Ladish Co has acquired complete ownership of Aerex Manufacturing. Aerex, located in South Windsor, Connecticut, is a precision-machining enterprise serving the aerospace and commercial airplane industries since 1966. The purchase price of Aerex was approximately $14 million, paid through a combination of cash and Ladish common stock.
Ladish Co., is a leading producer of highly engineered technically advanced components for the jet engine, aerospace and general industrial markets.