The 52-week price range is $ 62.84 – 86.42 and the company has a market capitalization of $ 4.65B billion. Analysts covering the shares maintain a consensus Buy rating, according to Zacks Investment Research. zero analyst has rated the stock with a sell rating, 6 has assigned a hold rating, zero says it’s a buy, and 4 have assigned a strong buy rating to the company.
On March 16, 2016 Graco Inc. (GGG) a leading manufacturer of fluid handling equipment, has been named one of the 2016 Best Workplaces in Manufacturing and Production, according to Fortune Magazine.
“This recognition from Fortune is a reflection of our engaged and committed workforce at Graco,” said Patrick J. McHale, Graco’s President and CEO. “Graco employees make this a great place to work every day, which not only positively impacts their coworkers, but also our shareholders, suppliers, distributor partners, end users and the community.”
Graco ranked No. 10 on the internationally-recognized list, a ranking based on employees’ own assessments of the trust they feel toward leaders, the pride they take in their jobs and the camaraderie they experience with coworkers. Out of the employees surveyed worldwide, 97% expressed great pride in Graco. The top workplaces as a collective group for 2016 have an employee turnover average of 7.2%, about half the national industry average of 13%. Graco’s employee turnover the past year was 4%.
“The challenge and variety of work makes it a very interesting place to work. I’ve continually seen new innovative ideas in design, manufacturing and management over the last six years and I expect that will continue,” said one Graco employee in the anonymous survey. “There is a vast knowledge base here and everyone is willing to share their knowledge and experience whenever needed.”
Graco Inc., together with its subsidiaries, designs, manufactures, and markets equipment to pump, meter, mix, and dispense various fluids and coatings worldwide. The company operates through three segments: Industrial, Process, and Contractor. The Industrial segment offers proportioning systems that are used to spray polyurethane foam and polyurea coatings; vapor-abrasive blasting equipment; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators. The Process segment provides pumps that move chemicals, water, waste water, petroleum, food, and other fluids; chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines; and pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities.
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