Graco subsidiary ETM licenses motor technology to ABB for data center cooling

• Graco's wholly owned subsidiary Electric Torque Machines signed a technology licensing agreement with ABB for data center cooling.
• The partners will develop products using ETM's Transverse Flux Motor technology for cooling towers, heat rejection and related thermal management applications.
• Initial installations in data centers are targeted by the end of 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graco Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610211621BIZWIRE_USPR_____20261021_BW022754) on October 21, 2026, and is solely responsible for the information contained therein.