rpt., can you provide any updates on the progress of the Dayton MN, St. Gallen CH, and Anoka MN facilities? Thank you!
Response:
We are making good progress on our facilities-related projects in St. Gallen, Switzerland and Anoka and Dayton, Minnesota. We are continuing with the construction of our new facility in St. Gallen, which will contain manufacturing operations for our Powder Division. The expansion of our Anoka facility is also on-going. Completion of these projects is currently estimated for the third quarter of 2024. Our new worldwide distribution center in Dayton is scheduled to open and be operational in mid-May 2024.
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Graco Inc. published this content on
07 May 2024 and is solely responsible for the information contained therein. Distributed by
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Graco Inc. is a manufacturing company. It supplies technology and expertise for the management of fluids and coatings in industrial and commercial applications. It operates through three segments: Contractor, Industrial and Process. Contractor segment offers sprayers that apply paint to walls and other structures, with product models for users ranging from do-it-yourself homeowners to professional contractors. It also manufactures two-component proportioning systems that are used to spray polyurethane foam (spray foam) and polyurea coatings. Industrial segment includes the Industrial and Powder divisions. The Industrial segment markets equipment and solutions for moving and applying paints, coatings, sealants, adhesives and other fluids. Process segment includes the Process and Lubrication divisions. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants and other fluids.