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Graham Corporation Awarded $7.5M in Surface Condenser Orders


Graham Corporation (NYSE: GHM) ("Graham" or the "Company"), a global business that engineers, manufactures, and sells critical equipment for the oil refining, petrochemical and power industries, and also supplies components and raw materials for nuclear energy facilities, announced that it was recently awarded three surface condenser orders totaling $7.5 million. Two of the orders are for new U.S. production capacity of chemical/petrochemicals in the Gulf Coast region. Lower feedstock and energy costs stemming from shale gas development have driven investments in chemical and petrochemical capacity. The third order is to support expansion of an oil refinery in Saudi Arabia. The projects are expected to ship during the latter half of fiscal 2015, which ends March 31, 2015. 

"Over many decades, Graham has developed a solid reputation for delivering custom fabricated, high quality products and supporting end users from project inception to aftermarket support. We believe that our leadership

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Posted-In: News Guidance Contracts Management Global


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