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Ladish bought Irvine, Calif.-based Chen-Tech with a combination of cash and stock. The company said that the transaction is expected to boost its 2008 earnings.
According to Landish, Chen-Tech has projected 2008 sales of about $50 million. Shares of Landish Co. fell 30 cents, or 1.2 percent, to close at $25.03 Friday.
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