-

Graco Inc. Appoints Archie C. Black to the Board of Directors

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG) announced today that Archie C. Black has been appointed as a member of the Company’s Board of Directors, effective February 20, 2023.

Mr. Black has served as the Chief Executive Officer of SPS Commerce, Inc. (NASDAQ:SPSC) — a cloud-based supply chain management software company based in Minneapolis — since 2001, and is a member of its board of directors. Prior to becoming CEO of SPS Commerce, Mr. Black was its Senior Vice President and Chief Financial Officer. During his time as CEO of SPS Commerce, Mr. Black has led the transformation of a technology startup company into a successful global business and has developed a deep understanding of the requirements of managing a public company. He also serves as a director of Proto Labs, Inc., where he is Chairman of the board. In addition, he serves on the Executive Committee of the Minnesota Business Partnership and on the Board of Trustees of the University of St. Thomas.

“On behalf of our Board of Directors and management team I want to welcome Archie to Graco,” said Lee R. Mitau, Graco’s Chairman of the Board. “Archie brings to our Board unique perspectives on leveraging technology to improve business processes, outcomes and performance. We are excited to add a director of proven leadership and a wealth of valuable insights and business experience.”

Mr. Black will serve on the Company’s Audit Committee and its Management Organization and Compensation Committee.

ABOUT GRACO

Graco Inc. supplies technology and expertise for the management of fluids 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.

Contacts

Investors: David Lowe, 612-623-6456

Media: Taylor Juve, 612-623-6153
Taylor_M_Juve@graco.com

Industry:

Graco Inc.

NYSE:GGG
Release Versions
English

Contacts

Investors: David Lowe, 612-623-6456

Media: Taylor Juve, 612-623-6153
Taylor_M_Juve@graco.com

More News From Graco Inc.

Graco Inc. Enters into Definitive Agreement to Acquire Valco Melton, a Global Leader in Precision Adhesive Applications and Quality Assurance Systems

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a global leader in fluid and powder handling technologies, today announced it has entered into a definitive agreement to acquire Valco Melton, a global provider of adhesive application and quality assurance systems, for $447 million in cash, including the present value of approximately $40 million in expected tax benefits, subject to customary adjustments. This represents approximately 14x Valco Melton’s full year 2025 EBITDA. The transactio...

Graco Unveils Monumental Land Art by World-Renowned Artist Saype to Mark 100 Years

DAYTON, Minn.--(BUSINESS WIRE)--To celebrate its 100th anniversary, Graco has unveiled a large-scale land artwork by internationally recognized artist Saype, marking his first-ever installation in Minnesota and adding Graco’s campus in Dayton to the global list of locations where his work has appeared. Saype is widely recognized for pioneering large-scale, biodegradable land art designed to be viewed from the sky, creating striking, temporary frescoes on grass, sand, snow, and earth that are re...

Acquisitions Drive Sales Growth

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 27, 2026. Summary  $ in millions except per share amounts      Three Months Ended   Mar 27, 2026   Mar 28, 2025   % Change Net Sales $ 540.1   $ 528.3   2 % Operating Earnings   137.8     144.0   (4 )% Net Earnings   118.5     124.1   (5 )% Diluted Net Earnings per Common Share $ 0.70   $ 0.72   (3 )%             Adjusted (non-GAAP): (1)           Net Earnings, adjusted $ 111.8   $ 120...
Back to Newsroom