Ladish Announces Plans to Invest $5 Million in Poland

ZKM Forging will benefit from new machining and nondestructive testing capabilities.

August 06, 2007 -- Ladish Co., Inc. www.ladishco.com has announced the expansion of its manufacturing capabilities in Poland. The new manufacturing capabilities will support customer demand for value-added operations to forged products for aerospace and industrial markets. The capital investment of $5 million will be expended over the next several years as equipment is installed and employees trained.

Commenting on the expansion, Kerry L. Woody, Ladish's president and CEO, said, "The response of global customers to ZKM Forging's entrance into the EU aerospace marketplace has been rewarding. In addition to current industrial and aerospace forging work, we also have numerous aerospace orders in the negotiation pipeline. We recognize the opportunity to broaden our product offering in Poland to position ZKM Forging to effectively support its customers."

Ray Knutilla, managing director, European Operations for Ladish, said, "The funds will be used to establish machining and nondestructive testing capabilities in an existing facility adjacent to Ladish's ZKM Forging www.zkmforging.com in Stalowa Wola.

“By strengthening our EU-based capabilities in the area of post-forging manufacturing operations, we will enhance our value within aerospace and industrial supply chains. This new operation coupled with forging will provide a one-stop source with shorter manufacturing lead times demanded by our customers."

Ladish Co., Inc. is headquartered in Cudahy, WI, and has operations in Wisconsin, Oregon, and Connecticut, as well as Poland.

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