) recently introduced a new line of power rewind hose reels for
oil, gas, mining, construction and other markets.
The new range of power rewind hose reels -- XD 60, XD 70 and XD
80 -- are designed for improved safety and performance. The new
XD power rewind reels offer innovative direct drive motor, which
is safer for operators and are more competitive in comparison to
other similar products. The drive unit requires minimum
maintenance and has a longer life without the requirement for any
The XD series of hose reels provided by Graco have a durable
design suitable for harsher environments and faster operations.
The XD Series is ideal for rugged, indoor and outdoor use in
heavy-duty truck dealerships, fleet maintenance, mining
maintenance, public works garages, construction vehicle
maintenance and heavy-duty service trucks.
The design of these reels is such that it has fewer pinch points,
which reduces the chance of injury. It is easier for distributors
to stock components as they can provide better and faster
servicing to customers due to its modularity.
Moving forward, Graco expects to continuously invest in its
businesses to diversify and expand its product ranges to augment
its position in the market.
Headquartered in Minneapolis, MN, Graco supplies technology for
management of fluids in both industrial and commercial
applications. The company designs, manufactures, and markets
systems that move, measure, control, dispense, and apply fluid
materials. The company's key growth drivers include development
and marketing of new products, expansion of the global
distribution network, foraying into new markets with technology
and channel expansion.
Graco currently has a Zacks Rank #3 (Hold). Other stocks that
look promising and are worth considering now are
EnPro Industries, Inc.
DXP Enterprises, Inc.
), each carrying a Zacks Rank #1 (Strong Buy).
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DXP ENTERPRISES (DXPE): Free Stock Analysis
GRACO INC (GGG): Free Stock Analysis Report
ENPRO INDUS INC (NPO): Free Stock Analysis
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