The Board of Directors of Graco Inc. (NYSE: GGG) has declared a regular quarterly dividend of 18.5 cents per common share payable on November 5, 2008, to shareholders of record at the close of business on October 20, 2008. The Company has approximately 59.5 million shares outstanding. Graco also announces that David Ahlers will join the company as Vice President, Human Resources effective September 22, 2008. Immediately prior to joining Graco, Mr. Ahlers was Chief Human Resources Officer at GMAC ResCap. He has over 25 years human resources management experience acquired through several leadership roles, including those at Nabisco Biscuit Company, Pillsbury Company, and Kraft General Foods. Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.
Graco (NYSE:GGG)
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