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Stock impact report

Graham Corporation Awarded $17 Million in North American Refining Industry Orders

Graham Corporation (GHM) 
NASDAQ:AMEX Investor Relations: graham-mfg.com/investor-relations-contacts
Company Research Source: Business Wire
Includes two orders for replacement equipment of Graham ejector systems BATAVIA, N.Y.--(BUSINESS WIRE)-- Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, announced today that it received two orders totaling approximately $17 million, both for ejector systems in the North American refining industry. Equipment delivery for both orders is scheduled for the second quarter of fiscal 2019. Equipment that the Company engineers and manufactures for the refining market often includes large ejector systems that operate in highly corrosive environments. Both of these orders involve the replacement of currently installed Graham equipment, which is required due to corrosion caused by harsh operating environments. In one instance, the components will be replaced with the same metallu Show less Read more
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