Graco Inc.

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SEC Filings

10-K
GRACO INC filed this Form 10-K on 02/17/2015
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Variable Industries – Our success may be affected by variations in the construction and automotive industries.

Our business may be affected by fluctuations in residential, commercial and institutional building and remodeling activity. Changes in construction materials and techniques may also impact our business. Our business may also be affected by fluctuations of activity in the automotive industry.

Natural Disasters – Our operations are at risk of damage or destruction by natural disasters or fire.

The loss of, or substantial damage to, one of our facilities could make it difficult to supply our customers with product and provide our employees with work. Flooding, tornadoes, typhoons, unusually heavy precipitation, earthquakes or fire could adversely impact our operations.

Item  1B. Unresolved Staff Comments

None.

Item 2. Properties

Our facilities are in satisfactory condition, suitable for their respective uses, and are generally adequate to meet current needs. A description of our principal facilities as of February 17, 2015, is set forth in the chart below. Facilities are used by all segments, unless otherwise noted.

 

Facility

 

Owned or
Leased

Square
Footage
  Facility Activities

 

North America

 

Dunnville, Ontario, Canada

 

Leased   3,200   Manufacturing for Industrial segment
Guelph, Ontario, Canada Leased   3,300  

Warehouse and office for Industrial segment

 

Tlalnepantla, State of Mexico, Mexico Leased   4,000  

Manufacturing, warehouse and office for Industrial segment

 

San Leandro, California, United States Leased   12,100  

Manufacturing, warehouse and office for Industrial segment

 

Indianapolis, Indiana, United States Owned   63,500   Warehouse, office, product development and application laboratory for Industrial segment
Dexter, Michigan, United States Leased   31,300  

Manufacturing, warehouse, office and product development for Industrial segment

 

Minneapolis, Minnesota, United States Owned   142,000  

Corporate office; office and product development for Industrial segment

 

Minneapolis, Minnesota, United States Owned   42,000  

Corporate office

 

Minneapolis, Minnesota, United States Owned   405,000  

Manufacturing, warehouse and office for Industrial segment

 

Minneapolis, Minnesota, United States Owned   86,700  

Warehouse and assembly for Industrial segment

 

Anoka, Minnesota, United States Owned   207,000   Manufacturing, warehouse, office and product development for Lubrication segment
Rogers, Minnesota, United States Owned   333,000  

Manufacturing, office and product development for Contractor segment

 

 

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