This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Graco Receives Visionary Award For InvisiPac™ Tank-Free™ Hot Melt System

Stocks in this article: GGG

Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, was awarded the Gold Visionary Award by UBM Canon’s Packaging Group in a ceremony held last night at the EastPack 2013 packaging industry trade show in Philadelphia, Pa. The award recognized Graco for its design of the InvisiPac Tank-Free Hot Melt Delivery System, which was previewed at Pack Expo 2012 and launched in February 2013. Graco Global Product Marketing Manager Nicholas Long accepted the award on behalf of the development team.

“It is especially gratifying to be recognized for this innovation,” Long said. “We developed the product in response to a set of specific customer problems within a relatively short time frame. The fact that we emerged with an award-winning, new technology for the packaging industry is a testament to the creative minds of a lot of people, including our first customer, Summit Brewing.”

While traditional hot melt systems use large tanks to heat adhesive to liquid form, the InvisiPac system is tank-free and its compact melting chamber processes pellets in small batches. Because the adhesive spends only a short amount of time at high temperatures there is significantly less char formation than in traditional tank systems. Less char eliminates the possibility of plugged nozzles and greatly reduces overall system maintenance.

“Without a tank attached to the system, InvisiPac reduces char and eliminates nozzle plugging. Operators no longer need to go through the time-consuming process of tank scraping and cleaning. The system ultimately lowers the end user’s maintenance requirements,” said Long. “The end result is better line efficiency and less downtime, resulting in time and cost savings for the packaging customer.”

The Summit Brewing Company of St. Paul, Minn. installed and tested two InvisiPac machines in the spring of 2012 and expects to install two more by the fall of 2013, converting their entire hot melt adhesive packaging operations to use the InvisiPac system.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs