FTC Requires Graco to Sell ITW Liquid Finishing Equipment Businesses
The Federal Trade Commission will require Graco to sell the worldwide liquid finishing business of Illinois Tool Works and ITW Finishing under a proposed order as part of a settlement. It will resolve charges that its $650 million acquisition of several ITW businesses would have been anticompetitive and led to higher prices and reduced innovation for the North American manufacturers who rely on this equipment.
a law violation. When the Commission issues a consent order on a final basis, it carries the force of law with respect to future actions. Each violation of such an order may result in a civil penalty of up to $16,000.
Related Content
TTX’s Automated Conveyor Carrier System Offers Wireless, Flexible Operation
ACC system designed for reliable, consistent point-to-point movement of everything from small to heavy parts.
Read MoreProducts Finishing Reveals 2024 Qualifying Top Shops
PF reveals the qualifying shops in its annual Top Shops Benchmarking Survey — a program designed to offer shops insights into their overall performance in the industry.
Read MoreHow to Avoid Mud Cracking
Julie Holmquist of Cortec Corporation discusses ways to avoid mud cracking defects when applying anticorrosion coatings.
Read MoreCuring Oven Basics
Simply heating up the substrate does not cure the coating. There are many variables to consider when choosing the best cure oven for your application...
Read MoreRead Next
Delivering Increased Benefits to Greenhouse Films
Baystar's Borstar technology is helping customers deliver better, more reliable production methods to greenhouse agriculture.
Read MoreEducation Bringing Cleaning to Machining
Debuting new speakers and cleaning technology content during this half-day workshop co-located with IMTS 2024.
Read MoreEpisode 45: An Interview with Chandler Mancuso, MacDermid Envio Solutions
Chandler Mancuso, technical director with MacDermid Envio discusses updating your wastewater treatment system and implementing materials recycling solutions to increase efficiencies, control costs and reduce environmental impact.
Read More