David koch graco biography
David koch graco biography
David koch graco biography children...
Graco Inc.
American manufacturer of fluid-handling systems
Not to be confused with Graco (baby products).
Graco Inc. is an American industrial company that specializes in the development and manufacturing of fluid-handling systems and products.
The company is headquartered in Minneapolis, Minnesota, and markets its products to customers worldwide.[3]
History
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.[3] Sales their first year of operation were $35,000.[3]
By 1941, annual sales had reached $1 million.[3] They capitalized on opportunities in defense-based lubricating needs during World War II.
After World War II, Graco began expanding outside of lubricant handling, developing a paintpump and direct-from-drum industrial fluids pu