Graco Inc.

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2015 News Releases


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07/22/15Graco Reports Second Quarter Results
Divestiture and Investment Income Add More Than $100 Million to Net Earnings MINNEAPOLIS--(BUSINESS WIRE)--Jul. 22, 2015-- Graco Inc. (NYSE: GGG) today announced results for the quarter and six months ended June 26, 2015.   Summary $ in millions except per share amounts   ... 
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07/07/15Graco Inc. Announces Second Quarter 2015 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Jul. 7, 2015-- Graco Inc. (NYSE: GGG) announced today that it will release its Second Quarter 2015 earnings after the New York Stock Exchange closes on Wednesday, July 22, 2015. A full text copy of the earnings announcement will be available on the Company’s website at www.graco.com. Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the res... 
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06/29/15Graco Names Christian E. Rothe as New Chief Financial Officer
MINNEAPOLIS--(BUSINESS WIRE)--Jun. 29, 2015-- Graco Inc. (NYSE:GGG) announced today that Christian E. Rothe has been appointed as the Company’s Chief Financial Officer and Treasurer effective September 1, 2015. Mr. Rothe succeeds James A. Graner who announced his planned retirement from the Company last year. “Jim Graner has played a pivotal role in shaping Graco’s business for more than 40 years,” said Graco President and CEO Patrick J. McHale. ... 
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06/12/15Graco Appoints Jody H. Feragen to the Board of Directors
MINNEAPOLIS--(BUSINESS WIRE)--Jun. 12, 2015-- Graco Inc. (NYSE:GGG) announced today that Jody H. Feragen has been appointed as a member of the Company’s Board of Directors, effective September 17, 2015. Ms. Feragen currently serves as the Executive Vice President and Chief Financial Officer of Hormel Foods Corporation (NYSE: HRL), a company she joined in 2000 as its Treasurer. Prior to Hormel, she served as the Assistant Treasurer for NCS ... 
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06/12/15Graco Announces Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--Jun. 12, 2015-- The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 30 cents per common share, payable on August 5, 2015, to shareholders of record at the close of business on July 20, 2015. The Company has approximately 58 million shares outstanding. Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It de... 
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06/11/15Graco Introduces Reactor 2 – Hydraulic Series Sprayers
With its customer-inspired features, Reactor 2 series of sprayers is the next generation of plural-component technology for spray foam and polyurea. MINNEAPOLIS--(BUSINESS WIRE)--Jun. 11, 2015-- Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, today formally introduced the Reactor® 2 Hydraulic Series of plural-component sprayers. The Reactor 2 series of sprayers provides software and hardware advancements that... 
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06/01/15Graco Launches ChemSafe™ Diaphragm Family for Corrosive Abrasive Chemical Applications
MINNEAPOLIS--(BUSINESS WIRE)--Jun. 1, 2015-- Graco Inc. (NYSE:GGG) announced today that it is introducing the new ChemSafe family of air-operated double diaphragm PTFE (polytetrafluoroethylene) and UHMWPE (ultra-high-molecular-weight polyethylene) pumps. Featuring a leak-free design and corrosion-resistant fluid paths, ChemSafe pumps are ideal for chemical and abrasive applications like acid and solvent transfer, ceramic finishing, electroplating,... 
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04/24/15Graco Authorizes Repurchase of an Additional 6 Million Shares
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 24, 2015-- The Board of Directors of Graco Inc. (NYSE:GGG) today announced a new share repurchase program that authorizes management to buy back up to an additional 6 million shares of the Company’s common stock over an indefinite period of time or until terminated by the Board. These shares will be acquired primarily through open-market purchases and accelerated share repurchase transactions from time to time. This aut... 
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04/22/15Graco Reports First Quarter Results
Currency Headwinds, Acquisitions and Growth Initiatives Reduce Earnings, Offset by Investment Income MINNEAPOLIS--(BUSINESS WIRE)--Apr. 22, 2015-- Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 27, 2015. Summary $ in millions except per share amounts   Thirteen Weeks Ended ... 
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04/14/15Graco Launches New Small and Midsize Electric Airless Sprayers
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 14, 2015-- Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, is proud to announce the launch of new small and midsize electric airless sprayers that revolutionize the professional spray equipment industry! Designed to deliver unmatched productivity, these new sprayers are loaded with features that make work faster and easier. “Graco is completely changing the game in the small and midsiz... 
