Kraco Enterprises
Encyclopedia
Kraco Enterprises, LLC
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...

, is primarily a fabricated rubber products manufacturing company. While they mainly produce floormats, they have also produced tire walls and even audio equipment including car speakers CB radios. Kraco was founded in 1954 in Compton, California
Compton, California
Compton is a city in southern Los Angeles County, California, United States, southeast of downtown Los Angeles. The city of Compton is one of the oldest cities in the county and on May 11, 1888, was the eighth city to incorporate. The city is considered part of the South side by residents of Los...

. Their first product was "Snap-on" white walls to create temporary white-walled tire
Tire
A tire or tyre is a ring-shaped covering that fits around a wheel rim to protect it and enable better vehicle performance by providing a flexible cushion that absorbs shock while keeping the wheel in close contact with the ground...

s. They moved into making rubber, vinyl
Gramophone record
A gramophone record, commonly known as a phonograph record , vinyl record , or colloquially, a record, is an analog sound storage medium consisting of a flat disc with an inscribed, modulated spiral groove...

 and soon thereafter, carpet floormats
Mat
A mat is a generic term for a piece of fabric or flat material, generally placed on a floor or other flat surface, and serving a range of purposes including:* providing a regular or flat surface, such as a mousepad....

 as the business expanded.
During the eighties and nineties, Kraco became involved with Indy Car
Champ Car
Champ Car was the name for a class and specification of open wheel cars used in American Championship Car Racing for many decades, primarily for use in the Indianapolis 500 auto race...

 racing, winning the Indianapolis 500
Indianapolis 500
The Indianapolis 500-Mile Race, also known as the Indianapolis 500, the 500 Miles at Indianapolis, the Indy 500 or The 500, is an American automobile race, held annually, typically on the last weekend in May at the Indianapolis Motor Speedway in Speedway, Indiana...

 in 1992.

Sun Capital Partners, a US-based investment firm, acquired Kraco in late 2008.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK