Graco (GGG)

The company operates through three main business areas: Industrial, Process, and Contractor. The Industrial segment supplies equipment for applying paints, protective coatings, sealants, and adhesives in factory environments, including automotive, aerospace, and general industrial applications. The Process segment provides pumps, valves, meters, and related systems used to transfer and manage chemicals, lubricants, food ingredients, and other fluids. The Contractor business is closely associated with professional paint sprayers and equipment used by building contractors and tradespeople.

Graco’s appeal lies in its specialised engineering and broad installed base rather than in commodity manufacturing. Many of its products are mission-critical to production quality, workplace efficiency, and material control, which can support recurring demand for replacement parts, accessories, and service. The company generated roughly $2.2 billion in sales in 2025, reflecting its scale in a niche area of industrial technology. Its markets are cyclical to some degree, especially where tied to construction, manufacturing, and capital spending, but Graco’s diversified end-market exposure and long-standing distribution network help define its competitive position.