Ladish's ZKM Forging Expands into New Niche with G650 Parts

STALOWA WOLA, Poland, Sept. 4 /PRNewswire-FirstCall/ -- (www.zkmforging.com) ZKM Forging, a wholly owned subsidiary of Ladish Co., Inc. (www.ladishco.com) (Nasdaq: LDSH) announced today that it has shipped the first structural components to Goodrich Corporation for the landing gear to be used on the new Gulfstream G650 business jet. This shipment represents a major step toward making aerospace a significant percentage of ZKM's business.

Thomas Trisco, Director Sales and Marketing, European Operations, said: "With this order, ZKM has expanded into a new aircraft market segment -- business jets. Our investments in technologies and capabilities are the reason ZKM is now rapidly growing its aerospace business. Our Polish forge shop looks forward to providing exceptional quality and delivery to customers such as Goodrich."

Jozef Burdzy, ZKM's President of the Management Board and General Director, said: "The aerospace market holds much promise for growth during the next few decades, and we are pleased to have earned the opportunity to provide our forgings for the Gulfstream G650's landing gear."

Ray Knutilla, Managing Director, European Operations for Ladish, said: "With aerospace production lines up, running, certified, and producing parts for customers, we are delivering on our commitment to make ZKM Central Europe's preferred source for high-quality aerospace forgings."

Founded in 1978, ZKM forging was acquired by Cudahy, Wisconsin-based Ladish Co., Inc. in 2005. ZKM serves more than a dozen heavy-industry markets with technically advanced forgings.

Ladish Co., Inc. is a leading producer of highly engineered, technically advanced metal 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.

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.