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Series of Deals Fatten Graco's Reach

2015-01-07 08:38:44| Industrial Machines - Topix.net

Spray-equipment manufacturer Graco Inc. is bulking up and branching out, spending $185 million in cash for four companies that will expand its geographical and industry footprint. The Minneapolis, MN-based company just announced the $160 million acquisition of High Pressure Equipment Company in Erie, PA, and the purchase of Kamas, UT-based White Knight Fluid Handling for an unspecified amount.

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