Graco Inc. Common Stock (GGG)

Competitors to Graco Inc. Common Stock (GGG)

Binks

Binks, a division of Illinois Tool Works, specializes in the design and manufacture of industrial coating and painting equipment, offering competition to Graco in the spray equipment and fluid handling markets. Binks has a strong brand history and established ties within specific industries, giving it a competitive edge in brand loyalty and product reliability, particularly among traditional industrial customers.

Exel Industries

Exel Industries operates in the same arena as Graco by providing equipment for fluid management and spraying technologies, particularly in agriculture and industrial applications. Their competitive edge lies in a strong presence in European markets and specialized agricultural equipment designed for local farming conditions, potentially giving them a lead in terms of regional expertise and localized service options.

Husky Injection Molding Systems

While primarily known for injection molding systems, Husky competes with Graco in the equipment and systems for fluid dispensing and processing. Both companies innovate heavily in their respective fields, but Husky's comprehensive approach to integrated systems for the plastics industry can attract customers looking for more than just dispensing solutions, which gives Husky a competitive advantage in certain sectors.

Nordson Corporation 

Nordson Corporation specializes in precision dispensing, testing and inspection, and surface treatment solutions, much like Graco. Both companies target the industrial equipment and manufacturing markets, but Nordson tends to focus more on the adhesive and sealant dispensing sectors. This focus allows Nordson to cater to specific markets with tailored solutions, providing them with an advantage in terms of deep sector expertise and customer relationships.

Parker Hannifin Corporation 

Parker Hannifin is a leading global manufacturer of motion and control technologies. While Graco focuses specifically on fluid handling solutions, Parker competes by providing a broader range of hydraulic and pneumatic systems that cater to a multitude of industries. Through its diverse portfolio and extensive distribution channels, Parker Hannifin has a competitive advantage that allows them to penetrate markets where Graco's specialized product line might not be sufficient.