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Graham Corporation - GHM STOCK NEWS

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Graham Corporation (GHM) is a renowned leader in the design and manufacturing of vacuum and heat transfer equipment, catering to a broad spectrum of process industries worldwide. With a commitment to product quality and customer satisfaction, Graham Corporation plays a pivotal role in the production of everyday essential goods. The company provides critical products such as ejectors, surface condensers, turbopumps, compressors, and liquid vacuum pumps.

Graham's equipment is integral to the production processes in industries such as synthetic fibers, chemicals, petroleum, electric power, processed food, pharmaceuticals, paper, steel, and fertilizers. The company's primary markets include petroleum refining, chemical and petrochemical industries, and electric power generation, with notable involvement in cogeneration and geothermal power.

Beyond its primary markets, Graham Corporation also serves the metal refining, pulp and paper, shipbuilding, water heating, refrigeration, desalination, food processing, pharmaceutical, and HVAC industries. The company's brand is synonymous with engineering expertise in vacuum systems and heat transfer, a dedication to outstanding product quality, and a relentless focus on meeting customer needs.

Recent achievements highlight Graham's strategic contributions to the defense sector, where its equipment is utilized in nuclear propulsion systems for the U.S. Navy. In the chemical and petrochemical sectors, Graham's solutions are essential in the production of fertilizers, ethylene, methanol, and various downstream chemicals.

Despite the challenging economic landscape, Graham Corporation has showcased robust financial performance, driven by its innovative product suite and strategic market positioning. Key revenue streams are derived from both domestic and international markets, with a significant portion originating from the U.S.

Graham Corporation's commitment to excellence and innovation continues to drive its growth and influence across diverse industries, ensuring its products remain crucial to modern industrial processes.

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Graham Corporation completes first article units for U.S. Navy projects, expects reduced backlog percentage moving forward. Receives strategic investment to expand capacity for future projects.
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Graham Corporation to present at LD Micro Main Event XVI Conference
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Graham Corporation (NYSE: GHM) announced that its President and CEO, Daniel J. Thoren, and Vice President - Finance and CFO, Christopher J. Thome, will present and host investor meetings at the Midwest IDEAS Conference in Chicago on August 24, 2023, and at the Gabelli Funds Aerospace and Defense Symposium in New York City on September 7, 2023.
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Graham Corporation (NYSE: GHM) Announces $13.5 Million Strategic Investment for Batavia Production Capabilities
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Graham Corp reports Q1 revenue of $47.6M, up 32% YoY, with net income of $2.6M, up 300% YoY. Orders of $67.9M, up $27.6M YoY, and backlog of $322.0M, up 24% YoY. Raises fiscal 2024 revenue guidance to $170M-$180M.
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Graham Corporation (NYSE: GHM) has secured a follow-on order valued at approximately $23 million for the MK48 Mod 7 Heavyweight Torpedo program. This contract highlights the company’s engineering expertise and investments in production capabilities to meet the demand of the U.S. Navy and foreign militaries. Deliveries are expected through 2026, and the order will contribute to the company’s backlog in the fourth quarter of fiscal 2023. Graham specializes in fluid, power, heat transfer, and vacuum technologies for various sectors, including defense and energy.

CEO Daniel J. Thoren noted the importance of high-quality production and the need for increased capacity to fulfill orders efficiently.

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FAQ

What is the current stock price of Graham Corporation (GHM)?

The current stock price of Graham Corporation (GHM) is $44.65 as of November 22, 2024.

What is the market cap of Graham Corporation (GHM)?

The market cap of Graham Corporation (GHM) is approximately 472.1M.

What industries does Graham Corporation serve?

Graham Corporation serves industries including petroleum refining, chemical, petrochemical, electric power generation, metal refining, pulp and paper, shipbuilding, water heating, and more.

What products does Graham Corporation manufacture?

Graham Corporation manufactures ejectors, surface condensers, turbopumps, compressors, liquid vacuum pumps, and other heat transfer and vacuum equipment.

What is Graham Corporation's role in the defense sector?

In the defense sector, Graham Corporation provides equipment for nuclear propulsion power systems used by the U.S. Navy.

How does Graham Corporation contribute to the chemical industry?

Graham's equipment is crucial for producing fertilizers, ethylene, methanol, and various downstream chemicals in the chemical industry.

Where does Graham Corporation generate its revenue?

Graham Corporation generates revenue from both the U.S. and international markets, with a significant portion coming from heat transfer equipment sales.

What sets Graham Corporation apart from its competitors?

Graham Corporation is known for its engineering expertise in vacuum systems, dedication to product quality, and strong customer focus.

What recent achievements has Graham Corporation accomplished?

Recent achievements include significant contributions to the U.S. Navy's nuclear propulsion systems and advancements in chemical and petrochemical production equipment.

How does Graham Corporation ensure customer satisfaction?

Graham Corporation ensures customer satisfaction by delivering high-quality products, reliable performance, and a commitment to meeting customer needs.

What is the significance of Graham Corporation's products?

Graham's products are essential for various industrial processes, helping produce everyday goods and supporting critical infrastructure in multiple sectors.

How does Graham Corporation maintain its market leadership?

Graham Corporation maintains market leadership through continuous innovation, strategic market engagement, and a focus on high-quality engineering solutions.

Graham Corporation

NYSE:GHM

GHM Rankings

GHM Stock Data

472.08M
10.27M
5.72%
77.89%
1.76%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
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United States of America
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