Graham Corporation (NYSE: GHM) expands credit facility and acquires FlackTek units

Rhea-AI Filing Summary

Graham Corporation entered into a second amendment to its existing credit agreement with Wells Fargo, increasing its revolving credit limit from $50.0 million to $80.0 million. The amendment also updates certain definitions and allows indebtedness of Graham India Private Limited related to letters of credit, bank guarantees or similar obligations up to $5.0 million.

The company also announced the acquisition of FlackTek Manufacturing, LLC and FlackTek Sales, LLC, which provide advanced mixing and material processing solutions. Graham released a press release and an informational slide deck with additional details about FlackTek, which are furnished as exhibits and posted on its website.

Insights

Credit and M&A Analyst

Graham expands credit capacity and completes a strategic acquisition.

Graham Corporation has amended its credit agreement with Wells Fargo, lifting the revolving credit limit from $50.0 million to $80.0 million. This larger facility can support working capital needs and provide flexibility to fund transactions such as acquisitions, subject to the agreement’s covenants and terms.

The amendment also permits indebtedness for Graham India Private Limited tied to letters of credit, bank guarantees or similar obligations up to $5.0 million, which may help support international operations and customer commitments. These changes suggest a structured approach to managing liquidity and contingent obligations.

Separately, Graham completed the acquisition of FlackTek Manufacturing, LLC and FlackTek Sales, LLC, described as pioneers in advanced mixing and material processing solutions. Future disclosures in company communications and filings may provide financial details on FlackTek’s contribution and any integration plans.

GRAHAM CORP false 0000716314 0000716314 2026-01-23 2026-01-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 23, 2026

Graham Corporation

(Exact name of Registrant as specified in its charter)

Delaware		001-08462		16-1194720
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

20 Florence Avenue, Batavia, New York				14020
(Address of principal executive offices)				(Zip Code)

Registrant’s telephone number, including area code: (585) 343-2216

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.10 per share		GHM		NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

On January 23, 2026, Graham Corporation (the “Company”) entered into a second amendment (the “Second Amendment”) to its existing credit agreement, by and between the Company and Wells Fargo Bank National Association (“Wells Fargo”), dated as of October 13, 2023, as amended (the “Credit Agreement”). The Second Amendment will (i) increase the revolving credit limit under the Credit Agreement from $50.0 million to $80.0 million, (ii) revise certain defined terms in the Credit Agreement, and (iii) permit the incurrence or existence of indebtedness of Graham India Private Limited arising from any letters of credit, bank guarantees or other similar obligations in a principal amount not to exceed $5.0 million.

Capitalized terms used herein and not otherwise defined have the meanings given such terms in the Second Amendment. The foregoing summary of the Second Amendment does not purport to be complete, and is qualified in its entirety by reference to the Second Amendment, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1.

Item 7.01. Regulation FD Disclosure.

On January 26, 2026, the Company issued a press release announcing the acquisition of FlackTek Manufacturing, LLC and FlackTek Sales, LLC, pioneers in advanced mixing and material processing solutions. Additionally, on January 26, 2026, the Company posted an informational slide deck on its website at www.grahamcorp.com which provides information on FlackTek Manufacturing, LLC and FlackTek Sales, LLC. A copy of the press release and slide deck are attached as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under such section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1		Second Amendment to Credit Agreement, dated as of October 13, 2023, by and among Graham Corporation and Wells Fargo Bank National Association.
99.1		Press Release dated January 26, 2026.
99.2		Informational Slide Deck.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

						Graham Corporation
Date: January 26, 2026				By:		/s/ Christopher J. Thome
						Christopher J. Thome
						Vice President – Finance, Chief Financial Officer and Chief Accounting Officer

FAQ

What did Graham Corporation (GHM) change in its credit agreement?

Graham Corporation entered into a second amendment to its credit agreement with Wells Fargo that increases the revolving credit limit from $50.0 million to $80.0 million, revises certain defined terms, and allows specific indebtedness of Graham India Private Limited related to letters of credit, bank guarantees or similar obligations up to $5.0 million.

How much revolving credit is now available to Graham Corporation (GHM)?

Under the amended credit agreement, Graham Corporation’s revolving credit limit increases from $50.0 million to $80.0 million.

What new indebtedness is permitted for Graham India Private Limited under the amendment?

The second amendment permits Graham India Private Limited to incur or have indebtedness arising from letters of credit, bank guarantees or other similar obligations in a principal amount not exceeding $5.0 million.

Which companies did Graham Corporation (GHM) acquire according to this 8-K?

Graham Corporation announced the acquisition of FlackTek Manufacturing, LLC and FlackTek Sales, LLC, which are described as pioneers in advanced mixing and material processing solutions.

Where can investors find more information about Graham’s FlackTek acquisition?

Additional information is provided in a press release (Exhibit 99.1) and an informational slide deck (Exhibit 99.2), and the slide deck is also posted on the company’s website at www.grahamcorp.com.

Are the press release and slide deck about the FlackTek acquisition considered filed with the SEC?

No. The press release and slide deck furnished under Item 7.01, including Exhibit 99.1 and Exhibit 99.2, are expressly stated as not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference into other Securities Act or Exchange Act filings.