Ladish’s ZKM Forging Earns AS9100 AccreditationStalowa Wola, Poland —ZKM Forging (www.zkmforging.com), a wholly owned subsidiary of Ladish Co., Inc. (www.ladishco.com) (Nasdaq: LDSH) announced today that it has been awarded AS9100 accreditation. The certification process was audited by Bureau Veritas. According to Jozef Burdzy, ZKM’s President of the Management Board and General Director, the accreditation is a milestone in the history of the 29-year-old company. He said, “With this certification, ZKM has demonstrated that its quality system meets the most demanding standards in the industry. This accreditation opens the door for us to bid on the most technically advanced forgings now being manufactured anywhere in the world.” Jack Franczak, Director – Quality & Technology, European Operations for Ladish, said, “ZKM has conducted more than two-thousand hours of training for dozens of the organization’s engineering, production and quality personnel. ZKM is now ready to commence and sustain operations that meet the highest standards for quality assurance.” Commenting on receipt of the certification, Ray Knutilla, Managing Director, European Operations for Ladish, said, “Forging buyers in the European aerospace industry have known for some time that the official awarding of this certification was imminent, and last month ZKM began work on its first aerospace order, a structural component for the Airbus A320.” Founded in 1978, ZKM forging was acquired by Cudahy, Wisconsin-based Ladish Co., Inc. in 2005. ZKM serves more than a dozen areas of heavy industry with technically advanced forgings. Ladish 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. |