Graco Inc.

Graco Inc. is an American multinational manufacturing company specializing in fluid-handling systems and equipment. Headquartered in Minneapolis, Minnesota, the company was founded in 1926 as the Gray Company and adopted its current name in 1969. Its mission is to generate sustained profitable growth to benefit its customers, employees, shareholders, and communities worldwide.

Graco designs, manufactures, and markets systems and equipment used to move, measure, mix, control, dispense, and spray a wide variety of fluid and powder materials. Its product portfolio includes spray-finishing equipment, industrial transfer pumps, sealant and adhesive dispensing systems, and automatic lubrication systems. The company operates through three primary segments: Contractor, Industrial, and Process, serving diverse markets such as manufacturing, processing, construction, and maintenance industries globally.

Mark W. Sheahan serves as the President and CEO of Graco Inc. In recent news, Graco announced in May 2026 its definitive agreement to acquire Valco Melton, a global provider of adhesive application and quality assurance systems, for $447 million in cash, with the transaction expected to close in the fiscal third quarter. The company also celebrated its 100th anniversary in 2026, marked by initiatives such as a $1 million commitment from The Graco Foundation to Minnesota nonprofits. Despite reporting first-quarter 2026 earnings that did not meet analysts' expectations, Graco maintains a solid financial foundation, holding more cash than debt, and has consistently raised its dividend for 20 consecutive years.