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The latest update is out from Graco ( (GGG) ).
Graco Inc. announced a reorganization to position itself for global growth, detailing an operational shift to a customer-centric structure with new business divisions starting January 1, 2025. This change aims to enhance market reach, operational efficiency, and innovation while aligning investments with growth opportunities. The company will report under three new segments: Contractor, Industrial, and Expansion Markets, with financial results reflecting this change from the first quarter of 2025. Additionally, Caroline Chambers, President, EMEA, will be leaving the company at the end of 2024, receiving severance benefits upon her departure.
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