1. COMPANY SNIPPETS.............. 1

2. MAJOR PRODUCTS AND SERVICES..............3

3. SALES DATA.............. 4 Table 1: Graham Corporation's Sales by Geographic Region Worldwide (2014-2015) in Percentage for Asia, Canada, Central America, Europe, Middle East, South America, U.S., and Others 4

Table 2: Graham Corporation's Sales by Product Segment Worldwide (2014-2015) in Percentage for Heat Transfer Equipment, Vacuum Equipment, and Others 5

4. MARKET OVERVIEW.............. 6 Water Heaters.............. 6 Table 3: Water Heater Shipments in China (2014) in Thousand Units.............. 6 Heat Exchangers.............. 7 Table 4: Heat Exchangers Market by Region Worldwide (2015) - Percentage Share Breakdown by Capacity for America, Asia, Europe, and Korea.............. 7

Table 5: Heat Exchangers Market by Category Worldwide (2015) - Percentage Share Breakdown by Value for Air Coolers, Cooling Towers, Plate and Frame, Shell and Tube and Others 8

Table 6: Plate & Frame Heat Exchanger Market by Type Worldwide (2015) - Percentage Share Breakdown by Value for Brazed, Gasketed, Welded, and Others 9

Table 7: Micro Channel Heat Exchanger (MCHEX) Market by Industry Worldwide (2015) - Percentage Share Breakdown by Volume for Chemical, Food Processing, Fuel Processing, Heating, Ventilation, Air Conditioning & Refrigeration, and Power.............. 10 Compressors.............. 11 Table 8: Compressor Market by Region Worldwide (2015) - Percentage Share Breakdown by Capacity for America, Europe, and Korea.............. 11

Table 9: Air Compressors Market by Region Worldwide (2014) - Percentage Share Breakdown by Value for China, Europe, India, Latin America, USA, and Other Asia 12

Table 10: Scroll Compressors Market by Region Worldwide (2014) - Percentage Share Breakdown by Volume for China, Europe, Japan, US and Others..............13

Table 11: Compressor Sales by Segment in Russia (2015) - Percentage Share Breakdown by Value for General Service (air), Oil &Gas Production and Transportation and Others 14

5. COMPETITIVE LANDSCAPE.............. 15 Water Heaters.............. 15 Table 12: Market Shares of Leading Water Heater Manufacturers by Volume Sales in China (2014) - Percentage Share Breakdown for A. O. Smith Corporation, Ariston Thermo SPA, Guangdong Macro Gas Appliance Co., Ltd., Vanward New Electric Co., Ltd., Haier Group, Midea Group, Noritz Corporation, Rinnai Corporation, Vatti Corporation Ltd., Whirlpool Corporation, and Others.............. 15

Table 13: Market Shares of Leading Residential Water Heater Manufacturers in the US (2014) - Percentage Breakdown by Value Sales for A. O. Smith Corporation, Bradford White Corporation, Rheem Manufacturing Company and Others 16

Table 14: Market Shares of Leading Commercial Water Heater Manufacturers in the US (2014) - Percentage Breakdown by Value Sales for A. O. Smith Corporation, Bradford White Corporation, Rheem Manufacturing Company and Others 17 Heat Exchangers.............. 18 Table 15: Market Shares of Leading Heat Exchange and Heating, Ventilation, Air Conditioning, and Cooling (HVAC) Equipment Manufacturers Worldwide (2015) - Percentage Breakdown by Value for Behr Process Corporation, Delphi Automotive Plc, Denso Corporation, Valeo, Visteon Corporation and Halla, Inc., and Others.............. 18 Condensers.............. 19 Table 16: Market Shares of Leading Air Cooled Steam Condenser Manufacturers in India (2015) - Percentage Breakdown by Value for General Engineering Industries Limited and Others 19 Compressors.............. 20 Table 17: Market Shares of Leading Compressor Manufacturers in India (2014) - Percentage Breakdown by Value Sales for Atlas Copco Group, ELGI Equipments Ltd., Ingersoll-Rand, Inc., Kirloskar Pneumatic Co., Ltd. and Others 20

Table 18: Market Shares of Leading Compressor Manufacturers Worldwide (2014) - Percentage Breakdown by Value Sales for Atlas Copco Group, Fusheng Group, Gardner Denver, Inc., Ingersoll-Rand, Inc. and Others..............21

Table 19: Compressors Market by End-Use Sector Worldwide (2014) - Percentage Share Breakdown by Value Sales for Chemical, Electric Power, Manufacturing, Petroleum and Others 22

Table 20: Market Shares of Leading Scroll Compressors Brands Worldwide (2014) - Percentage Share Breakdown by Value for Copeland and Others.............. 23