Premier fluid handling equipment manufacturer Graco Inc . GGG recently launched a new range of products called the ToughTek Fireproofing Pumps for low, medium and high-density sprayed fire resistive materials (SFRMs).
The ToughTek Fireproofing Pumps are well suited for fireproofing projects in a wide range of sectors such as commercial and industrial construction, onshore oil and gas, and chemical processing. These pumps work on the piston pump technology for applying cementitious fireproofing materials through long hose lengths.
Leveraging the proprietary Graco technologies, these new pumps minimize maintenance downtime and thus help to reduce maintenance expenses. These pumps are easy to set up and use owing to the compact size. They offer variable speed controls, which helps contractors to adjust speed and volume output.
The compact design of the ToughTek Pumps helps fireproofing contractors spend more time spraying and less time moving equipment around the job site.
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, and foraying into new markets with technology and channel expansion and continuous investment in research and development, which quickens new product development.
Graco currently has a Zacks Rank #2 (Buy). Other favorably-ranked stocks that currently look promising in the industry include EnPro Industries, Inc. GHM , Luxfer Holdings PLC LXFR and Energous Corporation. WATT , each carrying a Zacks Rank #2 (Buy).
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