Company Overview

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, aerostructures and highly engineered, critical fasteners for aerospace applications. In addition, the Company is the leading producer of airfoil castings for the industrial gas turbine market. PCC manufactures extruded seamless pipe, fittings, forgings, and clad products for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials to the casting and forging industries.

Precision Castparts Corp.

Acquisition Strategy

Product AdjacentNew Products/Aerospace & Power
to HomeCurrent Products/
& Power
Core Competencies
  • Component manufacturer for complex end uses
  • OEM customer profile
  • Process control expertise
  • Procurement or technology similarities
  • Operational excellence
ExpansionCurrent Products/
New OpportunitiesNew Products/Non-Core Markets

Precision Castparts has achieved solid top- and bottom-line growth not only through its legacy operations, but also through acquisition of businesses specifically targeted to complement those operations. With a focus on aerospace and power markets, acquisition candidates are selected in accordance with our core capabilities: production of complex components for critical applications; a direct relationship with the original equipment manufacturer; process control; similarity in metals or technologies; and improvement of underperforming assets. We value businesses fairly and, as disciplined buyers, will pay a reasonable multiple based on that valuation. To date, our acquisitions have been immediately accretive to earnings, with post-acquisition synergies generating increased shareholder value.

Company Employees and Locations

Number of Employees (approx., from cont. ops) 30,500
Number of Manufacturing Locations 162