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Did you know;
Russell Gray, a Minneapolis parking lot attendant, founded Gray Company, Inc. in 1926 with his brother Leil Gray to produce and sell Russell's air-powered grease gun, invented in response to cold weather making hand-powered grease guns inoperable. Sales their first year of operation were $35,000. By 1941, annual sales had reached $1 million. They capitalized on opportunities in defence-based lubricating needs during World War II.
After the war, they began expanding outside of lubricant handling, developing a paint pump and direct-from-drum industrial fluids pumps. By the mid-1950s they had expanded to $5 million in sales and 400 employees, and were servicing fluid handling needs in a wide variety of industries.
Leil Gray died in 1958, and was succeeded as president by Harry A. Murphy. He was succeeded in turn by David A Koch in 1962. The company continued to expand, helped by the 1957 introduction of the airless spray gun. By 1969, when Gray Company went public and changed its name to Graco, it had annual sales of $33 million.
After acquiring H. G. Fischer & Co, a manufacturer of electrostatic finishing products, sales continued to climb, reflecting an industry-wide shift in automobile painting from air-based to electrostatic technologies. By 1980, sales had climbed to $100 million. Today Graco’s global revenue exceeds 1.22 Billion USD. Armadillo Group are proud to be a platinum Graco LE distributor and for more info call the team today.
Maintenance tip # 22
A planned maintenance schedule can predict component wear. Visually inspect components on an ongoing basis to monitor wear and prevent equipment failure. Components that must be replaced ahead of schedule may signal a larger problem that needs to be diagnosed.
Check belts, pulleys and chains for alignment and condition. Inspect gears and sprockets for broken teeth, cracks and misalignment.
Fluid analysis should also be part of a regular maintenance schedule. Analysis of used lubricants and other fluids is an excellent way to diagnose problems and prevent machinery wear and breakdown. Identifying contaminants in the fluids can lead analysts to the source of wear and damage. If you need help with fluid anaiysis call us today, we have a wide range of solutions available.