Graco Inc. (GGG - Free Report) recently unveiled its 538,000-square-foot building in Dayton, MN. This is the first building that opened on the Patrick J. McHale campus and the fourth property in Minnesota.
In collaboration with Impact Power Solutions (IPS), Garco is investing in solar energy with this new facility. GGG added a 1.4-megawatt solar array on the building roof, including above 3,100 solar panels. Investment in solar energy will help GGG reduce its carbon footprint in the environment. Management expects the solar array to reduce more than 23,000 tons of CO2 in the next 30 years.
GGG collaborated with general contractor McGough, architectural services firm, HGA, and project manager, Tegra Group to complete the facility construction. The City of Dayton is also supporting this project. The new facility will include office and factory space.
Graco established this new facility as all existing business segments in Minnesota already reached their maximum capacity. This building will accommodate GGG’s growing business in the region for the times ahead.
Zanks Rank and Stocks to Consider
Graco currently carries a Zacks Rank #3 (Hold). Some better-ranked companies from the Industrial Products sector are discussed below:
RBC Bearings Incorporated presently sports a Zacks Rank #1 (Strong Buy). ROLL delivered a trailing four-quarter earnings surprise of 9.4%, on average. You can see the complete list of today’s Zacks #1 Rank stocks.
ROLL’s earnings estimates have increased 32.7% for fiscal 2023 (ending March 2023) in the past 60 days. Its shares have gained 12.2% in the past six months.
Valmont Industries, Inc. (VMI - Free Report) presently has a Zacks Rank #2 (Buy). VMI’s earnings surprise in the last four quarters was 13.7%, on average.
In the past 60 days, Valmont’s earnings estimates have increased 0.1% for 2022. The stock has rallied 9.8% in the past six months.
Greif, Inc. (GEF - Free Report) presently has a Zacks Rank of 2. GEF delivered a trailing four-quarter earnings surprise of 22.4%, on average.
GEF’s earnings estimates have increased 4.6% for fiscal 2022 (ending October 2022) in the past 60 days. Its shares have risen 0.1% in the past six months.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
Graco Inc. (GGG - Free Report) recently unveiled its 538,000-square-foot building in Dayton, MN. This is the first building that opened on the Patrick J. McHale campus and the fourth property in Minnesota.
In collaboration with Impact Power Solutions (IPS), Garco is investing in solar energy with this new facility. GGG added a 1.4-megawatt solar array on the building roof, including above 3,100 solar panels. Investment in solar energy will help GGG reduce its carbon footprint in the environment. Management expects the solar array to reduce more than 23,000 tons of CO2 in the next 30 years.
GGG collaborated with general contractor McGough, architectural services firm, HGA, and project manager, Tegra Group to complete the facility construction. The City of Dayton is also supporting this project. The new facility will include office and factory space.
Graco established this new facility as all existing business segments in Minnesota already reached their maximum capacity. This building will accommodate GGG’s growing business in the region for the times ahead.
Zanks Rank and Stocks to Consider
Graco currently carries a Zacks Rank #3 (Hold). Some better-ranked companies from the Industrial Products sector are discussed below:
RBC Bearings Incorporated presently sports a Zacks Rank #1 (Strong Buy). ROLL delivered a trailing four-quarter earnings surprise of 9.4%, on average. You can see the complete list of today’s Zacks #1 Rank stocks.
ROLL’s earnings estimates have increased 32.7% for fiscal 2023 (ending March 2023) in the past 60 days. Its shares have gained 12.2% in the past six months.
Valmont Industries, Inc. (VMI - Free Report) presently has a Zacks Rank #2 (Buy). VMI’s earnings surprise in the last four quarters was 13.7%, on average.
In the past 60 days, Valmont’s earnings estimates have increased 0.1% for 2022. The stock has rallied 9.8% in the past six months.
Greif, Inc. (GEF - Free Report) presently has a Zacks Rank of 2. GEF delivered a trailing four-quarter earnings surprise of 22.4%, on average.
GEF’s earnings estimates have increased 4.6% for fiscal 2022 (ending October 2022) in the past 60 days. Its shares have risen 0.1% in the past six months.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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