GGG - Graco Holds Groundbreaking Ceremony for Dayton Distribution Center

On Tuesday, August 30, Graco Inc. (NYSE:GGG) , a leading manufacturer of fluid handling equipment, held the groundbreaking ceremony for the Company’s second building in Dayton, Minnesota.

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The roughly 500,000-square-foot building will serve as the Company’s main worldwide distribution center. Graco is currently collaborating on this project with general contractor, McGough, architectural services firm, JLG, and project manager, Tegra.

"I'm excited to see this project get underway as it marks another milestone for our Company," said Angie Wordell, Graco's Executive Vice President of Operations. "The new distribution center will support Graco businesses worldwide, contributing to operational success and creating future opportunities for growth."

The new building is part of the second phase of Graco’s French Lake development project that began in 2021 when the Company purchased approximately 100 acres of undeveloped land in Dayton, Minnesota. Phase one of the Dayton campus is expected to be completed later in the month.

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 .

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Investors: David Lowe, 612-623-6456

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