Premier fluid handling equipment manufacturer Graco Inc.GGG recently launched a new range of high pressure double diaphragm pumps titled the Endura-Flo Series. The pumps are ideally suited for multiple applications and industries and offer high revenue-generating options for the company.
With an industry-leading pressure ratio of 4:1, the Endura-Flo 4D150 and Endura-Flo 4D350 pneumatic paint circulation and supply pumps have easy installation facilities and fast online maintenance options to minimize downtime. The pumps have indigenous design capabilities for superior durability that enable them to withstand runaway conditions comparatively better than other diaphragm pumps available in the market.
Leveraging proprietary Graco technologies, these new pumps require minimal solvent to flush, while a consistent start-up pressure make them ideal for multiple color change and piggable systems. The pumps are a perfect fit for applications such as general metal finishing, wood finishing and plastic finishing.
With continuous product launches, Graco expects to achieve mid-single digit organic sales growth in 2015 on a constant currency basis across the globe. The company further expects to experience solid demand in the Contractor Americas business on gradual recovery in the U.S. residential and non-residential construction markets. However, macroeconomic headwinds and a continued soft capital equipment environment in the emerging markets of EMEA and Asia Pacific may limit growth to the lower end of the expectations.
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 #3 (Hold). Some better-ranked stocks that currently look promising in the industry include CUI Global, Inc. CUI , Federal Signal Corp. FSS and Macquarie Infrastructure Corporation MIC , each carrying a Zacks Rank #2 (Buy).
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