Graco Inc. (GGG - Free Report) recently introduced a new line of Dyna-Star electric lubrication pumps to serve the requirements of heavy machineries used for mining and construction, well services, fleet maintenance and other industrial applications.
Heavy-duty construction and mining equipments depend on fresh lubricants to flush contaminants from critical points. The new line of Dyna Star electric pumps is well suited in this regard. These pumps include Advantage Drive, a sealed gear that is lubricated for life and sealed to keep contaminants out for longer performance.
These pumps feature adjustable motor controls, simple design and clean mounting of the electric vent valve and are competitive in comparison to other pumps available in the market. Additionally, the new pumps feature easily serviceable components for a durable and long-lasting solution with exceptional value and return on investment. Moving forward, Graco expects to continuously invest in its businesses to diversify and expand its product range to augment its market position.
Headquartered in Minneapolis, Minn., 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. In the latest reported quarter, net sales stood at $286 million, up 7.0% year over year.
GGG has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering now in the industry include EnPro Industries, Inc. (NPO - Free Report) , Gorman-Rupp Co. (GRC - Free Report) and Graham Corp (GHM - Free Report) , each carrying a Zacks Rank #1 (Strong Buy)