Graham Corporation (Graham) designs, manufactures and sells custom-built vacuum and heat transfer equipment to customers worldwide. The Company’s products include steam jet ejector vacuum systems, surface condensers for steam turbines, vacuum pumps and compressors, various types of heat exchangers, including helical coil heat exchangers marketed under the Heliflow name, and plate and frame exchangers. Its products produce a vacuum, condense steam or transfer heat, or perform a combination of these tasks. The Company’s products are available in a variety of metals and non-metallic corrosion resistant materials. The Company also maintains a wholly owned subsidiary, Graham Vacuum and Heat Transfer Technology (Suzhou) Co., Ltd., located in Suzhou, China. During the fiscal year ended March 31, 2009, approximately 11% of the Company’s sales were attributable to the Bechtel-Jacobs CEP Port Arthur Joint Venture.