Investment to accommodate sustained growth of operations

MINNEAPOLIS, August 25, 2022--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announces the purchase of approximately 20 acres of land adjacent to the Company's existing Anoka facility. The acquired land is located south of Bunker Lake Blvd. and northwest of Graco. The Company anticipates the now-vacant land will be used for future expansion as the business continues to grow.

"Over the last few years, Graco’s Lubrication Equipment Division has primarily invested back into its business through new technology and machinery," said Peter O'Shea, President, Worldwide Lubrication Equipment Division, and President, South and Central America. "The new land acquisition will provide the necessary space for facility expansion to support those investments, allowing us to grow our business and manufacturing capabilities."

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 .

View source version on businesswire.com: https://www.businesswire.com/news/home/20220825005712/en/

Investors: David Lowe, 612-623-6456 Media: David Ahlers, 612-623-6699 David_M_Ahlers@graco.com

Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Relatively few advisers are focusing on this outcome — at least among the more than 100 I regularly monitor.

Perhaps not: One fund manager that successfully navigated the past two major stock crashes is bracing for an awful end to the year because it fears the Federal Reserve’s quiet exit from bonds. London-based Ruffer LLP is concerned that the accelerating runoff of the Fed’s Treasury holdings will suck liquidity out of the markets—just as rising rates and falling stock and bond prices increase the need for cash to smooth the drop. “It puts a pincer on equities and bonds at the same time,” said investment director at Ruffer.

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In this article, we will discuss some of the best stocks to buy according to Dave Smith, Chief Investment Officer at investment management company Rockland Trust. If you want to explore similar stocks, you can also look at Long-Term Analyst: Buy These 5 Stocks. David Smith has been in the financial services industry for over […]

With summer winding down, the U.S. stock market is set up for a potentially shaky fall. “Recession fears are the most likely trigger of a retest of the June lows,” said Ed Clissold, chief U.S. strategist at Ned Davis Research, in an Aug. 31 note. When U.S. investors return from the long Labor-Day weekend, history indicates they’ll be facing the weakest time of the year for the S&P 500 index: the stretch from Sept. 6 to Oct. 25, according to the note.

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When a loved one passes away, it can be an emotional experience. Unfortunately, handling the deceased's finances can add to this stress. While most people know that you need to file a final tax return for the deceased, most people … Continue reading → The post Income in Respect of a Decedent (IRD) appeared first on SmartAsset Blog.

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Starbucks Corp.'s soon-to-be chief executive is a "world-class leader" with deep knowledge of consumer-product companies and will spend time as a barista to get to know the company, the retailer's founder Howard Schultz said Thursday.