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Graham Corporation Awarded $6.6 Million in U.S. Gulf Coast Petrochemical Industry Orders

Graham Corp (GHM)  More Company Research Source: Business Wire
NASDAQ:AMEX Investor Relations: graham-mfg.com/investor-relations-contacts
PDF Replacing and upgrading equipment in Graham’s installed base Adding new petrochemical capacity driven by plentiful natural gas feedstock 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, today announced that it received two orders totaling approximately $6.6 million, both for the petrochemical industry in the U.S. Gulf Coast. Equipment delivery for both orders is planned for the first half of fiscal 2020 and both will add to fiscal 2019 revenue. The first order is for a Texas-based ethylene cracking plant within the Company’s installed base, replacing and upgrading steam surface condensers that Graham installed 25 years ago. The new condensers will provide more corrosion resistant material. Graham was well pos [Read more]

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