Graco Inc., a leading manufacturer of fluid handling equipment, purchased approximately 100 acres of undeveloped land as part of the French Lake Industrial Center in Dayton, Minnesota.
The company said it intends to begin development of a 500,000-square-foot facility along West French Lake Road to be completed by late 2022 as the first phase. The Dayton campus is a couple of miles from each of Graco’s two existing buildings in Rogers.
“We’re thankful to be in a position to invest in this expansion and look forward to offering our divisions the space they need to keep designing, manufacturing, marketing and distributing our leading technology to customers worldwide,” said Angela Wordell, Graco’s Executive Vice President of Operations and President of its Worldwide Oil and Natural Gas Division. “Thank you to the City of Dayton, Greater MSP and Xcel Energy for their assistance in making this project a reality.”
According to company officials, the land will support Graco’s sustained growth by allowing two of its three business divisions currently operating in Minneapolis to relocate. Headquartered in Minneapolis, Graco also operates facilities in Anoka and Rogers, Minnesota as well as around the world.
Graco supplies technology and expertise for the management of fluids in both industrial and commercial applications. The company designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials.