GRAHAM CORP: insider trades · United States · SEC (Form 4)

About GRAHAM CORP

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering and manufacturing company focused on mission-critical fluid, power, heat transfer, and vacuum technologies. The company is headquartered in Batavia, New York, United States, where it also operates core production facilities. Graham serves markets where reliability, engineering precision, and customer-specific qualification requirements are essential, most notably defense, energy, process industries, and space. Founded in 1936, Graham built its reputation in vacuum and heat-transfer equipment and has expanded over time through both organic growth and acquisitions. Today, the group operates through multiple specialized platforms, including Graham Manufacturing, Barber-Nichols, and other related businesses. This structure gives the company exposure to complex, long-cycle projects that are frequently engineered to order rather than produced as standard catalog items. Its main product and service lines include surface condensers, ejectors, vacuum systems, specialty turbomachinery, pumps, cryogenic systems, and related engineered subsystems. Commercially, Graham sells primarily into defense and naval programs, nuclear and conventional energy, refining, petrochemical and process applications, and space-related programs. This end-market mix is strategically important: it provides diversification while also creating high barriers to entry because of certification, design know-how, and the critical nature of the applications served. From a competitive standpoint, Graham occupies a niche position rather than competing as a broad-based industrial OEM. Its advantage lies in engineering depth, application expertise, and the ability to deliver highly customized solutions for demanding customers. The company’s U.S. footprint is centered in New York and Colorado, with additional capabilities through foreign subsidiaries and acquired businesses. For francophone investors, the key takeaway is that Graham is a specialized industrial franchise with exposure to structurally attractive and technically demanding markets. Recent developments support that view. In fiscal 2025, Graham reported higher revenue, margin expansion, and record backlog, with management highlighting particularly strong demand from defense and space. The company also outlined investments aimed at increasing capacity and improving productivity, including automated welding, an expansion at its Batavia site, and a new cryogenic testing facility in Florida. More recently, Graham announced the acquisition of FlackTek to strengthen its mission-critical engineered products platform. Taken together, these moves suggest a company that is actively scaling its industrial base, improving operational leverage, and deepening its exposure to higher-value defense and space programs on the NYSE in the United States.