EXHIBIT 23.2
                                  ------------


                          Consent of Deloitte & Touche



INDEPENDENT AUDITORS' CONSENT


We consent to the incorporation by reference in this Registration Statement of
Graham Corporation on Form S-8 of our reports dated February 24, 1997, appearing
in and incorporated by reference in the Annual Report on Form 10-K of Graham
Corporation for the year ended December 31, 1996 and to the reference to us
under the heading "Experts" in the Prospectus, which is part of this
Registration Statement.



/s/ Deloitte & Touche LLP

Deloitte & Touche LLP
Rochester, New York
April 2, 1997