Form 10-K/A
Amendment No. 1

_________________

(Mark One)

[X]	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2006

[ ]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to

Commission File Number 0-23539

Ladish Co., Inc.

( Exact name of registrant as specified in its charter )

Wisconsin	31-1145953
( State of Incorporation )	( I.R.S. Employer Identification No. )
5481 S. Packard Avenue
Cudahy, Wisconsin	53110
( Address of principal executive offices )	( Zip Code )

Registrant’s telephone number, including area code: (414) 747-2611

Securities Registered Pursuant to Section 12(b) of the Act: None

Securities Registered Pursuant to Section 12(g) of the Act:

	Name of each exchange
Title of each class	on which registered
Common stock, $0.01 par value	Nasdaq

_________________

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes No X

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes No X

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and (2) has been subject to such filing requirements for the past 90 days.

Yes X No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Registration S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. X

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer Accelerated filer X Non-accelerated filer

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes No X

The aggregate market value of voting stock held by nonaffiliates of the Registrant was $531,577,866 as of June 30, 2006.

14,503,467
(Number of Shares of common stock outstanding as of February 21, 2007)

EXPLANATORY NOTE

We are filing this Amendment No. 1 on Form 10-K/A to our Annual Report on Form 10-K for the fiscal year ended December 31, 2006, as filed with the U.S. Securities and Exchange Commission on March 7, 2007 (the “Original Form 10-K”), to correct a typographical error in language contained in the “Consent of Independent Registered Public Accounting Firm” on the consolidated financial statements. Specifically, the first paragraph has been revised to include the language “management’s assessment of the effectiveness of internal control over financial reporting as of December 31, 2006.”

Except for the amendment described above, this Form 10-K/A does not modify or update our previously reported disclosures in the Original Form 10-K. Because this amendment only corrects a textual error, the dates on all reports and certifications remain as originally filed.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	LADISH CO., INC.
	By: /s/ Wayne E. Larsen
	Wayne E. Larsen
March 7, 2007	Vice President Law/Finance & Secretary

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature	Title	Date
/s/ Kerry L. Woody	President and Chief Executive Officer	March 7, 2007
Kerry L. Woody	(Principal Executive Officer),
	Director
/s/ Wayne E. Larsen	Vice President Law/Finance &	March 7, 2007
Wayne E. Larsen	Secretary (Principal Financial and
	Accounting Officer)
/s/ Lawrence W. Bianchi	Director	March 7, 2007
Lawrence W. Bianchi
	Director	__________________, 2007
James C. Hill
/s/ Leon A. Kranz	Director	March 7, 2007
Leon A. Kranz
/s/ J. Robert Peart	Director	March 7, 2007
J. Robert Peart
	Director	__________________, 2007
John W. Splude

Form 10-K/AAmendment No. 1