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Graham's Unit Invests $17.6 Million for a New Facility in New York
2024-08-19 22:30
10:30 AM EDT, 08/19/2024 (MT Newswires) -- Graham (GHM) said Monday its Graham Manufacturing unit is investing $17.6 million for a new 29,000-square-foot facility in Batavia, New York, with completion expected in the next 12 months.
The investment includes a $13.5 million contribution from a strategic customer to support production amid the rising demand, specifically from the US Navy, the company said in a statement after the groundbreaking ceremony.
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