Graco Inc. announced that it has purchased the stock of Gusmer Corp., based in Lakewood, N.J.
MINNEAPOLIS-In February 2005, Graco Inc., based in Minneapolis, acquired Gusmer Corp., Lakewood, N.J. This combination establishes them as a leader in manufacturing spray equipment for applying polyurethane foam, polyurea, and other high-performance plural-component materials. The new Graco-Cusmer combines research and development, sales, marketing and manufacturing.
"These combined resources and improved economies of scale allow us to make significant advancements in technology and design, resulting in long-term market growth and the most responsive technical/customer support in the industry," said Brian Zumbolo, director of sales and marketing, High Performance Coatings & Foam.