Graco Inc. reports developments tied to its global fluid and powder handling equipment business. The company manufactures pumps, valves, meters, sprayers and systems used to move, measure, control, dispense and apply fluids, coatings, sealants, adhesives and other difficult-to-handle materials across industrial, automotive, construction and service markets.
Recurring news for GGG includes quarterly results by the Industrial, Process and Contractor segments, acquisition-driven sales changes, product introductions such as connected fluid-management systems, dividend declarations, leadership and board updates, and corporate milestones linked to the company’s long operating history.
Graco's Board of Directors has declared a regular quarterly dividend of $0.255 per common share. This dividend will be payable on August 7, 2024, to shareholders of record by the close of business on July 22, 2024. Graco currently has about 169 million shares outstanding.
This announcement reflects the company's ongoing commitment to returning value to its shareholders through regular dividend payments.
Graco (NYSE: GGG) has launched Pulse® Asset, a new extension of its Pulse Pro Fluid Management system designed for manufacturing facilities. This platform-based system uses programmable ID tags to track fluid dispenses by recording details such as which machines are filled, fluid quantity, operator identity, and dispensing time. Pulse Asset can store up to 40 dispenses offline and syncs with Pulse HUB for data access via local networks, eliminating manual record-keeping. The system aims to enhance efficiency, reduce human error, and improve accountability in fluid management.
Tennant Company (NYSE: TNC) has appointed Mark W. Sheahan, President and CEO of Graco Inc. (NYSE: GGG), to its Board of Directors, effective May 15, 2024. Sheahan brings nearly three decades of experience in global manufacturing, strategic growth, technology-driven product development, and financial strategy. Dave Huml, Tennant's President and CEO, expressed confidence that Sheahan's expertise will significantly contribute to the company's long-term success. Tennant Company, a leader in cleaning solutions, reported $1.24 billion in sales in 2023 and employs approximately 4,500 people worldwide.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.