Kraco Enterprises

Kraco Enterprises
Company type	Private
Industry	Automobile
Founded	1954
Founder	Maurice H. Kraines
Headquarters	505 E. Euclid Avenue, Compton, CA 90224, USA
Products	Automotive Aftermarket
Revenue	200 million USD
Number of employees	250
Parent	Sun Capital Partners
Website	Kraco.com

Kraco Enterprises, LLC, 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 radios. Kraco was founded in 1954 in Compton, California.^[1] Their first product was "Snap-on" white walls to create temporary white-walled tires. They moved into making rubber, vinyl and soon thereafter, carpet floormats as the business expanded.

During the 1980s and 1990s, Kraco sponsored Indy Car racing with drivers Michael Andretti, Bobby Rahal and Al Unser Jr., winning the Indianapolis 500 in 1992.

Sun Capital Partners, an American investment firm, acquired Kraco in August 2008.^[2] In 2010, Kraco Enterprises purchased Auto Expressions, a provider of automobile accessories,^[3] which resulted in Kraco tripling its revenue.^[4]

In the U.K., Kraco products are distributed by its subsidiary Kraco Car Care International Limited^[5] (Shell Car Care International Limited until October 1, 2010),^[6] which also inherited the distribution of Rain-X products in the U.K.^[7]

On October 21, 2015, Kraco Enterprises has acquired Who-Rae, a manufacturer and distributor of automotive aftermarket accessories.^[8]

Race Results

PPG CART Indycar World Series

(key)

Year	Chassis	Engine	Drivers	No.	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	Pts Pos	Pos
1981					PHX	MIL	ATL		MCH	RIV	MIL	MCH	WGL	MXC	PHX
	Penske PC-7/79	Cosworth DFX	Larry Cannon	99		15	11	20	12													30th	10
	Penske PC-7/79	Cosworth DFX	Dick Ferguson	99						18		6		10	7							24th	20
1982					PHX	ATL	MIL	CLE	MCH	MIL	POC	RIV	ROA	MCH	PHX
	Penske PC-9B/81	Cosworth DFX	Bill Vukovich Jr.	18			11															41st	2
	Penske PC-9B/81		Dick Ferguson		17	DNS																47th	1
	March 82C		Mike Mosley						8	7	16			7	12							19th	37
	March 82C		Vern Schuppan	99				7														30th	18
	Penske PC-9B/81		Vern Schuppan	99								27	24									30th	18
1983					ATL	INDY	MIL	CLE	MCH	ROA	POC	RIV	MDO	MCH	CPL	LAG	PHX
	March 83C	Cosworth DFX	Mike Mosley	18	13	13	5	4	17	25	4	24	DNQ	11			24					14th	36
			Geoff Brabham	18											20	16						21st	13
			Geoff Brabham	99								18		12								21st	13
			Michael Andretti (R)	99											19	24	9					27th	4
1984					LBH	PHX	INDY	MIL	POR	MEA	CLE	MCH	ROA	POC	MDO	SAN	MCH	PHX	LAG	CPL
	March 84C	Cosworth DFX	Geoff Brabham	18	2	16	33	17	2	3	8	9	5	14	21	15	11	16	5	5		8th	87
	March 84C	Cosworth DFX	Michael Andretti	99	10	3	5	4	12	13	3	20	16	23	16	3	7	3	3	24		7th	102
1985					LBH	INDY	MIL	POR	MEA	CLE	MCH	ROA	POC	MDO	SAN	MCH	LAG	PHX	MIA
	March 85C	Cosworth DFX	Kevin Cogan	18	23	11	16	5	7	9	7	25	17	21	9	4	17	22	24			14th	44
	March 85C	Cosworth DFX	Michael Andretti	99	19	8	19	28	4	7	27	2	13	14	19	25	9	5	25			9th	53
1986					PHX	LBH	INDY	MIL	POR	MEA	CLE	TOR	MCH	POC	MDO	SAN	MCH	ROA	LAG	PHX	MIA
1986	March 86C	Cosworth DFX	Michael Andretti	18	15*	1*	6	1*	2*	20	2	19	11	11*	10	6	2*	2*	3	1*	18	2nd	171
1987					LBH	PHX	INDY	MIL	POR	MEA	CLE	TOR	MCH	POC	ROA	MDO	NAZ	LAG	MIA
1987	March 87C	Cosworth DFX	Michael Andretti	18	4	4	29	1	2	5	6	5	1*	8	16	13	1*	22	1*			2nd	158
1988					PHX	LBH	INDY	MIL	POR	CLE	TOR	MEA	MCH	POC	MDO	ROA	NAZ	LAG	MIA
	March 88C	Cosworth DFX	Michael Andretti	18	3	7	4	7	11	14	3	6										6th	119
	Lola T88/00	Cosworth DFX	Michael Andretti	18									3	25	26	5	2	2	17			6th	119
1989					PHX	LBH	INDY	MIL	DET	POR	CLE	MEA	TOR	MCH	POC	MDO	ROA	NAZ	LAG
1989	Lola T89/00	Cosworth DFS	Bobby Rahal	18	18	4	26	13	18	2	3	1	19	9	6	22	28	7	6			9th	88
Galles-Kraco Racing
1990					PHX	LBH	INDY	MIL	DET	POR	CLE	MEA	TOR	MCH	DEN	VAN	MDO	ROA	NAZ	LAG
	Lola T90/00	Chevrolet 265A V8 t	Al Unser Jr.	5	3	1*	4	1	27	3	15*	11	1*	1	1*	1*	3	4	16	2		1st	210
	Lola T90/00	Chevrolet 265A V8 t	Bobby Rahal	18	2	12	2	4	2	11	2	25	22	2	3	8	6	7	3	5		4th	153
1991					SFR	LBH	PHX	INDY	MIL	DET	POR	CLE	MEA	TOR	MCH	DEN	VAN	MDO	ROA	NAZ	LAG
	Lola T91/00	Chevrolet 265A V8 t	Al Unser Jr.	1	16*	1*	6	4	19	4	4	4	2	23	3	1*	3	5	2	4	2	3rd	197
	Lola T91/00	Chevrolet 265A V8 t	Bobby Rahal	18	2	2	2	19	4	2	3	3	1*	3	11	20	2	3	4	2	24	2nd	200
1992					SFR	PHX	LBH	INDY	DET	POR	MIL	NHA	TOR	MCH	CLE	ROA	VAN	MDO	NAZ	LAG
	Galmer G92	Chevrolet 265A V8 t	Al Unser Jr.	3	4	5	4*	1	9	3	7	8	7	4	3	2	2	3	11	9		3rd	169
	Galmer G92	Chevrolet 265A V8 t	Danny Sullivan	18	5	12	1	5	5	12	12	9	3	8	20	7	7	8	17	7		7th	99

