User:B137/Kraco Enterprises
| Company type | Subsidiary |
|---|---|
| Industry | Automobile |
| Founded | 1954 |
| Headquarters | 505 E. Euclid Ave, Compton, CA 90224 |
Key people | Lawrence M. Kraines; Chairman and CEO
|
| Products | Fabricated Rubber Products |
| Revenue | 55 million (2007) |
Number of employees | 175 (2007) |
| Website | Kraco.com |
Kraco Enterprises, LLC, is priimarily a fabricated rubber products manufacturing company. While they mainly produce floormats, they have also produced tire walls and even speakers. Kraco was founded in 1954 in Compton, California. 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 eighties and nineties, Kraco became involved with Indy Car racing, winning the Indianapolis 500 in 1992.
Sun Capital Partners, a US-based investment firm, acquired Kraco in late 2008.