Graco Inc. manufactures and distributes specialized fluid handling and finishing equipment through three segments: Contractor (sprayers and dispensing systems for construction and road marking), Industrial (liquid finishing equipment, fluid dispensing systems, and powder coating products for manufacturing), and Expansion Markets (semiconductor process pumps, high-pressure valves, and environmental equipment). The company sells its products globally through direct sales forces and distributor networks to customers in construction, industrial production, automotive manufacturing, semiconductor fabrication, oil and gas, and environmental services. Revenue is generated upon shipment or delivery of equipment, with typical payment terms under one year, and the company also derives income from promotional activities, early payment discounts, and design licensing services.