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04/13/15Graco Launches LubePro™ Automatic Lubrication Pumps for In-Plant Applications
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 13, 2015-- Graco Inc. (NYSE:GGG) has introduced the LubePro™ family of injector-based automatic lubrication pumps. LubePro pumps represent a breakthrough in performance and durability. LubePro pumps leverage components from the durable and reliable Graco Fire-Ball® lubrication pumps, which for over 50 years have delivered proven quality and long-life performance. LubePro™ series pumps offer a robust solut... 
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04/02/15Graco Inc. Announces First Quarter 2015 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 2, 2015-- Graco Inc. (NYSE: GGG) announced today that it will release its First Quarter 2015 earnings after the New York Stock Exchange closes on Wednesday, April 22, 2015. A full text copy of the earnings announcement will be available on the Company’s website at www.graco.com. Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the res... 
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04/01/15Graco Completes Divestiture of Liquid Finishing Business Assets
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 1, 2015-- Graco Inc. (NYSE:GGG) announced today that it has completed the sale of its Liquid Finishing business assets to Carlisle Companies Incorporated (NYSE:CSL) for $590 million, subject to customary post-closing adjustments. Net proceeds from Graco’s investment in the Liquid Finishing business assets and the sale transaction are expected to be approximately $580 million, reflecting the $590 million purchase price ... 
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03/25/15Graco Receives Approval from FTC to Sell Liquid Finishing Business Assets
Targets April 1 Closing Date MINNEAPOLIS--(BUSINESS WIRE)--Mar. 25, 2015-- Graco Inc. (NYSE:GGG) announced today that it has received notice from the United States Federal Trade Commission (FTC) approving the Company’s application to sell the Liquid Finishing business assets pursuant to the previously announced purchase agreement with Carlisle Companies Incorporated (NYSE:CSL) for $590 million in an all-cash transaction, subject to customary p... 
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02/13/15Graco Announces Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--Feb. 13, 2015-- The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 30 cents per common share, payable on May 6, 2015, to shareholders of record at the close of business on April 20, 2015. The Company has approximately 59 million shares outstanding. Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It desi... 
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01/26/15Graco Reports Record Annual Sales and Earnings
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 26, 2015-- Graco Inc. (NYSE: GGG) today announced results for the quarter and year ended December 26, 2014. Summary $ in millions except per share amounts   Quarter Ended   Year Ended Dec 26, ... 
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01/20/15Graco Completes Acquisition of High Pressure Equipment Company
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 20, 2015-- Graco Inc. (NYSE:GGG) announced today that it has completed the acquisition of the stock of High Pressure Equipment (HiP) company for $160 million. HiP is a Pennsylvania based manufacturer of valves, fittings, and other flow control equipment engineered to perform in ultra-high pressure environments, from 10,000 to 150,000 psi. HiP also maintains an engineering and production base in Stoke-on-Trent, St... 
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01/06/15Graco Inc. Announces Fourth Quarter 2014 Earnings Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 6, 2015-- Graco Inc. (NYSE: GGG) announced today that it will release its Fourth Quarter 2014 earnings after the New York Stock Exchange closes on Monday, January 26, 2015. A full text copy of the earnings announcement will be available on the Company’s website at www.graco.com. Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the res... 
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01/05/15Graco Saddened by Passing of David A. Koch, Former President, CEO, and Chairman
MINNEAPOLIS--(BUSINESS WIRE)--Jan. 5, 2015-- Graco Inc. (NYSE:GGG) is saddened by the passing of David A. Koch, a retired past President, CEO, and Chairman. Mr. Koch became President of the Gray Company in 1962. Mr. Koch led the initiative to take the Company public in 1969, as Graco Inc., when reported revenues were $33 million. Mr. Koch retired as CEO in 1996, but served as the Company’s Chairman of the Board until 2001, when company revenues approache... 
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01/02/15Graco Announces Four Acquisitions to Drive Long-Term Growth in the Company’s Industrial Products Segment
Acquisitions Expand Graco’s Global Footprint and Industries Served MINNEAPOLIS--(BUSINESS WIRE)--Jan. 2, 2015-- Graco Inc. (NYSE:GGG) announced today that it has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the first quarter of 2015. In addition, Graco announced that it has agre... 
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