Graco Launches Glazing Proportioner - Analyst Blog
June 25 2013 - 3:00PM
Zacks
Graco Inc. (GGG)
recently introduced the ExactaBlend AGP Advanced Glazing
Proportioner for sealants and adhesives. The ExactaBlend AGP
provides on-ratio mixing of ingredients for curtainwall, insulating
glass and other applications to improve the overall quality of the
finished products.
ExactaBlend AGP offers advanced technologies at an affordable price
and is very easy to operate. It reduces material wastage and has a
system feature which shuts down automatically in off-ratio
conditions. It is often a challenge for the glass industry to
obtain on-ratio mixing and this ExactaBlend AGP system is a perfect
solution to that problem. Furthermore, the optional data download
facility helps with information regarding ratio, flow rate, system
errors and material usage.
Moving forward, Graco expects to continuously invest in its
businesses to diversify and expand its product ranges to augment
market position.
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. In
the last reported quarter, Graco reported net sales of $269.0
million, up 15.0% year over year.
Graco currently has a Zacks Rank #3
(Hold). Other stocks that look promising and are worth a look in
the industry include Colfax Corporation (CFX),
IDEX Corporation (IEX) and Middleby
Corp (MIDD), each carrying a Zacks Rank #2 (Buy).
COLFAX CORP (CFX): Free Stock Analysis Report
GRACO INC (GGG): Free Stock Analysis Report
IDEX CORP (IEX): Free Stock Analysis Report
MIDDLEBY CORP (MIDD): Free Stock Analysis Report
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