Graco Inc. (GGG), a leading producer of fluid handling equipment, launched TrueCoat 360 – a versatile high-pressure airless handheld sprayer used for painting and staining residential projects. The TrueCoat 360 handheld sprayer offers a quicker and hassle-free approach to apply paint and stain, while achieving the desired results.
TrueCoat 360 has been designed specifically to cater to the needs of the consumer residential market. It is built with a high-pressure piston pump technology comparable with Graco's professional sprayer product range. The TrueCoat 360 is the perfect innovation for indoor and outdoor painting and staining projects as it can spray in any direction.
The feature that sets this sprayer apart is the novel FlexLiner paint bag system that substitutes the conventional material cup and suction tube. As there is no suction tube, the TrueCoat 360 sprayer does not lose prime due to its angle. This enables the user to spray perfectly in the most tricky-to-reach areas, such as overhead, under decks, or in restricted spaces.
Moreover, the sprayer has a dual-speed control that enables accurate material delivery, reducing the risk of overspray. The sprayer is extremely simple to use, really easy to clean, and provides a smooth professional-looking finish.
Headquartered in Minneapolis, MN, Graco is an industrial manufacturer that supplies technology and expertise for management of fluids in both industrial and commercial applications. Graco specializes in making fluid-handling equipment and systems, with one of its best known products being the spray gun used to apply paint to homes, businesses and cars. In spite of its focus on a particular product, the company has a highly diversified revenue stream and enjoys a diverse global customer base. Its products are used in the manufacturing of a broad range of finished goods worldwide.
Graco currently has a Zacks Rank #3 (Hold). Some better-ranked stocks that look promising and are worth a look now include IDEX Corporation (IEX), Tennant Company (TNC) and Middleby Corp (MIDD), each carrying a Zacks Rank #2 (Buy).
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