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Ladish enters agreement with Sino-Titanium
Ladish enters agreement with Sino-Titanium
Keywords Ladish,Titanium
Ladish Co., Inc. (NASDAQ:LDSH www.ladishco.com), has signed a long-term purchase contract with Sino-Titanium, based in Baoji, China. Under the terms of this multi-year agreement, Ladish will purchase in excess of 1,200 tons of titanium ingots for its Wisconsin forging operation.
With this contract, Ladish positions itself as a continuing force in the Chinese non-ferrous metals market. Conversely, the alliance with Ladish expands Sino-Titanium's participation in the international titanium market. "Both companies will benefit from this long-term agreement," says Kerry L. Woody, Ladish's president and CEO.
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