Valley purchased

Valley purchased

Keywords: Precision engineering, Metalworking industry

Ladish Co. Inc., has announced to that it has completed the acquisition of Valley Machining, Inc., (“Valley”). Located near La Crosse,Wisconsin, Valley is a long-standing proven supplier of precision machined components to Ladish and other aerospace material companies. Ladish financed the purchase with cash on hand.

“We are pleased to close on the purchase of Valley,” commented Ladish President and CEO Kerry L. Woody. “This strategic acquisition provides Ladish with a resource which will provide key precision machining capacity to serve our customers growing demands for capacity.”

Mr Woody observed, “The accretive nature of this transaction will benefit Ladish stockholders, as Ladish’s other constituents gain from another addition to the Ladish family of metalworking companies.”