CUDAHY, Wis., Dec. 18 /PRNewswire/ --
Ladish Co., Inc. (Nasdaq: LDSH) (http://www.ladishco.com) today announced that
it has added three new Directors to the Board of Directors. The new
Directors, Leon Kranz, President and CEO of Weber Metals, Inc., Scott Roeper,
Managing Director of the Facilitator Capital Fund, and Margaret Hampton, a
manager at Grace Brothers Ltd., were elected to the Ladish Board on
November 13, 2001 at the Board's fourth quarter meeting.
"The new Directors bring a unique combination of aerospace industry
perspective, financial expertise and institutional shareholder viewpoints to
the Board," said Kerry L. Woody, Ladish President & CEO. "We are pleased to
welcome Leon, Scott and Margaret to the Board. The addition of these three
individuals will make for a stronger Board."
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 and Connecticut. 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,
anticipated slowdowns 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.
SOURCE Ladish Co., Inc.
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Related links:
http://www.ladishco.com
CONTACT:
Wayne E. Larsen of Ladish Co., Inc.,
+1-414-747-2935, fax - +1-414-747-2890; or Bill Libby of Libby
Communications, +1-708-488-0559, for Ladish Co., Inc.
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