Kraco Enterprises,

LLC A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a ...

, is an American private company. It primarily manufactures fabricated rubber products for a wide variety of purposes and applications. While they mainly produce floormats, they have also been a supplier for the automotive industry producing tire walls and even audio equipment including car speakers, stereos, and

CB radio Citizens band radio (CB radio) is a land mobile radio system, a system allowing short-distance one-to-many bidirectional voice communication among individuals, using two-way radios operating near 27 MHz (or the 11-m wavelength) in the high freq ...

s. Kraco was founded in 1954 in

Compton, California Compton is a city located in the Gateway Cities region of southern Los Angeles County, California, United States, situated south of downtown Los Angeles. Compton is one of the oldest cities in the county, and on May 11, 1888, was the eighth ci ...

. Their first product was "Snap-on" white walls to create temporary white-walled

tire A tire (North American English) or tyre (Commonwealth English) is a ring-shaped component that surrounds a Rim (wheel), wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide Traction (engineeri ...

s. They moved into making rubber,

vinyl Vinyl may refer to: Chemistry * Polyvinyl chloride (PVC), a particular vinyl polymer * Vinyl cation, a type of carbocation * Vinyl group, a broad class of organic molecules in chemistry * Vinyl polymer, a group of polymers derived from vinyl ...

and soon thereafter, carpet floormats as the business expanded. During the 1980s and 1990s, Kraco sponsored

Indy Car IndyCar, LLC (stylized as INDYCAR), is an auto racing sanctioning body for American open-wheel car racing headquartered in Indianapolis, Indiana. The organization sanctions two racing series: the premier IndyCar Series with the Indianapolis 5 ...

racing with drivers

Michael Andretti Michael Mario Andretti (born October 5, 1962) is an American former racing driver, and current team owner. Statistically one of the most successful drivers in the history of American open-wheel car racing, Andretti won the 1991 CART champions ...

Bobby Rahal Robert Woodward Rahal ( ; born January 10, 1953) is an American racing driver and motorsports executive. As a driver, he won three championships and 24 races in the CART open-wheel series, including the 1986 Indianapolis 500. As co-owner of R ...

and Al Unser Jr., winning the

Indianapolis 500 The Indianapolis 500, formally known as the Indianapolis 500-Mile Race, and commonly shortened to Indy 500, is an annual automobile race held at the Indianapolis Motor Speedway in Speedway, Indiana, United States, an enclave suburb of Indian ...

in 1992.

Sun Capital Partners Sun Capital Partners, Inc., is an American private equity firm specializing in leveraged buyouts. Sun Capital was founded in 1995 by Marc J. Leder and Rodger Krouse, former classmates at the Wharton School of the University of Pennsylvania and ...

, an American

investment firm An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under th ...

, acquired Kraco in August 2008. In 2010, Kraco Enterprises purchased Auto Expressions, a provider of automobile accessories, which resulted in Kraco tripling its revenue. In the U.K., Kraco products are distributed by its subsidiary Kraco Car Care International Limited (Shell Car Care International Limited until October 1, 2010), which also inherited the distribution of Rain-X products in the U.K. On October 21, 2015, Kraco Enterprises has acquired Who-Rae, a manufacturer and distributor of automotive aftermarket accessories.

Race Results

PPG CART Indycar World Series

( key)

IndyCar wins

* Note: this does not include wins achieved in

1990 Important events of 1990 include the Reunification of Germany and the unification of Yemen, the formal beginning of the Human Genome Project (finished in 2003), the launch of the Hubble Space Telescope, the separation of Namibia from South ...

1991 It was the final year of the Cold War, which had begun in 1947. During the year, the Soviet Union Dissolution of the Soviet Union, collapsed, leaving Post-soviet states, fifteen sovereign republics and the Commonwealth of Independent State ...

and

1992 1992 was designated as International Space Year by the United Nations. Events January * January 1 – Boutros Boutros-Ghali of Egypt replaces Javier Pérez de Cuéllar of Peru as United Nations Secretary-General. * January 6 ** The Republ ...

as Galles-Kraco Racing.

References

Company overview

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External links

Official Kraco Products website
{{Sun Capital Partners Auto parts suppliers of the United States Manufacturing companies based in California Companies based in Los Angeles County, California Compton, California Manufacturing companies established in 1954 1954 establishments in California