Several important factors, such as concern for the environment, economic competitiveness and technology, have converged over the past 25 years to cause both industry and government to constantly reassess the cleaning phase of manufacturing processes. In the 1990s, many manufacturers of industrial and commercial products were significantly impacted by the chlorofluorocarbon (CFC) phase-out.
Graco Inc. recently announced it has signed a definitive agreement to sell the Liquid Finishing business assets that were purchased as part of Graco’s acquisition of the Finishing Brands business from Illinois Tool Works (ITW).