Wood shops of all sizes face intense cost, quality, and turnaround pressures. Even small flaws can lead to costly rework, wasted material, and poor consumer ratings.
Graco says its Pro Xp electrostatic spray guns are smaller and lighter, and because they "wrap" paint around objects, they virtually eliminate overspray.
Carlisle Companies Incorporated (NYSE:CSL) today announced the signing of a definitive agreement to purchase from Graco Inc. (NYSE:GGG) and its subsidiary Finishing Brands Holdings, Inc. their held separate liquid finishing business assets (“Liquid Finishing Brands”) in a $590 million cash transaction.
The acquisition gives Carlisle a leading position in a new industry segment with widely recognized premium brands in industrial liquid finishing equipment and systems.
Graco will sell the Binks, DeVilbiss, Ransburg and BGK assets obtained during its acquisition of the Finishing Brands. Carlisle Companies will purchase the Liquid Finishing business from Graco for $590 million.
Graco has signed a definitive agreement to sell the Liquid Finishing business assets that were purchased as part of its acquisition of the Finishing Brands business from Illinois Tool Works (ITW) on April 2, 2012.
The seven winners of the Challengers Distinguished Achievement Award were announced Aug. 20 during the International Woodworking Fair. They are: Aiken Development, Castle Inc., Graco, Thermwood Corp., Timesavers and Weinig/Holz-Her, which won two awards.