Kraco Enterprises

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Kraco Enterprises
Private
IndustryAutomobile
Founded1954
FounderMaurice H. Kraines
Headquarters505 E. Euclid Ave, Compton, CA 90224, USA
ProductsAutomotive Aftermarket
Revenue200 million USD
Number of employees
250
ParentSun Capital Partners
WebsiteKraco.com
A Kraco Super Deluxe CB transmitter

Kraco Enterprises, LLC, 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, 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.

Bobby Rahal's Kraco-sponsored IndyCar from 1989

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

Sun Capital Partners, a US-based 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[edit]

PPG CART Indycar World Series[edit]

(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 United States Larry Cannon 99 15 11 20 12 30th 10
United States 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 United States Bill Vukovich, Jr. 18 11 41st 2
United States Dick Ferguson 17 DNS 47th 1
March 82C United States Mike Mosley 8 7 16 7 12 19th 37
Australia 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 United States Mike Mosley 18 13 13 5 4 17 25 4 24 DNQ 11 24 14th 36
Australia Geoff Brabham 20 16 21st 13
99 18 12
United States 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 Australia Geoff Brabham 18 2 16 33 17 2 3 8 9 5 14 21 15 11 16 5 5 8th 87
United States 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 United States Kevin Cogan 18 23 11 16 5 7 9 7 25 17 21 9 4 17 22 24 14th 44
United States 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 United States 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 United States 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 United States 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 United States 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 V8t United States Al Unser, Jr. 5 3 1* 4 1 27 3 15* 11 1* 1 1* 1* 3 4 16 2 1st 210
United States 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 V8t United States Al Unser, Jr. 1 16* 1* 6 4 19 4 4 4 2 23 3 1* 3 5 2 4 2 3rd 197
United States 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 V8t United States Al Unser, Jr. 3 4 5 4* 1 9 3 7 8 7 4 3 2 2 3 11 9 3rd 169
United States Danny Sullivan 18 5 12 1 5 5 12 12 9 3 8 20 7 7 8 17 7 7th 99

IndyCar wins[edit]

# 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 United States Michael Andretti March 86C Cosworth DFX V8t Goodyear 7 47
2 June 8 CART Milwaukee Mile (O) 18 United States Michael Andretti (2) March 86C Cosworth DFX Goodyear Pole 110
3 August 29 CART Phoenix International Raceway (O) 18 United States Michael Andretti (3) March 86C Cosworth DFX Goodyear 4 166
4 1987 May 31 CART Milwaukee Mile (O) 18 United States Michael Andretti (4) March 87C Cosworth DFX Goodyear 4 52
5 August 2 CART Michigan 500 (O) 18 United States Michael Andretti (5) March 87C Cosworth DFX Goodyear Pole 129
6 September 20 CART Nazareth Speedway (O) 18 United States Michael Andretti (6) March 87C Cosworth DFX Goodyear Pole 150
7 November 1 CART Tamiami Park, Miami (S) 18 United States Michael Andretti (7) March 87C Cosworth DFX Goodyear 2 88
8 1989 July 16 CART Meadowlands Street Circuit (S) 18 United States Bobby Rahal Lola T89/00 Cosworth DFS Goodyear 6 61

References[edit]

  1. ^ "Kraco Enterprises, LLC". Hoover's Inc. website. Dun & Bradstreet. Retrieved March 11, 2012.
  2. ^ "Kraco Enterprises". Sun Capital Partners. Retrieved March 11, 2012.
  3. ^ "Kraco Enterprises to Acquire Auto Expressions from Shell Oil Company". Motor Sports News Wire. June 9, 2010. 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.

External links[edit]