Ladish 1st-qtr. net sags on aero downturn

Apr 30, 2009 | 11:14 AM | Frank Haflich

Slowdowns in aerospace and industrial markets, lower scrap sales and higher expenses in other areas helped push Ladish Co. Inc.'s first-quarter earnings down nearly 80 percent.

Net income for the Cudahy, Wis.-based producer of forgings, castings and other components totaled $1.2 million compared with almost $6 million in the same period last year on sales that fell 9.8 percent to $105.7 million from....

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