GGraco makes and sells fluid handling equipment for homes, professionals, service centers, and manufacturers in areas like automotive, aerospace, and packaging. Its products move, meter, and apply liquids using pumps, spray systems, meters, and accessories to transfer fluids with precision. Graco sets itself apart with a long history and a broad, diversified product lineup supported by established manufacturing and service networks. Its goal is to help customers keep operations running smoothly by providing dependable, efficient fluid-handling solutions.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Minneapolis, MN
Founded
1926
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Total Funding
$750M
Above
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Funded Over
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Graco QUANTM i230 brings electrification to high-flow fluid-transfer applications. Graco Inc. 2 mins read New electric 3-inch double-diaphragm pump helps paint, coatings and ceramics manufacturers increase throughput while reducing energy consumption by up to 80%. MINNEAPOLIS-BUSINESS WIRE- Graco Inc. is helping manufacturers electrify high-flow fluid-transfer applications with the global launch of the 3-inch QUANTM(R) i230, bringing efficient electric drive technology to demanding processes that have traditionally relied on pneumatic pumps. Paint, coatings and ceramics manufacturers depend on diaphragm pumps for their flexibility, reliability and ability to handle challenging materials. But pneumatic pumps also depend on compressed air - an energy-intensive plant resource whose available capacity can fluctuate as demand changes across a facility. The QUANTM i230 gives manufacturers another option for qualified high-flow applications. By combining familiar diaphragm pump capabilities with electric operation, the pump helps manufacturers move more material, reduce transfer bottlenecks and lower energy consumption by up to 80% compared to pneumatic pumps, while maintaining operating flexibility. "High-flow processes in industries like paint, coatings and ceramics have continued to rely heavily on pneumatic diaphragm pumps for good reason - they are flexible, dependable and well suited for demanding materials," said Jeffrey Shaffer, Sales Director, Process Manufacturing at Graco. "At the same time, manufacturers are looking closely at energy use, operating costs and how they can modernize their plants. The QUANTM i230 gives them another choice." Additional benefits for manufacturers include: * More consistent performance without competing for plant air: In high-volume manufacturing, fluctuations in fluid transfer can affect batch accuracy, repeatability and throughput. Because the QUANTM i230 operates independent of a facility's compressed-air system, it can provide consistent flow even as air demand changes elsewhere in the plant. * Reliability and simpler service for critical processes: High-flow pumps often operate at critical points in production, making uptime and maintainability important considerations for plant teams. The QUANTM i230 uses an isolated motor architecture that separates critical electrical components from the fluid section, helping protect against potential fluid ingress. Graco's ProConnect(TM) design also simplifies fluid-section removal to make maintenance less complex and disruptive. * Greater visibility and control as plants automate: As manufacturers modernize production, fluid-transfer equipment increasingly needs to connect with broader automation systems. Integrated controls, status monitoring and PLC connectivity support remote-operation capabilities, speed control and greater process visibility, helping manufacturers integrate fluid transfer more effectively into plant automation systems. "When manufacturers consider new electric equipment, efficiency is only part of the equation," said Matthew Bergman, Senior Global Product Manager, Industrial at Graco. "It also has to be reliable, practical to maintain and easy to integrate into the way the plant already operates. We designed the QUANTM i230 around those realities." The 3-inch QUANTM i230 is available globally. Additional information about the QUANTM i230 is available at graco.com. About Graco Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit graco.com. Contact details:
Graco Inc. has launched the 3-inch QUANTM i230, an electric diaphragm pump for high-flow fluid transfer, globally. It targets paint, coatings, and ceramics manufacturers that have traditionally relied on pneumatic pumps. Pneumatic pumps depend on compressed air, an energy-intensive resource whose capacity can fluctuate across a plant. Graco says the electric pump cuts energy use by up to 80% compared with pneumatic models. Because it runs independently of a plant's compressed-air system, the pump keeps flow consistent. An isolated motor design separates electrical components from the fluid section, and the ProConnect design simplifies maintenance. Integrated controls, status monitoring, and PLC connectivity support remote operation and speed control. "The QUANTM i230 gives them another choice," said Jeffrey Shaffer, sales director for process manufacturing at Graco.
Graco QUANTM i230 brings electrification to high-flow fluid-transfer applications. New electric 3-inch double-diaphragm pump helps paint, coatings and ceramics manufacturers increase throughput while reducing energy consumption by up to 80%. MINNEAPOLIS - Graco Inc. is helping manufacturers electrify high-flow fluid-transfer applications with the global launch of the 3-inch QUANTM(R) i230, bringing efficient electric drive technology to demanding processes that have traditionally relied on pneumatic...
Graco's shares fell after its third-quarter results missed Wall Street estimates. Revenue rose 7.9% year on year to $586.4 million, short of the $590.5 million expected, while adjusted earnings per share of $0.81 trailed the $0.84 forecast. Operating margin dropped to 25.3% from 30.3% a year earlier. Management blamed delayed capital projects in its Industrial segment, a less favourable product and channel mix, and costs from the Valco Melton acquisition. Graco guided fourth-quarter revenue to a midpoint of $625 million, below analysts' $648.5 million estimate. Chief executive officer Mark Sheahan said Industrial customers face "longer decision cycles and project delays." The stock trades at $69.61, down from $81.81 before the results. Its market capitalisation is $11.11 billion.
Graco reported record third-quarter sales of $586 million, up 8% from a year earlier, including 4% organic growth. All three segments and all reporting regions contributed. Adjusted earnings per share rose 5% to $0.81. Organic incoming orders climbed 7% in the quarter. Backlog stood 18% higher than at the start of the year, excluding acquisitions. Adjusted operating margin fell nearly 180 basis points to 27%, on product and channel mix. Expansion Markets sales rose 8%, led by the strongest semiconductor revenue in several years. Bookings in that segment jumped 62%. Graco expects fourth-quarter revenue of $610 million to $640 million. Year to date, it has spent $467 million on share repurchases and $436 million on acquisitions.
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Minneapolis, MN
Founded
1926
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs