<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF LADISH CO., INC. AS OF AND FOR THE 12 MONTHS ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 5,517 <SECURITIES> 0 <RECEIVABLES> 35,709 <ALLOWANCES> 300 <INVENTORY> 41,967 <CURRENT-ASSETS> 83,169 <PP&E> 136,952 <DEPRECIATION> 50,981 <TOTAL-ASSETS> 173,877 <CURRENT-LIABILITIES> 43,120 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 140 <OTHER-SE> 68,646 <TOTAL-LIABILITY-AND-EQUITY> 173,877 <SALES> 226,767 <TOTAL-REVENUES> 226,767 <CGS> 194,125 <TOTAL-COSTS> 8,085 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,256 <INCOME-PRETAX> 23,747 <INCOME-TAX> 2,375 <INCOME-CONTINUING> 21,372 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 21,372 <EPS-PRIMARY> 1.76 <EPS-DILUTED> 1.55