Graco Inc. recently announced that it has completed the acquisition of the business of Smith Manufacturing. Smith, located in Pompano Beach, Fla., makes and sells scarifying equipment for interior and exterior surface preparation. The Smith business will reportedly continue to operate out of its existing facility, manufacturing both Smith and Graco scarifying products.
“Smith is a well-known brand for surface preparation and grinding equipment used in striping, road construction, road maintenance and concrete flooring/surfaces,” said Dale Johnson, president of Graco’s worldwide contractor equipment division. “Their broad line of products will be a great addition to our pavement maintenance equipment offering and an excellent complement to our robust family of line striping equipment.”
Top 5 News that Sticks for December 31-January 6
1. Graco Completes Acquisition of Smith Manufacturing
2. Increased Demand to Boost Adhesive Resin Market
3. Green Polyurethane Sealants Spurring Market Growth
4. Chemical Activity Suggests Robust Economy into Third Quarter 2018
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