Graco Opens South China Innovation Center in DongGuan City

Rhea-AI Summary

Graco Inc. (NYSE:GGG) has launched the South China Innovation Center in DongGuan, China, aimed at enhancing support for the growing electronics market. The facility will enable closer collaboration with key customers and provide solutions for electronics assembly and new energy vehicles. Graco's investments in product development and testing underscore its commitment to the region, alongside an existing center in Shanghai. The center features training spaces and product labs to facilitate engineering and customer support.

Positive

• The South China Innovation Center enhances Graco's capacity to support the expanding electronics market.
• Strategically located in DongGuan, it improves relationships with key customers in electronics assembly.
• Investment in product development and application testing demonstrates Graco's commitment to innovation.
• The facility provides large-scale training and product demonstration areas to support collaboration.

Negative

• None.

Facility strengthens ability to support key customers in the electronics market

MINNEAPOLIS--(BUSINESS WIRE)-- Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, has announced the opening of the South China Innovation Center in DongGuan City, China, focused on serving the electronics industry. Electronic product assembly is a rapidly growing market that supports the manufacturing and development of electronics components in a variety of applications including automotive, consumer and connected infrastructure to create and maintain electric vehicles and fleets.

“Graco has recently made several investments globally related to product development and application testing. This new facility is strategically located in South China and will increase our ability to support and strengthen relationships with key customers,” said Tony Gargano, President of Asia Pacific. “This functional design and testing center will extend our commitment to the region by being closer to our customers in key market segments, particularly in the area of electronics assembly and new energy vehicles.”

Graco’s team of experts in mechanical engineering, electronic engineering and software development, working with the local commercial team, are ready to serve customers by helping them find solutions around emerging technologies and custom applications with local support. The facility has a large-scale training space, equipment demonstration areas and product labs to support the work of the team and host in-person collaboration.

The South China Innovation Center and the existing AP Innovation Center in Shanghai expands Graco’s commitment to China and gives customers access to a global network of engineers developing electronics, automotive and new energy solutions.

ABOUT GRACO

Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense, and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction and maintenance industries. For additional information about Graco Inc., please visit us at www.graco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211111006107/en/

David Ahlers, 612-623-6699

dahlers@graco.com

Source: Graco Inc.

FAQ

What is the purpose of the South China Innovation Center opened by Graco (NYSE:GGG)?

The South China Innovation Center is designed to enhance support for the electronics industry and strengthen relationships with key customers.

Where is Graco's new facility located?

Graco's new South China Innovation Center is located in DongGuan City, China.

What markets does the South China Innovation Center focus on?

The center focuses on electronics assembly and new energy vehicles, serving various applications.

How does the South China Innovation Center support Graco's customers?

The center provides local support, custom applications, and solutions related to emerging technologies.

What facilities are included in Graco's South China Innovation Center?

The center includes training spaces, equipment demonstration areas, and product labs for collaboration and support.