Aug 19, 2024, 12:03 PM
Aug 19, 2024, 12:03 PM

Graham Corporation Breaks Ground on New Facility in Batavia, NY

Highlights
  • Graham Corporation announced the construction of a new $17.6 million manufacturing facility in Batavia, NY.
  • The facility will focus on producing mission-critical fluid, power, heat transfer, and vacuum technologies for various industries.
  • This expansion marks a significant investment in the local economy and manufacturing sector.
Story

BATAVIA, N.Y. — Graham Corporation (NYSE: GHM), a leader in fluid, power, heat transfer, and vacuum technologies, held a groundbreaking ceremony today for a new 29,000-square-foot facility in Batavia, New York. This significant expansion is part of the company’s commitment to growth and enhancing its service to customers and the local community. The event was attended by state and local officials, including Senator Charles Schumer, who emphasized the importance of Graham’s contributions to national defense. Senator Schumer praised the $18 million investment, highlighting that the expansion will double Graham’s capacity as a strategic supplier for the U.S. Navy. He noted that the new facility will not only bolster the company’s operations but also create 24 new job opportunities in the region. Schumer expressed optimism about the positive impact Graham Corporation will have on both the local economy and the broader defense sector. Graham Corporation is recognized for its engineering expertise in vacuum and heat transfer technologies, as well as its commitment to quality and customer service. The company’s products are critical for various industries, including defense, space, and energy. The groundbreaking marks a pivotal moment in Graham’s ongoing efforts to innovate and expand its capabilities. As the company moves forward with this project, it has issued a safe harbor statement regarding forward-looking statements, cautioning that actual results may differ due to various risks and uncertainties.

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