Kraco Enterprises

Last updated
Kraco Enterprises
Company typePrivate
Industry Automobile
Founded1954
FounderMaurice H. Kraines
Headquarters505 E. Euclid Avenue, Compton, CA 90224, USA
ProductsAutomotive Aftermarket
Revenue200 million USD
Number of employees
250
Parent Sun Capital Partners
Website Kraco.com
A Kraco Super Deluxe CB transmitter Kraco Enterprises stereo.jpg
A Kraco Super Deluxe CB transmitter

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.

Contents

Bobby Rahal's Kraco-sponsored IndyCar from 1989 18 LolaCosworth - Rahal's 1989 Indy Car.jpg
Bobby Rahal's Kraco-sponsored IndyCar from 1989

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)

YearChassisEngineDriversNo.1234567891011121314151617Pts PosPos
1981 PHXMILATLMCHRIVMILMCHWGLMXCPHX
Penske PC-7/79 Cosworth DFX Flag of the United States.svg Larry Cannon 991511201230th10
Flag of the United States.svg Dick Ferguson 18610724th20
1982 PHXATLMILCLEMCHMILPOCRIVROAMCHPHX
Penske PC-9B/81 Cosworth DFX Flag of the United States.svg Bill Vukovich Jr. 181141st2
Flag of the United States.svg Dick Ferguson 17DNS47th1
March 82C Flag of the United States.svg Mike Mosley 871671219th37
Flag of Australia (converted).svg Vern Schuppan 99730th18
Penske PC-9B/812724
1983 ATL INDY MILCLEMCHROAPOCRIVMDOMCHCPLLAGPHX
March 83C Cosworth DFX Flag of the United States.svg Mike Mosley 181313541725424DNQ112414th36
Flag of Australia (converted).svg Geoff Brabham 201621st13
991812
Flag of the United States.svg Michael Andretti (R)1924927th4
1984 LBHPHX INDY MILPORMEACLEMCHROAPOCMDOSANMCHPHXLAGCPL
March 84C Cosworth DFX Flag of Australia (converted).svg Geoff Brabham 182163317238951421151116558th87
Flag of the United States.svg Michael Andretti 991035412133201623163733247th102
1985 LBH INDY MILPORMEACLEMCHROAPOCMDOSANMCHLAGPHXMIA
March 85C Cosworth DFX Flag of the United States.svg Kevin Cogan 1823111657972517219417222414th44
Flag of the United States.svg Michael Andretti 991981928472721314192595259th53
1986 PHXLBH INDY MILPORMEACLETORMCHPOCMDOSANMCHROALAGPHXMIA
March 86C Cosworth DFX Flag of the United States.svg Michael Andretti 1815*1*61*2*202191111*1062*2*31*182nd171
1987 LBHPHX INDY MILPORMEACLETORMCHPOCROAMDONAZLAGMIA
March 87C Cosworth DFX Flag of the United States.svg Michael Andretti 184429125651*816131*221*2nd158
1988 PHXLBH INDY MILPORCLETORMEAMCHPOCMDOROANAZLAGMIA
March 88C Cosworth DFX Flag of the United States.svg Michael Andretti 1837471114366th119
Lola T88/003252652217
1989 PHXLBH INDY MILDETPORCLEMEATORMCHPOCMDOROANAZLAG
Lola T89/00 Cosworth DFS Flag of the United States.svg Bobby Rahal 1818426131823119962228769th88
Galles-Kraco Racing
1990 PHXLBH INDY MILDETPORCLEMEATORMCHDENVANMDOROANAZLAG
Lola T90/00 Chevrolet 265A V8 t Flag of the United States.svg Al Unser Jr. 531*4127315*111*11*1*341621st210
Flag of the United States.svg Bobby Rahal 18212242112252223867354th153
1991 SFR LBHPHX INDY MILDETPORCLEMEATORMCHDENVANMDOROANAZLAG
Lola T91/00 Chevrolet 265A V8 t Flag of the United States.svg Al Unser Jr. 116*1*641944422331*352423rd197
Flag of the United States.svg Bobby Rahal 182221942331*311202342242nd200
1992 SFR PHXLBH INDY DETPORMILNHA TOR MCHCLEROAVANMDONAZLAG
Galmer G92 Chevrolet 265A V8 t Flag of the United States.svg Al Unser Jr. 3454*193787432231193rd169
Flag of the United States.svg Danny Sullivan 185121551212938207781777th99

IndyCar wins

#SeasonDateSanctionTrack / RaceNo.Winning DriverChassisEngineTireGridLaps Led
1 1986 April 13 CART Grand Prix of Long Beach (S)18 Flag of the United States.svg Michael Andretti March 86C Cosworth DFX V8 t Goodyear 747
2June 8CART Milwaukee Mile (O)18 Flag of the United States.svg Michael Andretti (2)March 86CCosworth DFX V8tGoodyearPole110
3August 29CART Phoenix International Raceway (O)18 Flag of the United States.svg Michael Andretti (3)March 86CCosworth DFX V8tGoodyear4166
4 1987 May 31CARTMilwaukee Mile (O)18 Flag of the United States.svg Michael Andretti (4)March 87CCosworth DFX V8tGoodyear452
5August 2CART Michigan 500 (O)18 Flag of the United States.svg Michael Andretti (5)March 87CCosworth DFX V8tGoodyearPole129
6September 20CART Nazareth Speedway (O)18 Flag of the United States.svg Michael Andretti (6)March 87CCosworth DFX V8tGoodyearPole150
7November 1CART Tamiami Park, Miami (S)18 Flag of the United States.svg Michael Andretti (7)March 87CCosworth DFX V8tGoodyear288
NC 1988 November 5CART Tamiami Park, Miami (S)18 Flag of the United States.svg Michael Andretti Lola T88/00Cosworth DFX V8tGoodyear619
8 1989 July 16CART Meadowlands Street Circuit (S)18 Flag of the United States.svg Bobby Rahal Lola T89/00Cosworth DFS V8tGoodyear661

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References

  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.