Thermon reports >$100M liquid load bank quote log, up 70% in 2 months; sees 5-7% organic growth from new products

Thermon Group Holdings, Inc.

Quote log for liquid load banks exceeds $100M as of April 2026, up nearly 70% from two months ago.
Multi-year pipeline for liquid load bank solutions now approximately $400M; 80 units ordered since launch.
Management believes new product offerings could contribute 5–7% to organic growth beyond core business.
Capital project activity up 22% through first three quarters of fiscal 2026, citing rebound in core markets.
Manufacturing capacity expanded to support expected 20% annual market growth through 2032.

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