GHM - Mergers and acquisitions

Establishes advanced mixing and material processing as the third pillar to Graham's mission-critical engineered products portfolio Adds proprietary mixing products, utilizing bladeless dual asymmetric centrifugal principles, which builds off the strong foundation in vacuum, heat transfer, and high-speed turbomachinery Strong overlap across Graham's end markets and customers; Defense, Energy & Process and Space with new sub-markets including battery, medical, nuclear, semiconductor, and personal care Enhances long-term growth through disruptive technology, recurring consumables, and aftermarket opportunities in established and emerging end-markets Graham Corporation (NYSE:GHM) (

Graham Corporation (NYSE:GHM) ("GHM" or "the Company"), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space markets, today announced the acquisition of certain specified assets of Xdot Bearing Technologies ("Xdot"), a specialized consulting, design and engineering firm focused on foil bearing technology. Xdot has developed and patented a breakthrough foil bearing design that delivers superior performance while lowering development and production costs. Xdot's innovative technology and products expands capabilities within Barber-Nichols ("BN"), Graham's wholly owned subsidiary, an

Acquisition strategically augments Graham's custom turbomachinery solutions, engineering and development team and advanced manufacturing capabilities Patented technologies create opportunities for product and technology integration to provide more effective solutions in multiple markets Deepens reach into existing space and new energy markets and creates greater diversification with addition of the medical market Similar culture of excellence and processes to support full product lifecycle Expected to be immediately accretive to earnings Graham Corporation (NYSE:GHM) ("Graham" or the "Company"), a global leader in the design and manufacture of mission critical fluid, power,

Fourth quarter fiscal 2021 revenue up 11% over prior-year period, driven by refining and defense industry sales Orders were for the year were $121.6 million including $69.2 million from the defense industry Backlog at fiscal year-end was $137.6 million; 76% of backlog was for the defense industry Graham furthers strategic diversification into defense industry with $70 million acquisition of Barber-Nichols Inc., a specialty turbomachinery company Graham Corporation (NYSE:GHM), a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries, today reported financial results for its fourth quarter and full fiscal

Leading Supplier of Engineered Equipment to the Defense and Aerospace/Space Industries Barber-Nichols is a premier supplier of specialty turbomachinery, pumps and electronic drives that address critical applications for the defense and aerospace/space industries Highly-engineered products and solutions include advanced propulsion systems and integrated fluid, thermal and power generation systems for extreme environments Acquisition accelerates Graham's diversification strategy; over 80% of combined backlog now in the defense industry Proven track record of growth with multi-year visibility; Current backlog of $100 million with approximately $40 million to convert into revenue in f