Graham Corporation has been awarded more than $3.5 million in orders that are expected to be delivered in the third quarter of Graham's fiscal year 2013, which begins April 1, 2012.
The orders for the equipment to be designed and manufactured span three key markets within the energy industry that Graham serves: petrochemical, refining and nuclear energy. A steam surface condenser will be engineered to provide for capacity expansion and improved operating reliability of a U.S. ethylene plant and a vacuum system will be developed for the upgrade of an oil refinery in China. The steam surface condenser will be built in the company's Batavia facility and the vacuum system will be partially built both in China and Batavia.
James R. Lines, Graham's President and Chief Executive Officer, commented, "We believe that it's our strong brand, built as a result of our reputation for consistently delivering high quality products and reliable responsive service, which continues to enable us to win orders and maintain our leading market share. We have supplied equipment to this ethylene facility over several decades and have been called back again to address its expansion and operational enhancements. Likewise, in China, we believe that we are winning opportunities in the refining industry due to the respect we have garnered from our previous work. Our success rate for large vacuum systems for refineries remains in the 40% to 50% range for additional refining capacity added during the past 5 years.