Graco Completes Acquisition of Smith Manufacturing
December 19 2017 - 3:47PM
Business Wire
Graco Inc. (NYSE:GGG), a leading manufacturer of fluid
handling equipment, announced that it has completed the acquisition
of the business of Smith Manufacturing, effective Dec. 15, 2017.
Smith, located in Pompano Beach, Florida, makes and sells
scarifying equipment for both interior and exterior surface
preparation. The Smith business will continue to operate out of
their existing facility, manufacturing both Smith and Graco
scarifying products.
“Smith is a well-known brand for surface preparation and
grinding equipment used in striping, road construction, road
maintenance and concrete flooring/surfaces,” said Dale Johnson,
President of Graco’s Worldwide Contractor Equipment Division.
“Their broad line of products will be a great addition to our
pavement maintenance equipment offering and an excellent complement
to our robust family of line striping equipment.”
ABOUT GRACOGraco Inc. supplies technology and expertise
for the management of fluids and coatings in both industrial and
commercial applications. It designs, manufactures and markets
systems and equipment to move, measure, control, dispense and spray
fluid and powder 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 or on Twitter @GracoInc.
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version on businesswire.com: http://www.businesswire.com/news/home/20171219006229/en/
Graco Inc.Charlotte Boyd,
612-623-6153Charlotte_M_Boyd@graco.com
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