financetom
Business
financetom
/
Business
/
Graham's Unit Invests $17.6 Million for a New Facility in New York
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Graham's Unit Invests $17.6 Million for a New Facility in New York
Aug 19, 2024 8:02 AM

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.

Price: 29.40, Change: +0.07, Percent Change: +0.24

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apollo Global Management, 8VC Form Partnership to Fund US Industrial, Technology Companies
Apollo Global Management, 8VC Form Partnership to Fund US Industrial, Technology Companies
Oct 29, 2025
09:20 AM EDT, 10/29/2025 (MT Newswires) -- Apollo Global Management ( APO ) said it has partnered with venture firm 8VC to provide financing for US industrial and technology companies. Financial terms were not provided. The asset management company said the partnership aims to provide several billion dollars to businesses in advanced manufacturing, aerospace, energy, life sciences, logistics, and natural...
Form 8.3 - ME Group International plc
Form 8.3 - ME Group International plc
Oct 29, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Montanaro Asset Management Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...
Estée Lauder Partners With Shopify For Digital Makeover
Estée Lauder Partners With Shopify For Digital Makeover
Oct 29, 2025
Estee Lauder Companies, Inc. ( EL ) stock remained mostly unchanged in Wednesday’s premarket session as investors weighed a new digital commerce initiative. EL is demonstrating bullish strength. Watch the momentum here The beauty group announced a partnership with Shopify Inc. ( SHOP ) , a global platform recognized for driving online retail innovation. The companies will build a unified...
Market Chatter: Paramount Starts New Round of Job Cuts After Skydance Merger
Market Chatter: Paramount Starts New Round of Job Cuts After Skydance Merger
Oct 29, 2025
09:21 AM EDT, 10/29/2025 (MT Newswires) -- Paramount Skydance ( PSKY ) has started a round of layoffs involving 1,000 employees as part of a plan to cut $2 billion in costs following its merger with Skydance Media, with more to come at a later date, Bloomberg reported Wednesday, citing a company memo. The company, which is also looking to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved