Graco Inc.


GGG

Price

89.18


Change

-0.12


High

89.43


Low

88.35


Avg Volume

582,847


PE Ratio

30.33


52 Week High

94.51


52 Week Low

67.98



Profile

Graco is an American manufacturer of fluid-handling systems and products based in Minneapolis, Minnesota. Russell Gray, a Minneapolis parking lot attendant, founded Gray Company, Inc. in 1926 with his brother Leil Gray to produce and sell Russell's air-powered grease gun, invented in response to cold weather making hand-powered grease guns inoperable. Sales their first year of operation were $35,000. By 1941, annual sales had reached $1 million. They capitalized on opportunities in defense-based lubricating needs during World War II.


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