Kraco Enterprises
American private 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 | ||||||||||||||
Dick Ferguson | 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 | |||||||||||||||||
Dick Ferguson | 17 | DNS | 47th | 1 | |||||||||||||||||||
March 82C | Mike Mosley | 8 | 7 | 16 | 7 | 12 | 19th | 37 | |||||||||||||||
Vern Schuppan | 99 | 7 | 30th | 18 | |||||||||||||||||||
Penske PC-9B/81 | 27 | 24 | |||||||||||||||||||||
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 | 20 | 16 | 21st | 13 | |||||||||||||||||||
99 | 18 | 12 | |||||||||||||||||||||
Michael Andretti (R) | 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 | ||
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 | |||
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 | ||||||
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 | ||||||||
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 | 3 | 25 | 26 | 5 | 2 | 2 | 17 | ||||||||||||||||
1989 | PHX | LBH | INDY | MIL | DET | POR | CLE | MEA | TOR | MCH | POC | MDO | ROA | NAZ | LAG | ||||||||
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 | ||
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 | |
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 | ||
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 .
External links
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