EX-99
3
dkm1574a.htm
PRESS RELEASE
NEWS
For:
From:
Ladish Co., Inc.
Libby Communications
5481 South Packard Avenue
1414 East Harbour Towne Circle
Cudahy, WI 53110-8902
Muskegon, MI 49441
Contact: Wayne E. Larsen
Contact: William J. Libby
414-747-2935
231-755-4111
414-747-2602 Fax
231-755-4144 Fax
Release date: 5 September 2008
LADISH COMPLETES MERGER WITH
CHEN-TECH INDUSTRIES
Cudahy, WI-Ladish Co., Inc.
(NASDAQ: LDSH) (
www.ladishco.com
) announces that it completed the merger of
Chen-Tech Industries, Inc. ("Chen-Tech") with a wholly owned subsidiary of
Ladish on September 4, 2008. The merger, paid in a combination of cash and Ladish common
stock, is expected to be accretive to 2008 earnings.
Commenting on the merger, Kerry L.
Woody, President and CEO of Ladish, said, "We are pleased to have the transaction
with Chen-Tech finalized. Aligning these two premier forging businesses, Ladish Forging
and Chen-Tech, will begin delivering benefits to our shared jet engine customers, Ladish
and Ladish stakeholders. Shannon Ko, President, and his team at Chen-Tech are a strong
complement to our Ladish Forging operation. Together, we expect to increase our worldwide
market share of rotating engine components by capturing targeted growth
opportunities".
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, California, Connecticut, Oregon and Poland. Ladish common
stock trades on NASDAQ under the symbol LDSH.
This release includes forward-looking
statements that are made pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to certain
risks and uncertainties that could cause actual results to differ materially from those
projected in them. These risks and uncertainties include, but are not limited to,
uncertainties in the company's major markets, the impact of competition, the
effectiveness of operational changes expected to increase efficiency and productivity,
worldwide economic and political conditions and the effect of foreign currency
fluctuations.
# # # #
LCI-08-11

EX - 99 3 dkm1574a . htm PRESS RELEASE NEWS For : From : Ladish Co . , Inc . Libby Communications 5481 South Packard Avenue 1414 East Harbour Towne Circle Cudahy , WI 53110 - 8902 Muskegon , MI 49441 Contact : Wayne E . Larsen Contact : William J . Libby 414 - 747 - 2935 231 - 755 - 4111 414 - 747 - 2602 Fax 231 - 755 - 4144 Fax Release date : 5 September 2008 LADISH COMPLETES MERGER WITH CHEN - TECH INDUSTRIES Cudahy , WI - Ladish Co . , Inc . ( NASDAQ : LDSH ) ( www.ladishco.com ) announces that it completed the merger of Chen - Tech Industries , Inc . ( " Chen - Tech " ) with a wholly owned subsidiary of Ladish on September 4 , 2008 . The merger , paid in a combination of cash and Ladish common stock , is expected to be accretive to 2008 earnings . Commenting on the merger , Kerry L . Woody , President and CEO of Ladish , said , " We are pleased to have the transaction with Chen - Tech finalized . Aligning these two premier forging businesses , Ladish Forging and Chen - Tech , will begin delivering benefits to our shared jet engine customers , Ladish and Ladish stakeholders . Shannon Ko , President , and his team at Chen - Tech are a strong complement to our Ladish Forging operation . Together , we expect to increase our worldwide market share of rotating engine components by capturing targeted growth opportunities " . 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 , California , Connecticut , Oregon and Poland . Ladish common stock trades on NASDAQ under the symbol LDSH . This release includes forward - looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995 . Such forward - looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in them . These risks and uncertainties include , but are not limited to , uncertainties in the company 's major markets , the impact of competition , the effectiveness of operational changes expected to increase efficiency and productivity , worldwide economic and political conditions and the effect of foreign currency fluctuations . # # # # LCI - 08 - 11
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