IndyCar wins

#	Season	Date	Sanction	Track / Race	No.	Winning Driver	Chassis	Engine	Tire	Grid	Laps Led
1	1986	April 13	CART	Grand Prix of Long Beach (S)	18	Michael Andretti	March 86C	Cosworth DFX V8 t	Goodyear	7	47
2		June 8	CART	Milwaukee Mile (O)	18	Michael Andretti (2)	March 86C	Cosworth DFX V8t	Goodyear	Pole	110
3		August 29	CART	Phoenix International Raceway (O)	18	Michael Andretti (3)	March 86C	Cosworth DFX V8t	Goodyear	4	166
4	1987	May 31	CART	Milwaukee Mile (O)	18	Michael Andretti (4)	March 87C	Cosworth DFX V8t	Goodyear	4	52
5		August 2	CART	Michigan 500 (O)	18	Michael Andretti (5)	March 87C	Cosworth DFX V8t	Goodyear	Pole	129
6		September 20	CART	Nazareth Speedway (O)	18	Michael Andretti (6)	March 87C	Cosworth DFX V8t	Goodyear	Pole	150
7		November 1	CART	Tamiami Park, Miami (S)	18	Michael Andretti (7)	March 87C	Cosworth DFX V8t	Goodyear	2	88
NC	1988	November 5	CART	Tamiami Park, Miami (S)	18	Michael Andretti	Lola T88/00	Cosworth DFX V8t	Goodyear	6	19
8	1989	July 16	CART	Meadowlands Street Circuit (S)	18	Bobby Rahal	Lola T89/00	Cosworth DFS V8t	Goodyear	6	61

Note: this does not include wins achieved in 1990, 1991 and 1992 as Galles-Kraco Racing.

References

^ "Kraco Enterprises, LLC". Hoover's Inc. website. Dun & Bradstreet. Retrieved March 11, 2012.
^ "Kraco Enterprises". Sun Capital Partners. Archived from the original on March 14, 2012. Retrieved March 11, 2012.
^ "Kraco Enterprises to Acquire Auto Expressions from Shell Oil Company". Motor Sports News Wire. June 9, 2010. Archived from the original on 2017-03-21. Retrieved March 20, 2017.
^ Beckerman, Josh (June 11, 2010). "The Week In Private Equity: The Ants And The Giraffes". Private Equity Beat. The Wall Street Journal. Retrieved March 11, 2010.
^ "Kraco Car Care International Limited". Companies House website.
^ "Certificate of Incorporation on Change of Name".
^ "Rain-X UK website".
^ "Kraco Enterprises Completes Acquisition of Who-Rae". Kraco Press Release. October 21, 2015. Retrieved March 20, 2017.

Company overview Yahoo Finance

External links

Official Kraco Products website

[1] "Kraco Enterprises, LLC". Hoover's Inc. website. Dun & Bradstreet. Retrieved March 11, 2012.

[2] "Kraco Enterprises". Sun Capital Partners. Archived from the original on March 14, 2012. Retrieved March 11, 2012.

[3] "Kraco Enterprises to Acquire Auto Expressions from Shell Oil Company". Motor Sports News Wire. June 9, 2010. Archived from the original on 2017-03-21. Retrieved March 20, 2017.

[4] Beckerman, Josh (June 11, 2010). "The Week In Private Equity: The Ants And The Giraffes". Private Equity Beat. The Wall Street Journal. Retrieved March 11, 2010.

[5] "Kraco Car Care International Limited". Companies House website.

[6] "Certificate of Incorporation on Change of Name".

[7] "Rain-X UK website".

[8] "Kraco Enterprises Completes Acquisition of Who-Rae". Kraco Press Release. October 21, 2015. Retrieved March 20, 2017.

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