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Graham secures orders totaling $5 million

Rochester Business Journal
February 12, 2014

Graham Corp. recently was awarded four orders for three projects totaling $5 million, the Batavia firm said Wednesday.

The projects are for the petrochemical markets in the United States and China and are expected to ship in the next 9 to 12 months.

The two U.S. orders are for new petrochemical production facilities in the Gulf Coast region, specifically an ethylene plant and a propane dehydrogenation plant. The two orders for the project in China are for a new petrochemical plant.

“Given current market dynamics, the strongest demand for our products recently has come from the North American chemical/petrochemical markets,” said James Lines, Graham’s president and CEO, in a statement. “Nonetheless, the active bids included in our $800 million to $1 billion pipeline are for diverse geographies and end markets. We believe the active bids in our pipeline demonstrates the breadth of our potential growth opportunities."

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 






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