ITEM 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

On September 2, 2008 the Registrant sold $50,000,000 of Series C Senior Notes to a number of qualified, institutional buyers in a private placement. The Series C Senior Notes have a seven-year life, maturing on September 2, 2015. Interest on the Series C Senior Notes is payable semi-annually at a rate of 6.41%. The Registrant used the proceeds from the Series C Senior Notes to repay existing indebtedness and for general corporate purposes. In conjunction with the placement of the Series C Senior Notes, the Registrant and the holders of the Registrant's Series B Senior Notes amended the note agreement for the Series B Senior Note.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(a) None.

(b) None.

(c) None.

(d) Exhibits.

99 (a) September 2, 2008 Press Release

(b) September 2, 2008 Series C Terms Agreement to Note Purchase Agreements

(c) Second Amendment Dated September 2, 2008 to Note Purchase Agreement Dated as of July 20, 2001

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned thereunto duly authorized.

LADISH CO., INC. Date: September 2, 2008 By: /s/ Wayne E. Larsen Wayne E. Larsen Vice President Law/Finance & Secretary

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