NEWS
| For: | From: |
Ladish Co., Inc. | Libby Communications |
| 5481 South Packard Avenue | 95 Pin Pack Road |
| Cudahy, WI 53110-8902 | Ridgefield, CT 06877 |
| Contact: Wayne E. Larsen | Contact: William J. Libby |
| 414-747-2935 | 203-431-8480 |
| 414-747-2890 Fax | 203-431-6132 Fax |
Ladish Acquires Valley Machining, Inc.
(Cudahy, WI) – Ladish Co., Inc.(www.ladishco.com) announced today that it has completed the acquisition of Valley Machining, Inc. (“Valley”). Located near La Crosse, Wisconsin, Valley is a longstanding proven supplier of precision machined components to Ladish and other aerospace material companies. Ladish financed the purchase with cash on hand.
“We are pleased to close on the purchase of Valley,” commented Ladish President and CEO Kerry L. Woody. “This strategic acquisition provides Ladish with a resource which will provide key precision machining capacity to serve our customers growing demands for capacity.”
Mr. Woody observed, “The accretive nature of this transaction will benefit Ladish stockholders, as Ladish’s other constituents gain from another addition to the Ladish family of metalworking companies.”
Ladish Co., Inc. is a leading producer of highly engineered, technically advanced components for the jet engine, aerospace and general industrial markets. Ladish is headquartered in Cudahy, Wisconsin with operations in Wisconsin, Oregon, Connecticut and Poland. Ladish common stock trades on Nasdaq under the symbol LDSH.
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