Graco Launches E-Mix XT™ An All-Electric, Two-Component Spray Technology

Rhea-AI Summary

Graco Inc. (NYSE:GGG) has launched the E-Mix XT™, an innovative all-electric, two-component spray technology. This new system offers superior efficiency and ease of use for professionals in fluid handling. Key features include:

- Electric variable ratio adjustable from 1:1 to 6:1
- SmartSync™ Control System with touchscreen interface
- RatioGuard Protection for real-time monitoring
- FastClean™ Technology for quick cleaning
- Quiet, high-torque Xtreme Torque™ motors
- Dual Endurance® pumps with ProConnect®

The E-Mix XT eliminates the need for air compressors, providing a quieter and more energy-efficient solution. It's available in 'Standard' and 'Pro' series, catering to different application needs.

Positive

• Launch of innovative E-Mix XT™ technology, potentially increasing market share
• Improved efficiency and ease of use, likely leading to increased customer satisfaction
• Elimination of air compressors, reducing operational costs for users
• Advanced features like SmartSync™ and RatioGuard, enhancing product differentiation

Negative

• None.

Industrial Technology Analyst

As an Industrial Technology Analyst, I find Graco's launch of the E-Mix XT™ to be a significant development in the fluid handling industry. This all-electric, two-component spray technology represents a notable advancement in operational efficiency and user-friendliness.

The key innovations that stand out are:

• Elimination of air compressors, reducing noise and energy consumption
• Electric variable ratio capability (1:1 to 6:1), enhancing versatility
• SmartSync™ Control System for simplified operation
• RatioGuard Protection for real-time monitoring and error prevention

These features address common pain points in the industry, potentially leading to increased adoption rates and market share gains for Graco. The focus on user-friendly design and efficiency improvements aligns well with current industry trends towards automation and ease of use.

From an investor's perspective, this product launch could positively impact Graco's revenue streams, particularly in their Industrial segment. The E-Mix XT's ability to handle coatings with up to 100% solid content expands its application range, potentially opening new market opportunities.

However, it's important to note that the success of this product will depend on factors such as pricing strategy, market reception and the company's ability to effectively market its benefits to contractors. The actual impact on Graco's financials may take several quarters to materialize fully.

Overall, this launch demonstrates Graco's commitment to innovation and could strengthen its competitive position in the fluid handling systems market.

Financial Analyst

As a Financial Analyst, I see Graco's introduction of the E-Mix XT™ as a potentially positive development for the company's financial outlook. While specific revenue projections aren't provided, this product launch could contribute to Graco's top-line growth in the coming quarters.

Key financial considerations include:

• Potential for increased market share in the two-component spray technology segment
• Possible improvement in profit margins due to the product's advanced features and likely premium pricing
• Potential for recurring revenue through consumables and maintenance services

Graco's Industrial segment, which includes fluid handling systems, accounted for approximately 34% of the company's total sales in 2023. A successful launch of the E-Mix XT™ could help drive growth in this segment.

Investors should monitor the following metrics in upcoming quarterly reports:

• Industrial segment revenue growth
• Gross margin improvements
• Any mention of E-Mix XT™ adoption rates or customer feedback

It's worth noting that Graco (NYSE:GGG) has a history of steady growth and strong financial performance. The company's focus on innovation, as evidenced by this launch, aligns with its long-term strategy of maintaining technological leadership in its markets.

While this product launch is promising, investors should remain cautious and consider it as part of Graco's broader product portfolio and market strategy. The actual financial impact will depend on market acceptance and the company's execution in manufacturing and distribution.

New, simple-to-operate, all-electric sprayers set to redefine ease of use and efficiency

MINNEAPOLIS--(BUSINESS WIRE)-- Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling systems, today unveiled the E-Mix XT™, the latest innovation in electric variable ratio two-component sprayers. Designed for superior efficiency and ease of use, the all-electric E-Mix XT represents a breakthrough in the industry, promising significant cost and time savings for professionals.

The E-Mix XT eliminates the need for traditional air compressors, offering a quieter, more energy-efficient solution. (Photo: Business Wire)

The E-Mix XT eliminates the need for traditional air compressors, offering a quieter, more energy-efficient solution. Its cutting-edge design makes the sprayers easy to operate from an intuitive touchscreen interface. With simplified setup and operation, this advanced spray technology is accessible to all users without extensive training.

Key Features of the E-Mix XT include:

- Electric variable ratio: Adjustable from 1:1 up to 6:1, with the ability to handle coatings with up to 100% solid content
- SmartSync^™ Control System: Integrates all spray parameters in one easy-to-use touchscreen, ensuring perfect synchronization of motors and pumps for a flawless application
- RatioGuard Protection: Real-time monitoring and an integrated alarm system prevents errors and reduces the need for rework
- FastClean^™ Technology: Features a solvent flush pump for quick cleaning, maintaining equipment integrity and prolonging the lifespan of the sprayer
- Powerful and quiet motor: Low RPM, high torque Xtreme Torque^™ motors ensure silent operation and exceptional performance
- Durability and Precision: Dual Endurance^® pumps equipped with ProConnect^® offer unmatched life and accuracy

"Graco continues to innovate with the patented E-Mix XT, providing contractors with a solution that not only saves time and money but also enhances their ability to efficiently deliver high-quality work," said Bob Gundersen, global product marketing manager at Graco. "This system is a game-changer for the industry, particularly for contractors who spray plural materials – without the steep learning curve that other systems require."

The E-Mix XT is available in two series: “Standard,” for typical applications where a remote manifold is not required, and “Pro,” which includes enhanced features such as a light tower, hose rack and a remote manifold for longer hose runs.

For additional information on the E-Mix XT, including detailed specifications and purchasing options, visit www.graco.com/EMIX.

WATCH: What Contractors Are Saying About E-Mix XT

ABOUT GRACO

Graco Inc. is a world leader in fluid handling systems and components. Graco products move, measure, control, dispense, and apply a wide range of fluids and viscous materials used in commercial and industrial settings. The company's success is based on its unwavering commitment to technical excellence, world-class manufacturing, and unparalleled customer service. For more information, visit www.graco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240724870031/en/

Kathleen Rosenfield

763-251-5957

Kathleen_T_Rosenfield@graco.com

Source: Graco Inc.

FAQ

What is the E-Mix XT™ launched by Graco (NYSE:GGG)?

The E-Mix XT™ is an all-electric, two-component spray technology launched by Graco Inc. It offers superior efficiency and ease of use for professionals in fluid handling, featuring electric variable ratio, SmartSync™ Control System, and other advanced technologies.

What are the key features of Graco's (NYSE:GGG) E-Mix XT™ sprayer?

Key features of the E-Mix XT™ include electric variable ratio (1:1 to 6:1), SmartSync™ Control System, RatioGuard Protection, FastClean™ Technology, quiet Xtreme Torque™ motors, and Dual Endurance® pumps with ProConnect®.

How does the E-Mix XT™ by Graco (NYSE:GGG) differ from traditional sprayers?

The E-Mix XT™ eliminates the need for traditional air compressors, offering a quieter and more energy-efficient solution. It features an intuitive touchscreen interface and simplified setup, making it accessible to users without extensive training.

What are the available series of the E-Mix XT™ sprayer from Graco (NYSE:GGG)?

The E-Mix XT™ is available in two series: 'Standard' for typical applications where a remote manifold is not required, and 'Pro' which includes enhanced features like a light tower, hose rack, and a remote manifold for longer hose runs.