It primarily manufactures fabricated rubber products for a wide variety of purposes and applications.

[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.