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Graham Corp's subsidiary Barber-Nichols secured a $136.5 million follow-on contract from the US Navy to provide engineering and manufacturing for the Virginia-class submarine program, extending its work through February 2034.
Graham Corporation is investing $4.1 million in its new Batavia, New York facility, which is partly funded by a $13.5 million contribution from a customer. The investment was announced on 22 August 2024.
Graham Corporation held a groundbreaking on August 19, 2024 for a 29,000 sq ft, $17.6 million manufacturing facility in Batavia, New York, expected to add 24 jobs and begin operations in summer 2025.
Graham Corporation was awarded a contract to provide the MK19 air turbine pump for the torpedo ejection system on the Columbia-class submarine, as part of three contracts worth over $65 million combined. Products will be made at its Arvada, Colorado operations; the award was in the second quarter of fiscal 2025.
Graham Corporation has acquired P3 Technologies LLC of Jupiter, Florida, a custom turbomachinery engineering and manufacturing business for space, new energy and medical markets. P3 develops pumps, compressors, turbines, high-speed rotors and cryogenic pumps.
Motion Industries broke ground on a $11.1 million, 104,000-square-foot shop facility in Irondale, Alabama, housing its fluid power shop, hose and rubber shop and engineering department. The project was announced in October 2020, is expected to finish in Q3 2021 and will create 15 new jobs.
Graham Corporation secured $11 million in orders for three oil refining projects in Asia, including its first large order in India from a new customer. The orders cover ejector-liquid ring pump vacuum systems and a steam surface condenser.
