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Stock impact report

Graco Inc. Announces New Organizational Structure To Drive Global Growth

Graco Inc. (GGG) 
Last graco inc. earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: graco.com/us/en/investor-relations.html
Company Research Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a worldwide leader in commercial and industrial fluid and powder handling systems, announced today a new organizational structure to unlock global growth opportunities and drive sustainable profitability and operational efficiency.“Establishing a market-oriented global structure will ensure that we are well positioned long term to enter new markets, capitalize on our most significant opportunities and accelerate our growth,” said Mark Sheahan, President and Chief Executive Officer of Graco.Effective January 1, 2025, the company will move to a global, customer-centric operating structure with four business divisions: Industrial, Expansion Markets, Contractor and Powder. At that time, the South and Central America (SCA), Europe, Middle East and Africa (EMEA), and Asia Pacific (AP) regions, which previously operated independently, will be integrated into the business divisions.Industrial Division:The company’s current Industrial an Show less Read more
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